$1000 Invested In Ferrari 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Ferrari (NYSE:RACE) has delivered an average annual return of 25.36%, outperforming the market by 12.55% on an annualized basis. A $1000 investment in RACE 5 years ago would now be worth $3,217.31. Ferrari's market capitalization currently stands at $60.65 billion.
January 04, 2024 | 6:30 pm
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Ferrari's stock (NYSE:RACE) has significantly outperformed the market, with a $1000 investment 5 years ago now valued at $3,217.31.
The historical performance of Ferrari's stock suggests a strong track record of growth, which could continue to attract investors seeking robust returns. The positive retrospective analysis may increase investor confidence and demand for RACE shares in the short term.
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IMPORTANCE 80
RELEVANCE 100