Luxury brands and goods work great, but cars aren't far behind either.
Ferrari $RACE+0.7% has been breaking through the stable to new heights in recent months, and the current trend seems absolutely unbreakable.
The stock has gained over 40% since the beginning of the year.
One of the fastest growing investor communities in Europe
Comprehensive data and information on thousands of stocks from around the world
Current information from global markets and individual companies
Education and exchange of investment experience among investors
Fair prices, portfolio tracker, stock screener and other tools
All data provided on Bulios is provided for informational purposes only, and is not intended for trading or investing purposes. Find out more
© Bulios 2024
I have to say, it's interesting and I would love to buy shares in a company with a luxury brand. Well, thanks for the tip.
Ferrari is a very strong brand and even though they are growing now, they still have potential. But I don't have representation in this sector.
I don't have them either, but I've been looking at them on covid. I'm a little sorry now, but what can you do...
What I liked about the luxury car brands was that even last year, when everyone was expecting a crisis and an apocalyptic scenario, these companies were talking about record deliveries and assured demand for the next few months and years ahead. A really cool industry.
The stock's up a lot. Now it's really a megatrend.