3 Reasons Why Ferrari Is a Buy
There's a lot of talk about the automotive sector and how we're experiencing a revolutionary time of electrification in that industry -- one that could create millionaires out of early investors. Tesla and its unique leader Elon Musk have become names synonymous with electric vehicles. And over the past year, Ford has been making its mark under new CEO Jim Farley as the revamped Mustang and F-150 truck transition to electric batteries to support their raw power.
Ferrari (NYSE: RACE) is one company that not only carries perhaps the best stock ticker symbol of them all, but is also gaining more traction in popularity and is becoming a brighter blip on the radar of investors. Let's look at what the company has going for it.
Image source: Ferrari.
Source Fool.com
