How Ferrari Stock Leaves Other Automakers in the Dust
Years ago, one of my coworkers quipped to me that the automotive industry was where capital went to die. To some degree, that's fair, as the industry is extremely competitive and capital intensive. To put it bluntly: Making high-quality vehicles to sell to the masses is difficult.
However, what if there is an automaker that not only boasts protection from economic downturns, it also offers luxury-like margins that most automakers dream of making? That's exactly the case with Ferrari (NYSE: RACE). These two graphs show precisely how the supercar manufacturer has left traditional automakers in the dust.
Ferrari's F8 Tributo. Image source: Ferrari.
Source Fool.com
