This Under-the-Radar Stock Could Easily Be Recession-Proof
As the Fed aggressively increases interest rates to battle rising inflation, and as economic uncertainties mount, many investors are browsing the markets for recession-proof stocks.
While this stock is in one of the last industries investors would typically look for recession-proof stocks, Ferrari (NYSE: RACE) has a number of qualities that make it a great option to consider as 2022 comes to an end.
A Ferrari price tag alone, which can easily top $300,000 and beyond, would be enough to offer exclusivity for its brand. But Ferrari vehicles are a rare breed and more difficult to own than many realize, and it's important for its operations to be this way.
Source Fool.com
