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Is Ferrari (NYSE:RACE) Starting To Look Interesting After Recent Share Price Pullback?

Is Ferrari (NYSE:RACE) Starting To Look Interesting After Recent Share Price Pullback?

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  • If you are wondering whether Ferrari stock is still priced for excellence or starting to look interesting on value, the recent share performance gives you a useful starting point.

  • The stock last closed at US$339.69 and has risen 0.2% over the past week, while being down 3.5% over the past month, 8.7% year to date and 29.4% over the last year, with longer term returns of 18.9% over three years and 75.2% over five years.

  • These mixed returns sit against an ongoing investor focus on premium automotive brands and how they stack up versus broader markets and peers. Recent commentary around luxury…

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