Could Buying Ferrari Stock Today Set You Up for Life?

Ferrari (NYSE: RACE) garnered a lot of attention lately when the luxury automaker held its Capital Markets Day, where management issued 2030 guidance that was slightly lower than expected. Many investors sold off the stock as a result. Ferrari investors have enjoyed years of strong earnings and returns -- the stock is up 578% over the past decade -- which may have set expectations too high.In the wake of Ferrari having its worst-ever trading day, some investors are likely left wondering if it is a buy right now. And, if so, could it set them up for life? Here's what potential investors should know. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool