Ferrari Continuously Increases its Margin and Generates Increasing Revenue Outside of the Automotive Business!

Ferrari is one of the few long-term performers among automotive stocks. After we saw a sideways phase lasting half a year, during which tariff threats negatively impacted the stock, the upward trend could soon resume if a solution is found in the trade dispute. What I like about Ferrari are several points: in addition to its strong pricing power, the company has an excellent CEO in Benedetto Vigna, who employs a clever strategy of artificial scarcity, which increases the desirability of the brand and improves margins. In the first quarter, the...