$1000 Invested In Ferrari 5 Years Ago Would Be Worth This Much Today – Ferrari (NYSE:RACE)

Ferrari RACE has outperformed the market over the past 5 years by 12.55% on an annualized basis producing an average annual return of 25.36%. Currently, Ferrari has a market capitalization of $60.65 billion.

Buying $1000 In RACE: If an investor had bought $1000 of RACE stock 5 years ago, it would be worth $3,217.31 today based on a price of $336.14 for RACE at the time of writing.

Ferrari’s Performance Over Last 5 Years

Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button