Ferrari (NYSE:RACE) has outperformed the market over the past 5 years by 7.31% on an annualized basis producing an average annual return of 16.47%. Currently, Ferrari has a market capitalization of $33.81 billion.
Buying $100 In RACE: If an investor had bought $100 of RACE stock 5 years ago, it would be worth $215.49 today based on a price of $184.91 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.