This is a news story, published by Yahoo Finance (Canada), that relates primarily to Ferrari news.
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FerrariGuruFocus | Stock Market Research, Data and Tools
•85% Informative
Ferrari NV ( NYSE :RACE) is known worldwide for its iconic cars.
This strong brand power means demand is consistently very high in a market that is able to pay a premium for its products.
Ferrari cars are very premium and focused on a high-income customer base, but exclusivity goes beyond what many people think.
In the second quarter , shipments increased by 2.70% to 3,484 units.
Ferrari has one of the widest moats in the automotive industry and is a compelling company because of it.
Ferrari 's forward price-earnings currently stands at 54 , while that of companies such as Toyota Motor Corp. ( NYSE : TM ), Ford and General Motors are below 10 .
With its brand power, Ferrari suffers almost nothing from relevant concerns in the sector.
VR Score
83
Informative language
81
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45
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informal
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English
Language complexity
55
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Time-value
medium-lived
External references
12
Source diversity
6
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