$100 Invested In Ferrari 5 Years Ago Would Be Worth This Much Today
Ferrari NV RACE | 454.46 | +0.40% |
Ferrari (NYSE:RACE) has outperformed the market over the past 5 years by 11.41% on an annualized basis producing an average annual return of 20.19%. Currently, Ferrari has a market capitalization of $54.24 billion.
Buying $100 In RACE: If an investor had bought $100 of RACE stock 5 years ago, it would be worth $249.82 today based on a price of $300.24 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.