Thinking of trading FERRARI?
- 1. The success of its different cars makes of this stock one you should include in your portfolio. The demand for the Portofino, a V8-powered convertible introduced in 2018, has been exceptionally high. Ferrari said that strong demand for the Portofino drove a 30.8% increase in sales of 8-cylinder models. Meanwhile, sales of 12-cylinder cars, led by the still-newish-but-somewhat-older 812 Superfast, rose 4.1% in the quarter, and Ferrari hadn't yet begun deliveries of its latest limited-edition models, the Monza SP1 and SP2. 2. Current prices dictate that Ferrari is valued at about 28 times earnings, that's a lot more than it's immediate competition on the stock market. Other big car makers are often hovering around 10 times earnings when the economy is strong.
Trading CFDs involves significant risk of loss
How would you like to trade FERRARI?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade FERRARI with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. Deliveries in China, Taiwan, and Hong Kong jumped a combined 79%, to 328, as Ferrari pushed to fill open orders in China ahead of new emissions regulations. Investors should note that this may have the effect of "pulling ahead" demand, meaning that deliveries may slump a bit in the next couple of quarters. 2. Ferrari shipped more cars, but its profitability slipped slightly as its adjusted EBIT margin fell slightly.
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