Unlike its many contemporaries that operate multiple factories around the world to produce thousands of vehicles, Ferrari N.V. ( $Ferrari NV(RACE)$), once designated a "small volume manufacturer" (or SVM) by the U.S. Environment Protection Agency (EPA), has operated out of one factory in Italy to produce a little over 10,000 vehicles every year that more-or-less objectively can simply be described as "beautiful", with the cheapest model retailing for a little under a quarter of a million dollars. As trends go, the cheeky ticker "RACE" is entirely apropos for the Dancing Horse. Trend Studies For the most part, Ferraris across prime regions have been largely stable with one notable exception - Mainland China, Hong Kong and Taiwan, wherein sale
Which stock to add amid pullback this week?
The US stock market has rose for 4 consecutive weeks and is entering deep overbought territory. It's expected the market will pull back this week. ---------------- Which stock would you add to your portfolio if the market pulls back? At what price would you buy them?
