EXXRF - Ferrari: A Perennial Compounder Racing On The Fast Lane
- Ferrari has successfully built the world’s strongest luxury and premium brand. Brand, pricing power, and rising economies of scale give it a durable competitive advantage.
- Its extremely-profitable growth track record through sunny and rainy conditions confirms Ferrari to be a perennial compounder for GARP investors.
- My valuation suggests Ferrari shares currently trade at a 30% discount to the value of the growing franchise. I like the stock for its high-visibility, high-quality, and low-risk growth.
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Ferrari: A Perennial Compounder Racing On The Fast Lane