Ferrari (NYSE:RACE) has outperformed the market over the past 5 years by 8.51% on an annualized basis producing an average annual return of 21.67%. Currently, Ferrari has a market capitalization of $73.91 billion.
Buying $1000 In RACE: If an investor had bought $1000 of RACE stock 5 years ago, it would be worth $2,688.34 today based on a price of $410.94 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.
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