How to trade this stock
Ever wondered if you could invest in Ferrari’s stocks? The answer is a definite yes. This Italian-based luxury brand went public on October 2015 and its growth is predicted to continue based on the analysis of market experts which is why it is recommended that you seize the opportunity and find a broker that can give you the most optimal trading conditions. Currently, here are the top rated online brokerage firms to trade Ferrari’s stocks:
Brokers that offer Ferrari stock trading
68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
All of the above brokers have been fully tested by our financial experts and are also the top picks of our loyal subscribers. Our evaluations have been done objectively to give you unbiased results and factual information that you can use to your benefit.
Ferrari NV, also known as New Business Netherlands NV, has been in business since 1947. This Italian-based company which has been incorporated in the Netherlands, designs, manufactures and sells luxury performance sports cars. Some of their popular car models include the 458 Italia, 488 GTB, 458 Spider, 488 Spider, 458 Speciale, 458 Speciale and F12 Berlinetta. They also have limited edition models like the LaFerrari and Fuoriserie. Additionally, the company also licenses the Ferrari brand to various luxury producers and retailers and also operates the Ferrari World theme park in Abu Dhabi.
Why trade this stock
Ferrari is a leading luxury brand and is one of the most recognizable luxury performance sports cars in the world. The company has already planned to boost its production to 9,000 vehicles by 2019 so there is conclusive growth in the coming years and it would be prudent to take this opportunity to make a profit via stock trading. Using the proper tools and implementing technical analysis can help you make more concrete market predictions based on factual data, this has been proven in many cases. In this way you will be able to fully understand the market reaction on certain scenarios and by choosing a reliable broker, you can increase your chances of landing successful and profitable trades.