Ferrari Stock Is As Expensive As The Car (NYSE:RACE)
Ferrari (RACE) is trading very expensive at a 2023 P/E > x30 and EV/Revenue x7, with potential downside. See why I rate Ferrari stock as a Sell.
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Ferrari (RACE) is trading very expensive at a 2023 P/E > x30 and EV/Revenue x7, with potential downside. See why I rate Ferrari stock as a Sell.
The S&P 500 is down about 20% YTD. Market has not priced any considerable EPS slowdown. Check out why I see the S&P fairly valued at about 3,200.
How can you financially prepare for a recession? Read why panic selling is not a great idea, and it may be wise to rebalance with stocks resilient to economic decline.
Equity flows are not at capitulation levels and his stance is still sell any rips.
Currently, everybody is bearish. Not just in terms of investor sentiment but also in positioning. Click here to read more.