Ferrari
The supercar maker. Tiny production volumes + insane pricing power = a luxury business not really a carmaker.
Returns shown in USD. Past performance is not a reliable guide to future results. Owning a single stock is riskier than a diversified fund.
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Available on Interactive Brokers
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Frequently asked questions
Can I buy RACE on Interactive Brokers?
Yes. Ferrari (RACE) is a Italy company available to investors worldwide through Interactive Brokers (IBKR), which is a popular low-cost way to buy overseas shares thanks to its low FX conversion cost and low trading commissions.
What does Ferrari do?
The supercar maker. Tiny production volumes + insane pricing power = a luxury business not really a carmaker.
What currency does RACE trade in?
RACE trades in USD. On TickerCompare its chart and returns are converted to US dollars so you can compare it on the same basis as every other stock and ETF on the site.
Is RACE a risky investment?
Owning a single company like Ferrari is riskier than owning a diversified fund: if this one business stumbles there is nothing else in the holding to cushion it, and single stocks can swing far more than a broad ETF. Most beginners keep individual names to a small slice of a mostly fund-based portfolio.