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Ferrari Video

We’re starting to get excited about owning shares of Ferrari (RACE) in a few short weeks. Ahead of the anticipated spin-off of shares from Fiat-Chrysler (FCAU) we talked with Yahoo! Finance’s Nicole Sinclair about the incredibly unique dynamics of Ferrari’s business.

So as not to front-run the company’s guidance, we stayed a bit too tight-lipped about the operating income potential, but as we’ve highlighted in previous posts, we think operating income will be more than doubling in the near future.

You can read the full article here. 

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Disclaimer:

This article has been distributed for informational purposes only. Neither the information nor any opinions expressed constitute a recommendation to buy or sell the securities or assets mentioned, or to invest in any investment product or strategy related to such securities or assets. It is not intended to provide personal investment advice, and it does not take into account the specific investment objectives, financial situation or particular needs of any person or entity that may receive this article. Persons reading this article should seek professional financial advice regarding the appropriateness of investing in any securities or assets discussed in this article. The author’s opinions are subject to change without notice. Forecasts, estimates, and certain information contained herein are based upon proprietary research, and the information used in such process was obtained from publicly available sources. Information contained herein has been obtained from sources believed to be reliable, but such reliability is not guaranteed. Investment accounts managed by GreenWood Investors LLC and its affiliates may have a position in the securities or assets discussed in this article. GreenWood Investors LLC may re-evaluate its holdings in such positions and sell or cover certain positions without notice. No part of this article may be reproduced in any form, or referred to in any other publication, without express written permission of GreenWood Investors LLC.

Past performance is no guarantee of future results.

 

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