ALSN vs. RACE: Which Stock Is the Better Value Option?
Ferrari has temporarily stopped taking orders for its Purosangue SUV as high demand has sent waiting lists for some customers to around two years, Chief Marketing and Commercial Officer Enrica Galliera told the drive.com.au website. Ferrari unveiled in September the petrol-powered 12-cylinder Purosangue, which the Italian sports car maker prefers to describe as a four-door, four-seater. "We made a decision that we thought was consistent with the positioning of Ferrari and the model," he added.
The automotive industry is likely the last place you'd look for recession-proof stocks -- but this one is incredibly unique, and investors should take notice.