{"id":13012,"date":"2023-08-28T17:00:31","date_gmt":"2023-08-28T21:00:31","guid":{"rendered":"https:\/\/mtatradeoftheday.com\/?p=13012"},"modified":"2023-08-28T16:35:20","modified_gmt":"2023-08-28T20:35:20","slug":"guess-whos-buying-ferraris","status":"publish","type":"post","link":"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/","title":{"rendered":"Guess Who\u2019s Buying Ferraris?"},"content":{"rendered":"<p>I just came across a statistic that I found rather eyebrow-raising…<\/p>\n<p>So I thought I’d pass it along to you today.<\/p>\n<p>It’s about <strong>Ferrari<\/strong> (RACE) – the Italian maker of luxury performance super-cars.<\/p>\n<p>I’ll share the statistic below, but before I do, let me give you some background info on the business…<\/p>\n<p>As I’m sure you know, Ferrari’s pricing power is like no other carmaker’s.<\/p>\n<p>The cheapest Ferrari is the stunningly beautiful Roma GT.<\/p>\n<p>It’ll cost you $222,620.<\/p>\n<p>From there, the prices only go up.\n<\/p>\n<ul style=\"padding: 0; margin: 0px 0px 0px 40px;\">\n<li style=\"margin: 21px 0px 5px 0px;\">Ferrari 296 GTB retail price: <strong>$338,255<\/strong><\/li>\n<li style=\"margin: 0px 0px 5px 0px;\">Ferrari 296 GTS retail price: <strong>$371,139<\/strong><\/li>\n<li style=\"margin: 0px 0px 5px 0px;\">Ferrari Purosangue retail price: <strong>$398,350<\/strong><\/li>\n<li style=\"margin: 0px 0px 21px 0px;\">Ferrari 812 GTS retail price: <strong>$429,815<\/strong><\/li>\n<\/ul>\n<p>The reason Ferrari can demand such monstrous sticker prices is its stringent exclusivity.<\/p>\n<p>In other words, even if you can easily <em>afford<\/em> a Ferrari, it’s still not easy to purchase one.<\/p>\n<p>You see, to ensure that demand always exceeds supply, Ferrari limits its sales – in fact, it sold only 13,221 vehicles in 2022.<\/p>\n<p>That low volume makes RACE noticeably different from most other car manufacturers.<\/p>\n<p>It means Ferrari can operate with a substantially smaller footprint than its rivals.<\/p>\n<p>Also, thanks to the company’s lucrative sales margins, it has no need to ramp up production to meet demand.<\/p>\n<p>Those sales margins have led to consistent growth for the share price:<\/p>\n<p><a href=\"https:\/\/s3.amazonaws.com\/assets.monumenttradersalliance.com\/emails\/images\/20230828_TD_Ferrari.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"size-medium wp-image-23634 cc_pointer aligncenter\" src=\"https:\/\/s3.amazonaws.com\/assets.monumenttradersalliance.com\/emails\/images\/20230828_TD_Ferrari.jpg\" alt='Ferrari is a Master of Growth' width=\"550\" \/><\/a><\/p>\n<p>So, with that in mind…<\/p>\n<p>Let’s circle back to the eyebrow-raising statistic that I referenced at the top of this article.<\/p>\n<p>With Ferraris having such a huge price tag and such limited availability, you have to wonder…<\/p>\n<p>Who is actually buying them?<\/p>\n<p>Well, according to Ferrari CEO Benedetto Vigna, <strong>nearly a third of new buyers are under the age of 40<\/strong>.<\/p>\n<p><em>That blew me away. <\/em><\/p>\n<p>Despite the waiting lists for some Ferrari models stretching to three years or more, Vigna told CNBC that the company has no plans to supercharge production, saying, “<em>We are a brand that is not looking for volume.<\/em>“<\/p>\n<p style=\"margin-top: 20px;\"><img decoding=\"async\" style=\"width: 31px; max-width: 90%; display: block; margin: 0 5px 0 0;\" src=\"https:\/\/s3.amazonaws.com\/assets.oxfordclub.com\/emails\/images\/TD_EDS_Daily_Icon-62.png\" alt=\"Logo\" width=\"31\" height=\"auto\" align=\"left\" \/><\/p>\n<h2 style=\"color: #1169B7; font-size: 18px; line-height: 26px; margin-top: 20px; margin-bottom: 20px;\"><strong>YOUR ACTION PLAN<\/strong><\/h2>\n<p>The big takeaway? If <strong>Ferrari<\/strong> (NYSE: RACE) is now attracting the young and rich crowd, it could be set up for a lifetime relationship with one of the most important demographics in the entire world.<\/p>\n<p>As a result, inside <strong><a href=\"https:\/\/pro.monumenttradersalliance.com\/m\/2225437\" data-url=\"https:\/\/pro.monumenttradersalliance.com\/m\/2225437\" target=\"_blank\" rel=\"noopener noreferrer\">The War Room<\/a><\/strong>, I’ll now be looking closer at the RACE chart for trading opportunities.<\/p>\n<p><a href=\"https:\/\/pro.monumenttradersalliance.com\/m\/2225437\" data-url=\"https:\/\/pro.monumenttradersalliance.com\/m\/2225437\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to trade along with me.<\/a><\/p>\n<hr>\n<table style=\"max-width: 50% !important; mso-table-rspace: 6pt; border-collapse: collapse; border: 1px solid #FFFFFF; margin: 0 5px 15px 0;\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td style=\"padding: 0;\" align=\"left\" valign=\"top\" width=\"auto\"><img decoding=\"async\" style=\"width: 25px; max-width: 90%; display: block; margin: 0 5px 0 0;\" src=\"https:\/\/s3.amazonaws.com\/assets.oxfordclub.com\/emails\/images\/TD_Icon_Monday_Chart.png\" alt=\"Chart\" width=\"25\" height=\"auto\" align=\"left\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"color: #56B10B; margin-bottom: 20px;\"><strong>MONDAY MARKET MINUTE<\/strong><\/p>\n<ul style=\"padding: 0; margin: 0px 0px 0px 40px;\">\n<li style=\"margin: 0px 0px 21px 0px;\"><strong>A Healthy Way to Invest in Healthcare.<\/strong> The<strong> Health Care Select Sector SPDR Fund <\/strong>(XLV) could be a great way to trade the entire healthcare sector, as it holds positions in UNH, JNJ, LLY, MRK, ABBV and others. Support at $133 could trigger a bounce. <em>Tracking.<\/em><\/li>\n<li style=\"margin: 0px 0px 21px 0px;\"><strong>Climate Woes Weigh on U.S.<\/strong> Extreme heat and the presence of two more tropical storms near the Florida coast mean that <strong>Generac Holdings<\/strong> (GNRC) will remain “in play.” Chart-wise, it sure looks like the bulls are building a base to rally off of – so we’ll see if we can catch an upside bounce this week. <\/li>\n<li style=\"margin: 0px 0px 21px 0px;\"><strong>3M Looking Attractive.<\/strong> As noted in the<em> Wake-Up Watchlist<\/em> this morning, <strong>3M<\/strong> (MMM) now has a second massive settlement in the works, which could make it an interesting long-term play. These settlements have big top-line numbers, but keep in mind that they’ll be paid out over time and not in lump sums. <\/li>\n<li style=\"margin: 0px 0px 21px 0px;\"><strong>United Auto Workers Union Approves Potential Strike at Ford.<\/strong> If the autoworkers do end up going on strike, expect a pop in used car prices (which have been falling) and in used-car retailers.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/pro.monumenttradersalliance.com\/m\/2225541\" data-url=\"https:\/\/pro.monumenttradersalliance.com\/m\/2225541\" target=\"_blank\" rel=\"noopener noreferrer\">If you want to trade these tickers alongside us, click here to enter The War Room.<\/a><\/p>\n<hr>\n","protected":false},"excerpt":{"rendered":"<p>Hint: It\u2019s not your father or grandfather.<\/p>\n","protected":false},"author":2,"featured_media":13013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1038],"tags":[437,1530,2029,2030,184,2028],"mobile_app_tag":[1649],"class_list":["post-13012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-of-the-day","tag-abbv","tag-gnrc","tag-jnj","tag-lly","tag-race","tag-unh","mobile_app_tag-active-trading"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.2.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Guess Who\u2019s Buying Ferraris? - Trade of the Day<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Guess Who\u2019s Buying Ferraris?\" \/>\n<meta property=\"og:description\" content=\"Hint: It\u2019s not your father or grandfather.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade of the Day\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-28T21:00:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-28T20:35:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/08\/20230828_TD_Ferrari_Logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bryan Bottarelli\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bryan Bottarelli\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/\",\"url\":\"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/\",\"name\":\"Guess Who\u2019s Buying Ferraris? - Trade of the Day\",\"isPartOf\":{\"@id\":\"https:\/\/mtatradeoftheday.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/08\/20230828_TD_Ferrari_Logo.jpg\",\"datePublished\":\"2023-08-28T21:00:31+00:00\",\"dateModified\":\"2023-08-28T20:35:20+00:00\",\"author\":{\"@id\":\"https:\/\/mtatradeoftheday.com\/#\/schema\/person\/18ab07ac5e15e8637da618cf3830bc1f\"},\"breadcrumb\":{\"@id\":\"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/#primaryimage\",\"url\":\"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/08\/20230828_TD_Ferrari_Logo.jpg\",\"contentUrl\":\"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/08\/20230828_TD_Ferrari_Logo.jpg\",\"width\":1000,\"height\":667},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mtatradeoftheday.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Guess Who\u2019s Buying Ferraris?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mtatradeoftheday.com\/#website\",\"url\":\"https:\/\/mtatradeoftheday.com\/\",\"name\":\"Trade of the Day\",\"description\":\"Restoring the Lost Art of Smart Speculation\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mtatradeoftheday.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/mtatradeoftheday.com\/#\/schema\/person\/18ab07ac5e15e8637da618cf3830bc1f\",\"name\":\"Bryan Bottarelli\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mtatradeoftheday.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/02\/bryan-NEW-2022-square-150x150.jpg\",\"contentUrl\":\"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/02\/bryan-NEW-2022-square-150x150.jpg\",\"caption\":\"Bryan Bottarelli\"},\"url\":\"https:\/\/mtatradeoftheday.com\/author\/bbottarelli\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Guess Who\u2019s Buying Ferraris? - Trade of the Day","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/","og_locale":"en_US","og_type":"article","og_title":"Guess Who\u2019s Buying Ferraris?","og_description":"Hint: It\u2019s not your father or grandfather.","og_url":"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/","og_site_name":"Trade of the Day","article_published_time":"2023-08-28T21:00:31+00:00","article_modified_time":"2023-08-28T20:35:20+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/08\/20230828_TD_Ferrari_Logo.jpg","type":"image\/jpeg"}],"author":"Bryan Bottarelli","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bryan Bottarelli"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/","url":"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/","name":"Guess Who\u2019s Buying Ferraris? - Trade of the Day","isPartOf":{"@id":"https:\/\/mtatradeoftheday.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/#primaryimage"},"image":{"@id":"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/#primaryimage"},"thumbnailUrl":"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/08\/20230828_TD_Ferrari_Logo.jpg","datePublished":"2023-08-28T21:00:31+00:00","dateModified":"2023-08-28T20:35:20+00:00","author":{"@id":"https:\/\/mtatradeoftheday.com\/#\/schema\/person\/18ab07ac5e15e8637da618cf3830bc1f"},"breadcrumb":{"@id":"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/#primaryimage","url":"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/08\/20230828_TD_Ferrari_Logo.jpg","contentUrl":"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/08\/20230828_TD_Ferrari_Logo.jpg","width":1000,"height":667},{"@type":"BreadcrumbList","@id":"https:\/\/mtatradeoftheday.com\/guess-whos-buying-ferraris\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mtatradeoftheday.com\/"},{"@type":"ListItem","position":2,"name":"Guess Who\u2019s Buying Ferraris?"}]},{"@type":"WebSite","@id":"https:\/\/mtatradeoftheday.com\/#website","url":"https:\/\/mtatradeoftheday.com\/","name":"Trade of the Day","description":"Restoring the Lost Art of Smart Speculation","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mtatradeoftheday.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/mtatradeoftheday.com\/#\/schema\/person\/18ab07ac5e15e8637da618cf3830bc1f","name":"Bryan Bottarelli","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mtatradeoftheday.com\/#\/schema\/person\/image\/","url":"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/02\/bryan-NEW-2022-square-150x150.jpg","contentUrl":"https:\/\/mtatradeoftheday.com\/wp-content\/uploads\/2023\/02\/bryan-NEW-2022-square-150x150.jpg","caption":"Bryan Bottarelli"},"url":"https:\/\/mtatradeoftheday.com\/author\/bbottarelli\/"}]}},"_links":{"self":[{"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/posts\/13012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/comments?post=13012"}],"version-history":[{"count":3,"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/posts\/13012\/revisions"}],"predecessor-version":[{"id":13016,"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/posts\/13012\/revisions\/13016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/media\/13013"}],"wp:attachment":[{"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/media?parent=13012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/categories?post=13012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/tags?post=13012"},{"taxonomy":"mobile_app_tag","embeddable":true,"href":"https:\/\/mtatradeoftheday.com\/wp-json\/wp\/v2\/mobile_app_tag?post=13012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}