Ferrari (NYSE: RACE)
Ferrari is a leading luxury brand that sells sports cars and promotes racing. Its brand logo, the prancing horse, symbolises exclusivity, innovation, and cutting-edge performance. Ferrari reported a strong set of earnings for 2024 with revenue rising 11.8% year on year to €6.7 billion. Operating profit climbed 16.7% year on year to €1.9 billion while net profit surged 22.5% year on year to €1.5 billion. The business also generated a healthy positive free cash flow of €937.5 million, up 10.6% year on year....Investing in growth stocks is one of the most effective ways to grow your wealth and enjoy a comfortable retirement.
The good news is that the US market offers a plethora of choices when it comes to attractive growth stocks.
As an investor, it’s important for you to assess each business to identify its pros and cons to ensure that you are comfortable investing in it.
We highlight four attractive US growth stocks that should help to accelerate the value of your investment portfolio.
