RACE stock: Beaten-Down Blue-Chip Stock Poised for a Strong Rebound. Holding 25 @ 378.10

Hi Folks,

After my Buffet-style [KO post](https://www.reddit.com/r/wallstreetbets/comments/1q7avib/ko_dd_defensive_cashflow_play_in_a_volatile_market/) got so much love, here is my quick take on RACE stock – it's been hammered lately, but it's not like the company's tanking or anything.

Degenerates, quick Ferrari (RACE) scoop – it's taken a hit, but not crumbling.

My bag: 25 shares at 378.10 (flat-ish, small loss).

Why dumped? No fraud or demand crash.

* Conservative guidance
* EV plans not hype-level aggressive (Tesla is becoming more of an AI/Robotics/Energy company than Automobile company - so not a compitition for Ferrari)
* EV disruption is bullshit. ICE are going to stay atlease for the next 2 decades ("Drill-Baby-Drill" says Trump LOL)
* Analysts mad growth's steady, not exploding
* Valuation-wise it's not like the Tech giants (sligtly higher PE but still far better than the Tech stocks)

Market overreacted, crushed the premium.

What's intact?

* Sells out everything
* Orders years deep (ultrawealthy people are still ready to wait for years to get their fav model)
* Rich folks ignore econ noise (they don't give a fuck about the slowing job market or recession)
* Margins fat and rising
* Buybacks ongoing

Buyers crave engine roar, not silence. Hybrids cool if Ferrari-style. Slow EV push saves the brand.

Valuation: Not a bargain, but...

* Hype multiple slashed
* More like wheeled Hermes now

Buy? Traders: No instant moon, might drift.

Investors: Good hold/add zone. Keeping mine, snag more on bigger dip.

Ferrari grinds wins, stays boss. VROOM, VROOM....

position attached

https://preview.redd.it/hg5tzb7tnqcg1.jpg?width=720&format=pjpg&auto=webp&s=0e0a73214844f8151efd3d8a779ce116d9543502