Purchase Details

Company: Ferrari
Ticker:RACE
Yahoo Beta:1.40
Industry:Auto manufacturers

Company Description:  Ferrari is an Italian company that designs, produces, and sells high performance luxury automobiles.

Purchase Date:12 Apr 2018
Purchase Price:$121.75
  --Split Adjusted:$121.75
Shares Purchased:41
  --Split Adjusted:41
Transaction Fee:$6.95
Price Range (6 Months Prior):    
High$129.71
Date16 Feb 2018
Low$104.17
Date05 Dec 2017
S&P (Purchase Date):$2,663.90

Timing:  We bought above the midpoint of the six month range.
Reason:  Ferrari is producing a new SUV. Demand has been strong and the vehicle has been released early. The company is offering a new product line that will increase the luxury equipment options for Ferrari's new products, which will help Ferrari further increase its prices and improve its gross profit margin.

Total Spent:   $4,998.70