Ferrari’s (NYSE:RACE) 812 Superfast is the Top of the Range

Ferrari’s (NYSE:RACE) 812 Superfast is the Top of the Range

$RACE

The Ferrari (NYSE:RACE) 812 Superfast is the Top Prancing Horse in the company’s Supercar range.

Succeeding the F12 Berlinetta, it is a 2-seater GT with a front mid-engine layout and rear-wheel drive. It has a 6.5-liter naturally aspirated V12 under the hood that delivers 789 HP (800 PS / 588 kW) and 530 lb-ft (718 Nm) of torque. The 0-62 mph (0-100 km/h) is covered in 2.9 secs, and Tops out at 211 mph (340 km/h).

It is billed as a GT, but the 812 Superfast is really a GT Supercar.

It has the necessities on its side, aided by the advanced aerodynamics, firm suspension and even rear-wheel steering that makes the wheelbase feel shorter than it is. The 7-speed dual-clutch automatic transmission features short and fast gear changes and the very sharp steering contributes to the unique experience driving the car. The safety systems are aboard in case 1 is over enthusiastic and can get a novice out of some very serious situations.

The interior is as driver-focused as the exterior, with everything wrapped in high-quality materials.

The traditional controls are a fingertip away, as most of them can be found on the steering wheel, and even the passenger is included in this magic as they have a secondary screen right in front of them that displays the traveling speed, G-force readout and so on.

The comfort part is not neglected either, as it features cup holders, USB ports and smartphone integration.

The 812 Superfast has a bold name, and is a bold ride that impresses, watch the video and find why and how.

Ferrari is The Aristocrat of the automotive sector.

Enzo Ferrari’s iconic Italian Supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos

HeffX-LTN overall technical outlook for RACE is overall Bullish with a Very Bullish bias, the Key resistance 175.72, and Key support is at 168.59.

Our overall technical outlook is Bullish in here, as all Key indicators are Bullish to Very Bullish as it approaches its all time highs at 179.21 marked on 18 February 2020.

Ferrari (NYSE:RACE) finished Monday at 171.45, +3.24 in NY just 3.8% shy of its all time highs.

The Maranello Outfit’s shares were raised to Buy from Hold at HSBC.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I have called it at it at 200+/share long term, adjusting it to 200/share short term (after the virus) and siding with BAML to 230 long term for now. The stock is now considered defensive in the sector.

Have a healthy day, Keep the Faith!

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.