In 2017, Tesla launched its first EV to be priced under $50,000: the Model 3. This achievement was nearly 15 years in the making, requiring billions of dollars of investment. Three years later, it debuted another affordable vehicle: the Model Y. Today, more than 90% of the company's vehicle sales stem from these two models. Ferrari N.V. (NYSE: RACE ) is one of the most profitable consumer stocks to buy now . RBC Capital Markets analyst Tom Narayan raised his price target on Ferrari N.V. (NYSE:RACE) to $581.42 from $569.79 while reiterating a Buy rating on the stock, citing strong brand strength and continued demand resilience in the luxury auto segment. The revision, though modest, reflects confidence in Ferrari’s positioning as a premium automaker with pricing power and a loyal global customer base. Race stock price registered a steady climb to $14.88 amid broader equity market gains. Analysts say the stock benefits from a favourable sector rotation toward consumer-centric businesses. MACD readings suggest building bullish momentum for the next short-term cycle.