Jim Cramer on Ferrari N.V.: “This Was a Very Hot Stock, and Somehow It Lost Its Mojo”

What: Jim Cramer expressed disappointment in Ferrari N.V.'s recent performance, stating it lost its momentum.
Why: Cramer believes Ferrari's stock price has been impacted by a decline in luxury goods demand.
Signal: Ferrari's stock price has dropped **-15%** in the past three months.
Target: Cramer sees potential for Ferrari's stock to rebound, but did not specify a target price.
Risk: Investors may face risks associated with Ferrari's exposure to global economic downturns.