Homebuilding Stock Could Keep Climbing Higher
TOLToll Brothers(TOL) Schaeffers Investment Research·2024-10-26 02:45

Homebuilding stock Toll Brothers (NYSE:TOL) has newfound support at its 20-day moving average, after catching up and clearing a one-month range last week between $155-$156. Plus, shares are now breaking above its +50% year-to-date mark.It's also worth noting that two key contrarian signals are flashing, with options traders and analysts both more bearish despite the homebuilding sector’s outperformance.Specifically, seven of 19 analysts in coverage rate Toll Brothers stock a “hold” or worse. Plus, its 10-da ...