Here's Why Investors Should Retain Toll Brothers (TOL) Stock
Toll Brothers(TOL) ZACKS·2024-06-12 00:00
Toll Brothers, Inc. (TOL) is benefiting from strong demand for new homes, driven by a resilient economy and a significant housing supply shortage. Also, the emphasis on affordable luxury communities, build-to-order model and land acquisition strategies bode well.This Zacks Rank #3 (Hold) company’s shares have surged 55.5% in the past year compared with the Zacks Building Products - Home Builders industry’s 33.9% growth. However, high mortgage rates and higher land and labor costs are a concern.The company’s ...