Toll Brothers Is Building Again
By Jim Van Meerten: With housing starts up it's time to look at Toll Brothers (TOL) again. Right now new orders are up 9% over last year and Toll Brothers have their eye on the high end market averaging almost $600K per house. The stock is doing very well this past month as this hourly trading chart provided by Barchart shows:
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In the past 6 months Toll Brothers has outstripped the market as measured by the Value Line Index which is up 17% while TOL is up 37% during the same period:
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Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets and arranges finance for single-family detached and attached homes in luxury residential communities. It is also involved in building or converting existing rental apartment buildings into high-, mid-, and low-rise luxury homes. In addition, the company develops, owns, and operates golf courses and country clubs associatedComplete Story »
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