Toll Brothers: Cautiously Optimistic After The Post-Earnings Drop

Toll Brothers: Cautiously Optimistic After The Post-Earnings Drop
Toll Brothers declined more than 14% after reporting slower than expected earnings. The company saw strong new orders growth and expects a stronger housing market going forward. While the market is currently very hostile, I expect the stock to bottom around current prices. Toll Brothers (TOL) is one of my favorite homebuilding stocks.
News story posted on 2020-03-02T02:12:00.0000000Z