Toll Brothers: Demographic Demand, Spec Home Strategy, And Land Control Supporting Growth
Toll Brothers(TOL) Seeking Alpha·2024-08-26 16:55
Robert Daly/OJO Images via Getty Images Synopsis Toll Brothers (NYSE:TOL) designs, constructs, and markets luxury residential homes. TOL is well positioned to capitalize on the strong housing demand that is driven mainly by an undersupply of housing and a favourable demographic. Its strategic initiatives to focus on spec homes enable it to meet the demand of buyers who are looking for quick move-in options. In addition, TOL is well disciplined in its land acquisition approach, as it applies strict bench ...