Toll Brothers (TOL) Soars 3.6%: Is Further Upside Left in the Stock?

Toll Brothers (TOL) shares soared 3.6% in the last trading session to close at $139.91. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.8% gain over the past four weeks.Shares of this American homebuilding company have gained on the back of the optimism surrounding the housing market. Despite the constrictions from the rising mortgage rates, the recent new home sales data showcased solid demand trends for single-family housing, ...