Toll Brothers Has Upside After A Strong Q2

Group 1 - Shares of Toll Brothers (NYSE: TOL) have declined approximately 20% over the past year due to elevated mortgage rates impacting housing market activity [1] - The current market conditions have reduced expectations for homebuilders, reflecting a challenging environment for the industry [1] Group 2 - The article emphasizes the importance of a contrarian investment approach based on macro views and stock-specific turnaround stories to achieve favorable risk/reward profiles [1]