Toll Brothers: Well Positioned To Benefit From Current Macro Backdrop
Toll Brothers(TOL) Seeking Alpha·2024-04-16 06:22
The Good BrigadeOverview My recommendation for Toll Brothers, Inc. (NYSE:TOL) is a buy rating, as I expect the business to continue benefiting from the current macro backdrop, and the recent commentary about strong demand going into February 2024 is a good sign of this. Management has also shown their capability to position the business to take advantage of the macrotrend, something that I look forward to seeing them continue, which will give them more cash to support share repurchases. Business TOL bui ...