2024-04-16 02:22:31 ET
Summary
- Toll Brothers Inc. is recommended as a buy due to strong demand for luxury homes and the company's ability to capitalize on this trend.
- The company has shown growth in revenue and net income, with a recent revenue growth of 9.4% driven by a 40% increase in unit orders.
- Despite potential headwinds for margins, price increases and continued share repurchases are expected to support EPS growth.
Overview
Read the full article on Seeking Alpha
For further details see:
Toll Brothers: Well Positioned To Benefit From Current Macro Backdrop