5 Reasons To Add Toll Brothers (TOL) To Your Portfolio Now
Zacks Investment Research | May 16, 2017 10:20PM ET
Despite worries of increasing chances of a series of interest rate hikes by the Federal Reserve, optimism surrounding the housing market remains largely intact.
The U.S. housing market is gradually strengthening and investors can also take advantage of near-term opportunities and cash in on any sudden surge in the homebuilding sector.
One of the major homebuilders in the run is Toll Brothers, Inc. (NYSE:TOL) . The company has exhibited considerable strength in a number of areas and makes for an attractive investment. This homebuilder engages in building single-family detached and attached home communities; master planned luxury residential resort-style golf communities; and urban low, mid, and high-rise communities principally on the land it develops and improves.
What’s Working in Favor of the Stock?
Share Price Movement: Shares of Toll Brothers gained 40.6% in the last year, outperforming 17.3% growth of the S&P 500 index as well as the 27.8% rise of the Zacks categorized Zacks Investment Research
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