October 8, 2020

On Thursday, the S&P 500 was up 0.8% and Toronto was up 0.65%.

Toll Brothers was up 3.8% to $49.23. It’s very close to a 52 week high. It got over $50 in February. But it was also over $50 in late 2017. Before that it had an all-time high of something over $55 in a “needle peak” reached in the Summer of 2005 back at the height of a U.S. housing boom prior to the financial crisis. It’s been a bumpy ride. Book value per share today is about double what it was back at that 2005 peak.

Alcanna was up 5.1% to $4.97 and is also approximately at a 52 week high. This has been  a  bumpy and mostly downward ride since it peaked over $25 around the end of 2007.  But it is doing better now and seems to have potential.

 

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