Toll Brothers updated March 2, 2018

Toll Brothers is updated and rated (higher) Buy at $43.91. The last update was on October 9, 2017 at $42.81. After that it went as high as about $52 before sliding back after the middle of January. I had reported trimming my position somewhat but I still thought it represented reasonable value at $52.

The earnings on this company have marched rather steadily higher since 2011. But the stock price has been somewhat volatile. The dips can be hard to take but they do provide buying opportunities. I would describe the Q1 earnings report released February 27th as very strong indeed. Yet the market found reasons to push the stock down. This should be a good investment at the current price.

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