Top 5 Gas Utility Stocks For 2015: Toll Brothers Inc.(TOL)
Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for single-family detached and attached homes in luxury residential communities. It is also involved in building or converting existing rental apartment buildings into high-, mid-, and low-rise luxury homes. In addition, the company develops, owns, and operates golf courses and country clubs associated with various planned communities, as well as individual communities. It serves move-up, empty-nester, active-adult, age-qualified, and second-home buyers in 19 states in the United States. Toll Brothers, Inc. was founded in 1967 and is headquartered in Horsham, Pennsylvania.
Advisors' Opinion:- [By Melvin Backman]
2. Real estate picks up: The National Association of Realtors released data Monday showing that pace of May existing home sales rose to 4.89 million a year, which is above the market's expectations for an annual rate of 4.73 million. Homebuilder stocks like Toll Brothers, (TOL) PulteGroup (PHM) and Lennar (LEN) and all positive.
- [By Susan J. Aluise]
A rebounding construction market drove rival Toll Brothers (TOL), which reported earnings last Wednesday, to double its quarterly profit. The same trends should positively impact LEN stock, but with a bonus: Last year, LEN revealed it was allocating $1 billion to building apartments in high-growth — and high rent — areas. Many of the new communities offer luxury amenities such as stainless steel appliances, granite countertops and resort-style pools and fitness centers – directly catering to the new generation of renters.
- [By Melvin Backman]
Homebuilder stocks picking up: Toll Brothers (TOL) reported surprisingly strong earnings before the open, bouncing back from a disappointing start to the ye! ar because of the winter weather. Revenue was closer in line with expectations. It was one of the few stocks enjoying a bounce with shares up over 2%.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-gas-utility-stocks-for-2015.html
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