"Bob Toll just bought 200,000
shares of his company; he put a
big bet down on the
homebuilders. I think the
homebuilders are the place to be
when the Fed is done tightening.
Maybe not today. Maybe not
tomorrow, but someday soon.
Analysts are already pricing
higher rates into Toll Brothers'
estimates.
Bob Toll has been brilliant at
buying and selling his own
stock. He sells strength
and buys weakness. Do you
know that this is the first
trading activity Bob Toll has
had in his own stock, since he
sold off a bunch of it, when it
was 40% higher.
I think TOL is cheap at these
levels. Any decision by
the Fed, to stop raising rates,
could cause a huge bounce in the
United States homebuilding
industry, of which TOL is
certainly a huge part of.
The bottom line!:
Do like Bob Toll and buy TOL!"