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Toll Brothers: Institutional Demand is Pushing the Stock Higher

By:
Lucas Downey
Published: Dec 7, 2023, 13:02 UTC

Toll Brothers, Inc. (TOL) shares keep climbing, up 78% in 2023, leaving the crowd speechless. One chart reveals how the rally has been in place all year.

Wall Street, FX Empire

In this article:

Toll Brothers Shares See Constant Big Money Buying

Want an edge in investing? Follow the Big Money.

Volumes precede price. And when it comes to top-ranking stocks, institutional investors can send stocks soaring.

Fund managers are always on the lookout for the next outlier stocks…the best in class. They spend countless hours sizing up industries, reading reports, speaking to analysts…and more. When they find a company firing on all cylinders, they pounce in a big way.

The 1-year action tells the story. Each green bar signals unusual increasing volumes in TOL shares, pushing the stock higher. We believe this to be institutional demand:

Source: www.mapsignals.com

Few stocks have charts this strong. Recent green bars suggest healthy demand. Now, let’s check the fundamental story.

Toll Brothers Fundamental Analysis

Institutional support coupled with a healthy fundamental backdrop makes this company interesting. As you can see, TOL has had positive sales & earnings growth in recent years:

  • 3-year sales growth rate (+12.8%)
  • 3-year EPS growth rate (+57.6%)

Source: FactSet

Now it makes sense why the stock has been powering higher.

Marrying great fundamentals with our proprietary Big Money software has found some big winning stocks over the long-term.

Check this out. Toll Brothers has been a top-rated stock at MAPsignals. That means the stock has had buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report a few times. The blue bars below shows when TOL was a top pick:

Source: www.mapsignals.com

Tracking unusual volumes reveals the power of the MAPsignals process. It’s a great research compliment for professionals and those serious about investing.

Don’t fight the Big Money!

Toll Brothers Price Prediction

The TOL rally has been in place all year. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in TOL at the time of publication.

If you want to take your investing to the next level, learn more about the MAPsignals process here.

Follow our free insights here.

About the Author

Lucas Downeycontributor

Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.

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