Toll Brothers Stock (NYSE:TOL): This One Metric Reveals Trouble Ahead
If homebuilder Toll Brothers (NYSE: TOL) had the opportunity, it probably would like to turn the calendar back to 2021. At that time, many real estate experts suggested that, if possible, prospective homebuyers should pull the trigger since inflation will continue rising. Recently, though, the Federal Reserve poured cold water on that thesis, suggesting the opposite framework will be true. Now, an inventory metric is revealing that things may not be great, going forward. Therefore, I am bearish on TOL stock.
Toll Brothers Stock (NYSE:TOL): This One Metric Reveals Trouble Ahead
If homebuilder Toll Brothers (NYSE: TOL) had the opportunity, it probably would like to turn the calendar back to 2021. At that time, many real estate experts suggested that, if possible, prospective homebuyers should pull the trigger since inflation will continue rising. Recently, though, the Federal Reserve poured cold water on that thesis, suggesting the opposite framework will be true. Now, an inventory metric is revealing that things may not be great, going forward. Therefore, I am bearish on TOL stock.