
Shares of Toll Brothers Inc. (NYSE: TOL) are down more than 5.5% the day after the company delivered its fourth quarter and full-year 2024 earnings report. This was a strong report by nearly every measure. However, the company is entering into what is typically its lightest quarter in terms of revenue.
If the past is any guide, the company’s stock may trade sideways for a few months. Still, history also suggests that patient investors might view this as a good opportunity to buy the dip.