The Toro Company’s (NYSE: TTC) weekly stock chart suggests its bear market is over, a baby bull market has formed, and it’s gaining traction. Not only is the market showing clear support at long-term lows, aligning with prior price action, but support appears to be strengthening; the indications are strong, and a breakout is imminent. The breakout is the critical factor, signalling market commitment and a trigger point for investors, likely to spur an influx of new capital.
The fundamentals are also critical factors for this industrial stock. A bullish-looking chart without a bullish story is nothing more than a bear market setting itself up for another run lower. In this case, while The Toro Company continues to face hurdles, it is navigating them well, widening margins, and is on track to resume growth in 2026.
