Toll Brothers saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 92 the day before. The companies industry group is in the top 2o, at number 13 of 197.
The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. Winning stocks often have a 95 or higher score in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.
Toll Brothers is not currently near a proper entry. The stock as started a slight uptrend, having cleared key moving averages. With interest rates stabilizing, maybe housing will make a comeback. See if the stock goes on to form a new chart pattern and offer a new buying opportunity.
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The stock sports a 94 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 94% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.
Latest Earnings
The company posted an 86% earnings gain for Q4. Sales growth increased 22%, up from 11% in the prior quarter. That marks one quarter of accelerating revenue gains.
Toll Brothers holds the No. 12 rank among its peers in the Building-Residential/Commercial industry group. Green Brick Partners, KB Home and Meritage Homes are among the top 5 highly-rated stocks within the group.
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