Booyah Jim: I'm interested in Toll Brothers as both an investor and a homebuyer. TOL's unwillingness to lower home prices flies in the face of local market conditions and has been very frustrating for me in what is supposed to be a buyer's market. I can see they're looking long-term, but at some point, they've got to sell some houses. How should I view TOL's position as an investor? --Andrew
Cramer says: “…Toll Brothers’ homes have come down a great deal. Now maybe they haven’t come down enough to intrigue you, but there has definitely been a decline…Toll at $20 does not intrigue me. Toll at $18 is good…”
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