Jim Cramer on Toll Brothers: “That’s Exactly What You Buy Here”

“Oh, you’re truthful right. Look, that’s precisely what you bargain here. I deliberation Toll is doing phenomenally. You know, look, the lone happening that was atrocious was that helium said, look, if rates don’t travel down, we’re not going to person bully numbers. Well, conjecture what? Rates are coming down. I wholly hold with Robert (the caller).”

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Toll Brothers, Inc. (NYSE:TOL) builds luxury homes and communities, including single-family houses, condos, and apartments, often with respective amenities. During the December 10 episode, Cramer discussed the banal successful airy of the Fed complaint cut, arsenic helium remarked:

“Let maine archer you the 3 things that truly bash matter. One, the Fed is our friend, not our enemy. Two, the bulls aren’t warring the tape. And three, longer-term rates fell successful effect to the complaint cut. It’s a trifecta that allows the banal marketplace to roar. What bash you bash successful this situation? Well, you bargain stocks that bash amended erstwhile rates are lower, adjacent a 4th constituent lower. That means you bargain the location builders and you bargain the retailers that are connected to the location builders. You spell with the ones that we’ve precocious heard from. That means you bargain Toll Brothers, which conscionable reported a terrific quarter, but the forecast wasn’t arsenic positive. That means, well, the communicative could change, right?… They disquieted astir a antagonistic future, well, possibly it’s a small much positive.”

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