You got to be kidding. You think Toll Brothers goes up because of minimum wage. Get Real. This stock goes up because of the way out of whack in the income distributions. This stock will continue to go up because the wealthy will continue to get more wealthy. The average Toll Brothers house was over $750,000.
So moderate your 'woah" about the economy but the plain fact is this stock more gains ahead of it. High priced homes are on a roll and will continue. The client of Toll Brothers are more influential and many of these homes are secondary homes is retirement areas.
As of Dec 31 2014 only 20 million is cash. And listed Inventory as an asset worth 314 million that is now suspect. They have one aspect of their name correct that being liquidators. They lawsuits that are coming the lost business and the cash flow needed to keep this company going will be wiped out very soon. This company will be have their lawyers filing for bankruptcy this year. This is a strong sell.
From corporations and private investors. Their legal problems will be immense. To think these will go away as a special situation investment is years away. No one know right now what the final legal liability in financial amounts will cause the company pain in the near future.
No one on this board remembers that the high was 109.50 in March of 2000 that this QQQ actually has a 0% return over 15 years. And that this stock market has went up on free money and bailouts. No the pundits say it is different this time and that this stock market is far from over and are looking for it to double over the next several years because this time it is different. That the economy is strong and the value of the dollar will draw all money in to this stock market and our debt level can be handled when job growth in high paying jobs are increasing everyday. It's all good...lol