The "Chart of the Day" is Toll Brothers (TOL), which showed up on
Wednesday's "52-Week High" list. Toll Brothers on Wednesday
posted a new 7-year high and closed +2.07%. TrendSpotter has been long
since Jan 3 at $33.39. In recent news on the stock, Bank of
America/Merrill on Jan 10 reinstated research coverage on Toll Brothers
with a Buy and a target of $42. Toll Brothers CEO told Bloomberg in an
interview on Jan 23 that Toll Brothers is planning to expand into
"high-end" college dorms. Toll Brothers, with a market cap of $6
billion, designs, builds, markets and arranges financing for
single-family detached and attached homes in middle and high income
residential communities in thirteen states and five regions around the
country.
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