Here’s Why Jim Cramer Is Sad About Toll Brothers (TOL)

We recently published Jim Cramer Took A Side On Biggest AI Debate & Discussed These 13 Stocks. Toll Brothers, Inc. (NYSE:TOL) is one of the stocks discussed by Jim Cramer.

Homebuilder Toll Brothers, Inc. (NYSE:TOL)’s shares are up by 29.7% over the past year and flat year-to-date. They closed a strong 9.8% higher on May 20th as the firm reported its fiscal second quarter earnings on May 19th. A month back, Truist had discussed Toll Brothers, Inc. (NYSE:TOL)’s stock on April 16th. It cut the share price target to $170 fro $190 and kept a Buy rating on the stock. As part of its coverage, the financial firm discussed the impact of the Iran war and inflation on the firm. Earlier during the month, Barclays had adjusted Toll Brothers, Inc. (NYSE:TOL)’s share price target to $115 from $116 and kept an Underweight rating on the stock. The bank’s coverage came ahead of the earnings cycle as it outlined that it preferred homebuilding firms with pricing power. Cramer discussed Toll Brothers, Inc. (NYSE:TOL)’s earnings and lamented that the CEO was retiring:

“Yeah I was glad, I mean Toll made it on all the numbers and the numbers are not the way it used to be. Where it’s up, up, up. But they did beat the numbers and that was terrific.

“Oh I love Doug,. . .this is unfortunately Doug is retiring. What a great man, did a great job.”

Here's Why Jim Cramer Is Sad About Toll Brothers (TOL)

While we acknowledge the risk and potential of TOL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TOL and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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