Earlier today I saw that an old favorite of mine, Greif (GEF) had made the
list of top % gainers on the NYSE. Greif had a nice day trading today and closed at $68.92, up $2.80 or 4.23% on the day. However, that 4.23% gain was not enough by the close to keep it on the list. However, since it was on the list earlier, I certainly reserve the right :) to 'revisit' this stock!
I would like to explain why I still feel that
GREIF (GEF) IS RATED A BUY
On April 5, 2005, I first discussed Greif (GEF) and actually purchased some shares at that time. Gef was trading at a split-adjust price of $37.03 at 
that time. Unfortunately, with my trading rules I sold my shares of GEF when they hit an (8)% loss just a few months later and do not currently own any shares or options on this stock. In fact, I revisited GEF on December 12, 2006, when the stock was trading at a split-adjusted price of $57.88.
So here it is another year-and-a-half later and Greif (GEF) is making the list again, and once again I shall tell you why it belongs on the blog (and maybe in my portfolio if I get the opportunity).
It is a big late, so let me try to be brief.
First of all, according to the Yahoo "Profile" on Grief (GEF), the company
"...engages in the manufacture and sale of industrial packaging products, and containerboard and corrugated products worldwide. It operates in three segments: Industrial Packaging and Services; Paper, Packaging, and Services; and Timber. Industrial Packaging and Services segment offers industrial packaging products, such as steel, fiber, and plastic drums; intermediate bulk containers; closure systems for industrial packaging products; and polycarbonate water bottles."
The stock moved higher today in anticipation of an earnings report that was scheduled to be announced after the close of trading.
