Greif stock saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 93 the day before.
The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Greif stock is currently forming a consolidation, with a 72.10 buy point. See if the stock can break out in volume at least 40% higher than normal.
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Greif stock has a 95 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 95% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
Sees Triple-Digit Growth
In Q2, the packaging container company posted 113% EPS growth. Sales growth came in at 24%, down from 36% in the prior quarter.
Greif stock holds the No. 3 rank among its peers in the Containers/Packaging industry group. Myers Industries is the top-ranked stock within the group.
