JULY 24, 2008 (Dow down 283) - After a day like this we want to find stocks that will benefit from falling gasoline prices, like Disney (DIS) and Tupperware (TUP). Natural gas prices will bottom at $8 mcf.
steady packaging co with good balance sheet & earnings prospects has favorable 4% dividend (that may be raised) - would buy it hand over fist
24.77
0.00%
03/07/07
next day close
25.09
+1.29%
05/16/08
is 6th largest producer of containerboard & corrogated packaging in the US - the worst is over & it's time to buy - capacity is tight so pricing should improve - co is the lowest cost-highest margined producer in the sector - has a 5% dividend yield that limits downside & has a $110M share buyback (4% of the shares) - see stock going to 33 as the economy improves
Back to Top