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Coinstar (CSTR): Coins to cash ... plus video rentals

"Now could be your chance to pick up Coinstar (NASDAQ: CSTR) at a bargain," Brandon Clay pointing to the firm whose macbhines turn coins into cash. In his Invest with an Edge he states, "We recommend the stock as a recession-resistant, consumer play in a shaky market."

"There are three reasons why we like Constar. First, it's a consumer-savvy play. The company is built on perennial consumer-driven services.

"Their flagship Coinstar machine turns idle change into cash. For every dollar consumers drop into the grate, Coinstar makes $0.089. It may not seem like much, but this simple idea grew CSTR from an idea in 1992, to a $912 million company last year.

Continue reading Coinstar (CSTR): Coins to cash ... plus video rentals

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IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 26, 2012: 11:24 AM

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