Saturday, June 16, 2012

Coinstar showing Netflix the biz

Coinstar is Kicking Netflix's Butt Shares of Netflix (NFLX) got off to a smoking start this year after a nightmarish 2011. But like the rest of the market (and especially momentum stocks), Netflix has come crashing back to Earth. The stock is now actually down almost 10% in 2012. Do investors think that the video market is dead? Not necessarily. Take a look at Coinstar (CSTR). The owner of the bargain DVD rental kiosk service Redbox is having a banner year. Shares are up nearly 40%. What gives? Well, I think one reason is that Coinstar, which also operates its namesake coin counting machines in mass market retailers, may be benefiting from the weakness in the economy. A monthly subscriptio … http://finance.yahoo.com/news/coinstar-is-kicking-netflix-s-butt.html

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