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The top pickers also bought up shares of Coinstar (nasdq: CSTR - news - people ) a small Bellevue, Wash.
FORBES: Magazine Article
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We do not view CSTR as a long-term holding.
FORBES: Coinstar: J.P. Morgan Upgrades; Shares Spike
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In this context, investors should view our upgrade of CSTR to Overweight as a 6-month long trade.
FORBES: Coinstar: J.P. Morgan Upgrades; Shares Spike
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Redbox Automated Retail, LLC, a wholly-owned subsidiary of Coinstar, Inc. (Nasdaq: CSTR), offers new release DVD rentals through its network of conveniently located, self-service kiosks.
ENGADGET: Redbox deal with Fox puts a 4 week hold on new releases, starting with Avatar
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So CSTR is currently trading for 14.6x price-to-cash earnings, another sign that the stock remains undervalued in spite of the recent rally.
FORBES: Coinstar's Cheap, Don't Bet Against The Box
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Coinstar ( CSTR), which in addition to its namesake coin-counting kiosks, operates the fast-growing Redbox DVD rental sites, has been consolidating price gains since mid-May.
FORBES: Coinstar, Dick's Sporting Goods, Dollar Tree Outpace Weak Market
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While Netflix (NFLX) gets most of the headlines, one of the most remarkable developments in the video rental business over the last few years has been the amazing growth of Redbox , the video rental kiosk business run by Coinstar (CSTR), a company that used to be known for its coin-counting machines.
FORBES: Coinstar: How Big Can Redbox Get?