CORONA, Calif., April 22, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a technology leader in developing automated retailing systems, customized kiosks and micro-stores, announced that they have been recommended as a stock "definitely worth following" in an article published on SeekingAlpha.com.
The article, which presented the attributes of both Coinstar and AVT, stated that both companies are competing in the automated retailing sector - one of the fastest growing industries in the world.
Coinstar's core automated retail businesses include the well-known Redbox® self-service DVD and video game rental and Coinstar® self-service coin-counting brands. However, "the stock is priced high," according to the Seeking Alpha article. "If you like the automated retailing industry, or want more leverage and bigger upside potential, then look at AVT (AVTC) instead."
AVT has pulled back from their 52-week high, which "is a buying opportunity at present prices," according to the report. "The company has grown by about 50% per year for the past 4-consecutive years, has patents on its technologies, and has contracts with some of the biggest names in the world, including Walmart, Rug Doctor, Blue Rhino, and yes, even the Kardashians," the article noted.
AVT is well positioned to lead the surge in automated retailing. With a diverse portfolio of products, a variety of revenue streams, and recent strategic acquisitions, AVT continues to show leadership in an industry that is ripe with opportunity.
The company is "definitely worth following," the article advised. "Or do yourself a favor and buy some now. We think it's going up to $10 a share pretty soon."
To read the article on Seeking Alpha, visit: http://seekingalpha.com/instablog/10797661-themoneyjournal/1772341-coinstar-and-avt-two-very-different-companies-in-the-same-industry
For more information on AVT, please call 800-240-5175 or visit the website at: www.autoretail.com.
About AVT, Inc:
AVT is a leading developer of customized automated retailing systems, Micro-Stores, and self-service solutions. Divisions include design, manufacturing, software engineering, leasing, media, and technology licensing. AVT is able to work with any size company to design a custom automated retailing solution that drives traffic, increases sales, improves security, and lowers overhead. AVT is uniquely qualified to take projects from concept to completion with speed, economy and ingenuity. For more information, visit: www.Autoretail.com
AVT's stock is traded through the OTC Markets, Ticker Symbol: AVTC
SOURCE AVT, Inc.