NEW YORK - Nova LIfestyle Inc. (OTCMKTS:STVS), a designer and manufacturer of residential furniture based in Commerce, CA, made the most recent "Sizzling Stock Alert" list published by StockRunway.com.

Nova Lifestyle Furniture on 'Sizzling Stock Alert' ListStockRunway noted that Nova Lifesstyle's stock climbed to $4.30 in mid July, up 11.7% from its previous close. Nova Lifestyle's stock valuation remained steady, closing Aug. 12 at $4.20 per share.

With brands including Diamond Sofa, Colorful World And Giorgio Mobili, Nova LIfestyle sells its furnishings through about 6- franchise stores, plus unaffiliated retail stores and distributors in China, plus through furniiture distirbutors and retailers in the U.S. and international markets. Nova Lifestyle's year-end revenues for grew 53.6% to $66.29 million in 2012.

Last fall, Nova Lifestyle opened up a factory in China to manufacture furniture for IKEA.

 

 

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