Josh Arnold
Long/short equity

Charles & Colvard's Blistering Growth Rate Will Drive The Stock Higher

Overview and Thesis

Charles & Colvard, Ltd. (NASDAQ:CTHR) is the world's sole provider of moissanite, a created gemstone that competes with precious stones such as diamond. The company begins with raw silicon carbide crystals and then grows gem-quality moissanite through its patented processes. Each gem is then cut and polished to CTHR's standards and is subsequently sorted and graded. To say CTHR operates a unique business is an understatement and I believe the company's monopoly on moissanite coupled with booming demand will power shares higher in the future. Recent earnings and announcements sent shares soaring and they remain near their highs. With shares worth roughly double what they were just a few months ago investors must wonder

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details