EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Reprint Email

TheStreet Wire

Charles & Colvard Ltd. (CTHR): Today's Featured Metals & Mining Winner

By TheStreet Wire 09/28/11 - 05:49 PM EDT

Find out if (CTHR) is in Cramer's Portfolio.

The metals & mining industry closed the day down 5.5%. Synalloy Corporation (SYNL), China Natural Resources Inc (CHNR), China Precision Steel Inc (CPSL), and Mountain Province Diamonds Inc (MDM) were all winners today within the metals & mining industry with Charles & Colvard (CTHR) being today's featured metals & mining winner. Charles & Colvard rose 6 cents (2.6%) to $2.36 on light volume. Throughout the day, 2,470 shares of Charles & Colvard exchanged hands as compared to its average daily volume of 30,400 shares.

Charles & Colvard, Ltd. manufactures, markets, and distributes Moissanite jewels for use in fine jewelry in the United States and internationally. Charles & Colvard has a market cap of $44.6 million and is part of the services sector. The company has a P/E ratio of 76, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 23.8% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Charles & Colvard as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.

You can view the full Charles & Colvard Ratings Report.

On the negative front, Lake Shore Gold (LSG), US Gold Corporation (UXG), Timberline Resources Corporation (TLR), and Avino Silver & Gold Mines (ASGMF) were all losers within the metals & mining industry with Alcoa Inc (AA) being today's metals & mining industry Loser Spotlight stock.

Use our metals & mining section to find industry-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF (XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN (BOS).

Find other investment ideas from our top rated ETFs lists.

For more information on Charles & Colvard Ltd. click any of the following:

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:

$2.5+ million portfolio
Large-cap and dividend focus
Intraday trade alerts from Cramer
Weekly roundups

Dividend Stock Advisor

TRY IT FREE

New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:

Diversified model portfolio of dividend stocks
Alerts when market news affect the portfolio
Bi-weekly updates with exact steps to take - BUY, HOLD, SELL

Stocks Under $10

TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:

Model portfolio
Stocks trading below $10
Intraday trade alerts
Weekly roundups

Real Money

TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:

Jim Cramer + 20 Wall Street pros
Intraday commentary & news
Real-time trading forum
Actionable trade ideas

Real Money Pro

TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:

Real Money + Doug Kass + 15 more Wall Street Pros
Intraday commentary & news
Ultra-actionable trading ideas

Options Profits

TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.