OCSL - Oaktree Specialty Lending: Buy The Panic And Lock In An 11% Yield
2024-02-02 08:44:53 ET
Summary
- Oaktree Specialty Lending Corporation's stock price is down 8% after reporting fourth quarter results.
- The increase in non-accruals caused a panic sell-off, but the author believes investors overreacted.
- The stock is now classified as a Strong Buy with a solid yield above 11% and improved risk/reward relationship.
The stock price of Oaktree Specialty Lending Corporation ( OCSL ) is down 8% as I am writing this, in response to the business development company reporting fourth quarter results....
Oaktree Specialty Lending: Buy The Panic And Lock In An 11% Yield