2024-05-19 16:23:43 ET
Summary
- Gladstone Investment has been in the list of my favorite BDCs since December last year.
- The reason why I favor GAIN lies in its defensiveness, focus on durable businesses and one of the lowest debt levels in the BDC sector.
- So far GAIN has delivered stable results, but underperformed the booming BDC market, which is only logical given its defensive nature.
- Just recently GAIN circulated its quarterly results, which send encouraging signs for the shareholders.
- In this article I assess the most recent quarterly report, contextualise that with my bullish thesis.
Gladstone Investment (NASDAQ: GAIN ) has been one of my favorite BDCs since late December last year, when I did a more thorough assessment of its fundamentals, determining that the risk and return profile was attractive enough to go long....
Read the full article on Seeking Alpha
For further details see:
Gladstone Investment: The Decrease In Dividend Coverage Is Not A Reason To Sell