Several days ago, I wrote an article about Hercules Capital (HTGC), a technology and life sciences focused-BDC. Today, I’m focused on one of its peers, Horizon Technology Finance (HRZN), which has a similar focus. As seen below, the shares have rebounded quite well since the large dip in March, with just a 7.6% decline since the start of the year. In this article, I evaluate whether Horizon Technology Finance presents an attractive investment at the present valuation, so let’s get started!
(Source: Yahoo Finance)
A Look Into Horizon Technology Finance
Horizon