2024-04-18 20:55:41 ET
Summary
- Horizon Technology Finance is a well-managed BDC focused on technology and life science investments.
- The BDC's stock has weakened in 2024 due to concerns about investment losses in the sector.
- Despite the decline in valuation, the 12% dividend yield is safer than it appears, and there is potential for re-rating upside.
Horizon Technology Finance Corporation ( HRZN ) is a well-managed business development company with a strict focus on technology and life science investments....
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Horizon Technology Finance: This 12% Yield Is Not As Risky As It Looks (Rating Upgrade)