2024-04-07 22:34:47 ET
Summary
- Main Street Capital has delivered strong results in its lower middle market loan portfolio in recent years.
- The stock is currently selling at a high premium to net asset value, making it expensive for passive income investors.
- Investors should wait for a correction before considering buying Main Street Capital.
Main Street Capital ( MAIN ) is a high0quality business development company that has delivered strong and consistent results related to its lower middle market loan portfolio in the last couple of years....
Read the full article on Seeking Alpha
For further details see:
Main Street Capital: A Solid 8% Yield, But Unattractive Risk/Reward (Rating Downgrade)