Updated: January 17, 2017
Today I’m going to show you two business development companies (BDCs) that were great buys once but now need to be banished from your portfolio right away.
They’re all good companies, but recent market fervor has caused them to be way overpriced. And while the bull run has been good for all BDCs, there is still one I still see as underpriced relative to its potential. More on that in a moment.
This Popular Name Is Headed for a Fall
First, we need to talk about Main Street Capital (MAIN), one of the best-performing BDCs out there … and one of the world’s most crowded trades.…