Why Investors Should Hold Blue Owl Capital (OBDC) Stock for Now
Owl Rock(OBDC) ZACKS·2024-07-08 23:55
Blue Owl Capital Corporation (OBDC) , a business development company, is well-poised to grow on the back of strong credit performance, rising net investment income, strategic acquisitions and new investment commitments. Headquartered in New York, Blue Owl Capital has a market cap of $6.1 billion.OBDC lends funds to U.S. middle market companies, and at the first-quarter end, it had $12.4 billion of loans to 198 portfolio companies. Courtesy of solid prospects, this currently Zacks Rank #3 (Hold) stock is wor ...