Blackstone Secured Lending: Currently In The Buy Zone (Rating Upgrade)
BXBlackstone(BX) Seeking Alpha·2024-08-13 19:00
vaeenmaIntroduction With anticipation surrounding rate cuts coming soon, some BDCs have started to experience a pullback in their share price. The sector has enjoyed some nice capital appreciation over the past two years with many trading at high premiums above their NAVs. For me personally, I haven't added to any of my BDC holdings for over a year, but with Blackstone Secured Lending's (NYSE:BXSL) price below $30, I think the stock offers a decent entry point here. In this article, I discuss the compan ...