Goldman Sachs BDC: Time To Buy The Crash, Lock In A 13% Yield
Belden(BDC) Seeking Alpha·2024-08-16 22:19
Robert Way The stock price of Goldman Sachs BDC Inc. (NYSE:GSBD) plummeted in the last couple of days and is now selling at a discount to book value in the amount of 8%. There have been two factors for the decline in Goldman Sachs BDC’s stock price which include, one, concerns over a U.S. recession after the July jobs report showed much weaker-than-expected job growth, and, two, the business development company reported an increase in non-accruals and growing investment losses. These losses caused a 6% ...