Stellus Capital: Consistent Performance But Still Awaiting A Better Entry
Stellus Capital Investment (SCM) Seeking Alpha·2024-09-17 13:12
imagedepotpro Overview I previously covered Stellus Capital Investment Corporation (NYSE:SCM) back in May and issued a hold rating due to the price trading at a high premium to net asset value. The total return since my last article has lagged the S&P 500 due to a bit of a price pullback. Now that the price has retracted a bit, I wanted to revisit to provide some updated insights regarding the financials and valuation. I also wanted to share some thoughts around the changing interest rate environment and wh ...