0.11 (0.75%) 1d
As an income play? He doesn't know what this company owns, doesn't know what's in it, so he can't trust the dividend.
investment companies / funds

With the recent disasters in Texas and Florida, is this a Buy? He thinks the US is going through a housing recovery. A lot of housing was not maintained or upgraded after the global financial crisis. He doesn’t know this one, but it is obviously an interesting space. Expects there will be more upside in US housing, because their market is significantly behind relative to the Canadian market. Housing prices can go significantly higher. Look at the underlying issues before you definitely go into this, but structurally he thinks there is more growth in that market.

investment companies / funds

(A Top Pick June 16/16. Up 21.61%.) This lends money to the middle market, companies in the US that cannot get loans from a bank or from Wall Street. These are favourite financing vehicles of private equity. By law, they have to pay out 90% of the income they get from lending money, so they have distributions of somewhere from 9% to 11%.

investment companies / funds

Business development companies were developed in the 1970s when the US government was trying to figure out how to get money into the hands of businessmen. They were focused on lending money to companies that couldn’t get money from Wall Street or traditional banks. Because of securitization, banks got into this business and it is a very sleepy business. They have to distribute 90% of what they get in terms of interest rates from their clients. In 2008, you had Basil III, Dodd Frank and the Volcker rule, so banks could no longer lend willy-nilly to anybody, so they pulled back. Dividend yield of 9.11%.

investment companies / funds
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Goldman Sachs Business Development(GSBD-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Goldman Sachs Business Development is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Goldman Sachs Business Development(GSBD-N) Frequently Asked Questions

What is Goldman Sachs Business Development stock symbol?

Goldman Sachs Business Development is a American stock, trading under the symbol GSBD-N on the New York Stock Exchange (GSBD). It is usually referred to as NYSE:GSBD or GSBD-N

Is Goldman Sachs Business Development a buy or a sell?

In the last year, there was no coverage of Goldman Sachs Business Development published on Stockchase.

Is Goldman Sachs Business Development a good investment or a top pick?

Goldman Sachs Business Development was recommended as a Top Pick by on . Read the latest stock experts ratings for Goldman Sachs Business Development.

Why is Goldman Sachs Business Development stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Goldman Sachs Business Development worth watching?

0 stock analysts on Stockchase covered Goldman Sachs Business Development In the last year. It is a trending stock that is worth watching.

What is Goldman Sachs Business Development stock price?

On 2023-12-01, Goldman Sachs Business Development (GSBD-N) stock closed at a price of $14.84.