GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Ares Capital Corporation (ARCC) [hlAlert]

Rating:
Buy ARCC
down 1.97 %

Ares Capital Corporation (ARCC) rated Buy

Posted on: Thursday,  Nov 15, 2007  9:25 AM ET by Wachovia

Wachovia rated Buy Ares Capital Corporation (NASDAQ: ARCC) on 11/15/2007, when the stock price was $15.68. Since
then, Ares Capital Corporation has lost 1.98% as of 01/21/2016's recent price of $15.37.
If you would have followed this Wachovia's recommendation on ARCC, you would have lost 1.97% of your investment in 2989 days.

Ares Capital Corporation (Ares Capital) is a specialty finance company that is a closed-end, non-diversified management investment company. The Company?s investment objective is to generate both current income and capital appreciation through debt and equity investments. Ares Capital invests primarily in United States middle market companies. The Company invests primarily in first and second lien senior loans and mezzanine debt, which in some cases includes an equity component like warrants. First and second lien senior loans generally are senior debt instruments. Mezzanine debt is subordinated to senior loans and is generally unsecured. The industries in which the Company invests include aerospace and defense, airlines, broadcasting, cargo transport, chemicals, consume products, education, energy, financial, gaming and healthcare. In November 2009, Ares Capital Corporation acquired Allied Capital's interests in the Senior Secured Loan Fund LLC (formerly the Unitranche Fund).

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/15/2007 9:25 AM Buy
None
15.68
as of 8/27/2015
1 Week down  -2.22 %
1 Month down  -7.74 %
3 Months down  -6.45 %
1 YTD down  -13.50 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy