Best Penny Companies To Watch For 2015

Best Penny Companies To Watch For 2015: Prospect Capital Corporation(PSEC)

Prospect Capital Corporation is a mezzanine finance and private equity firm that specializes in late venture, middle market, mature, mezzanine, buyouts, recapitalizations, growth capital, development, and bridge transactions. It makes secured debt and equity investments. The firm typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. The firm prefers to invest in the United States and Canada. It seeks to invest between $5 million to $50 million in companies with EBITDA between $$ million and $75 million, sales value up to $500 million, and enterprise value of up to $250 million. The firm also co- invests for larger deals. It seeks control acquisitions by providing multiple levels of the capital structure. Prospect Capital Corporation was founded in 1988 and is based in New York, New York.

Advisors' Opinion:

• [By Rick Munarriz]

  We can start with Prospect Capital (NASDAQ: PSEC  ) .

  The business development company declared its next four monthly distributions on Monday of last week, a day before posting fresh financials. Prospect Capital will be increasing its rate every month -- yes, it pays monthly distributions -- from June through at least September.

• [By Jordan Wathen]

  Is it time for a stock buyback at Prospect Capital (NASDAQ: PSEC  ) ?

  When business development companies trade substantially below their last-reported net asset values, or NAV, repurchasing shares can be quite beneficial for shareholders. A repurchase allows a BDC to essentially a! cquire a portfolio of loans and investments at prices below their stated value.

• [By Rich Duprey]

  Business development companyProspect Capital (NASDAQ: PSEC  ) announced todaythat based on its earnings expectations for the rest of the year it set dividends for the following four months:

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-penny-companies-to-watch-for-2015.html