Ares Capital: Growing Backlog Can Convert To Higher Earnings (Rating Upgrade)
· seekingalpha.com
Ares Capital (ARCC) upgraded to Buy: rare discount to NAV, 9.6% dividend, $1.5B backlog and floating-rate upside.
It's been more than a year since I've covered Ares Capital ( ARCC ), so I wanted to revisit this business development company to reassess its outlook through th...