Hercules Capital: The Tide Is Turning - Buy While It's Cheap (Rating Upgrade)

Jun. 28, 2023 8:00 AM ETHercules Capital, Inc. (HTGC)HTGC14 Comments

Summary

  • Hercules Capital is a business development company specializing in direct lending to venture and growth-stage companies. HTGC has recovered remarkably from its March decline.
  • The specialized BDC has benefited from the gaps left behind by the failure of Silicon Valley Bank. Astute dip buyers capitalized on its attractive valuation in March.
  • While its valuation is less attractive, I gleaned that the opportunity remains favorable. Also, HTGC is at the cusp of recovering its bullish bias, leading to more robust buying sentiments.
  • Ultimate Growth Investing members get exclusive access to our real-world portfolio. See all our investments here »

Dividends Investment Business Graph

marrio31

Hercules Capital, Inc. (NYSE:HTGC) is a specialized business development company or BDC focusing on direct lending to venture and growth-stage companies. Its expertise lies in select markets, particularly tech, life sciences, and renewable energy. Investors new to HTGC are encouraged to explore my

A Unique Price Action-based Growth Investing Service

  • We believe price action is a leading indicator. 
  • We called the TSLA top in late 2021.
  • We then picked TSLA's bottom in December 2022.
  • We updated members that the NASDAQ had long-term bearish price action signals in November 2021.
  • We told members that the S&P 500 likely bottomed in October 2022.
  • Members navigated the turning points of the market confidently in our service.
  • Members tuned out the noise in the financial media and focused on what really matters: Price Action.

Sign up now for a Risk-Free 14-Day free trial!

This article was written by

42.05K Followers

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP.

He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks.

He focuses on identifying growth investing opportunities that present the most attractive risk/reward upside potential. His approach combines sharp price action analysis with fundamentals investing.

He tends to avoid overhyped and overvalued stocks while capitalizing on battered stocks with significant upside recovery possibilities.

He runs the investing group Ultimate Growth Investing which specializes in identifying high-potential opportunities across various sectors. He focuses on ideas that has strong growth potential and well-beaten contrarian plays, with an 18 to 24 month outlook for the thesis to play out.

The group is designed for investors seeking to capitalize on growth stocks with robust fundamentals, buying momentum, and turnaround plays at highly attractive valuations.

Learn more

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About HTGC Ticker

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on HTGC

Related Stocks

SymbolLast Price% Chg
HTGC
--