SLR Investment: Strong Quarter And Attractive Valuation, It's A Buy
Summary
- SLRC has reported a strong Q2 2024 with many improvements across the board.
- Despite stronger earnings and robust portfolio quality, the P/NAV discount remains very deep - at 16%.
- While the risk of an unfavorable debt refinancing is there, the total risk and reward ratio is clearly positive and supportive of a bullish case.
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