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On July 27 at 7 p.m. ET, Eric Fry and Louis Navellier will reveal a new Supercycle that’s about to grip the markets and how you can leverage this event to potentially make $100,000 or more.

Tue, July 27 at 7:00PM ET
 
 
 
 

Buying Big-Dividend Stock TCAP Will Pay Off

Triangle Capital Corp. (NYSE:TCAP) — This finance company specializing in buyouts, change-of-control transactions, acquisitions, growth financing and recapitalizations in lower- to middle-market companies exceeded analysts’ Q4 estimates due to greater-than-expected portfolio growth. Asset quality is excellent, and BB&T Capital Markets expects portfolio growth to continue to gain and reiterated its “buy” on the stock. 

Technically the stock is in a cup-and-handle formation. The handle has formed a small rectangle with a top at just over $20.

A close over $20.50 would result in a breakout with an objective of $25. TCAP pays a dividend of $1.88 for a yield of 9.5%. 

Trade of the Day -- Triangle Capital Corp. (NYSE:TCAP)
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Trade of the Day Chart Key


Article printed from InvestorPlace Media, https://investorplace.com/2012/03/trade-of-the-day-triangle-capital-corp-nyse-tcap/.

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