3 Reasons To Invest In Prospect Capital (PSEC) Stock Now
Zacks Investment Research | Dec 31, 2018 07:28AM ET
Prospect Capital Corporation (NASDAQ:PSEC) appears to be a profitable investment option, driven by steady earnings growth and solid prospects. Also, strong economic growth is expected to support the top line.
Prospect Capital is also witnessing upward estimate revisions, reflecting analysts’ optimism about its growth prospects. Over the past 60 days, the Zacks Consensus Estimate for fiscal 2019 and fiscal 2020 has been raised 11.8% and 11.6%, respectively.
Further, this Zacks Rank #2 (Buy) stock has lost 3.7% year to date against the Zacks Investment Research
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