NewLake Capital Partners: 12% Yield Backed By Net Cash Balance Sheet
Seeking Alphaยท2025-09-10 22:51
NewLake Capital ( OTCQX:NLCP ) is one of the highest-yielding names in the REIT sector. Unlike other double-digit yielding peers, NLCP maintains an unusually conservatively leveraged balance sheet highlighted by a net cash position. The company also has extreme concentration in the cannabis sector. WhileJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also comb ...