Trinity Capital: Strong Investment Setup (Rating Upgrade)
Like other private credit companies in the industry, Trinity Capital ( TRIN ) has suffered selling pressure due to concerns about the performance of SaaS loans in the BDC sector. Trinity Capital, and other BDCs, originate loans toAnalyst’s Disclosure: I/we have a beneficial long position in the shares of TRIN, HTGC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha ...