Main Street: Too Expensive To Touch, But Bonds Look Delicious

JimSchemel On our last coverage of Main Street Capital (NYSE:MAIN) we felt the valuation was middling for the shares. We expected the premium performance to continue, but just couldn't get behind it at the valuation at the time. On the other hand we found solid appeal in the bonds and gave them a buy rating. We now look at how those trades have worked and how the company has fared. We also give a new suggestion for income seekers. The Company MAIN is one of the best known BDCs and it has provided capita ...