Hi, Pat. What is your view on Ares Capital Corp.? They seem to have an attractive dividend for a financial stock. Thanks.

Ares Capital Corp., $17.13, symbol ARCC on Nasdaq (Shares outstanding: 314.1 million; Market cap: $5.4 billion; www.arescapitalcorp.com), provides debt and equity financing to U.S. mid-sized companies and venture capital-backed businesses. Billionaire Tony Ressler heads Ares and its affiliates.

Ares Capital initiates and invests in senior secured… Read More

Thank you for your excellent advice and your well-written newsletters. What is your opinion of the Blackstone Group?

The Blackstone Group LP, $36.61, symbol BX on New York (Shares outstanding: 520.5 million; Market cap: $21.5 billion; www.blackstone.com), is a global alternative asset manager and provider of financial advisory services.

The company’s alternative asset management businesses include managing corporate private equity funds, real estate opportunity… Read More