REFI Chicago Atlantic Real Estate Finance, Inc. : Bullish and Bearish Analyst Opinions

Sentiment & Price 1 ideas • 1 voices • 1 sources
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14:01
Mar 06
Josh Brown CEO, Ritholtz Wealth Management The Compound News
Publicly traded BDCs (Business Development Companies) like Chicago Atlantic (REFI), Manhattan Bridge (LOAN), and Carlyle Secured Lending (CGBD) are trading at valuations that price in GFC-level defaults (10-12%). Actual defaults are nowhere near these levels. The market is mispricing the risk due to panic in the private credit sector. These stocks are "dirt cheap" on a value reversion model. Long for value and yield. If the economy enters a hard recession, actual defaults could rise to meet the market's pessimistic pricing.
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About REFI Analyst Coverage

Buzzberg tracks REFI (Chicago Atlantic Real Estate Finance, Inc.) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.