TSX:AD.DB.A - Post by User
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Possibleidiot01on Feb 07, 2023 1:53pm
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Post# 35272344
Michael Sprung- BNN - Top Pick
Michael Sprung- BNN - Top PickAlaris Equity Partners (AD.UN TSX) Alaris is an open-ended investment trust providing alternative financing to private companies in a diverse range of industries. Alaris receives distributions that participate in the improving metrics of its partner companies. Opportunities for capital deployment are increasing as rising interest rates make Alaris' offerings more attractive to business owners. The company also invests in common shares of some of its companies. The market appears to be overlooking the strong operating and growth profile of Alaris in the current environment. The units are selling near book value and are currently yielding 7.7 per cent.