Latest news with #FidusInvestmentCorporation
Yahoo
04-04-2025
- Automotive
- Yahoo
Fidus Investment Corporation (FDUS) – Why Cramer Won't Give His Blessing
We recently published a list of . In this article, we are going to take a look at where Fidus Investment Corporation (NASDAQ:FDUS) stands against other stocks that Jim Cramer discusses. On Tuesday, April 1st, the host of Mad Money opened the show by focusing on President Trump's tariffs and the economic risks ahead of 'Liberation Day'. While Cramer expressed sympathy for the President's goals, he warned viewers that the consequences could be severe for both consumers and the broader economy: 'Now as someone who's been a huge critic of unrestrained free trade, I am very sympathetic to what President Trump is trying to accomplish with these tariffs. Every other country on earth tries to protect its own domestic industries except America which has spent decades letting foreign competitors steamroll our guys in exchange for cheaper stuff. President Trump is justifiably furious about this he wants to do something about it but solving the problem is going to hurt. We don't know how much our prices will go up for just about everything, but we do know those tariffs will be used as an excuse to raise prices across the board. It's been very hard to get a sense of the overall damage.' But despite understanding the motivation behind the policy, Cramer was blunt about the scale of economic disruption that a proposed 20% tariff on all imports would cause: 'Speaking as someone who's not a fan of free trade I have to be honest here, a 20% across the board tariff on almost all imports that would be horrendous for the economy. That's a 20% increase on everything we buy from overseas and we import a huge amount of foreign goods in America, and those goods are cheap because that's the deal. There's plenty of competition from these companies but with the exception of the auto industry and those that contribute to it -mainly steel – it doesn't matter anymore. The truth is the jobs that are meant to be protected by tariffs were automated out of existence a long time ago.' Cramer mentioned that even the industries that stand to benefit in theory, like autos and steel, aren't necessarily helping the average American: 'The tariffs aren't protecting us from anything because we barely make anything anymore. The horses left the barn ages ago. Ford and GM will be able to make more money by raising prices but who does that help besides their shareholders and union members? What's good for General Motors is not necessarily good for America anymore. All people know is that cars will be more expensive; they don't care about who makes them.' He also criticized the administration's execution, calling out the lack of clarity and coordination behind the policy rollout and questioning whether any American companies will actually be spared from the impact: 'I wish the White House were more serious about making the tariffs work. Our country's been crushed by foreign imports that are typically made by cheap labor and often subsidized so they destroy our jobs. But the jobs are gone. We had almost a million seamstresses in this country four decades ago now we have almost none; they aren't bringing back those jobs. Sure, some companies thought they'd be buying immunity by building new factories here, but there's nothing on paper that suggests that the president will spare them. Is there really no sanctuary?' Wrapping up the opening segment, Cramer reminded viewers that while many Americans may support a 'tough-on-trade' agenda, their real fear is inflation; and it's inflation that the tariffs will likely exacerbate: 'Finally, most Americans are worried about inflation; not tariffs. That's what got Trump elected for heaven's sake. As much as I rail against the devil's bargain that gave our country the cheap stuff at the cost of domestic jobs, cheap stuff is what America wanted. […] Here's the bottom line when the book is written on this moment I think we'll question what we were liberated from on Liberation Day and again I think Trump is totally justified in cracking down on our trading partners but that doesn't mean it will be good for the economy.' For this article, we compiled a list of 17 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 1. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A close-up of a contract being signed, depicting a transaction for Mezzanine, Growth Capital, and Debt Investment Corporation (NASDAQ:FDUS) was mentioned during the lightning round by a caller seeking income and capital preservation. Cramer, however, advised against it due to uncertainty around its holdings: 'I have to tell you I am going to be against you on this. Why? Because I have no idea what this business development company owns, and if we get into a nasty tariff-incited downturn, then I think Fidus is going to be hurt. So I cannot give you my blessing on that, I am very sorry.' Fidus Investment Corporation (NASDAQ:FDUS) specializes in providing tailored debt and equity financing to lower middle-market companies across the U.S., focusing on businesses with revenues between $10 million and $150 million. In March 2025, the company priced a $100 million public offering of 6.750% notes due 2030, reflecting its ongoing strategy to strengthen its capital structure and enhance financial flexibility. The proceeds are intended to repay a portion of its outstanding credit facility, but may also be recycled into new investments that align with its mission of generating both current income and capital appreciation. Overall, FDUS ranks 3rd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of FDUS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FDUS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
25-02-2025
- Business
- Yahoo
Fidus Investment Corporation Schedules Fourth Quarter 2024 Earnings Release and Conference Call
EVANSTON, Ill., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ: FDUS) ('Fidus' or the 'Company') today announced that it will report its fourth quarter 2024 financial results on Thursday, March 6, 2025 after the close of the financial markets. Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, March 7, 2025. To participate in the conference call, please dial (844) 808-7136 approximately 10 minutes prior to the call. International callers should dial (412) 317-0534. Please ask to be joined into the Fidus Investment Corporation call. A live webcast of the conference call will be available at Please access the website 15 minutes prior to the start of the call to download and install any necessary audio software. A webcast replay of the conference call will be available two hours after the call on the investor relations section of the Company's website. ABOUT FIDUS INVESTMENT CORPORATION Fidus Investment Corporation provides customized debt and equity financing solutions to lower middle-market companies, which management generally defines as U.S. based companies with revenues between $10 million and $150 million. The Company's investment objective is to provide attractive risk-adjusted returns by generating both current income from debt investments and capital appreciation from equity related investments. Fidus seeks to partner with business owners, management teams and financial sponsors by providing customized financing for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. Fidus is an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940, as amended. In addition, for tax purposes, Fidus has elected to be treated as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended. Fidus was formed in February 2011 to continue and expand the business of Fidus Mezzanine Capital, L.P., which commenced operations in May 2007 and is licensed by the U.S. Small Business Administration as a Small Business Investment Company (SBIC). FORWARD-LOOKING STATEMENTS This press release may contain certain forward-looking statements which are based upon current expectations and are inherently uncertain, including, but not limited to, statements about the future performance and financial condition of the Company, the prospects of our existing and prospective portfolio companies, the financial condition and ability of our existing and prospective portfolio companies to achieve their objectives, and the timing, form and amount of any distributions or supplemental dividends in the future. Any such statements, other than statements of historical fact, are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under the Company's control, and that the Company may or may not have considered, such as changes in the financial and lending markets and the impact of interest rate volatility, including the decommissioning of LIBOR and rising interest rates; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from these estimates and projections of the future as a result of a number of factors related to changes in the markets in which the Company invests, changes in the financial, capital, and lending markets, and other factors described from time to time in the Company's filings with the Securities and Exchange Commission. Such statements speak only as of the time when made, and are based on information available to the Company as of the date hereof and are qualified in their entirety by this cautionary statement. The Company undertakes no obligation to update any such statement now or in the future, except as required by applicable law. Company Contact:Shelby E. SherardChief Financial OfficerFidus Investment Corporation(847) 859-3938SSherard@ Investor Relations Contact:Alliance AdvisorsJody Burfening(212) 838-3777Jburfening@ in to access your portfolio
