Macquarie Infrastructure Company LLC (NYSE:MIC)
CAPS Rating:
Owns, operates and invests in a diversified group of infrastructure businesses, which are businesses that provide basic, everyday services, such as parking, roads and water, through long-life physical assets.
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This company has way too much debt for the earnings they are generating. As debt comes due, their interest rate will go up eating into their free cash flow. I think it current price is too high and it will sell off.