American Capital, Ltd. (NASDAQ:ACAS)

Strong history of dividend growth and excellent management team. Best of breed of BDCs.

Subprime credit crisis creates opportunity. I think this company is an opportunist. Outperfrom.

Proven record during both up and down markets. Much greater diversification today then in the last down market.

It will be tough for American Capital Strategies to generate returns matching previous years having invested so heavily near the top of the market. Many of it's holdings were bought in last year at market highs. For this pony to run in the black it will need to break records in price. It is going to be a few years before we see that.

Market is overly bearish on this stock - although some assets are overpriced is price-book ratio is too low for this stock's value. Especially given it's ROE numbers, with a 12% dividend, which is scheduled to rise over the next year it is priced very nicely to weather the recession.

I could re-iterate the great underlying fundamentals of the company like most of the other folks are doing, but just as important as fundamentals is timing.

As value investors, everyone here knows that this recession is providing a great bargain on certain investments, and those who are going to come out of the recession fat and happy are those who happened to have some capital to put to work.

Look at ACAS balance sheets and you'll see they have plenty of capital to work with and given their historical performance, I'm willing to bet they'll use their capital intelligently.

This Mid-market player is priced below book value and has more than it's share of bad news priced in. Look for 30-50% appreciation over the next 2 years. Add to that it's current 12% dividend - it will weather the current recession quite nicely.

This company has been beaten down with the financials but there's much more to their business model than that.

FOR A COMPANY THAT DOES WHAT THEY DO THEY SURE HAVE A CHEAP WEB SITE

#1 yield in S & P 500 as of 04/01/08.

Great company with growing profits and dividends. Current dividend yield of over 10% is way too high. When the financial panic is over this will soar

Excellent dividend performance and the price has followed along. Of course, these are difficult times, but the company should have its pick of opportunities and come out the other side in excellent shape. Expect to continue to collect dividends and see price back around 50 within 2 years.

Great dividends during a not so great market

HIGH YEID STOCK GOOD FUTURE

ACAS will pass SPY and hold its position for awhile.

Still a solid financial that has been dragged down with the sector. Excellant dividend that doesn't look to be in danger of being cut.

Dividend is still very attractive for this stock, even in the current economy worries of sub prime.

well managed with great dividend

Capitol investments are always adjusting to new patterns, and with proper leadership, will continue to rise