TY vs. GAB, RVT, GSBD, NUV, USA, STEW, CET, QQQX, GAM, and PTY
Should you be buying Tri-Continental stock or one of its competitors? The main competitors of Tri-Continental include The Gabelli Equity Trust (GAB), Royce Value Trust (RVT), Goldman Sachs BDC (GSBD), Nuveen Municipal Value Fund (NUV), Liberty All-Star Equity Fund (USA), SRH Total Return Fund (STEW), Central Securities (CET), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), General American Investors (GAM), and PIMCO Corporate & Income Opportunity Fund (PTY). These companies are all part of the "investment offices, not elsewhere classified" industry.
Tri-Continental (NYSE:TY) and The Gabelli Equity Trust (NYSE:GAB) are both small-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, institutional ownership, community ranking, dividends, media sentiment and earnings.
Tri-Continental received 66 more outperform votes than The Gabelli Equity Trust when rated by MarketBeat users. Likewise, 71.02% of users gave Tri-Continental an outperform vote while only 63.82% of users gave The Gabelli Equity Trust an outperform vote.
10.2% of Tri-Continental shares are owned by institutional investors. Comparatively, 7.2% of The Gabelli Equity Trust shares are owned by institutional investors. 8.7% of Tri-Continental shares are owned by company insiders. Comparatively, 0.9% of The Gabelli Equity Trust shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Tri-Continental pays an annual dividend of $1.08 per share and has a dividend yield of 3.5%. The Gabelli Equity Trust pays an annual dividend of $0.60 per share and has a dividend yield of 10.8%.
Tri-Continental has a beta of 0.95, suggesting that its share price is 5% less volatile than the S&P 500. Comparatively, The Gabelli Equity Trust has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500.
In the previous week, The Gabelli Equity Trust had 1 more articles in the media than Tri-Continental. MarketBeat recorded 3 mentions for The Gabelli Equity Trust and 2 mentions for Tri-Continental. The Gabelli Equity Trust's average media sentiment score of 0.96 beat Tri-Continental's score of 0.84 indicating that The Gabelli Equity Trust is being referred to more favorably in the news media.
Summary
Tri-Continental beats The Gabelli Equity Trust on 5 of the 8 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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