Down -17.15% in 4 Weeks, Here's Why You Should You Buy the Dip in BlackRock TCP (TCPC)

Group 1 - BlackRock TCP (TCPC) has experienced a significant downtrend, with a stock decline of 17.2% over the past four weeks due to excessive selling pressure [1] - The stock is currently in oversold territory, indicated by an RSI reading of 15.22, suggesting that the heavy selling may be exhausting itself and a rebound could occur [3] - Wall Street analysts have raised earnings estimates for TCPC, with a 0.4% increase in the consensus EPS estimate over the last 30 days, indicating potential price appreciation in the near term [4] Group 2 - TCPC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [4]