Harvest The Chaff?

This time of year, investors are dumping their worst performers for what is called tax-loss harvesting. For instance, if you have amazing capital gains on, let’s say, TSLA, but you had the misfortune of buying a bunch of HOOD when they went public, you might choose to dump your HOOD garbage to offset some of those sweet TSLA gains during tax times. Thus, the lousiest stocks have especially bad Decembers.

With that in mind, here are a hodgepodge of particularly-battered issues which you might consider as bounce plays with the looming new year. I’m not touching any of these, but I could certainly make an argument for bounces – – even substantial ones – – once trading resumes on Monday, with tax-loss harvesting behind us.

 

Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...

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