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Non-Tech : Kirk's Market Thoughts
COHR 154.03+3.5%Nov 26 3:59 PM EST

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To: Sun Tzu who wrote (12476)12/14/2021 12:24:42 PM
From: Kirk ©  Read Replies (6) of 26631
 
Stocks to take advantage of 2021 Tax Loss Selling

Does anyone have any stocks they are considering to buy on any late year plunges when people ditch them to lock in tax losses?

Currently many big name stocks are 20% or more off highs and could drop during the last days of the month when procrastinators sell them for the tax loss with the hope of buying back a month later to avoid the wash sale.

Sometimes you can do well buying their burnt offerings then selling them back in a month for a nice mark-up... or hold forever as they are stocks that were not cheap enough to buy while they were soaring....

I have two or three that I'll show as replies to this post so we can find them easier by searching for "Stocks to take advantage of 2021 Tax Loss Selling" in future years to see how this worked out.
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