Prev Close | 40.59 |
Day Low/High | 40.44 / 42.79 |
52 Wk Low/High | 21.76 / 43.11 |
Prev Close | 40.59 |
Day Low/High | 40.44 / 42.79 |
52 Wk Low/High | 21.76 / 43.11 |
Exchange | NYSE |
Shares Outstanding | 38.45B |
Market Cap | 1.56B |
P/E Ratio | 12.43 |
Div & Yield | N.A. (N.A) |
So far we have 3 names that made the cut.
The dozen stocks in this portfolio of companies that likely came under tax-loss selling pressure last year performed quite well as a group in 2019.
A handful of standouts among the dozen stocks that make up the Tax-Loss Selling Recovery Portfolio pushed the group higher over the last month.
Here's a look at the three tranches.
Let's review the performance of all three tranches released in December 2018.
Overall performance is still better than both the S&P 500 and Russell 2000, but the gaps have narrowed considerably.
These 12 companies likely saw their shares hurt by tax-loss selling at the end of 2018, but most are outperforming the market so far this year.
These 12 companies likely saw their shares hurt by tax-loss selling at the end of 2018, but most are outperforming the market so far this year.
It makes digging a bit harder, but that's been the case for quite a while.
A rising market obviously doesn't hurt these issues that were hammered in 2018, but most also are outperforming a couple key market indices.
So far nine are in positive territory, and are up an average of just over 11%.
With eight of the 12 names in positive territory so far, up an average of 3.2%, they are off to a decent start.
I will be providing occasional updates on the 12 names, and it should be an interesting ride.
Anytime I can find even a potentially interesting name, the heart beats a little faster.
Chinese holidays provide a breather, as the markets focus on this morning's ECB council meeting.
Grexit woes continue to depress prices, but SCOTUS helps hospitals.
Or so the creditors say (again).
Applying a systematic, game-theory approach to trading.
Go where the 'fish are biting' for better opportunities.