|Day Low/High||26.25 / 27.13|
|52 Wk Low/High||1.56 / 38.59|
A drugstore giant, a maker of office technology, a chicken producer and a shoe seller make up one-third of the 2021 Tax Loss Selling Recovery Portfolio.
The deep-value Tax-Loss Selling Recovery Portfolio of a dozen stocks handsomely outperformed the S&P 500 and Russell 2000 indices.
Thanks to big gains by Tupperware Brands and GameStop these dozen stocks that languished in 2019 collectively are now up nicely since the portfolio's inception.
This should go down as one of the great turnaround plays of 2020.
The idea is to identify those that might ultimately recover in the new year.
The idea behind this annual 'experiment' is to identify potentially 'cheap' names with 3 attributes.
TUP has quickly gone from the worst performer in my tax loss selling portfolio to the second-best performer.
There's progress for sure, but still a long way to go. Things could be worse.
This experiment in trying to identify stocks that could come back after dismal year-ago performance isn't going well five months since its inception.
I have proof speculation can pay big, and let's use Tupperware as a case study.
If investors reengage with these names in 2020, this could be an interesting set-up for market outperformance.
In this portfolio, the goal is for the winners to more than offset the losers.
We'll track a dozen beaten-up stocks that could be subject to tax-loss selling at the end of 2019 to see whether they can stage comebacks in 2020.
We'll track a dozen beaten-up stocks that could be subject to tax-loss selling at the end of 2019 and see whether they can stage comebacks in 2020.
Swing for the fences with these down-and-out companies primed to rise.
Looking at Amazon and Starbucks shows how dramatic moves on stocks can be an investor's friend, and TUP is a perfect example.
By selling out of big losers prior to the quarter's close, portfolio managers can hide the stocks from clients, but some downtrodden shares could be ripe for bounces next week, so here's my list.
After last week's retail earnings showcased a number of misses, we'll be watching for something similar to what transpired at Guess.
As I talk about over at Income Seeker, where I look for well-positioned companies with dividend yields north of 4%, one of the biggest faux pas a company can make is to cut its dividend. We are seeing that play out in spades today with the 30% drop ...
Alright folks, with Diary Captain Doug Kass out today, I, Chris Versace, co-PM on Trifecta Stocks with Bob Lang and Stocks Under $10 with Sarge Guilfoyle as well as a helping hand on Income Seeker, am sitting in. Between a number of earnings reports...
Thinking about this year's losers that may selloff further into year-end.
Who, out there in the health care sector, is safe?
It looks like China is building again.
These companies' dividends are strong and likely to stay that way.