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January Effect - stocks - this is just

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AugustaFriends Member Level  Wednesday, 12/21/11 10:21:50 PM
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January Effect - stocks - this is just a start of it- Final list next week- If there is any stock you want to watch for january Effect Let us know

JANUARY EFFECT -- At this time of year, it makes sense to seek out select stocks trading near 52 week lows. The strategy of buying beaten-down stocks just a few weeks before the end of the year often results in solid gains, because stocks that many investors are underwater on, are often sold down even more for tax loss purposes. Sometimes after holding a stock that has dropped in value, investors want to sell even if it's not a great time to do so. The tax loss selling can exacerbate the declines in an already oversold, undervalued stock at this time of year, and that can be a great opportunity.

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