Contra Guys: It’s time to talk about tax losers and end-of-year buying

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Selling stocks at a loss earlier in the year allows us to deploy our cash more effectively and scoop up bargains

This is the time of year when we focus on two things: tax losers and end-of-year buying. In fact, most of our duds that were primed for sale are already gone, having been sold a number of months ago. By selling stocks at a loss, we lower income, thereby paying less tax. And by selling earlier in the year, we are not competing with investors dumping their losers at reduced prices at the end of the year when tax-loss selling increases.

Contra Guys: Bears and bulls are divided over this 7.6% yielding stock, but we’re taking a middle-ground approach CRNT is a wireless transport solutions provider, transferring telecommunication between 3G, 4G and 5G networks, amongst other operations such as managing network services. It has been around since 1996 and as you can imagine, it has been forced to innovate regularly to keep up with the evolution of the technology.

Sales in North America and India are expected to continue to increase, with a gain this quarter of about 10 per cent. The Indian market represents about 31 per cent of revenues and North America accounts for about 26 per cent.

 

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