It's the time of year when investors do their
, selling securities at a loss to offset taxable gains from other investments.
These sales must take place before Dec. 31, and they can cause the price of stocks to drop much lower than they would otherwise. The anticipated result for the investors doing the selling is a reduction in their tax bills, but for everyone else, tax-selling can create a bargain bin of stocks to pick up for the new year.
Stockpickr has reviewed the stocks on the
New York Stock Exchange
and compiled a list of those with
. These stocks all have P/E ratios below 14 and PEG ratios below 1.
To read more,
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