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  5. ABBV: I just sold the above stocks to harvest tax losses. [AbbVie Inc.]
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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I just sold the above stocks to harvest tax losses. I intend to repurchase them in 30 days. How important (or prudent) is it, in your opinion, to purchase proxies for them? What could you recommend if your feel it is useful to do so?

Appreciate your insight.

Paul F.
Asked by Paul on October 26, 2023
5i Research Answer:

It is a bit trickier because of the timing, as all three report earnings prior to a 30 day window if sold this week. Utilities do not really move that much, on average, and AQN/BEPC we think could be done without a proxy. LNTH tends to move a lot more generally. But the sector is beaten up, and not many are as cheap as LNTH right now. ABBV we think would be a safe place to go for 30 days. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in LNTH.

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