Q: Do you have a blog entry or past question response related to US listed opportunities that could benefit from the end of tax loss selling? If not, can you provide 10 opportunities that would benefit specifically from this seasonal event? Can you also explain the extent to which tax related selling and potential rebounds occur in the US compared to the Canadian market? Is it just as likely or less likely based on the size of their market and different tax system? Lastly and on the same theme, if CSU is an excellent candidate for a recover from tax related selling, is NOW a US listed candidate for a rebound on a potentially larger scale given the larger following that it has?
5i Research Answer:
This question references some US tax-loss ideas. This blog highlights Canadian ideas.
Tax loss exists similarly in the US; however in the US capital gains are split into short term/long term boxes, so there is a bit more incentive to hold longer term (lower tax rate) than in Canada. We would consider both CSU and NOW as good bounce canadidates.