The Year-End Tax-Selling Strategy

Benzinga recently identified Endo International plc ENDP, First Solar, Inc. FSLR, Tripadvisor Inc TRIP, Vertex Pharmaceuticals Incorporated VRTX, Perrigo Company plc PRGO and Under Armour Inc UAA as this year's six worst-performing S&P stocks.

These companies are ready to move forward and leave 2016 in the dust, but the year's final minutes might have still poorer fortunes waiting.

Investors are about to employ annual tax-selling strategies to realize capital losses before the taxable trading year ends. This process entails selling assets with capital losses to offset the gains of other investments, thus limiting the eventual tax burden.

The last day of the year is the last opportunity to lock in capital losses, so over the next hour, investors will shed their portfolios' under-performers.

This may translate into greater losses for the worst-faring shares.

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