Portfolio Trade Alert For 11-29-21
Top 10-Buys and Sells From TPA Research
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November 22, 2021
*** Portfolio Trading Alert *** – Equity Model Only
We sold Verizon (VZ) in the equity model this morning for tax-loss harvesting. We have a lot of gains to offset this year from profit-taking. While we like Verizon fundamentally, particularly the 4% yield, we think it could continue to trade weaker over the next couple of weeks as mutual funds and professional managers do the same. We will likely buy it back in a month as it should benefit from the infrastructure bill and a potential shift to value next year.
- Sell 100% of Verizon (VZ)