Why J.C. Penney and Abercrombie & Fitch Are a Taxpayer's Best Friend
If you're a shareholder of J.C. Penney or Abercrombie & Fitch , then you'd be excused for being glum this holiday season, as both companies saw their share prices tank throughout the past year. But there may be a silver lining. As Motley Fool contributor John Maxfield discusses in the video below, given the recently enacted increase in top marginal tax rates for capital gains, it may be a great time to have capital losses to net against gains.
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The article Why J.C. Penney and Abercrombie & Fitch Are a Taxpayer's Best Friend originally appeared on Fool.com.John Maxfield has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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