The worst of the stock market's laggards this year could rebound to start 2025, according to Wolfe Research. As the year winds down, so does investors' practice of dumping their biggest losers late in the year to realize capital losses and then use them to offset capital gains and save on taxes. This move is known as tax-loss harvesting . The names that saw the sharpest declines in 2024 could jump to start the year, according to Chris Senyek, chief investment strategist at Wolfe.
Shares of Dollar General and its competitor Dollar Tree have also suffered this year as low-income customers' wallets felt the squeeze from inflation. Bank of America recently dialed back its EPS estimates on Dollar General for the 2026 fiscal year to $6.15 from $6.90, citing 2025 expense pressures, including the return of incentive compensation and wage rate increases.
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