Materials Stocks: Tsx Range and Canadian Investors

materials stocks: Canadian investors could do worse than looking at stocks that may have gotten crushed by tax-loss selling, according to The Toronto Star. Tawny Sinasac The companies on the list are mainly energy and materials stocks, since the main sectors contributing to the year-to-date decline in the TSX range from materials and energy to consumer discretionary and financials. The Canadian S&P TSX is down more than 6% year-to-date and has created opportunities for investors to consider several stocks that have probably been hit by tax-loss selling, according to Canaccord Genuity's Canadian Research team. The List The complete list of Canadian stocks with potential opportunity due to tax-loss related selling, based on their year-to-date underperformance Article Continued Below Maxar Technologies, -70%Real Matters, -66%Crew Energy, -62%Crescent Point Energy, -48%Turquoise Hill Resources, -41% Hudbay Minerals, -40%Ivanhoe Mines, -38% Article Continued Below Dollarama, -33%CI Financial, -33%Baytex Energy, -31%Bird Construction, -31%Stuart Olson, -28%Cogeco Communications, -26%Goldcorp, -22%Canadian Natural Resources, -21%Manulife Financial, -16%Kinaxis, -12%The Switch Trades Canaccord also highlights 2 switch trades that have emerged from tax-loss selling. The team recommends switching to Secure Energy Services down 35 percent year-to-date from Calfrac Energy fell 7 percent year-to-date . Another potential switch trade is out of Pembina Pipeline down 2 percent year-to-date and in to Alta Gas down 45 percent year-to-date . Report an error Journalistic Standards About Us TOP STORIES, DELIVERED TO YOUR INBOX.NEW NEWSLETTERHEADLINESSIGN UP (news.financializer.com). As reported in the news.