5 DEPRESSED STOCKS TO BUY NOW AND PROFIT FROM THE JANUARY EFFECT
Stocks in this article include Apple (AAPL), Clearwire (CLWR), Coldwater (CWTR), OmniVision (OVTI), Reach Search In Motion (RIMM), and Sprint (S). The January effect is a money making opportunity in the stock market. This effect tends to cause prices of some stocks to rise more than the averages in the month of January. There are two explanations for this phenomenon. First, tax sensitive investors sell depressed stocks prior to the year-end to take capital losses on their tax returns. This tax related selling further depresses prices of the already depressed stocks. Second, Wall Street professionals get big bonuses in the