Investors are selling off stock positions lost in an attempt to cut their 2022 tax bill — and that could create an attractive buying opportunity for bargain hunters. As the year draws to a close, investors turn their attention to a strategy known as tax-loss harvesting in their taxable brokerage accounts. This involves selling off losing positions in your portfolio and then using those losses to offset capital gains made elsewhere. The tech sector, in particular, is looking ripe for a taxable sale, having fallen more than 23% this year. In order for investors to claim these losses on their tax returns, they must avoid breaking the wash-sell rule. That is, if you sell your investment at a loss and buy an asset that is essentially the same as the investment within 30 days before or after the sale, you will not be allowed to claim the loss. Morgan Stanley highlighted stocks that could be good candidates “ripe for buyback” after investors realized their tax losses. The company screened for names that had lost more than 20% this year and were rated overweight. Todd Castagno, global valuation, accounting and tax strategist at Morgan Stanley, wrote in a Nov. 18 note: “Stocks sold off with positive ratings from analysts and developers. Favorable prospects may receive positive bids in the interim.” Here are 10 names that could be top candidates to buy, according to the company. Alphabet, Google’s parent company, is down 32 percent this year. Back in October, tech stocks suffered their worst day since March 2020 after Alphabet fell short of revenue and profit expectations in the third quarter. Activist investor TCI Fund Management also recently called for Alphabet to cut headcount and reduce costs. Morgan Stanley’s Brian Nowak cut his price target on Alphabet last month to $125 from $135. However, he maintained his overweight rating and noted that “overshooting can take patience.” Meanwhile, Disney, which met Wall Street’s expectations for revenue and profit, was also on Morgan Stanley’s list. The company reiterated its overweight rating on November 21 after Bob Iger returned to his position as CEO at Disney. Shares are down 36% in 2022. “Bob Iger has a chance to finish what he started – transform Disney’s media businesses from traditional distribution to streaming, quickly , profitable and facing increasing cable cutting,” wrote analyst Benjamin Swinburne in a research note. “Iger’s return “improves the risk/reward for DIS stock,” he added. Advanced Micro Devices also caught the attention of Morgan Stanley. According to FactSet, semiconductor stock fell short of Wall Street’s estimates for earnings per share and revenue for the third quarter and offered guidance for the fourth quarter on revenue that came in below expectations. Shares have plummeted in 2022, down more than 47%, but Morgan Stanley remains positive. Analyst Joseph Moore wrote in a November 2 note, “Continued PC weakness in the fourth quarter weighed heavily on the numbers and the dust hasn’t completely dissipated, but growth is modest.” data center in Q4 will be a relief.” “We like the stock for next year’s server profits.” -CNBC Michael Bloom contributed to this story.