Learn how to choose stocks with the best value!

Download George Putnam's free e-report: "Distressed Investing: Exploring the Profit Potential." 

Learn why the turnaround letter is
the best kept secret on the web

Read what others are saying » Get the current issue »

Previous

Drew Industries is the newest member of The Turnaround Letter's growing "200 Club"—yielding 204% stock profit. Other stock picks include Builders FirstSource, Delta, US Airways & Marvel.

"For almost three decades, George Putnam has been finding value at the bottom with his Turnaround Letter." ~Money Show

The Turnaround Letter's return on stock purchase recommendations over the past 15 years (as of 7/31/17) was 12.6%—vs. the S&P's 8.9%.

Beaten down stocks with real value will prevail regardless of the overall market. We focus on stock selection not market timing.

The Turnaround Letter's August sale recommendation, STAY, brought readers 60% stock profit.

"By focusing on out-of-favor companies, his flagship publication, The Turnaround Letter, has achieved enormous success for its subscribers." ~Barron's

Thus far in 2017, Putnam's sale recommendations have locked in an average of 42% stock profit for Turnaround Letter readers.

"Old fashioned common sense is always worth the price." ~Subscriber Richard S.

"Are you a contrarian—someone who can see value in stocks that no one else likes? If so,The Turnaround Letter is your baby." ~Kiplinger Personal Finance

The Turnaround Letter's approach is simple: Putnam avoids the "blue chips" and "hot" stocks that most investors are clamoring to buy.

Next

Investing with The Turnaround Letter

The Turnaround Letter is a monthly newsletter that makes money for its subscribers by providing investment insight, advice and stock purchase recommendations. Written for more than 30 years by George Putnam, III, The Turnaround Letter has had the longevity and proven track record necessary to gain the confidence of thousands of investors and industry experts.

Sample Newsletter

  • The Turnaround Letter's 2017's closed out stock picks gained an average of 42% to date (through 7/31/17).
  • The Turnaround Letter's closed out stock picks from 2002 through 2017 have gained an average of 64% (through 7/31/17).
  • The 15-year annualized return on The Turnaround Letter's monthly stock purchase recommendations is 13%, vs. the S&P 500's 9% (as of 7/31/17).
  • Since inception, the annualized return on The Turnaround Letter's monthly stock purchase recommendations is 12% (as of 7/31/17).
  • A $10,000 investment in Turnaround Letter stock picks 15 years ago would be worth more than $50,000 today. 

With your subscription you’ll receive George’s exclusive “Pick of the Month” along with articles highlighting stocks that have great turnaround potential. You’ll also gain access to the entire online archive of Turnaround Letter issues, picks and industry insights.

Meet George Putnam

George Putnam’s Advice for Buying Turnaround Stocks

A graduate of both Harvard Law School and Harvard Business School, George first became involved with distressed securities as a corporate bankruptcy attorney in the late 1970’s. Later he founded New Generation Research, Inc. and started publishing The Turnaround Letter in 1986.

The 12.6% annualized return (as of 7/31/17) on his Turnaround Letter stock recommendations over the last 15 years makes The Turnaround Letter one of the top-performing investment newsletters for that period of the approximately 200 on the market today. Putnam has been recognized as USA Today's "Investment Advisor of the Year" and is frequently quoted in numerous financial publications and news outlets including the following:

Click the logos below to see George in the news:

  • Market Watch's Reports on George Putnam’s Turnaround Stocks
  • MarketWrap on George Putnam’s ESG Stock Picks
  • Fox Business Reports on George Putnam’s Turnaround Stocks
  • Bottom Line Inc Reports on George Putnam’s Turnaround Stocks
  • Kiplinger Reports on George Putnam’s Turnaround Stocks
  • MoneyLife Radio
  • Money Show Reports on George Putnam’s Turnaround Stocks
  • Chicago Tribune

George's Stock Picks

August Recommendation

We believe the stock market has missed several critical parts of this value stock's story. Plus, its cash flow is healthy and the balance sheet, with just $395 million of debt, is only about 1.2 times EBITDA and partly offset by $90 million of cash. The small-cap also holds a surplus real estate portfolio worth perhaps $80 million. Like any contrarian stock, this month's purchase recommendation is not without risks; however, with its heavily discounted valuation and tremendous brands it wouldn't take much good news to handsomely reward shareholders. 

Learn More »

June Recommendation

This small-cap stock pick disappointed investors almost from its first day as a public company, yet the Company has a lot of contrarian investing appeal: First, the accumulation of black marks has completely soured investors, leaving its shares trading at only 6.4x current year EBITDA. Further, its balance sheet and positive cash flow give the Company plenty of time for the fundamentals to rebound. With its considerable financial and operating leverage, this value stock is well-positioned to benefit from several further opportunities.   

Learn More »

Turnaround Investing Blog

The Turnaround Letter Takes a Look at Activist Investors

With nearly $180 billion in assets under management, “activist” investment funds have become a powerful force in the capital markets: Nearly 40% of companies in the S&P 500 attracted activist attention in recent years. According to Activist Insight, 320 companies in the U.S. experienced an activist campaign in just the first half of 2017; but who, exactly, are these activists, what are they after, and what role do they collectively serve? Read More.

Investing in Post-Bankruptcy Stocks


Post-bankruptcy stocks represent an interesting investing sector because they operate in such an inefficient niche and often move independent of the overall market. Even though many companies take advantage of the Chapter 11 process to reshape their businesses and balance sheets to emerge as a stronger and more competitive entity, investors are often biased against post-bankruptcy situations because of their troubled past.   Learn more.

Post-Bankruptcy Stock Index vs. The S&P 500

 
                   

Powered by Quovo