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MSN Money's Michael Brush calls George Putnam one of his two "favorite value managers for the past decade"--and Barron's proclaims, "By focusing on out-of-favor companies, The Turnaround Letter has achieved enormous success for its subscribers." Read more.
Market-beating purchase recommendations and straight-forward and insightful investment advice and analysis have helped thousands of subscribers stay ahead of the pack. Learn more.
George Putnam’s pragmatic, long-term approach offers investors significant returns--double overall market gains, and The Turnaround Letter’s 27-year performance history speaks for itself. Learn more.
The Turnaround Letter’s 15-yr annualized return rate was 10.4%--double the market’s 5.2%
(as measured by the broad-based Wilshire 5000 total-return index).
“By focusing on out-of-favor companies, The Turnaround Letter has achieved enormous success for its subscribers.”
~ Barron’s
“Any success I have had, I give full credit to George Putman. I have taken the letter for 20 or 30 years.”
~ - Tom. F., Subscriber
The Turnaround Letter’s recently closed-out purchase recommendations of US Airways and Terex Corp.
realized respective gains of 249% and 162%.
MSN Money’s Michael Brush calls George Putnam one of his two “favorite value managers for the past decade.”
“Of all the subscription services I utilize, yours has been by far the most profitable and I literally can't wait for it to hit my inbox every month. You've made a believer and life-long subscriber out of me.” ~ Russ N., Subscriber
Dick Davis’ Investment Digest selected The Turnaround Letter’s Office Max stock pick as its
“best performer (by far)” for 2012—beating out 50 reputable competitors.
“Old fashioned common sense is always worth the price.”
~ Richard S., Subscriber
In 2012, The Turnaround Letter saw 27.48% in returns—compared to Wilshire 5000’s 16.06% returns.
Beaten down stocks with real value will prevail regardless of the overall market. We focus on stock selection not market timing.
Turnaround Letter Performance Compared to S&P 500

This title insurance small-cap is poised to benefit from the ongoing housing market’s recovery. Corporate financials look solid, its valuation is cheap and management is focused on cost-efficiency.
This retail mid-cap is ready to take advantage of its scale and brand to grow profitability and bring value to its long-suffering shareholders. We recommend buying this stock up to 4.
This mid-cap has strong commitment to returning shareholder value.
I don’t normally comment on individual stocks in this particular blog, but the MGIC situation represents a basic investment principle that is worthy of discussion here.
Read More.Price-to-Earnings ratios are probably the most widely used tool for comparing the relative values of different stocks.
Read More.This question comes up frequently when the market takes a dip.
Read More.Diversification is especially important with turnaround stocks because these situations inherently have more uncertainty than many other types of investments. Learn how you can use mutual funds for ready-made diversification.
In this free trial issue of The Turnaround Letter, George recaps 2012’s stock market activity and forecasts a generous S&P gain—cautioning against one securities class.
George shares his own tried and true strategies for spotting turnaround stock profit opportunities. All reports are free to subscribers! Download now.
Written exclusively for Turnaround Letter readers, these tips cover convertible bonds, warrants, IPO’s, post-bankruptcy stocks—and more! Read turnaround tips now.
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