About New Generation Research, Inc.

George Putnam Informal

New Generation Research, Inc., is a leading provider of bankruptcy and distressed securities publications, products and services.  Founded in 1986 by George Putnam, III, New Generation Research, Inc. has established itself as the preeminent source for in-depth information on corporate bankruptcies and distressed companies.

The Turnaround Letter was New Generation Research’s pioneer product with the first issue being mailed to subscribers in July of 1986.  The goal of The Turnaround Letter then and today is to provide insight into potential turnaround situations and to recommend stock purchases that we feel have potential for large and/or imminent increases.  The Turnaround Letter’s analytical techniques do not neatly fit into a defined category such “technical” or “fundamental.”  Rather we look at all the available information, price and volume history, financials, management, legal background, economic climate and a number of other items in search of clues that a turnaround is imminent.  The Turnaround Letter's track record speaks for itself, over the last 20 years our recommendations have outpaced the recommendations of every other investment newsletter on the market except for one.

The growth in popularity of The Turnaround Letter over the next 29 years coincided with the growth of New Generation Research as a business.  Numerous other products and services were launched, all related to corporate bankruptcy and distressed and turnaround situations, including: Bankruptcy Week, BankruptcyData.com, The Bankruptcy Yearbook & Almanac, the Distressed Company Alert, custom bankruptcy research and consulting.  Additionally, New Generation Research houses and maintains the industry’s most extensive corporate bankruptcy research database and provides corporate bankruptcy data to numerous data aggregators such as LexisNexis and Westlaw.  

George Putnam's Favorite Stocks for 2016

stock picks

Distressed Investing Blog

Distressed Investing Blog

2015 Bankruptcy Recap: 46% Increase Fueled by Oil & Gas/Mining Industry--Further Uptick Predicted

Looking back at 2015, research reveals a 14% decline in overall business bankruptcies but a 46% uptick in public company Chapter 11 filings—with a striking 51% of those filings coming from the battered Oil & Gas/Mining sectors. Economic indicators point to further increases in corporate bankruptcy, in general, and Energy-related filings, in particular. Just a few days into 2016, this viewpoint has already been validated by Arch Coal's long-awaited $8 billion Chapter 11 filing—and continuing oil price plummets severe enough that OPEC will likely convene an emergency meeting to address "shattered" economies. Read More.

Your Financial Security is Serious Business...

so why should you trust The Turnaround Letter?

  • The Turnaround Letter's 15-year returns were 11.0%--vs. S&P's 2.9%
  • 30 Years of Turnaround Investing Experience & Reliable Stock Market Advice
  • 2015's Closed Out Purchase Recommendations Averaged 53% Stock Profit
  • Diverse Monthly Stock Picks Personally Selected by George Putnam

Spotlight: Junk Bond Market

stock market advice

MarketWatch's Mark Hulbert recently tapped George's distressed investing expertise to determine the fate of the junk-bond market and what its nearly three-year decline likely means for your portfolio.

 

Hulbert writes, "What’s really going on? For insight, I turned to George Putnam, an expert in distressed-company investing. His Turnaround Letter advisory service has handily beaten the stock market over the past 15 years, according to the Hulbert Financial Digest’s tracking, by an impressive margin of 7.3 percentage points a year on an annualized basis."

 

Commenting on the rapid growth of high-yield exchange traded funds (ETF's), Putnam notes, "They have become the investment vehicle of choice for short-term investors….Those investors tend to be trend followers and, therefore, are just the opposite of being contrarian."

 

Read the full MarketWatch junk-bond article to find out what George thinks these recent indicators likely mean for future distressed investing profit.