Small Cap / Commercial & Professional Services / Materials
PRST Listing Transfer to NASDAQ Capital Market
Presstek Stock Listing to NASDAQ Capital Market Announced
On April 19, 2012, Presstek, Inc. (NASDAQ: PRST ) announced that its application to transfer the listing of its common stock from The NASDAQ Global MarketÂ® to The NASDAQ Capital MarketÂ® has been approved by NASDAQ.
George Putnam's Favorite Stocks for 2016
Distressed Investing Blog
The best environment for turnaround stocks is when the economy is just beginning to improve after a slowdown. As broad economic conditions improve, the weakness of turnaround companies can become their strength as they benefit much more than healthier companies. Their sharper recovery can lead to outsized share price gains relative to other stocks.
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The Turnaround Letter's 15-year returns were 11.3%--vs. S&P's 4.4%
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2016's Closed Out Purchase Recommendations Averaged 49% Stock Profit
Diverse Monthly Stock Picks Personally Selected by George Putnam
Banking on a Financial Sector Turnaround
MoneyShow.com recently tapped George's favorable opinion for a banking industry rebound. In "Turnaround Expert's Banking Bets," Steve Halpern highlights a trio of Putnam's top stock picks from the battered financial sector.
George reminds value investors: "Fortunately, many of the factors...just aren't present in the market, and the other reason that investors seem to be down on the banks is they sort of expected the Fed to raise interest rates a little faster than they have. And the banks do better when interest rates are rising because they have wider margins on their loans, but I think the Fed will gradually raise rates to we will see profits improve, and so I think this downturn is really temporary."
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