Bankruptcy/Chapter 11 / Banks
/ Post-Bankruptcy Stocks
Washington Mutual Plan, Settlement Agreement Filed
Washington Mutual filed with the U.S. Bankruptcy Court a Seventh Amended Joint Plan and related Disclosure Statement. One of the Plan Exhibits is a Second Amended and Restated Settlement Agreement...
Learn George Putnam's Turnaround Secrets
Turnaround Investing Blog
There is no easy way to determine how much patience is appropriate; but if your turnaround is well into its fourth year without meaningful progress, it could be time to move on.
Market-Beating Profit: The 200+ Club
Turnaround stocks present a unique opportunity for savvy investors to buy in at bargain prices. Take a look at this list of just a few of our purchase recommendations that have realized a return rate of 200% or better:
* Bristow remains an our active purchase recommendation, currently as a "Hold," and 1,928% stock profit is as of 8/11/16.
Retail Turnaround Trio
MoneyShow.com interviewed George to learn more about his favorite value stock picks for today's market. In "Retail Turnaround Trio," Steve Halpern highlights three of The Turnaround Letter's recently-profiled retailers: JWN, TIF and SPLS.
Putnam notes, "Well the retailing sector is undergoing very fundamental change as people move away from the bricks and mortar mall doors to buying more and more online but that's not going to wipe out all of the old-fashioned retailers. Starting the middle of 2015, investors just moved away from retailers en masse and a number of them are trading at about half the level they were a year ago. We thought some of the higher quality names that definitely will be survivors looked interesting."
Learn more about these three retail stocks poised for a turnaround.
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