Distressed Investing Blog
Distressed Investing Blog RSS FeedRSS

George Putnam, one of the country's leading turnaround and distressed investing professionals, shares his timely insight on the economy and turnaround investing opportunities.

Companies Looking for Trouble: Contrarian Investing Opportunity

Excerpted from the October 2015 Issue
There is growing evidence that Chapter 11 bankruptcies and restructurings are on the rise. The principal drivers for this are the huge amount of debt that has been raised over the last decade, and the sharp decline in commodity prices. An increase in bankruptcies isn’t necessarily a bad thing.
Read More

Consider Taking Tax Losses Now--Beat the Year-End Bounce Rush

Excerpted from the October 2015 Issue
With all the volatility in the stock market this year, many investors probably find themselves holding some stocks in which they have sizable losses. By selling those losers, you can use the losses to offset taxable gains that you may have realized during the year.
Read More

The China Syndrome: Stock Market Volatility & Turnaround Investing Strategy, Part II

Excerpted from the September 2015 Issue
We believe that it is very important not to let the market volatility spook you into bailing out of stocks or taking other similar drastic action. While it may be painful to ride out a sharp downturn, that is the best strategy. The market will recover from any of these downdrafts, usually quite quickly.
Read More

Coal Stocks (and Bonds): A Cautionary Tale for Value Investors

Excerpted from the August 2015 Issue
One approach would be to invest in some of these beaten-up bonds rather than the stocks. For stock buyers, we suggest sticking to the "safest" names in the coal sector--and "safe coal stocks" may remain an oxymoron for some time to come, particularly in light of ANR's Chapter 11 bankruptcy.
Read More

2015 Sale Recommendations Gain 69%

10 of 2015's 12 sale recommendations have seen profits. Four of those stocks--GLW, WEN, FCH and BLDR--enjoyed total returns of 100% or higher, and our readers locked in an average gain of 69% with this year's closed out stock picks.
Read More

Mid-Year Stock Market Update

Excerpted from the July 2015 Issue
The stock market’s narrow trading band may have sapped the enthusiasm from some investors, but given the lack of alternative places to invest right now, we think there will be enough demand to push stocks a little higher from here.
Read More

Cash in on Interest Rate Hike with Bank Stock Picks

Investors have found many things to dislike about banks, such as increasing regulation and low lending margins in these days of miniscule interest rates. I think the banks may be about to fare better, making them one of the few sectors that look cheap in the current market.
Read More

George Putnam's Favorite Stocks for 2016

stock picks

Distressed Investing Blog

Distressed Investing Blog

Comparing Stocks and Bonds

While the common stock of a turnaround candidate usually has the greatest upside potential, other classes of securities, such as bonds or preferred stock, may offer attractive profit possibilities with less risk. Read More.

Your Financial Security is Serious Business...

so why should you trust The Turnaround Letter?

  • The Turnaround Letter's 15-year returns were 11.3%--vs. S&P's 4.4%
  • 30 Years of Turnaround Investing Experience & Reliable Stock Market Advice
  • 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

bank stocks

x

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."

 

Get more stock market advice.