Bonds / Post-Bankruptcy Stocks

Investment Philosophy

 

What’s The Turnaround Letter’s investment strategy for double-digit stock profit results?

Since the first Turnaround Letter issue hit the presses back in 1986, George Putnam has always followed the same straight-forward, highly-profitable investment philosophy.

As contrarian investors, we do not to follow the crowd. The Turnaround Letter avoids the “blue chips” and “hot” stocks—instead cherry-picking select “troubled” companies poised for a rebound. The strategy is simple: Beaten down stocks with real value will prevail regardless of the overall market.

Obviously, not every troubled company is going to turn into a success story. Many will liquidate and others languish with depressed stock prices for years. The key to stock profit in turnaround investing lies in skillful analysis and decades of proven experience separating those companies that will recover and, ultimately, return to favor from those that will not.

“Old fashioned common sense is always worth the price.”

- Subscriber Richard S.

Like many things in life, making this distinction is often easier said than done, and The Turnaround Letter’s performance returns and impeccable reputation speak for themselves. George Putnam's flagship investment newsletter will show you how to achieve your own long-term stock market success!

What The Turnaround Letter Does Not Offer

If you’re looking for a trendy, get-rich-quick gimmick, The Turnaround Letter is not for you. We will not guide you to risky start ups, new issues, “penny” mining stocks or speculative options or futures. We focus on quality stock selection, not market timing or speculative investing schemes.

“Yes, this letter is a good place to find stocks

lying low in the doghouse which will come out to play

and to scurry to new heights on a sunnier day.”

- Subscriber William D.

With 30 years of experience under our belt, The Turnaround Letter has developed a highly profitable, yet remarkably straight-forward formula for stock profit. Each and every newsletter issue offers detailed, easy-to-understand and dependable analysis.

More importantly, each month we recommend multiple deeply diversified hot stock picks—each of which meet our pre-determined, highly selective criteria for a turnaround:

  • Value stock opportunity
  • Large, well-known companies
  • Solid core businesses around which stock picks can rebuild
  • Good brand name or franchise
  • Low debt
  • Decent cash flow
  • Good dividends 

“Any success I have had, I give full credit to George Putman.

I have taken the letter for 20 or 30 years.”

- Subscriber Tom. F.

George Putnam uses this simple stock market strategy to bring his readers a 15-year annualized return rate of 11.0% (as of 12/31/15)--versus the S&P 500's 2.9% return during the same stretch. Act now to take control of your own financial security and maximize stock profit potential with The Turnaround Letter!

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.