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 more than 29 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 12.3% (as of 06/30/15)--that’s 5x greater than the S&P 500's 2.2% return during the same stretch. Act now to take control of your own financial security and maximize stock profit potential with The Turnaround Letter!

Free Report

George Putnam has suceessfully invested in distressed companies for nearly 30 years and The Turnaround Letter's market-beating returns demonstrate the profit potential. He knows all the pitfalls, too--which he shares in this free report!

stock market advice

stock market advice

Distressed Investing Blog

Distressed Investing Blog

Are the "Experts" Usually Wrong? Time to Buy Emerging Markets?

If you look longer-term--both backwards and forwards--emerging markets look like much more promising investments...and many of the stocks have decent dividend yields to compensate you in case you have to wait a while for a rebound. Read More.

Your Financial Security is Serious Business...

so why should you trust The Turnaround Letter?

  • Ranked as #1 Performing Newsletter for 15-Yr. Returns: Turnaround Letter's 12.3% vs. S&P's 2.2%
  • 29+ Years of Turnaround Investing Experience & Reliable Stock Market Advice
  • Diverse Monthly Stock Picks Personally Selected by George Putnam

Act Now on Tax Losses

Beat Year-End Bounce Rush


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

Value Stock Profit

Most individual investors consider this investing strategy in December, which means that this tax-loss selling could push the price of some of these stocks even lower--meaning you probably do not want to be selling your losers then. In fact, savvy contrarians should consider buying some of these beaten down stocks to take advantage of that tax-generated downward pressure that goes away on January first.