This stock pick is down by more than 20% from its mid-summer high, and the company boasts a rock solid balance sheet and pays a generous dividend. Its business is also well diversified, which helps to reduce the risk. There is also the added bonus of a restructuring program a few years back—putting the company in a better position than many of its competitors. We believe the decline in this stock's pricing over the last six months provides a great opportunity to add a first class company in an important sector to your portfolio.
A variety of companies with heavy debt loads face significant debt maturities in 2015 and early 2016. If volatility continues in the credit markets, these companies may not be able to refinance the debt when it comes due, and they will be forced to file for Chapter 11 bankruptcy.
Just as we are always hesitant to make a stock market forecast, we never like to pick out just a few of our stock picks as favorites. Around this time of year, however, we get persuaded to do it anyway.
We believe that no investment newsletter can get away without making a stock market forecast this time of year. Therefore, after considering the various market currents and counter-currents, we predict that the S&P 500 Index will rise by…
Looking to cash in on timely tax loss selling and portfolio window dressing? These 10 year-end bounce stock picks represent the worst performers in the S&P 500 during calendar 2014, adjusted somewhat so that there is good diversification by industry group.
Free Stock Picks
George Putnam has always followed the same straight-forward and highly-profitable investment philosophy. He published his first Turnaround Letter issue back in 1986, and readers have seen extraordinary long-term stock profit ever since.
In fact, 12 of 2014's 13 closed-out purchase recommendations saw gains--with five of those enjoying total returns greater than 100%. The Turnaround Letter's average return for 2014's stock picks is +82%: