Automobiles & Components

Auto Components, Automobiles

ARTICLES

This company's stock doesn't need a turnaround but it is valued as if it does.

Purchase Recommendation - August 2016

This automotive mid-cap's shares are among the cheapest in the market. The company has a relatively low level of debt, will likely produce over $400 million of free cash flow this year and is growing its organic revenues at a 4% annual rate. We think the wheels will keep rolling with this high-quality company, and when investors recognize that, the stock price should move up nicely.
Read More
Time to lock in more than 100% stock profit.

Sale Recommendation - June 2016

This small-cap's stock has surged over the last month and a half on the back of better-than-expected 1Q16 earnings.
Read More
This large-cap's shares trade at 19.9x earnings and only 7.7x cash flow.

Purchase Recommendation - March 2016

This value stock pick's future looks much brighter than its past troubles imply: The company has many valuable assets, and its solid balance sheet provides financial flexibility. The catalyst to unlocking the value in these assets is the new CEO who is bringing a renewed sense of urgency and focus to the company. We also like the presence of a respected activist investor who has recently become a 10% shareholder and is pressing for a board seat. That presence should help keep the company focused on delivering strong results.
Read More
We think this stock price could go higher but wouldn’t chase it here.

News Notes & Updates - March 2016

This stock pick is moved to hold as a result of a high-profile shareholder's purchase offer.
Read More

DOCUMENTS AND FILES

Bankruptcy Investing

Learn George Putnam's Turnaround Secrets

stock picks

Turnaround Investing Blog

Turnaround Investing Blog

Don't Make Too Much of Price History

It can be tempting to look at a depressed stock and think, “it used to trade at 40 and now it’s at 8 – therefore it must be a bargain.” Unfortunately, the fact that a stock once traded at a higher price does not guarantee that it will ever get back there. One big reason that a stock trades so much lower than before: its earnings potential or assets have deteriorated. Without some fundamental improvement, the share price will continue to lag, or worse. Read More.

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

value stock

x

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.