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Our 2016 Top Five picks generally did well: GSAT, RDS/B and TRNC all posted good gains...

Reluctantly Picking Favorites for 2017

We firmly believe in the merits of holding a larger and more diversified group of turnaround stocks: This helps reduce the risk from an individual bad selection and the temptation to sell a temporarily weak stock at the bottom. Also, we like all the stocks on our Recommended list, otherwise they wouldn’t be there. There’s another reason (although perhaps not a very scientific one): Just as a team featured on the cover of Sports Illustrated is said to become jinxed, we sometimes worry that the same fate might befall some of our Top Five picks too. 
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This small-cap industrial stock pick's future appears headed toward clearer skies.

Purchase Recommendation - September 2016

This turnaround investing opportunity is a quality company, with typically the #1 or #2 position in its markets--and it is backed by a reasonably solid balance sheet. Valuation is attractive at 13.6x next year’s earnings and 9x 2017 EBITDA.
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These five stock picks are making good strides to adjust to the new environment.

Aircraft Component Suppliers: Ready for Take Off?

The aerospace component industry has undergone considerable changes in the past few years. We are optimistic about overall industry demand, which should provide a tailwind to companies that need to step up their game.
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These seven stock picks have fallen out of favor with Wall Street.

Turning Back the Clock Five Years: Good Companies Whose Stocks Have Gone Nowhere

A lot has happened in the world since July 2011. In addition to recent events like Brexit, we’ve seen oil prices cut in half (twice), China’s growth go from boom to stall, the Taper Tantrum response to fears of the Fed reducing its quantitative easing program and S&P’s downgrade of U.S. debt. We’ve also seen the S&P 500 Index rise by over 55%. Nearly every non-energy company has participated, with some notable stocks increasing by much more...
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In Vote of Confidence, Caterpillar Maintains Dividend Rate

The Board of Directors of Caterpillar (NYSE: CAT) voted to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock, payable May 20, 2016, to stockholders of record at the close of business on April 25, 2016.
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Freeport-McMoRan Announces New Organizational Structure for Oil & Gas Division

Freeport-McMoRan (NYSE: FCX) announced a new organizational structure for its subsidiary Freeport-McMoRan Oil & Gas (FM O&G). The changes are being undertaken to reduce costs, streamline functions and to enhance capital allocation across FCX’s global business in a manner consistent with FCX’s debt reduction initiatives.
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If you like to speculate in low-priced stocks, we suggest these five value investing opportunities.

Low-Priced Stock Volatility: Buyer Beware

Over the past two months we have seen an unusual amount of volatility in some of the lower-priced energy, natural resources and metals stocks. What is causing this volatility? Some of it may be related to “short covering” by hedge funds and others--and some investors may be placing wishful bets on a recovery in natural resource prices.
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Learn George Putnam's Turnaround Secrets

Free Report: Learn Value Investing Secrets Free

Turnaround Investing Blog

Turnaround Investing Blog

How To Find Good Value Stocks When They Are Scarce

With U.S. stocks well into their eighth year of a bull market and the economy showing increasing signs of strength, finding ideal turnaround stocks--those with all three ingredients--can be a needle-in-the-haystack project at best. What is an investor to do in a seemingly barren value stock landscape? 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:

200+ Club: Value Investing Stock Profits with 200% or Better Return

* Bristow remains in our active portfolio (currently as a Hold), and 2,057% gain is as of 11/9/16.

Bet on These Battered Stocks

Battered Stocks/Tribune Logo: Value Investing from The Turnaround Letter Highlighted in the Chicago Tribune

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Chicago Tribune highlighted this Kiplinger's Money Power write-up on George's contrarian investing approach and The Turnaround Letter's April 2016 monthly turnaround stock pick.

 

Darren Fonda notes, "…besieged stocks often start to recuperate as the headlines fade and investors anticipate a return to precrisis sales and profits. The trick, of course, is to find companies that are more likely to rebound from a setback than collapse entirely."

 

Learn more about Putnam's turnaround investing strategy.