The Turnaround Letter is Your Ticket to Value Investing Success

For over 30 years, George Putnam and The Turnaround Letter have helped investors make money by offering market-beating stock purchase recommendations and investment insight on out-of-favor stocks that have real long-term growth potential. Over the past 15 years George’s readers have seen an annualized return rate of 11.4% (as of 6/30/17)—vs. the S&P's 8.1%, ranking The Turnaround Letter among the top-performing investment newsletters on the market

Michael Brush of MSN Money has called George “one of his two favorite value managers for the past decade.” Investment advisor guru, Mark Hulbert of Dow Jones’ MarketWatch recognized George as one of the best performers for his ability to pick value stocks—stocks that are selling for low prices relative to their book value—and stay fully invested with those stocks until a maximum return is achieved.

George’s stock recommendations are based on a proven investing strategy that values company fundamentals, not stock price or market timing. This smart investment philosophy pays huge dividends for his subscribers.

Learn more about The Turnaround Letter’s performance.

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Free Report: Turnaround Investing Mistakes

Turnaround Investing Blog

Turnaround Investing Blog

A Closer Look At Two Activist Campaigns

Watch to see if ADP’s CEO Carlos Rodriguez inadvertently helps Pershing, and his aggressive and sometimes personal stance against Ackman could backfire. Overall, because of the stock’s strong returns and Ackman’s weak credibility, we would give this activist campaign a low chance of making ADP a successful turnaround investment. For turnaround investors, the Trian campaign appears to have a win-win opportunity for investors--either Peltz joins the board and learns enough to re-invigorate P&G, or loses and management must either execute (boosting earnings and the shares) or they will face a more drastic proxy campaign with higher odds of success down the road. We think the P&G campaign could turn out well for shareholders.  Read More.

Warrants: A Solid Investment Opportunity

Warrants provide a valuable tool for the savvy investor. When selected and implemented well, they can be a smart addition to a diversified investor’s portfolio. Like options, warrants are not equity. They only convey the right to buy equity. As such, neither holder is entitled to dividend rights, pre-emptive rights, proxy voting or any share of any liquidation.

 

Value Investing

 

Warrants' return potential can be very high, but they also carry significant risks. Learn what they are, how they work, strategies to minimize risk and find profit with warrants.

Here's Why You Should Invest in Asset Managers

 

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This Forbes article cites a recent MoneyShow write-up that recommends investors take advantage of the strong stock market and potential interest rate hike by "putting some of your investment assets into the shares of asset management stocks."

 

The article praises The Turnaround Letter's OAK purchase recommendation and quotes George Putnam: "As the corporate debt binge that we’ve experienced since 2009 comes to an end, Oaktree will benefit from a growing number of restructurings and bankruptcies."  

 

Learn more about Putnam's investing success with turnaround stocks.