Track Record

 

You take your investing results seriouslyso does The Turnaround Letter.

Performance is critical. Why else would you buy an investment recommendation?

One of the longest-running investment newsletters on the market today, The Turnaround Letter is also one of the top ranked: As of August 31, 2017, the annualized return on our stock picks over the past 20 years was 9.6%, vs. the S&P 500's 6.9%–continuing to rank The Turnaround Letter as one of the top-performing investment newsletters on the market.

A $10,000 investment in Turnaround Letter stock picks would now be worth more than $55,000!

$56,963 in Turnaround Letter vs. $36,389 in S&P 500

Based on hypothetical investment in all  The Turnaround Letter names as recommended, since 2001. Please see other disclosures on how we calculate performance. Past results are not a guarantee of future returns.

You want to trust that you are seeing an accurate measure of recommendation performance!

With The Turnaround Letter, you see a complete view of all our recommendations, not just the most successful ones. We measure our performance the same way that research teams at mutual funds, investment advisory services and professional investment managers measure their recommendation performance. Like these research-driven institutions, our performance measurement:

  • Includes all recommendations since inception, not just our best or most recent recommendations. View all our closed out recommendations over the past 15 years.
  • Includes transactions costs.
  • Weights all recommendations equally, so each name carries the same impact on overall returns. We don’t have “favorites” among our “favorites.”
  • Is fully documented and fully transparent, allowing you to see exactly what we recommended, when we chose it and why.
  • Allows you to compare our returns to the S&P 500 Index (why bother if the broad market beats your hand-chosen investments?). View Turnaround Letter year-to-year returns since 1991.

You have real-world costs and time constraints. We understand that. To help you generate and keep your profits, our recommendations...

  • Minimize your capital gains taxes by emphasizing long-term holding periods.
  • Minimize your trading costs by focusing on low turnover recommendations.
  • Save you time by recommending only our most attractive ideas, not dozens each week or month requiring you to “research our research.”
  • Remain firm in a volatile market–We stick with our recommendations over the long haul. We don’t yield to short-term market pressures or sell just because the stock price has declined. We do the research and select resilient investments.

[1] Learn more about the methodology used to calculate performance.

You want to sell a stock when it has produced strong profits and reached its potential. Not before. Not after.

Our recommendations are designed to produce strong profits over the long term. That doesn’t mean “forever.” When it is time to sell, we want to capture and keep the gains. In nearly every year, The Turnaround Letter has converted these recommendations into booked profits.

Closed-Out Purchase Recommendations are stocks that have completed the investing cycle, from new Purchase Recommendation through the Sell Recommendation.
Past performance is no guarantee of future results.

You want profits even in volatile markets

Even in the midst of the recently volatile market, several of our closed out purchase recommended stocks have moved up considerably, reaching their potential. This allowed us to book significant gains last year, producing locked-in profits averaging 53% during 2016; and our performance continues to be strong in 2017:

2017's Closed Out Stock Picks Average 32% Gains

Learn & Avoid These 10 Common Mistakes

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

 

stock market advicex

 

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.