What is a turnaround stock?

Wondering where to invest your hard-earned money in today’s economy? Turnaround stock picks should be a part of every well-diversified portfolio, and The Turnaround Letter’s 43% average annual profit on 2016's (through 10/13/16) closed out purchase recommendations demonstrates why.

Lucrative stock profit potential can be found among temporarily out-of-favor companies. The strategy with turnaround investing is relatively simple: Beaten down stocks with real value will prevail regardless of the overall market and/or short-term set backs. Of course, not all distressed companies meet our selective criteria for a potential turnaround opportunity. For a down-and-out stock to offer true contrarian potential, the company must be poised for a rebound--and that is where The Turnaround Letter can help.

You need trustworthy, straight-forward stock market advice. George Putnam has offered precisely that for the past 30 years, successfully separating the wheat from the chafe to uncover extraordinarily profitable stocks. In fact, The Turnaround Letter's 15+-year 11.63% annualized return (as of 9/30/16) is nearly double the S&P 500's, making The Turnaround Letter one of the top performing investment newsletters on the market during that stretch!

Prudent turnaround investing choices in

Bull and Bear Markets.

Not only do individual investors shun turnaround stocks, so do banks, insurance companies, pension funds and Wall Street, in general. Unlike with the heavily-analyzed and traded "blue chips," Main Street investors truly can--and do--realize substantial gains with turnaround stocks. MarketWatch recently explored why value/turnaround stocks grow in both bull and bear markets; and why top advisors, like George Putnam, "do not engage in market timing."

…but what about risk?

The Turnaround Letter knows that your financial security is serious business. While all investing requires some speculation, George Putnam’s approach minimizes that inherent risk. We believe there is much less risk in a “troubled” stock, which has already been hammered down by the market, than in a “hot” stock trading at 30 or 40X earnings.

The bigger they are, the harder they fall.

A hot growth stock can come crashing down with even the slightest rumor, bad news or perhaps even good news that wasn’t quite as good as Wall Street anticipated. A stock that is already perceived as troubled, however, may hardly budge on that same news. With turnaround stocks investors have already anticipated the worst. In other words, a little more bad news is unlikely to impact that otherwise appealing turnaround stock.

“A pessimist sees the difficulty in every opportunity;

an optimist sees the opportunity in every difficulty.”

~ Winston S. Churchill

Having said that, turnaround investing is not without pitfalls. Not every distressed investing situation is going to result in a glowing success story, which is why it is imperative to invest wisely. George Putnam’s Turnaround Letter offers the reliable, proven expertise you need, and its 15+year average annual return rate of 11.6% (as of 9/30/16) means you can confidently invest in these turnaround stocks poised for long-term profit.

We know there are plenty of investment options available out there. George Putnam's Turnaround Letter is here to help identify turnaround stock picks for market-beating results.

Learn George Putnam's Turnaround Secrets

stock picks

Turnaround Investing Blog

Turnaround Investing Blog

Chicago Cubs Demonstrate the Value of Leadership in Organizational Turnarounds

Leadership matters. Whether in sports or in business, an organization is not just a collection of people, cash, physical property, intellectual property and other assets. Not every new management team is highly capable and new leadership cannot always overcome dire strategic situations or the quagmire of a decaying industry; but without good leadership, no business can prosper for long--much less survive. 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 in our active portfolio (currently as a Hold), and 2,017% gain is as of 10/20/16.

Retail Turnaround Trio

value stock


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.