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George Putnam, III has been sharing market-beating stock recommendations and timely commentary since 1986. One of the longest-running investment newsletters on the market today, Putnam's Turnaround Letter is also one of the top ranked: The annualized return (as of 3/31/18) on Turnaround Letter stock picks over the past 15 years is 13.5%, vs. the S&P 500's 10.3%--making The Turnaround Letter one of the top-performing investment newsletters of the nearly 100 monitored by Dow Jones' Hulbert Financial Digest.

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Subscriber Benefits

  • Market-beating purchase recommendations. The annualized return of The Turnaround Letter’s purchase recommendations is nearly 13% over the last 15 years and more than 12% over both the last five-year and 12-month periods.
  • Timely market commentary and insight directly from George Putnam, III, the nation’s leading turnaround investor. George educates his readers on the ins and outs of turnaround opportunities and helps them understand the unlimited growth potential of these undervalued companies poised for reversal, rebound, and recovery.
  • Updated goal prices and tracking on recommended stocks.
  • 24/7 subscriber-only access to, which houses the industry’s largest collection of turnaround investing advice and commentary.


What is
Turnaround Investing?

what is turnaround investing

Turnaround investing is the process of looking for investment opportunities in solid but down-and-out companies that are poised to rebound: companies that Wall Street unjustly hates for one reason or another. Turnaround investors who get in when the stock prices are near bottom can ride these investments for hefty gains on the way back up.


Recent Stock Pick Returns

Each year many of Wall Street’s biggest gainers are established but troubled companies that turn themselves around. Of course not all of our stock picks perform this well, but listed below are eight recent “closed out” recommendations and their corresponding return rates (from price at the time of purchase recommendation through that at the time of sale recommendation):