Turnaround Investing Blog

George Putnam, one of the country's leading turnaround and distressed investing professionals, shares his timely insight on the economy and turnaround investing opportunities.

Post-Bankruptcy Stocks / Stocks That Pay Dividends

Top Value Stocks for 2017--Free E-Report

Although George hates to choose favorites among his stock picks, The Turnaround Letter recently released this free e-report: Top Five Turnaround Stocks for 2017, which includes several post-bankruptcy value stocks poised for a rebound.

Iconic shoe creator Crocs (Ticker: CROX) is also on Putnam's list of stock picks. While Crocs’ share price reached a high of $74.75, the success was short-lived. The price reached a low of $0.94 due to declining fads. However, due to a new management team and $200 million cash infusion from private equity firm Blackstone, The Turnaround Letter believes that this stock is ripe for a turnaround.

Says Putnam, "Our focus is on finding attractively valued stocks that are driven primarily by their company-specific fundamentals, rather than by the stock market, broad economy or other outside factors."

In previous years, The Turnaround Letter's stock predictions have generally delivered strong returns--with three out of 2016's top-five five picks gaining at least 20%. Putnam's Top Five Turnaround Stocks for 2017 is the perfect tool to grow your turnaround investing portfolio and lock in stock profit in a potentially turbulent stock market.

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Identify & Profit from Distressed Investing

Free Report: Turnaround Investing Mistakes

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Amazon = US GDP 1970

Amazon joined Apple in reaching a $1 trillion market capitalization. $1 trillion is about the same as the total value of New York City property and the total value of loans at JP Morgan, the nation’s largest bank in terms of assets. Jeff Bezos’ $160 billion stake would place him (personally) as the #33 largest company in the S&P 500 in terms of market cap, next to Coca-Cola, Disney and Netflix. We aren’t bold enough to predict whether the shares will continue upwards or if they are in a bubble reaching maximum inflation. Setting aside for a moment their investment prospects, let’s admire the truly remarkable milestone that these two companies have reached. Read More.

EV/EBITDA: What Is It & Why Are We Using It More?

In reading recent editions of The Turnaround Letter, you have probably noticed that we are increasingly using EV/EBITDA as a valuation measure, rather than the better-known price/earnings multiple.  We thought it might be useful to describe this measure and why we like it.

Read More.

Turnaround Letter Stock Pick Named Top Performer of 2017


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What Last Year's Top Stock Pickers Are Buying in 2018


This Forbes write-up follows up on the recent Top Stock Tips report--naming The Turnaround Letter's Crocs recommendation the top performer of 2017: With 90% gains, CROX beat out 100 other investment ideas included in the report; and the stock continues to have value investing appeal, according to Putnam.


George notes, "We see additional upside for the stock in 2018 as management's efforts continue to bear fruit, though the gains will likely be more muted than we saw in 2017."