The Turnaround Letter's Historic Portfolio Returns

You've seen some of The Turnaround Letter's market-beating performance results--now take a look at our year-to-year returns compared to the S&P 500 since 1991. 

Year Turnaround Letter S&P
1991 56.7% 30.5%
1992 63.4% 7.6%
1993 52.6% 10.1%
1994 -8.9% 1.3%
1995 24.8% 37.6%
1996 16.3% 23.0%
1997 11.3% 33.36%
1998 -14.4% 28.6%
1999 34.2% 21.0%
2000 -7.0% -9.1%
2001 15.6% -11.9%
2002 3.5% -22.1%
2003 59.4% 28.7%
2004 28.6% 10.9%
2005 9.4% 4.9%
2006 26.3% 15.8%
2007 -2.2% 5.5%
2008 -55.4% -37.0%
2009 75.6% 26.5%
2010 30.4% 15.1%
2011 -10.3% 2.1%
2012 27.5% 16.0%
2013 50.9% 32.4%
2014 2.4% 13.7%
2015 -19.7% 1.4%
2016 31.4% 12.0%
 
Learn more about our performance calculation methodology.

 

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Turnaround Investing Blog

Turnaround Investing Blog

IBM: Not Yet Time to Swing at this Pitch

IBM’s stock underperformance since IBM’s current CEO took the helm in 2012 has been stark, with the shares declining 23% while the S&P500 Index has more than doubled. One big problem: revenue growth rate is zero, at best. Without revenue growth, what’s left to entice investors? The real driver of value at IBM – free cash flow that is used to repurchase shares. Can IBM borrow its way to shareholder prosperity as its cash flows shrink? What to do with IBM shares? Wait for a better pitch in the form of a catalyst or much lower valuation. Read More.

Comparing Stocks Vs. Bonds

While the common stock of a turnaround candidate usually has the greatest upside potential, other classes of securities, such as bonds or preferred stock, may offer attractive profit possibilities with less risk. Many turnaround companies have only one class of securities available to investors but where there are different classes to choose from, it can pay to do a little extra analysis of the various options.

Read More.

Turnaround Letter Stock Pick Named Top Performer of 2017

 

stock market advicex

 

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."