Welcome Back Offer

Thank you for your renewed interest in turnaround investing!

14 Month Special Subscription

Save $45 and receive 14 issues.

We are very excited about the new Turnaround Letter website and wanted to share our excitement with you. 

We are offering you an annual subscription to The Turnaround Letter 
for only $150-  23% off the regular retail price of $195. 

Additionally, this subscription is for 14 months which means you are receiving two issues of The Turnaround Letter and two months of access to the www.turnaroundletter.com website for free.

The site includes a number of features that I think you will find helpful, including the following:

TL Corner A blog where I share my thoughts on the current investment environment
Ask George Where I respond to investing questions submitted by our viewers
TL Database Searchable database of our articles and posts dating back to 2000
PDF Archive Archive of .pdfs capturing 25 years of Turnaround Letter issues
Portfolio Tracking Updated news on active stock recommendations
Portfolio Information Real time active portfolio performance information
Investing Tips Turnaround investing reports and tips
and much more!

As the publisher of The Turnaround Letter my goals have always been to:

  • Help you increase your net worth by providing long-term purchase recommendations that minimize risk and provide market-beating returns;
  • Minimize your investment worries by providing insight from a trusted source with a proven track record of success;
  • Help you take advantage of turnaround investment opportunities by providing information and insight that is clear, concise and easy to understand.

We feel the new site will help us achieve these goals and we hope you feel the same. 

According to the Hulbert Financial Digest, the independent and respected service that monitors the recommendations of 195 investment newsletters, The Turnaround Letter is the second best performing newsletter over the last 20 years with a 13.2% annualized return.

As you know the market has been extremely volitale as of late and a lot of stocks look like turnaround opportunities right now, but many are going to wallow at their current levels for a long time while others will realize significant growth; The Turnaround Letter will help you distinguish between the two.  As I have always said, there are plenty of turnaround opportunities out there as long as you know where to look.

Thanks again for renewing your Turnaround Letter subscription.


George Putnam, III
The Turnaround Letter

Identify & Profit from Distressed Investing

Free Report: Distressed Investing

Turnaround Investing Blog

Turnaround Investing Blog

Return of Volatility? No, Return of "Normal"

Sizeable market moves can increase the temptation to sell on downdrafts and buy on upswings; however, we strongly advise against attempting to do that. The chances of getting out at the right time and then back in again before the market rebounds are extremely slim. Read More.

Harnessing Activists to Help Find Turnaround Stocks

Activist investors often produce attractive returns for their clients; and you can still use their influence to help your position as a turnaround investor in two ways: Buy a position in a stock with the expectation that an activist will soon follow or buy after an activist takes a stake.


Value Investing


While one of the many dozens of activist funds might find their way to selecting your particular stock, this approach is likely to be frustrating and unrewarding. A better approach is to buy after the activist makes their move. Once an activist takes a stake in a company, how do you evaluate whether it is worthwhile to follow on? Admittedly, this is a bit of an art... Learn how you can harness the power of activist investors to find market-beating turnaround stocks.

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."