George Putnam is a former corporate bankruptcy attorney and a trustee for Putnam Investments, a mutual fund group with more than $100 billion in assets, Boston. He is founder and editor of The Turnaround Letter, which focuses on depressed stocks of companies that appear headed for a turnaround. Its model portfolio has produced annualized returns of 9.9% over the past 20 years, compared with 6.9% for the S&P 500. TurnaroundLetter.com
As retail and energy have plunged, a handful of companies in those two sectors don’t deserve to see their share prices continue to suffer.
At a time when the stock market has been setting records, are there any bargains left? There are—in companies that…
In the first half of 2014, utility stocks soared 17%, on average, the best performance of the 10 major US…
Hard-Hit Companies Heading Up George Putnam loves when a company seems to be so damaged that other investors give up…
They're back from the brink and heading up Just because a company has been on the brink of disaster doesn’t…