George Putnam III
A graduate of both Harvard Law School and Harvard Business School, George Putnam III first became involved with distressed securities as a lawyer in the late 1970s. Seeing the inefficient niche that bankruptcies and turnarounds presented when researched, he founded New Generation Research, Inc. and began publishing “The Turnaround Letter” in 1986. Since then, he has frequently been quoted in Barron’s, The Wall Street Journal, New York Times, USA Today and other financial publications. In 1990, he was named investment advisor of the year by USA Today. In addition to his responsibilities at New Generation Research, Mr. Putnam also serves as a trustee for The Putnam Companies, a mutual fund group with over $100 billion in assets.
Articles by George Putnam III
As part of its new North American leadership changes, this turnaround flooring company just named a new CFO from International Paper, who will replace the current retiring Chief Financial Officer.
Our second idea is taking some profits in a previous pick.
Five analysts have increased their EPS forecasts in the past 30 days, for our first recommendation, a lending company.
A name change and a stock upgrade to ‘Overweight’ at Barclays, and a $0.28 earnings beat are all giving this turnaround stock a boost.