New Generation Research, Inc., is a leading provider of bankruptcy and distressed securities publications, products and services. They offer to users a product that attempt to identify prospective turnaround investment opportunities.
In my personal opinion, go with the smart money and avoid the service and recommendations entirely. The recommendations are far to loose and without support. He likely makes more money on subscriptions then he does on trades against his own recommendations. After following the newsletter for over 4 months many of the mentions were a disaster.
About New Generation Research, Inc.
Founded in 1986 by George Putnam, III, New Generation Research, Inc. has established itself as the preeminent source for in-depth information on corporate bankruptcies and distressed companies.
The Turnaround Letter was New Generation Research’s pioneer product with the first issue being mailed to subscribers in July of 1986. The goal of The Turnaround Letter then and today is to provide insight into potential turnaround situations and to recommend stock purchases that we feel have potential for large and/or imminent increases. The Turnaround Letter’s analytical techniques do not neatly fit into a defined category such “technical” or “fundamental.” Rather we look at all the available information, price and volume history, financials, management, legal background, economic climate and a number of other items in search of clues that a turnaround is imminent. The Turnaround Letter’s track record speaks for itself: One of the longest-running investment newsletters on the market today, Putnam’s Turnaround Letter is also one of the top ranked.
The growth in popularity of The Turnaround Letter over the next 30 years coincided with the growth of New Generation Research as a business. Numerous other products and services were launched, all related to corporate bankruptcy and distressed and turnaround situations, including Bankruptcy Week, BankruptcyData, The Bankruptcy Yearbook & Almanac, The Distressed Company Alert, custom bankruptcy research and consulting. Additionally, New Generation Research houses and maintains the industry’s most extensive corporate bankruptcy research database and provides corporate bankruptcy data to numerous data aggregators such as LexisNexis and Westlaw.