According to Putnam, most investors chase the same stocks which are followed by hundreds of highly trained analysts and so it is hard to outperform. So he advises investors to seek out unloved, down-and-out turnaround situations as when these stocks eventually do come back, they can soar as investors pile into them.
ETMarkets Smart Talk | India’s $50 billion IPO wave to challenge market valuations: ICICI Pru’s Gautam Sinha Roy
India’s primary market anticipates a $50 billion IPO surge in the next 12-18 months, driven by private equity exits and corporate fundraising. While this signals
July 28, 2025