A good way to make money from shares is to invest in what are known as turnarounds. These are companies that have got themselves into trouble and are looking to get out of it by following a plan of action. The shares of troubled companies initially get hammered when there is bad news, but can soar if profits eventually recover.
This can often be a better investment strategy than buying quality blue-chips, but it comes with significant risks if the turnaround plan fails.
This insurance company, which fits into this category quite well, sells its insurance products under the brand name [...]
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