Buy one of these turnarounds too soon and your dream of a big price gain could prove to be an illusion.

Buy it too late and other investors will have driven up the price before you can profit.

The new Zacks Rank Turnaround Trader finds rare, brilliant gems at exactly the right time. These stocks just leapfrogged from lowly ranks to become coveted Zacks #1 Strong Buys due to sudden improvements in earnings estimates.

Testing shows that this crucial signal, along with a unique blend of valuation and timing factors, would have smoked the S&P 500 and even our Strong Buy stocks. Since 2000, through two recessions, the strategy's average gain has exceeded +45% per year.

Presently, there are spots open in the Zacks Turnaround Trader for new investors. If you are already a member, please login at right. If not, click below for more details.