If you'd invested in: Dialight and Pearson
Industrial lighting-maker Dialight has had a bright year, while educational publisher Pearson is down in the dumps.
If only...
Dialight (LSE: DIA) makes industrial LED lighting, specialising in the hazardous and heavy industrial markets. Poor performance saw the company demoted from the FTSE 250 in December 2013. It suffered a series of profit warnings, and the share price fell steadily till it bottomed out in early 2016. A new CEO and restructuring of the business have seen the shares rise strongly since then, climbing by more than 100% in the last year.
Be glad you didn't
Industrial lighting-maker Dialight has had a bright year, while educational publisher Pearson is down in the dumps.
Pearson (LSE: PSON) is an educational-resource company, publishing course materials and carrying out exam assessments. Around 60% of its sales come from the US. It has been selling assets, including the FT newspaper and a chunk of publisher Penguin Random House, to invest in education. Investors remain unconvinced by its strategy and the shares have fallen by more than 30% in the last year.
Try 6 free issues of MoneyWeek today
Get unparalleled financial insight, analysis and expert opinion you can profit from.
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
