#6 - Pearson (NYSE:PSO)
Pearson (NYSE:PSO) is the largest pure play education company. However, in a global education market that is measured in the trillions, Pearson only holds a small fraction of the market. Hence, it’s inclusion on this list.
At one time the company was the largest book publisher in the world. In the last five years, the company has been making a hard pivot to the digital publishing space, and it hasn’t had an easy time of it during the pandemic.
The company is widely considered one of the best stocks in a low-growth sector. But this presentation is about finding quality, low-price dividend stocks. And Pearson fits that bill. The company pays a semi-annual dividend which is less desirable than a quarterly or monthly dividend but is better than an annual dividend.
In late January, it appears that PSO stock was targeted by the short squeeze crowd. This trading activity briefly pushed its stock over $10 per share. That would be an anomaly for this company that has consistently been priced under $10. I’d look for the price to fall back under $10 before buying the stock.
About Pearson
Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.
Read More - Current Price
- $16.09
- Consensus Rating
- Strong Buy
- Ratings Breakdown
- 1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
