Pound Up

Headlines say Pound up against dollar as Trump threatens Fed and all stock picks this week 70% BUY, 15% HOLD and 15% SELL.

1. BUY Dialight

Top performing stock pick this week is BUY Dialight by Investec with a tip performance of 28%.

Dialight plc is a British-based electronics business specialising in light-emitting diode lighting for hazardous locations. It is headquartered in London and operates in North America, the United Kingdom, mainland Europe, Australia, Asia and South America. It is listed on the London Stock Exchange and is a constituent of the FTSE SmallCap, and FTSE techMARK Focus indices. Founded in 1938, it became part of Philips at one point.

Dialight share price launched at 95p in 1993, rose to an all-time high of 1,362p in 2013 and is today at 200p.

Dialight posted full year results on 24th June in this RNS. Dialight’s FY results reflect a transitional year marked by restructuring, impairments, and strategic realignment. While the financials show a sharp decline in profitability, the company has taken steps to stabilise its balance sheet and refocus on its core business. Investors will be watching closely for signs of operational improvement and margin recovery in the upcoming interim results.

Investec, Dialight’s corporate broker and financial adviser since 2016, raised it’s rating on the stock to BUY from HOLD and upped its price target to 220p from 190p.

There are no active short positions in Stockomendation.

2. OUTPERFORM Hunting

Second top performing stock pick this week is OUTPERFORM Hunting by RBC Capital and Berenberg with a tip performance of 11%.

Hunting plc is a British supplier to the oil and gas industry. Some 27% of the business is owned by the Hunting family. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Founded in 1874, it has three main lines of operations: well construction; well completion and well intervention.

Hunting share price launched at 129p in 1988, rose to an all-time high of 968p in 2012 and is today at 295p.

On 24th June Hunting acquired Flexible Engineered Solutions (Group) Holdings Limited (FES) announced in this RNS. FES has proprietary subsea fluid transfer technologies and systems for offshore oil and gas and renewable energy industries.

Shares immediately rose as a result. One open fund manager short position held by Marshall Wace, view that here.

3. OVERWEIGHT Babcock

Third top performing stock pick is OVERWEIGHT Babcock International Group by JP Morgan with a tip performance of 4%.

Babcock International Group is a British aerospace, defence and nuclear engineering services company based in London. founded in 1891, it specialises in managing complex assets and infrastructure. Its main customer is the United Kingdom's Ministry of Defence and Network Rail. The company has four operating sectors, with overseas operations based in Africa, North America, South America, Europe and Australasia. Babcock is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index.

Babcock share price launched at 173p in 1993, rose to an all-time high of 1,298p in 2014 and is today at 1,155p.

It topped the FTSE 100 this week which is no surprise when the Prime Minister announces the country is 2preparing for World War 3.” In the week that US bombed Iran, Starmer took the opportunity to make headlines. No active short positions in Stockomendation.

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Disclaimer: The contents of this article should not be considered financial advice. Pricing data correct as at 27th June 2025.