[Featured Stock] JMT Rises on Expectations of Apple OLED Expansion Benefits

JMT's stock price is on the rise. The expectation of benefits from the expansion of organic light-emitting diode (OLED) for Apple appears to be influencing the stock price.

As of 10:04 AM on the 6th, JMT is trading at 6,890 won, up 810 won (13.32%) from the previous day. During the session, it rose to 6,990 won, marking a 52-week high.

Heo Seon-jae, a researcher at SK Securities, analyzed, "It has a clear earnings growth momentum due to the expansion of Apple’s OLED-applied product lineup such as iPad and MacBook, and it also possesses the currently market-highlighted characteristic of a low price-to-book ratio (PBR)."

Researcher Heo predicted that production volume for Apple will significantly expand starting next year. He said, "Beginning with the application of OLED in the iPad Pro scheduled for release this year, OLED application will expand to the entire lineup including the standard iPad model, MacBook, and foldable devices," adding, "Compared to competitors within the Apple value chain, it is the purest company, so the profit leverage from the expansion of Apple’s OLED-applied product lineup will be the greatest."