[Featured Stock] K-Food Takes Off... CJ CheilJedang Up 3.15%

In the early trading session on the 20th, CJ CheilJedang's stock price is on the rise. As of 10:02 AM, CJ CheilJedang is trading at 344,000 KRW, up 10,500 KRW (3.15%) from the previous trading day.

Jang Ji-hye, a researcher at DS Investment & Securities, analyzed, "CJ CheilJedang's Q1 performance this year showed consolidated sales of 7.2 trillion KRW, a 2% increase compared to the same period last year, and operating profit rose 49% to 375.9 billion KRW. This improvement in profitability was driven by growth in domestic and American food sectors and expansion of high-margin bio products."

She added, "By diversifying regions to the US, Europe, and Australia, CJ CheilJedang is leading the growth of K-food and has high valuation attractiveness, indicating significant potential for stock price appreciation."

Sim Eun-joo, a researcher at Hana Securities, pointed out, "Factors expected to boost CJ CheilJedang in the second half include food profit leverage due to lower grain input costs, improvement in the bio market conditions, and the base effect in biological resources (F&C)."

He said, "The company holds a dominant position in the domestic processed food market and is steadily expanding its presence overseas. Currently, the 12-month forward price-to-earnings ratio (PER) is only 8 times, making it a good opportunity for value buying considering the expanding earnings momentum."