[Featured Stock] Wateo Rises Over 4% on 'Industry Recovery Expectations'

Watt, a company specializing in semiconductor and display process environment control equipment, is seeing its stock price rise amid expectations of an industry rebound.

As of 9:26 AM on the 23rd, Watt was trading at 7,640 KRW, up 330 KRW (4.51%) from the previous trading day.

On the same day, Oh Hyunjin, a researcher at Kiwoom Securities, stated about Watt, "This year's performance is expected to show sales of 14.7 billion KRW and operating profit of 2 billion KRW, representing increases of 14% and 35% respectively compared to last year. Although semiconductor companies have continued to reduce investment, external growth is anticipated through equipment deliveries aimed at expanding the application processes of Watt's products. Additionally, profitability improvement through organic workforce utilization is also possible."

He added, "Watt has succeeded in domestic production of its main equipment, THC (ultra-precision temperature and humidity control equipment), targeting major domestic semiconductor customers. Due to high technological barriers, the market is an oligopoly with limited participants. We expect a performance rebound driven by the resumption of customer investments and the use of track equipment in high-bandwidth memory (HBM) stacking processes."