Samsung Electronics and SK hynix are undervalued (P/E 5x for Hynix, consensus 6-8x target 300k won), with LTA contracts providing earnings stability; the recent sharp drop was excessive relative to improving fundamentals, offering upside.
Samsung Electronics and SK hynix are undervalued (P/E 5x for Hynix, consensus 6-8x target 300k won), with LTA contracts providing earnings stability; the recent sharp drop was excessive relative to improving fundamentals, offering upside.