Also Look at the Stock Prices of Companies Benefiting from AI Investment | Kang Sung-ho, Park Ga-young, Park Ji-hoon [Stock Beginners Rescue]

Summary

Park Ji-hoon, Director at NH Investment & Securities, presents a bullish view on Korean memory stocks (Samsung Electronics, SK hynix) expecting them to reclaim highs as DRAM tightness persists. He also highlights opportunities in power equipment benefiting from domestic semiconductor clusters, construction stocks with explosive earnings potential, nuclear plays like Doosan Enerbility and KEPCO, and biotech names Samsung Biologics and Celltrion. He argues that negative noise on capex and DRAM peak is exaggerated and that the market will broaden beyond semiconductors.

• Park Ji-hoon is strongly bullish on Samsung Electronics and SK hynix, seeing persistent DRAM tightness and improved contract terms in 2H.
• He dismisses DRAM peak concerns, citing strong demand and limited supply growth through 2027.
• Domestic semiconductor cluster development is a fresh catalyst for Korean power equipment stocks like LS Electric, HD Hyundai Electric, and Hyosung Heavy Industries.
• Construction stocks, especially GS E&C, are deeply undervalued with a 5x P/E and could see earnings explode from reconstruction and nuclear projects.
• Nuclear policy under Trump remains a positive for Doosan Enerbility and KEPCO, with KEPCO offering attractive earnings recovery.
• Samsung Biologics and Celltrion are recovery plays in biotech supported by M&A, CDMO recovery, and empty supply conditions.
• The speaker sees signs of market broadening as non-semiconductor names begin to attract interest.