Samsung Electronics and SK Hynix are not at a peak because foreign ownership (which controls ~49% of shares) has limited selling pressure, and the strong Q1 earnings were not fully priced in as the market awaits Q2 earnings confirmation. Once Q2 earnings (expected around July) confirm sustained profit growth, the stocks should see a further leg up.
Samsung Electronics and SK Hynix are not at a peak because foreign ownership (which controls ~49% of shares) has limited selling pressure, and the strong Q1 earnings were not fully priced in as the market awaits Q2 earnings confirmation. Once Q2 earnings (expected around July) confirm sustained profit growth, the stocks should see a further leg up.
The secondary battery sector is very positive into H2, but price action will be volatile with waves rather than a straight line. The recent lithium price breakout (to $20k/ton) favors material stocks over cell makers because materials companies benefit from inventory valuation gains. He recommends focusing on battery material stocks like Ecopro.
Tesla is currently basing around $350 after correcting from $500. It will eventually break above $500, but the catalyst (SpaceX, humanoid robot, AI design) will likely come around July-August. There is a time lag versus other big tech stocks, so patient positioning is required.