Memory semiconductors are undergoing a structural shift due to AI, with long-term supply contracts increasing earnings stability. This warrants a PER re-rating from 6-7x to 15x, implying the stock could double from current levels.
Hyundai Motor should be re-rated from a traditional automaker to a robotics company, leveraging its manufacturing capability and Boston Dynamics. This valuation shift could drive the stock higher.
Memory semiconductors are undergoing a structural shift due to AI, with long-term supply contracts increasing earnings stability. This warrants a PER re-rating from 6-7x to 15x, implying the stock could double from current levels.