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12:54
Jul 09
Jul 09
Buy SK Hynix US IPO as catalyst.
SK Hynix is listing on NASDAQ (ticker SKNY) on July 10th, raising $30 billion. The IPO is reportedly 4x oversubscribed, indicating huge institutional and retail demand. Ejaaz explicitly states he will buy the US listing, viewing it as a major catalyst that finally opens the leading HBM player to Western investors. The strong memory fundamentals and the company's dominant 60% HBM market share underpin a bullish entry point despite the broader memory stock pullback.
HIGH
About SKNY Analyst Coverage
Buzzberg tracks SKNY across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked. Past 7 days: 1 bullish. Latest voices: Ejaaz Ahamadeen.