Name: Should I switch now, or should I hold on? Leading Stock Strategy for Asset Level Up | Myeong Min-jun, Kang A-rang, Yu Yeong-hwa [Stock Beginner Rescue Team]
Uploaded: 2026-05-26T13:30:00+00:00
Duration: 2861 s

Speakers

Yu Yeong-hwa — Deputy Department Head, KB Securities

Summary

Yu Yeong-hwa of KB Securities discusses the current AI-driven bull market, emphasizing concentration in leading stocks like Samsung Electronics, SK hynix, and Samsung Electro-Mechanics. She argues that unlike the dot-com bubble, current leaders have strong earnings support, making valuations cheap. She recommends holding these leaders and suggests buying NVIDIA directly for US exposure.

The market is in a strong bull market driven by the AI cycle, with extreme concentration in a few leading stocks.
Current leading stocks (memory, MLCC) have robust earnings, unlike the dot-com bubble, so valuations remain attractive.
Samsung Electronics and SK hynix are core memory holdings with cheap P/E ratios.
Samsung Electro-Mechanics showed strength during the rate correction and is a key MLCC supplier.
Hyundai Mobis is favored for its actuator business in robotics, but not a top core holding.
NVIDIA is recommended as a direct buy for Korean investors rather than Korean supplier stocks.
Power semiconductors are flagged as the next wave in the AI supply chain.
Investors are advised to hold during pullbacks and avoid negative narratives.
Beginners should use ETFs for diversification.

Trade Ideas

Yu Yeong-hwa Deputy Department Head, KB Securities 9:55

SK hynix core memory play, earnings strong.

SK hynix is a leading memory semiconductor stock in the AI cycle. As memory demand rises with token usage, SK hynix benefits directly from HBM and DRAM. The company has strong earnings momentum, and the current valuation is still attractive relative to growth prospects.

Yu Yeong-hwa Deputy Department Head, KB Securities 9:55

Micron memory play, earnings cheap.

Micron is a memory semiconductor leader in the AI cycle, alongside SK hynix and Samsung Electronics. The entire memory group has strong earnings momentum and remains cheap. Micron is a US-listed option for Korean investors to gain memory exposure.

Yu Yeong-hwa Deputy Department Head, KB Securities 10:23

Samsung Electronics cheap on earnings, AI beneficiary.

Samsung Electronics is a core memory semiconductor beneficiary in the AI cycle. Its earnings have grown faster than its stock price, compressing the P/E ratio from 15x to 6x despite the price doubling, indicating it remains cheap relative to earnings growth. The strong earnings base and continued upward revisions support further upside.

Yu Yeong-hwa Deputy Department Head, KB Securities 32:46

Samsung Electro-Mechanics MLCC beneficiary, strong.

Samsung Electro-Mechanics is a key component supplier for AI (MLCC). It demonstrated strength by hitting new highs during the rate-induced market correction, signaling resilience. MLCC demand is driven by the AI supply chain, making it a beneficiary of the next wave after memory.

Yu Yeong-hwa Deputy Department Head, KB Securities 40:56

Hyundai Mobis actuator play for robotics.

Hyundai Mobis is preferred over Hyundai Motor because its actuator business is a core component for robotics. Actuators are becoming increasingly important in the robotics/automation theme, giving Mobis a differentiated edge. While not in the top three core holdings, it is a favorable stock for long-term exposure to robotics.

Yu Yeong-hwa Deputy Department Head, KB Securities 43:17

NVIDIA direct AI beneficiary, buy directly.

NVIDIA is the primary direct beneficiary of the AI cycle. For Korean investors who can buy US stocks, it is better to buy the core beneficiary (NVIDIA) directly rather than Korean supplier stocks, as it offers the most direct exposure and likely better returns.

Should I switch now, or should I hold on? Leading Stock Strategy for Asset Level Up | Myeong Min-jun, Kang A-rang, Yu Yeong-hwa [Stock Beginner Rescue Team]

Summary

Trade Ideas

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