Ideas
Precious metals resume uptrend.
Gold and silver rose as speculative capital exited and the uptrend resumed; precious metals are leading the commodity rotation.
Oil bottomed; long-term upside to $70.
Oil appears to have bottomed, and the long-term consensus target is around $70 as the economy gradually recovers, despite short-term Iran-related volatility.
AI disruption threatens wealth managers.
AI tax/wealth tools are threatening financial intermediaries such as Morgan Stanley and Charles Schwab. Barclays expects insurance selling to begin, though the issue is not yet systemic and should be watched closely.
AI threatens tax preparation incumbents.
AI tax-planning tools could replace traditional tax services, pressuring Intuit and H&R Block, both of which sold off on that concern.
S&P 500 can reach 7,000-7,500.
Investors still believe U.S. equities rise; the S&P 500 can reach 7,000 and potentially 7,500 despite inflation and unemployment concerns.
Equal-weight index outperforms cap-weighted market.
The equal-weight S&P 500 continues rising while the cap-weighted index is flat because mega-cap tech lags, showing healthier breadth beneath the surface.
Lam Research gains from chip capex.
Lam Research grows as chipmakers strengthen capex due AI; it benefits from the broader semiconductor investment cycle.
Buy memory semis on pullbacks.
Micron refuted HBM4 exclusion rumors, said HBM4 shipments were pulled forward by a quarter, and indicated demand exceeds supply with shortages likely extending beyond 2026. Memory prices and demand remain strong, so memory semiconductor names are attractive on pullbacks.
GlobalFoundries benefits from AI niche foundry.
GlobalFoundries reported strong results by exploiting niche foundry gaps in the diverse AI chip market, reinforcing positive momentum across the semiconductor supply chain.
Meta has accounting risk but AI upside.
Meta faces an accounting red flag over a $27B data-center joint venture with Blue Owl and Senate criticism, but Bill Ackman remains bullish on Meta's AI, advertising, wearables and digital-agent upside and bought on weakness. Risks and upside coexist.
Cloudflare survives software AI shakeout.
Cloudflare is one of the few software AI winners, with growing RPO/orders and 20%-plus growth. If a software shakeout occurs, surviving platform companies should absorb demand.
Vertiv benefits from data-center cooling demand.
Vertiv's data-center cooling and air-conditioning orders doubled year over year, with guidance green, as data-center construction continues.
US nuclear earnings season disappoints.
Centrus Energy's operating profit halved, dragging U.S. nuclear stocks lower; U.S. nuclear earnings season was a negative for the sector.
Kim Ho-kyun
Team Lead, Myeongdong PB Center, Korea Investment & Securities
61:54
Tech rotation back; accumulate beaten-down tech.
Cheap cyclicals led while high-valuation tech underperformed, but that cannot continue; tech now looks cheap and a sector rotation back into beaten-down tech is likely.
Kim Ho-kyun
Team Lead, Myeongdong PB Center, Korea Investment & Securities
77:09
Alphabet is best AI full-stack winner.
Alphabet is the best AI operator among the M7, with full-stack AI and AI-agent strength that makes it hard for other software firms to grow. Its rise should remain robust and it can defend the No. 2 market-cap position.
Kim Ho-kyun
Team Lead, Myeongdong PB Center, Korea Investment & Securities
78:08
Amazon wins in physical AI logistics.
Amazon reported solid earnings and has physical AI upside in logistics through drones and robots, plus a key Anthropic partnership, despite market concerns over heavy capex.
Kim Ho-kyun
Team Lead, Myeongdong PB Center, Korea Investment & Securities
78:39
Microsoft faces OpenAI and capex burden.
Microsoft's OpenAI partnership is now seen as a burden, and the market judged its capex as less efficient than Meta's, leaving its relative outlook weak.
Kim Ho-kyun
Team Lead, Myeongdong PB Center, Korea Investment & Securities
79:36
TSMC is durable AI foundry winner.
TSMC is a durable, Apple-like AI foundry winner that benefits regardless of which AI model wins, and the historical lag between investment and stock re-rating is now resolving.
Kim Ho-kyun
Team Lead, Myeongdong PB Center, Korea Investment & Securities
82:54
AI power infrastructure ETF benefits.
After memory, power is the next AI bottleneck; electricity shortages are clear, making global AI power infrastructure ETFs attractive long-term.
Kim Ho-kyun
Team Lead, Myeongdong PB Center, Korea Investment & Securities
83:23
Tesla value-chain ETF for physical AI.
Physical AI focus is rising, and Tesla is the root of that theme. A concentrated Tesla value-chain ETF is preferable to broad ETFs that dilute exposure and may be overvalued.
Kim Ho-kyun
Team Lead, Myeongdong PB Center, Korea Investment & Securities
84:28
Rare earth ETF benefits from rivalry.
Commodity upcycle and U.S.-China hegemony competition make rare earths strategically important. A global rare earth ETF offers exposure to MP Materials and Chinese rare earth companies.
Samsung and SK hynix HBM4 race.
Samsung claims HBM4 speed above standard and full turnkey capability, but HBM4 specs are set by Nvidia, so overperformance may not matter and could imply higher cost and lower margin. Samsung still has governance and decision-making issues, while SK hynix relies on TSMC and packaging partners and stresses ecosystem cooperation as technical difficulty rises.
Korean banks gain from dividend reforms.
KB Financial's PBR passed 1, and the bank index outperformed KOSPI. Government pressure for dividend expansion, separate taxation, quarterly dividends and buybacks makes bank payout attractive versus deposits and suitable for long-term institutional money.
Korean securities profit boom continues.
Korean securities industry net profit exceeded 10T won, helped by brokerage and wealth management, and the new comprehensive investment account business with principal-guaranteed products can pull money from banks to securities firms.
Power equipment runs to cycle end.
Whether or not AI is a bubble, power equipment and energy can run to the end of this cycle. Transformers, transmission and distribution are benefiting from AI demand, aging grids in Europe and the U.S., and Ukraine reconstruction.
Hyundai Motor trades as robot story.
Hyundai Motor is trading on a robot/autonomous story rather than auto fundamentals, and Boston Dynamics' Spot deployment in UK nuclear decommissioning validates the robotics angle. Watch the robot-driven re-rating.
Samsung may win ByteDance AI chip work.
Reuters reported ByteDance may produce AI chips with Samsung, a potentially large foundry positive for Samsung, but a prior Broadcom/TSMC plan means investors should track whether work shifted or is dual-sourced.
Optical cable demand grows for data centers.
Microsoft is adopting hollow-core cable for data centers. Optical cable reduces energy loss, weight, heat and data-center size compared with copper, supporting communication-component demand.
Korean on-device AI chip theme develops.
The Korean government plans to invest 1T won over five years in on-device AI chips. The market now reacts to such news, but leading firms are unlisted and listed ones are low-cap and volatile, so selection matters.
i-SENS gains on CGM expectations.
i-SENS jumped on an earnings beat and improving CGM growth expectations, with sales beating estimates and future increases expected.
Memory shortage supports Samsung and SK hynix.
Micron's CFO said HBM4 exclusion was wrong and shortage may last beyond next year. U.S. storage and semiconductor-equipment shares surged, DRAM export prices and volumes are strong, and Samsung Electronics and SK hynix are leaders.
Korean financials offer dividend and upside.
Korean financials are the safest choice as dividend separate taxation gives stable income with index-like upside; KB, Shinhan, Hana and Woori are showing strong momentum.
Mirae Asset SpaceX valuation may be overdone.
Yuanta raised Mirae Asset Securities' target on expectations for over 1T won in SpaceX-related valuation in Q1. The stock rose, but its market cap is already 29T won, so the SpaceX expectation may be overdone; positive flow but watch.
Kakao rebounds on earnings and AI hopes.
Kakao rose on an earnings surprise and oversold rebound. If the Korean government promotes an AI boom, it could gain further, and excessive pessimism is unwarranted.
LG Electronics robot rally looks overdone.
LG Electronics' 20% robot/AI surge lacked a concrete event, its CLOi robot technology is viewed as less advanced, and the impact is weaker than Boston Dynamics, so upside momentum is questionable.
KOSDAQ faces delisting overhang.
KOSDAQ delisting reform may remove around 150 firms. Criteria are unclear and may hit large bio and robot firms without earnings, so funds are unlikely to enter KOSDAQ until clarity improves.
Hyundai G.F. Holdings boosts shareholder returns.
Hyundai G.F. Holdings announced large subsidiary buybacks/cancellations and a merger with Hyundai Home Shopping, improving shareholder returns and value-up appeal with a chart breakout.
Gwangju Shinsegae has redevelopment upside.
Gwangju Shinsegae is under-owned with solid earnings. It bought the Gwangju terminal for mixed-use development similar to Starfield and dominates regional retail, offering long-term upside.
Wonik IPS rebounds with semicap strength.
Semiconductor equipment and materials are relatively strong, and Wonik IPS rebounded 4% after recent weakness.
Fadu rebounds as SSD concerns fade.
Fadu, an SSD controller name, keeps rising as bad news clears and SSD/HBM demand remains strong despite earnings-season caution.
Korean food sector shows strength.
The Korean food and beverage sector is strong, with Orion, Lotte Wellfood, Farmsco and Muhak rising in a rotation into food.
Orion gains on value-up and dividends.
Orion is gaining on value-up and dividend expansion, a target price hike to 175,000 won, and a long-depressed chart breaking out.
Ukraine reconstruction boosts construction equipment.
Ukraine ceasefire/reconstruction expectations after Zelensky's statement are lifting construction-equipment names. HD Construction Equipment rose on merger-driven earnings improvement, with HD Hyundai and Jinjin Construction Robot moving together.
Hanmi Semiconductor benefits from HBM orders.
Hanmi Semiconductor rose on HBM order confidence from Semicon, and Micron's increased investment broadens its customer base beyond SK hynix.
Duksan Neolux benefits from OLED rebound.
OLED is in a rebound cycle as Apple expands OLED adoption to tablets, monitors and foldables and LG Display expands mid-size panels; Korea remains dominant, and Duksan Neolux is rebounding.
China PPI recovery lifts cyclicals.
Chinese PPI has turned up since last year's second half, helped by anti-involution supply cuts. Rising prices in chemicals, lithium, solar, steel and nonferrous metals should benefit Korean materials and China-exposed consumer names.
China IPO cycle drives industrial capex.
2026 is China's capex bottom, and a government-engineered IPO cycle for robotics, aerospace and semiconductors should inject capital, benefiting Chinese industrial leaders and Korean suppliers in China's supply chain.
China memory IPOs overhang Korean chipmakers.
CXMT and YMTC IPOs this year are a key overhang for Samsung Electronics and SK hynix. If China's memory IPOs go smoothly, KOSPI can rise; if they become burdensome, Korean chip leaders may stall.
Increase China equity allocation toward 10%.
Korean investors' China equity weight has fallen below 3% from once 30-40%, which is excessively low given Chinese leading manufacturers' competitiveness and an earnings cycle through 2027. He recommends raising China allocation toward 10% via Hang Seng Tech, CSI 300 and tech/energy/green AI names.
Own Samsung and SK hynix on dips.
Google's capex and big tech reducing buybacks to fund AI capex support memory demand; Micron clarified HBM4 and shortage. Samsung Electronics and SK hynix earnings estimates are rising, and they are market leaders that should be owned on dips.
Korean consumer and retail recovery ahead.
KDI raised Korea's growth forecast on AI and semiconductor demand, exports are strong, and the stock-market wealth effect should lift consumption. Department stores and retail should improve into 2026-27, with Hyundai Department Store attractive.
KOSPI re-rates toward 5,500.
KOSPI keeps hitting new highs and may exceed 5,500. Valuations remain cheap versus Taiwan at around 60% of PBR/PER, and new industries justify a re-rating, so investors should not be paralyzed by fear.
Choose cosmetics leaders, not all.
In cosmetics, not all names rebounded. Investors should choose leaders with standout earnings such as APR and Cosmecca Korea to outperform in a stock-picking market.
Avoid pure software; buy diversified AI.
The softpocalypse narrative is overdone, and some software names remain attractive, but pure software ETFs like IGV are risky. Prefer a diversified AI ETF with software around 30-40% plus hardware and power exposure.
Avoid pure software; buy diversified AI.
The softpocalypse narrative is overdone, and some software names remain attractive, but pure software ETFs like IGV are risky. Prefer a diversified AI ETF with software around 30-40% plus hardware and power exposure.
Watch new US dividend, China bio ETFs.
New overseas versions of successful domestic strategies are worth watching: a U.S. high dividend active ETF because U.S. yields are lower and need capital gains, and a China bio healthcare active ETF similar to existing products but focused on China.
TIGER Securities ETF for capital gains.
The TIGER Securities ETF provides broad Korean securities exposure, 100% securities, strong recent return, a 1.6% dividend yield and a 0.46% fee, making it suitable for capital gains.
HANARO Securities ETF offers monthly dividends.
The HANARO Securities High Dividend Top 3 Plus ETF selects high-dividend securities, weights the top three 60%, pays monthly dividends, has a low 0.07% fee and an expected yield in the low 3% range, offering yield plus capital gains.
RISE financial ETF for dividends.
The RISE Korea Financial High Dividend ETF covers Korean financials, selects on high dividend, ROE and low PBR, has a 2.8% yield and 30% securities weighting, and offers lower volatility with dividend focus.
UNICORN ETF blends large IB, holdings.
The UNICORN Large IB & Financial Holding ETF is unique in combining large investment banks/securities and financial holdings, offering a dividend yield between bank and high-dividend ETFs with capital stability and downside defense.
Retirement ELS offers capped downside, tax deferral.
For investors fearing a high market, NH retirement pension ELS offers partial principal protection of up to 80% at maturity, a step-down structure, and tax-deferred compounding in DC/IRP accounts.
This 3PRO TV (삼프로TV) video, published February 12, 2026,
features Park Myung-sung, Kim Ho-kyun, Kwon Soon-woo, Park Byeong-chang, Jang Woo-jin, Kim Kyung-hwan, Bae Jae-won, Park Hyun-ji, Lee Hyun-wook
discussing GLD, SILVER, WTI, MS, SCHW, INTU, HRB, SPY, RSP, LRCX, MU, SNDK, 005930.KS, 000660.KS, GFS, META, NET, VRT, LEU, URA, XLK, QQQ, GOOG, AMZN, MSFT, TSM, Global AI Power Infrastructure ETF, ACE Tesla Value Chain ETF, PLUS Global Rare Earth ETF, 105560.KS, 055550.KS, 175330.KS, 071050.KS, 039490.KS, 005940.KS, 006800.KS, 016360.KS, Korean Power Equipment Sector, 005380.KS, Optical cable/communications components sector, Korean on-device AI chip sector, 099190.KQ, 086790.KS, 316140.KS, 035720.KS, 066570.KS, KRX:KOSDAQ, 005440.KS, 037710.KS, WONIK IPS, 440110.KQ, Korean Food Sector, 271560.KS, HD Construction Equipment, HD Hyundai, 079900.KQ, 042700.KS, 213420.KQ, China cyclical sectors, Korean materials sector, China industrial leaders, Korean China supply-chain beneficiaries, FXI, KTEC, CSI 300, Korean consumer/retail sector, 069960.KS, EWY, 278470.KS, 241710.KQ, IGV, AI-SECTOR, PLUS, KoAct China Bio Healthcare Active ETF, TIGER Securities ETF, HANARO Securities High Dividend Top 3 Plus ETF, RISE Korea Financial High Dividend ETF, UNICORN Large IB & Financial Holding ETF, NH Retirement Pension ELS.
61 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Park Myung-sung,
Kim Ho-kyun,
Kwon Soon-woo,
Park Byeong-chang,
Jang Woo-jin,
Kim Kyung-hwan,
Bae Jae-won,
Park Hyun-ji,
Lee Hyun-wook
· Tickers:
GLD,
SILVER,
WTI,
MS,
SCHW,
INTU,
HRB,
SPY,
RSP,
LRCX,
MU,
SNDK,
005930.KS,
000660.KS,
GFS,
META,
NET,
VRT,
LEU,
URA,
XLK,
QQQ,
GOOG,
AMZN,
MSFT,
TSM,
Global AI Power Infrastructure ETF,
ACE Tesla Value Chain ETF,
PLUS Global Rare Earth ETF,
105560.KS,
055550.KS,
175330.KS,
071050.KS,
039490.KS,
005940.KS,
006800.KS,
016360.KS,
Korean Power Equipment Sector,
005380.KS,
Optical cable/communications components sector,
Korean on-device AI chip sector,
099190.KQ,
086790.KS,
316140.KS,
035720.KS,
066570.KS,
KRX:KOSDAQ,
005440.KS,
037710.KS,
WONIK IPS,
440110.KQ,
Korean Food Sector,
271560.KS,
HD Construction Equipment,
HD Hyundai,
079900.KQ,
042700.KS,
213420.KQ,
China cyclical sectors,
Korean materials sector,
China industrial leaders,
Korean China supply-chain beneficiaries,
FXI,
KTEC,
CSI 300,
Korean consumer/retail sector,
069960.KS,
EWY,
278470.KS,
241710.KQ,
IGV,
AI-SECTOR,
PLUS,
KoAct China Bio Healthcare Active ETF,
TIGER Securities ETF,
HANARO Securities High Dividend Top 3 Plus ETF,
RISE Korea Financial High Dividend ETF,
UNICORN Large IB & Financial Holding ETF,
NH Retirement Pension ELS
