No peak out for Korean semiconductors... Buy companies that make money | Myung Min-jun, Kim Ki-eun, Cha Young-joo

There is no K-semiconductor peak out"...Buy companies that make money | Myung Min-jun, Kim Ki-eun, Cha Young-joo [Stock Beginner Rescue Team]
Watch on YouTube ↗  |  July 23, 2026 at 14:00  |  51:13  |  3PRO TV (삼프로TV)
Speakers
Cha Young-joo — Director, Wise Economic Research Institute

Summary

Cha Young-joo, director of Wise Economic Research Institute, lays out a bullish case for Korean large-cap tech with aggressive partial buying of Samsung Electronics and SK Hynix, sees Alphabet's CapEx as a positive AI signal, turns constructive on Hyundai Motor as a robotics re-rating play, and advises staying away from KOSDAQ. He remains neutral on Tesla due to mixed narratives.

  • Cha Young-joo recommends aggressive partial buying of Samsung Electronics and SK Hynix on improving earnings and low valuations.
  • He expects both stocks to surpass previous highs, supported by foreign buying after technical support levels.
  • Alphabet's earnings confirm continued AI CapEx, removing fears of a spending cut and supporting the stock.
  • He upgrades Hyundai Motor from neutral to positive, interpreting share-price resilience as a robotics premium.
  • Tesla is rated neutral (triangle) because of conflicting auto vs. robot views, negative free cash flow, and earnings weakness.
  • He advises avoiding KOSDAQ as it lacks earnings momentum and foreign interest until KOSPI recovers.
  • A suggested allocation is 50% in semiconductor names, 20-30% cash, and the rest in other sectors.
Ideas
Cha Young-joo Director, Wise Economic Research Institute 4:41
Buy Samsung Electronics and SK Hynix now.
Samsung Electronics and SK Hynix will surpass previous highs driven by improving quarterly earnings through year-end, low PBR valuation, and foreign buying after the 120-day moving average bounce. Current price weakness is an opportunity despite short-term volatility, and aggressive partial accumulation is recommended now.
005930.KS 000660.KS HIGH
Cha Young-joo Director, Wise Economic Research Institute 16:46
Alphabet's CapEx confirms sustained AI investment.
Alphabet's strong cloud growth and large CapEx plans signal confidence in AI demand and alleviate market fears of a spending pullback. Despite negative free cash flow, the borrowing to invest is justified by growth prospects and supports a bullish view on the stock.
GOOGL MED
Cha Young-joo Director, Wise Economic Research Institute 32:02
Avoid KOSDAQ for now.
KOSDAQ lacks earnings momentum and foreign investor interest compared to KOSPI large caps like Samsung Electronics and SK Hynix. The market will not recover until KOSPI leads, and current conditions make KOSDAQ unattractive for new investment.
KOSDAQ Index MED
Cha Young-joo Director, Wise Economic Research Institute 45:15
Hyundai Motor is becoming a robotics play.
Hyundai Motor's stock held the 400,000 won level despite a 20% drop in operating profit and weak auto sales, indicating that the market is pricing it as a robotics play rather than just an automaker. The rating is upgraded from neutral to positive as investors are willing to wait for the robotics era.
005380.KS MED
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This 3PRO TV (삼프로TV) video, published July 23, 2026, features Cha Young-joo discussing 005930.KS, 000660.KS, GOOGL, KOSDAQ Index, 005380.KS. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Cha Young-joo  · Tickers: 005930.KS, 000660.KS, GOOGL, KOSDAQ Index, 005380.KS