The bull market starts now: aim for oversold stock rebounds and focus on secondary batteries

Summary

CEO Lee Kwon-hee declares the post-war bull market is starting, with KOSPI targeting 9,000. He recommends rotating from overheated semiconductor equipment into Samsung Electronics and SK Hynix, which are cheap and poised for AI-driven gains. He sees a powerful oversold bounce in secondary battery stocks ahead of profit turnarounds, and highlights strength in PCB substrates and biotech while warning Naver faces structural search decline.

• KOSPI index surges toward 9,000 after war ends; strong momentum and high volatility support a bullish outlook
• Samsung Electronics and SK Hynix look attractive vs extended semiconductor materials/equipment; Samsung likely to win Google TPU interconnect deal, and memory alone is too cheap
• Heavily oversold secondary battery stocks (EcoPro BM, LG Energy Solution, Samsung SDI, LS Electric) set for sharp rebound; Q3 profit turn and ESS demand provide catalysts
• PCB/substrate makers (Daeduck Electronics, Isu Petasis, Korea Circuit, Simtech) rally as equipment stocks pause
• Naver’s search business threatened by AI chatbots; avoid the stock until cloud/AI pivot succeeds
• KOSDAQ 150 large-cap stocks outperform the broader KOSDAQ index in the recovery
• Biotech (ABL Bio, Alteogen) shows early signs of bottoming
• Short-term momentum plays in Doosan and Posco Holdings driven by supply shortages and short covering