New Beneficiary Stocks That Will Rise Sharply From Q3, What Are the Key Indicators for September? | Heo Jaemu, Park Jihoon, Baek Changyu

New Beneficiary Stocks That Will Rise Sharply From Q3, What Are the Key Indicators for September? | Heo Jaemu, Park Jihoon, Baek Changyu [Morning N Investment]

Watch on YouTube ↗ | September 04, 2026 at 02:48 | 57:37 | 3PRO TV (삼프로TV)

Speakers

Park Ji-hoon — Director, Asset Management Consulting Dept., NH Investment & Securities

Baek Chan-gyu — Center Head, NH Investment Securities

Heo Jaemu — Host

Summary

The episode reviews the Korean market's opening and sector rotation before two guests present investment ideas. Park Jihoon argues that robotics/space themes are benefiting from high-multiple tolerance, Korean steel is a Q3 beneficiary, and Samsung SDI/LG Energy Solution are the best ways to play an ESS/secondary-battery turn, while warning on semiconductor and cosmetics FX headwinds. Baek Changyu frames September around oil, U.S. jobs/CPI, and the FOMC, and recommends focusing on revenue-growth rotation sectors plus stable income products such as monthly dividend ETFs and index-type ELS.

Korean equities opened higher led by Samsung Electronics, SK Hynix, Robotis, autos, oil and airline stocks.
Park Jihoon sees Korean robotics and space/aerospace themes supported by U.S. high-multiple growth stock strength.
Won strength is flagged as a near-term headwind for Samsung Electronics, SK Hynix and cosmetics exporters.
Korean steel is favored on falling iron ore costs, tight Chinese supply, data-center demand and widening spreads.
Secondary batteries/ESS are turning; Samsung SDI is viewed as the ESS proxy and LG Energy Solution as the broad battery chain play.
Baek Changyu says September key events are U.S. employment, CPI, FOMC and crypto regulation, with oil/rates as the main risk channel.
He advises rotating into sales-growth sectors: AI infrastructure, defense/aerospace, cosmetics, nuclear, shipbuilding and secondary batteries.
For stability, he recommends monthly dividend ETFs tied to stable dividend-growth indexes and index-type ELS while avoiding single-stock ELS.

Ideas

Park Ji-hoon Director, Asset Management Consulting Dept., NH Investment & Securities 3:43

Robotics and space themes get multiple support

High-valuation U.S. security and software stocks rallied despite elevated 10-year Treasury yields, showing that growth multiples are being rewarded; Korean robotics and space/aerospace themes are similarly being accepted by the market even though they are high-growth and high-valuation.

Park Ji-hoon Director, Asset Management Consulting Dept., NH Investment & Securities 5:55

Won strength pressures Samsung and Hynix estimates

The won has strengthened sharply from the 1,500s to the 1,300s against the dollar. Even with strong semiconductor exports, HBM demand, and LTA contracts, Samsung Electronics and SK Hynix third-quarter revenue consensus may need to be trimmed on FX, making the semiconductor sector less positive near term.

Park Ji-hoon Director, Asset Management Consulting Dept., NH Investment & Securities 6:44

Cosmetics face FX and holiday headwinds

K-beauty export data remains strong, but September Chuseok holidays reduce operating days and won strength reduces ODM exporters' won-denominated revenue; after strong recent outperformance, the cosmetics sector faces profit-taking pressure.

Park Ji-hoon Director, Asset Management Consulting Dept., NH Investment & Securities 8:23

Buy Korean steel on widening spreads

China's production cuts keep steel supply tight and push iron ore input costs lower; data center and infrastructure construction are lifting steel demand and prices, so steel spreads are widening from July/August and Q3 earnings momentum is building, with the stronger won as an additional beneficiary.

Park Ji-hoon Director, Asset Management Consulting Dept., NH Investment & Securities 12:33

Buy Samsung SDI and LG Energy Solution

The ESS theme is clearly turning because U.S. ESS installations rose 78% YoY; EV demand declines are narrowing, European EV sales are improving, new EU rules limit Chinese concentration, and earnings consensus upgrades start in 2026. Samsung SDI is the purest ESS proxy, while LG Energy Solution is a broad secondary-battery value-chain bet.

Baek Chan-gyu Center Head, NH Investment Securities 23:29

Watch oil above $90 as market risk

Crude oil is the key market variable because it links geopolitics to inflation and Fed policy: a 10% oil rise adds 0.15-0.3pp to CPI; sustained $85 oil implies one rate hike, $100-plus implies two, and a move above $90 would shock risk assets.

Heo Jaemu Host 36:46

Prefer high-dividend buyback stocks defensively

In a volatile market, high-dividend names with buybacks and cancellations offer steady income and a safety margin, helping investors ride through volatility instead of chasing aggressive momentum.

Baek Chan-gyu Center Head, NH Investment Securities 47:00

Focus on rising revenue rotation sectors

In a high-oil, high-rate regime, ROE decomposition says asset turnover and revenue growth matter more than margin or leverage. The current rotation is being led by sectors with improving sales forecasts, including AI infrastructure, defense/aerospace, cosmetics, nuclear, shipbuilding, and secondary batteries; trade them as a basket, take profits after 5-6% moves, and wait for pullbacks instead of chasing.

Baek Chan-gyu Center Head, NH Investment Securities 52:15

Buy stable monthly dividend ETFs

For a lower-volatility income sleeve, use monthly dividend ETFs based on a stable dividend-growth index; option premiums generate about 10-12% annual income without requiring strong upside, but avoid products with excessively high monthly distributions.

Baek Chan-gyu Center Head, NH Investment Securities 52:53

Prefer index ELS over single-stock ELS

Index-type ELS products currently offer strong 15-20% returns with manageable volatility; single-stock ELS yields are high but their volatility is unmanageable, so ELS exposure should be index-type only.

Baek Chan-gyu Center Head, NH Investment Securities 52:53

Prefer index ELS over single-stock ELS

Index-type ELS products currently offer strong 15-20% returns with manageable volatility; single-stock ELS yields are high but their volatility is unmanageable, so ELS exposure should be index-type only.

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This 3PRO TV (삼프로TV) video, published September 04, 2026, features Park Ji-hoon, Baek Chan-gyu, Heo Jaemu discussing Korean robotics sector, Korean space/aerospace theme, 005930.KS, 000660.KS, KORU, Korean Steel Sector, 006400.KS, WTI, High-dividend/buyback stocks, Korean cosmetics, Korean Shipbuilding, Korean AI infrastructure (semiconductor equipment and power equipment), Korean defense/aerospace, Korean nuclear power, Korean secondary batteries, Dow Jones U.S. Dividend Growth Index monthly dividend ETF, Index-type ELS, Single-stock ELS. 11 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Park Ji-hoon, Baek Chan-gyu, Heo Jaemu · Tickers: Korean robotics sector, Korean space/aerospace theme, 005930.KS, 000660.KS, KORU, Korean Steel Sector, 006400.KS, WTI, High-dividend/buyback stocks, Korean cosmetics, Korean Shipbuilding, Korean AI infrastructure (semiconductor equipment and power equipment), Korean defense/aerospace, Korean nuclear power, Korean secondary batteries, Dow Jones U.S. Dividend Growth Index monthly dividend ETF, Index-type ELS, Single-stock ELS