Ideas
Doosan Enerbility is key nuclear equipment supplier.
The nuclear renaissance becomes a reality in 2026 as AI data centers and power shortages force more nuclear and gas generation. Doosan Enerbility is the key equipment supplier regardless of which reactor designer wins orders, can serve both Korea and the US, and supplies large nuclear components, SMR equipment, and large gas turbines as one of only a few capable global makers. Lee sees room to 140,000 won and calls it a second upcycle.
Shipbuilding cycle can run three years.
The shipbuilding cycle is in its third year and can continue through a three-year cycle because ships take about three years to build. This cycle is qualitatively better than 2011 because it is earnings-driven rather than a bubble, and the current chart position is the test of whether it extends.
Hanwha Aerospace may peak this year.
Defense leader Hanwha Aerospace is in its third year and may peak this year; the defense order cycle also takes about three years, leaving the stock in a late-cycle, limited-upside position.
KEPCO E&C can enter US independently.
He changed his view on KEPCO E&C from negative to positive because it can finally advance into the US market and break free from being tied only to KHNP. Although it still pays royalties and is linked to APR1400/Westinghouse, the key change is independent overseas sales; he would buy when the US entry is announced, comparing it to a domestic company becoming an independent exporter.
BHI benefits from all power plant boilers.
BHI makes heat-recovery boilers and HRSG equipment used in thermal, nuclear, and gas power plants, so rising electricity demand and new plant construction should increase orders. Its valuation is cheaper than Doosan Enerbility, and it benefits alongside Doosan as a power-plant equipment supplier rather than a pure nuclear play.
LS Electric gains from data-center power demand.
AI data-center buildout and replacement of old grid equipment are driving power-equipment demand. LS Electric rallied because switchgear and distribution panels are going into data centers, adding a new growth layer; although other companies are also preparing, the demand theme remains positive.
Cameco benefits from US uranium support.
The US is trying to domesticate high-grade uranium supply and is subsidizing uranium mining and processing. Cameco, a Canadian company with high-grade uranium mines, is starting to show revenue and should benefit from the nuclear fuel supply chain.
Sanil Electric benefits from renewable transformers.
Renewable power is intermittent and requires more inverters and special transformers, making Sanil Electric a beneficiary of renewable equipment demand. The speaker still prefers nuclear for the mid-to-long term, so this is a secondary positive.
Hyundai and Daewoo win nuclear construction work.
Even if KHNP does not win US nuclear orders, if US companies build reactors, Hyundai E&C and Daewoo E&C are likely to handle the construction. They are the construction beneficiaries of the nuclear buildout, while Doosan supplies components.
KEPCO is central to power grid expansion.
KEPCO has already rallied but still trades below PBR 1, and the speaker expects further upside. It is central to Korea's needed power-grid expansion and nuclear buildout, and it holds nuclear design licenses together with KEPCO E&C; electricity price hikes alone do not explain the move.
Woojin and Woori Technology benefit from I&C.
As nuclear plants are built, instrumentation and control localization and maintenance demand should rise, with measurement/control likely arriving faster than maintenance. He names Woojin and Woori Technology as the I&C plays; Woori Technology may move later after installations, so pre-moving it is questionable.
Woojin and Woori Technology benefit from I&C.
As nuclear plants are built, instrumentation and control localization and maintenance demand should rise, with measurement/control likely arriving faster than maintenance. He names Woojin and Woori Technology as the I&C plays; Woori Technology may move later after installations, so pre-moving it is questionable.
Uranium prices should rise with nuclear.
The nuclear renaissance and supply-security concerns should push uranium prices higher, though the speaker says this is not the main point of the nuclear thesis.
This 815 Money Talk (815머니톡) video, published January 17, 2026,
features Lee Kwon-hee
discussing 034020.KS, 009540.KS, 012450.KS, 052690.KS, 083650.KQ, 010120.KS, CCJ, 062040.KS, 000720.KS, 047040.KS, 015760.KS, Woori Technology, Woojin, URA.
13 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Lee Kwon-hee
· Tickers:
034020.KS,
009540.KS,
012450.KS,
052690.KS,
083650.KQ,
010120.KS,
CCJ,
062040.KS,
000720.KS,
047040.KS,
015760.KS,
Woori Technology,
Woojin,
URA
