Ideas
Raise cash for risk management.
Although he is positive on the market, Lee Jae-gyu recommends raising cash to 10-20%, and later says about 20% into the end of the week, because KOSPI has run from around 3,000 to 5,000, daily volatility has expanded to 3-4%, and ETF-driven whipsaws make position sizing critical even if fundamentals are not overvalued.
Korean equities still have upside room.
Lee Jae-gyu argues the Korean equity market still has upward room because retail and ETF flows are strong, foreign investors are underweight Samsung Electronics and SK hynix and have limited ability to push the market down through short selling, and a US rebound could bring foreign buying back. He prefers KOSPI over KOSDAQ, with MSCI developed-market reclassification and low index valuation providing additional re-rating potential.
Samsung and SK hynix remain attractive.
Lee Jae-gyu views Samsung Electronics and SK hynix as the core Korean market drivers and still attractive: 2026 EPS estimates are rising, P/E is around 10x versus about 15x for developed markets, foreign ownership is light, HBM4 is expected to give Samsung and SK hynix about 90% share versus 0% for Micron, operating margins exceed 70%, AI capex is still growing, memory shortage may last to 2027, and HBM ROI is much higher than DRAM. SK Securities has a SK hynix target price of 1.5 million won.
US value and Dow lead.
Lee Jae-gyu argues US leadership is shifting away from Nasdaq and S&P 500 growth toward Dow/value, with the Dow at a record after strong ISM manufacturing data. If investors trade US stocks, he says financials and Dow-related companies look more attractive as the growth-value gap narrows.
Korean financials benefit from value rotation.
If the US growth-to-value rotation continues, Lee Jae-gyu expects Korean financials to follow. He favors banks and securities firms, particularly companies with large treasury shares and strong shareholder-return capacity, and ties this to the Korean government's continued market-support and shareholder-return policy drive.
Power equipment sector turning positive.
Lee Jae-gyu sees Korean power equipment as a follow-on trade to AI and semiconductors: transformers, transmission, and distribution are drawing funds and showing high volatility. He highlights Sanil Electric, a laggard with US exposure and weak fundamentals, rising 11-12%, as evidence the power-equipment sector deserves a more positive look, though he warns Sanil's small scale limits the signal.
Solar gains from China supply shift.
Lee Jae-gyu says solar is attracting money because Trump's China restrictions are reshaping supply chains and Musk-related narratives are boosting future-energy themes. He cites Hanwha Solutions, HD Hyundai Energy Solutions, OCI Holdings, Shinsung E&, and SDN as moving solar names, and frames solar as an energy-source sector with rising investor interest.
Nuclear demand is rising.
Lee Jae-gyu says nuclear is an energy source drawing capital as AI and data-center power demand rise and major investment plans expand. He presents nuclear as part of the next narrative after semiconductors and notes that funds have moved into the sector.
Semiconductor equipment offers higher-risk returns.
Within the semiconductor upcycle, Lee Jae-gyu says Korean semiconductor equipment and materials offer a different risk/reward than Samsung Electronics and SK hynix: lower probability of success but much higher expected return, with recent strong price action. He frames it as a deliberate choice for more active traders who accept higher volatility.
Batteries benefit from Trump, Musk themes.
Lee Jae-gyu says secondary batteries may get a reflected benefit from Trump's policies and from Musk-related growth narratives. He groups Korean battery stocks with the KOSDAQ future-growth sectors moving as part of global industrial reorganization.
Defense budgets rise under Trump.
Lee Jae-gyu argues the Trump era is pushing countries to raise defense budgets because the US is stepping back from its global policing role. He says defense has momentum in Korea and is part of the Trump/Musk-driven industrial and geopolitical reorganization.
Shipbuilding has Trump-driven momentum.
Lee Jae-gyu mentions Korean shipbuilding as having momentum alongside defense under the Trump/Musk-driven geopolitical and supply-chain reorganization theme, though he gives less detail than for semiconductors or energy.
Musk themes lift space and robotics.
Lee Jae-gyu says Musk-related narratives from the US are driving Korean market themes, with space and robotics among the future new-growth industries tied to industrial reorganization. The edge is thematic and narrative-driven rather than company-specific.
Korean manufacturers win from China shift.
Lee Jae-gyu argues that US restrictions on China and supply-chain reorganization benefit Korea because very few countries can manufacture everything from basic steel and chemicals to semiconductors and batteries. He says Korean companies are positioned to take share as the US pushes companies to reduce China exposure.
Stablecoin rules may draw funds.
Lee Jae-gyu notes stablecoin-related legislation passed a committee in February and may be processed before the holiday, creating expectations that funds could flow into stablecoin-related assets. He treats it as a developing regulatory catalyst rather than a confirmed trade.
This 3PRO TV (삼프로TV) video, published February 09, 2026,
features Lee Jae-kyu
discussing CASH, EWY, 005930.KS, 000660.KS, DJI, XLF, Korean financials, Korean shareholder-return stocks, Korean Power Equipment, TAN, URA, Korean semiconductor equipment/materials, LIT, Korean Defense, Korean Shipbuilding, SPACE, Korean Robotics, Korean industrials/exporters, Stablecoin-related assets.
15 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Lee Jae-kyu
· Tickers:
CASH,
EWY,
005930.KS,
000660.KS,
DJI,
XLF,
Korean financials,
Korean shareholder-return stocks,
Korean Power Equipment,
TAN,
URA,
Korean semiconductor equipment/materials,
LIT,
Korean Defense,
Korean Shipbuilding,
SPACE,
Korean Robotics,
Korean industrials/exporters,
Stablecoin-related assets
