People who sold regret it..." The truth of the current market | Lee Seon-yeop, AFW Partners CEO [Weekend Interview]

Summary

AFW Partners CEO Lee Seon-yeop discusses the market outlook, focusing on the impact of a potential Ukraine ceasefire on oil and Fed policy. He advises holding through volatility and buying semiconductor leaders and equipment stocks. He highlights opportunities in secondary batteries driven by data center power demand and Korean AI beneficiaries selected by Jensen Huang, while also noting unjustified selling in financials.

• Potential Ukraine ceasefire could lower oil and remove Fed rate hike overhang, boosting markets.
• Semiconductor large caps (Samsung, SK hynix) and equipment/parts stocks are buying opportunities on dips caused by non-fundamental flows.
• SK hynix's capex expansion plans signal a shift to volume growth, benefiting semiconductor equipment and materials.
• Secondary battery demand is rising due to data center backup power needs and US restrictions on Chinese competitors.
• Korean AI beneficiary stocks (Naver, LG Group, Doosan Group, Hyundai Motor) are now officially in NVIDIA's ecosystem and have solid standalone earnings.
• Financial and securities stocks are being unjustly sold despite strong earnings, offering value.
• Biotech requires stock-specific selection and is not a sector-wide AI play.
• Investors should focus on the big picture and avoid getting chopped up by short-term volatility.