Semiconductor Materials, Parts, and Equipment: You Only Need to Look Within This

Summary

Park Se-ik and Choi Ho discuss semiconductor materials, parts, and equipment, arguing investors only need to focus on leading-edge advanced equipment names such as EO Technics, HPSP, Jusung Engineering, Hanmi Semiconductor, and GigaVis. They also note many small/mid semiconductor materials, parts, and equipment names are extremely cheap. Park uses a 2006-2007 analogy to expect a sharp summer shakeout followed by a strong rally in KOSPI and S&P 500 through next year.

• The discussion centers on narrowing the large semiconductor materials, parts, and equipment universe to advanced-node leaders.
• EO Technics, HPSP, Jusung Engineering, Hanmi Semiconductor, and GigaVis are highlighted as leading-edge equipment names.
• Many small/mid semiconductor materials, parts, and equipment names are described as extremely cheap.
• Park Se-ik draws a 2006-2007 analogy, expecting a sharp summer correction to remove weak hands.
• He expects Korean and US equities to rally strongly through next year.
• Investors are advised to study potential 100% upside stocks during corrections.