[Urgent Market Update] The plummeting market that made individuals dump 3 trillion won... The bottom has finally been found. / '4 types' of oversold stocks to hold besides semiconductors | CEO Kim Min-soo

Summary

In this urgent market update, CEO Kim Min-soo of Lemon Research analyzes the recent plunge that triggered massive retail selling. He argues the bottom has been confirmed and investors should hold. He warns against domestic leveraged ETFs, highlights SK hynix ADR as a better leveraged vehicle, and identifies semiconductor equipment, power equipment, shipbuilding, defense, and nuclear as oversold sectors to buy. He also recommends avoiding biotech and optical communication stocks.

• Market bottom confirmed; KOSPI and KOSDAQ should be held for recovery.
• Avoid domestic 2x leveraged ETFs due to volatility decay; hold spot shares instead.
• SK hynix ADR offers a superior way to gain leveraged exposure.
• Semiconductor equipment/materials is the leading sector for the rebound.
• Korean biotech is untrustworthy and should be sold on rebounds, including HLB.
• Power equipment (LS Electric, HD Hyundai Electric, Gaon Cable) is a strong long-term buy on oversold levels.
• Shipbuilding (HD Hyundai Heavy Industries), defense (Hanwha Aerospace), and nuclear (Doosan Enerbility) are all oversold opportunities.
• Optical communication plays in Korea are unattractive; Daehan Gwangtongsin should be trimmed at resistance.