Even those who made profits should not be complacent… The importance of portfolio balance in a bull market | Lee Jae-gyu, SK Securities PB Deputy Manager [Focus: Today's Stocks]

Even those with profits shouldn't be complacent... The importance of portfolio balance in a rising market | Lee Jae-gyu, SK Securities PB Deputy Manager [Focus Today's Stock]

Watch on YouTube ↗ | May 06, 2026 at 10:30 | 38:10 | 3PRO TV (삼프로TV)

Speakers

Lee Jae-gyu

Summary

The KOSPI surged to 7,400 points led by Samsung Electronics and SK Hynix, but two-thirds of stocks fell, highlighting extreme concentration. Lee Jae-gyu emphasizes portfolio balance, advocating rotation into glass substrate stocks, securities, and KOSDAQ via the National Growth Fund while holding semiconductors but avoiding overexposure.

KOSPI hit 7,400 points, but most stocks declined, showing severe divergence.
Lee Jae-guy advises reducing semiconductor weight and adding other sectors.
Glass substrate stocks (SKC, Philoptics, etc.) are recommended as alternatives.
Samsung Electronics is seen as more attractive than SK Hynix in the near term.
Securities stocks benefit from rising volumes and foreign inflow catalysts.
KOSDAQ 150 ETF is a play on the upcoming National Growth Fund allocation.
Robot stocks are a longer-term watch theme.
LS Corp and CJ Corp are highlighted as long-term policy beneficiaries.

Trade Ideas

Lee Jae-kyu PB Deputy Manager, SK Securities 4:00

Glass substrate stocks are attractive alternatives

Glass substrate stocks (SKC, Philoptics, J&TC, Camtronics) are attractive as substitutes for overextended semiconductor giants. They benefit from the AI semiconductor supply chain, Intel-Apple alliance, and sample supply starting in April, with SKC leading in glass substrate technology. These names have lagged but are now showing strong momentum.

Lee Jae-kyu PB Deputy Manager, SK Securities 11:49

SK Hynix is overextended, buy on dip

SK Hynix (000660.KS) is still a strong holding, but the stock is overextended with a 26% deviation from its 21-day moving average, the highest in six months. Investors should hold existing positions but avoid new aggressive buys; buy on a pullback to around 150,000 won.

Lee Jae-kyu PB Deputy Manager, SK Securities 13:56

Samsung Electronics is more attractive near-term

Samsung Electronics (005930.KS) is more attractive than SK Hynix in the near term due to lower short-term overextension (deviation from moving average), potential inflows from foreign buying of Korea, and a possible foundry profit turnaround. Forward P/E of 10x implies a target of 400,000 won.

Lee Jae-kyu PB Deputy Manager, SK Securities 29:22

Securities stocks benefit from rising volumes

Securities stocks (Samsung Securities, Kiwoom Securities, Mirae Asset) benefit from rising trading volumes, foreign access to Korean stocks starting in May, and Korea's undervalued market (KOSPI P/E 8.3 vs global 15-20). Brokerage revenues will rise with increased turnover, and the sector has already shown strong performance.

Lee Jae-kyu PB Deputy Manager, SK Securities 33:07

Robot stocks are a watch for long-term

Robot stocks (HL Mando, Halla, Korea PIM, RoboTis) are positively viewed due to the upcoming humanoid robot production ramp (Tesla Optimus mass production by mid-next year). This is a longer-term theme but worth monitoring.

Lee Jae-kyu PB Deputy Manager, SK Securities 34:55

LS and CJ are attractive long-term

LS Corp and CJ Corp are holding companies with policy momentum. LS benefits from power infrastructure and CJ from consumer/entertainment exposure. Both are seen as attractive long-term holdings.

Lee Jae-kyu PB Deputy Manager, SK Securities 35:13

KOSDAQ 150 ETF benefits from National Fund

KOSDAQ 150 ETF (e.g., KODEX KOSDAQ 150) is a good way to play the upcoming National Growth Fund (starting April 22) which will allocate 30% to KOSDAQ. With small-cap rotation and a small market size, even modest inflows can drive significant upside. Buy on weakness.

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This 3PRO TV (삼프로TV) video, published May 06, 2026, features Lee Jae-kyu discussing 161580.KQ, 204270.KQ, 089110.KQ, 011790.KS, 000660.KS, 005930.KS, 039490.KS, 006800.KS, 016360.KS, 204320.KS, Halla, 448900.KQ, 108490.KQ, 006260.KS, 001040.KS, 229200.KS. 7 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Lee Jae-kyu · Tickers: 161580.KQ, 204270.KQ, 089110.KQ, 011790.KS, 000660.KS, 005930.KS, 039490.KS, 006800.KS, 016360.KS, 204320.KS, Halla, 448900.KQ, 108490.KQ, 006260.KS, 001040.KS, 229200.KS