Only Leading Stocks Rising; Next Explosion Is 'This Stock' - Energy, AI Data Centers, May Korea Market Focus | Director Park Jin-hee

Summary

Director Park Jin-hee discusses the dominance of energy and AI-related sectors in the Korean market, highlighting nuclear power, robotics, and secondary batteries as key long-term themes. She advises investors to maintain exposure to leading sectors while selectively picking neglected stocks with solid earnings, and notes that biotech may see a catalyst in late May.

• Energy scarcity from AI data centers and geopolitical events is driving investment in nuclear power and alternative energy sources.
• Doosan Enerbility is highlighted as a key nuclear stock, though short-term corrections are possible.
• Robotics is viewed as a long-term beneficiary of AI and automation, with Doosan Robotics as a favored play.
• Secondary battery stocks, especially LG Energy Solution, are seen as having catch-up potential due to ESS and EV recovery.
• Power equipment and cable stocks have run up significantly and are considered overvalued in the near term.
• Neglected stocks with strong earnings in sectors like games, chemicals, and steel may offer opportunities.
• Biotech remains weak but could see a catalyst around the ASCO conference in late May.
• The host emphasizes a barbell strategy of holding leading sectors while accumulating undervalued names.