Now is a very good market to make money with stocks | Hong Seonae, Park Se-ik, Chesley Investment Advisory CEO [Yeouido Insight]

Summary

Park Se-ik, CEO of Chesley Investment Advisory, analyzes the extreme market bifurcation between semiconductor giants and other stocks in Korea. He argues the semiconductor cycle is extended but finite, and that other sectors like robotics, shipbuilding/defense, and small-cap value will eventually rotate higher. He advises buying semiconductor stocks on pullbacks and remains broadly bullish on the Korean market through 2026.

• The Korean stock market is in a strong bull market driven by AI and semiconductors.
• Semiconductor cycle may last 3 years but is not permanent; watch Big Tech CapEx.
• Samsung Electronics and SK hynix are the main drivers but will trade in a range.
• When semiconductors pause, robotics and shipbuilding/defense sectors could rally.
• Small-cap value stocks have been left behind but may catch up historically.
• Investors are advised to buy semiconductor stocks on 20% pullbacks.
• The overall market is favorable for stock investing through late 2026.
• Patience and conviction in holdings are key to long-term returns.