Name: [May 20th Closing Market Review] All Stocks Shook...Now You Should Look at Large-Cap Stocks Rather Than Small Ones | Hong Seonae, Lee Gwonhui, Lee Jaegyu [Closing Bell Live]
Uploaded: 2026-05-20T08:12:56+00:00
Duration: 4189 s

Speakers

Lee Kwon-hee — CEO, Economist

Lee Jae-kyu — PB Deputy Manager, SK Securities

Summary

This closing market review on May 20th covers the KOSPI and KOSDAQ decline driven by Samsung Electronics' strike news and rising US Treasury yields. Guests Lee Kwon-hee and Lee Jae-gyu advise focusing on large-cap stocks, highlighting specific opportunities in Samsung Electro-Mechanics, HD Hyundai Heavy Industries, and US quantum computing stocks. They express cautious optimism on Samsung Electronics and SK Hynix, while warning against new IPO stocks.

Samsung Electronics' strike caused intraday volatility but the stock recovered on hopes of government intervention.
US Treasury yield rise continued to pressure growth stocks, especially on KOSDAQ.
Guests recommend rotating into large-cap stocks and away from small/mid-caps.
Samsung Electro-Mechanics surged on a large silicon capacitor supply deal with a US company.
HD Hyundai Heavy Industries is seen as having significant upside due to data center engine demand.
Quantum computing exposure should be pursued via US stocks IonQ and Rigetti, not Korean names.
New IPO stocks like Machinarocks are considered overhyped and should be avoided initially.
NVIDIA's competitive moat via NVLink and CUDA is seen as unbreachable, supporting AI semiconductor demand.

Trade Ideas

Lee Jae-kyu PB Deputy Manager, SK Securities 8:12

Samsung and SK Hynix are not concerning.

Samsung Electronics and SK Hynix are not overly concerning despite the recent correction. The pullback is normal after a steep rally and fundamentals remain intact. The stocks have moved closer to technical support levels and are likely to rebound, especially if the macro environment stabilizes.

Lee Kwon-hee CEO, Economist 15:06

Samsung Electronics will rise further.

Lee Jae-kyu PB Deputy Manager, SK Securities 29:57

Focus on large-cap stocks now.

Investors should rotate into large-cap stocks and away from small/mid-caps during this correction. Large caps have shown resilience and offer better value, while smaller stocks have been hit harder and have weaker fundamentals. The KOSPI ETF or large-cap ETFs are preferred vehicles.

Lee Kwon-hee CEO, Economist 34:48

Samsung Electro-Mechanics has further upside.

Samsung Electro-Mechanics has strong upside after winning a 1.5 trillion won silicon capacitor supply deal for AI chips. The stock has risen for 8 weeks and still has room to reach 120-130 million won from current 106 million won, supported by high margin products and AI demand.

Lee Jae-kyu PB Deputy Manager, SK Securities 60:48

HD Hyundai Heavy has 50% upside.

HD Hyundai Heavy Industries has significant upside based on a new target price of 900,000 won (current ~600,000 won). The company's engine business benefits from data center power demand, and recent earnings were solid. The stock is undervalued relative to its growth potential.

Lee Kwon-hee CEO, Economist 64:46

Buy IonQ and Rigetti for quantum.

For quantum computing exposure, US-listed stocks IonQ and Rigetti Computing are better investments than Korean quantum stocks, which are mostly quantum cryptography and not true quantum computing. He explicitly recommends buying IonQ and Rigetti.

[May 20th Closing Market Review] All Stocks Shook...Now You Should Look at Large-Cap Stocks Rather Than Small Ones | Hong Seonae, Lee Gwonhui, Lee Jaegyu [Closing Bell Live]

Summary

Trade Ideas

Up Next