Aftermath of unprecedented forced selling… August stock market, here's how to respond / Oversold stocks to buy before a rebound | Director Lee Young-hoon

Summary

Lee Young-hoon, Director at iM Securities, reviews the unprecedented forced selling and the 1,000-point single-day rebound. He sees a cheap accumulation zone for Samsung Electronics and SK Hynix after DUV noise clears and the Samsung conference call confirms cycle sustainability. He also highlights opportunities in Korean power equipment, shipbuilding, biotech (Alteogen), semiconductor materials/equipment, and the humanoid robotics theme.

• The forced selling storm appears to have peaked with historic volume, and the market is finding a bottom.
• Samsung’s conference call provided a guarantee of cycle sustainability and a profitability floor, removing the biggest fears.
• Samsung Electronics and SK Hynix are considered cheap even after the rebound, and dip-buying remains the strategy.
• Korean power equipment stocks have become significantly undervalued compared to US peers.
• Alteogen’s market cap parity with Halozyme signals a short-term bottom in biotech.
• Shipbuilding fundamentals are intact (long backlogs, low replacement rate, LNG demand shifts) despite weak share prices.
• When semiconductor capex noise clears, oversold 소부장 stocks offer recovery opportunities.
• The AI cycle’s next stage could favor humanoid robotics as a new investment focus.