Samsung Electronics and SK Hynix Rally: Broker Targets and Holding Strategy

Investor attention is growing over how long to hold Samsung Electronics and SK Hynix, the two largest Kospi stocks by market capitalization and Korea’s leading semiconductor names. This year, the two stocks have jumped 129% and 191%, respectively, becoming central names in the market. Brokerage firms have suggested target prices as high as 500,000 won for Samsung Electronics and 3.1 million won for SK Hynix. The backdrop is the view that artificial intelligence investment is not optional but a matter of “survival,” along with expectations that the semiconductor upcycle will continue next year. However, analysts also warn that upside momentum could weaken after the sharp short-term rally. Source: mk.co.kr