The stocks most heavily net-bought by high-return investors trading at Mirae Asset Securities (006800.KS) on Tuesday morning were Samsung Electronics (005930.KS), Samsung Electro-Mechanics (009150.KS) and Hyundai Mobis (012330.KS), in that order.
According to Mirae Asset Securities, the stock most heavily bought through 11 a.m. by "stock masters" — the top 1% of the brokerage's stock-trading clients by investment return over the past month — was Samsung Electronics.
As of 11 a.m. Tuesday, Samsung Electronics traded at 335,500 won, down 2.19% from the previous session. The stock appeared to be pausing for breath after weakness driven by profit-taking centered on technology shares in the New York market overnight. Amid caution ahead of the June Federal Open Market Committee (FOMC) meeting, Micron (-6.2%) and Intel (-8.5%) declined, and the Philadelphia Semiconductor Index also fell 5.7%.
The moves suggest the stock masters are seizing this correction as a buying opportunity and engaging in bargain-hunting. On Tuesday, DS Investment & Securities raised its target price for Samsung Electronics to 530,000 won, saying the company had secured earnings strength at a level of 100 trillion won in quarterly operating profit, helped by strong memory market conditions and strengthened foundry competitiveness. "DRAM and NAND flash average selling prices (ASP) will rise 45% and 60% respectively, driving an improvement in earnings," DS Investment & Securities analyst Lee Su-rim said. "Considering shareholder returns and full-stack semiconductor manufacturing capabilities, further re-rating of the company's value is possible."
Samsung Electro-Mechanics took second place in net buying. At the same time, its shares were trading at 2,057,000 won, up 0.44% from the previous session. As of the previous day, Samsung Electro-Mechanics had risen 703.1% this year, marking the highest gain among all KOSPI stocks. DB Securities issued a striking target price forecast of 3 million won for Samsung Electro-Mechanics on the 1st of this month. At the time, DB Securities analyst Cho Hyun-ji said, "Both flip-chip ball grid array (FCBGA) packaging substrates for highly integrated semiconductors and multilayer ceramic capacitors (MLCC) are enjoying an unprecedented boom, and multiples are continuing to rise." She added, "Given that it holds top-tier technological capabilities in both components, Samsung Electro-Mechanics occupies an irreplaceable position."
Third in net buying was Hyundai Mobis, where expectations are growing as one pillar of the robotics value chain, trading at 636,000 won, down 3.64% from the previous session. Analysts forecast that Hyundai Mobis will see continued earnings improvement linked to the medium- to long-term growth of Boston Dynamics. "Hyundai Mobis's future role is not that of a simple parts supplier but a hardware platform provider for the humanoid industry," Yuanta Securities analyst Kim Yong-min said. "Boston Dynamics's medium- to long-term production expansion will translate into revenue growth for Hyundai Mobis." He also sharply raised his target price to 870,000 won from the previous 560,000 won.
The top net-sold stocks Tuesday were Samsung Heavy Industries (010140.KS), Kia (000270.KS), SK (034730.KS) and SK Square (402340.KS). In the previous session, net buying was largest in Samsung Electronics, Samsung Heavy Industries and Samsung Electro-Mechanics, while top net selling involved SK hynix (000660.KS), LIG Defense & Aerospace (079550.KS) and Hyundai Engineering & Construction (000720.KS).
Mirae Asset Securities compiles the trades of the top 1% of its clients by return over the past month and discloses them on its mobile trading system (MTS) on a real-time, previous-day and recent five-day basis. This statistical data is simple informational guidance unrelated to Mirae Asset Securities's views and does not guarantee investment outcomes or returns suited to any individual investor. Investors should also note that theme stocks carry the risk of abnormal sharp fluctuations.
