As of 12:30 PM on the 26th, Samsung Electronics is trading at 82,300 KRW, down 3.52% from the previous day. The trading volume is 21,356,401 shares, which is about 63.36% of the previous day's volume. Samsung Electronics is known as a global IT company.
On February 26, Choi Doyeon, a researcher at Shinhan Financial Investment, stated, "About 60% of the company's profits come from memory semiconductors. This marks a turning point where the core investment focus shifts from non-memory to memory. With the sharp rise in DRAM prices and the NAND turnaround, the memory semiconductor market is expected to improve very rapidly. Due to these expectations, the stock prices of SK Hynix, Micron, and Western Digital have recently surged. There is no reason for Samsung Electronics, the number one memory semiconductor company, not to join the stock rally. The stock price has already rested sufficiently. It is time to focus on the memory semiconductor turnaround." He set Samsung Electronics' target price at 120,000 KRW.
Over the past five days, individual investors have net sold 10,090,326 shares of Samsung Electronics, while foreign investors and institutions have net bought 4,204,256 shares and 5,962,766 shares, respectively.
※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
