[Featured Stock] SL Rises on Anticipation of Hyundai Motor and GM Joint Strategy Announcement

SL is showing strong performance in the early trading session. The investment sentiment for SL, a parts manufacturer, is interpreted to have improved as expectations spread that Hyundai Motor will respond to tariff risks through cooperation with GM (General Motors).

As of 9:05 AM on the 21st, SL is trading at 33,000 KRW, up 12.44% (3,650 KRW) from the previous close. This marks the fourth consecutive trading day of gains since the 18th.

Earlier, Hyundai Motor signed a comprehensive Memorandum of Understanding (MOU) with GM in September last year for joint development and production of passenger and commercial vehicles, as well as cooperation in developing eco-friendly energy such as hydrogen. Kim Gwi-yeon, a researcher at Daishin Securities, noted, "As five months have passed since the MOU signing, expectations for related strategic announcements are increasing," and identified SL, which has a high sales ratio in the Americas and Hyundai-GM, as a beneficiary stock.

Domestic automobile stocks, including Hyundai Motor, are on high alert as there is a possibility that the tariff plan announcement by U.S. President Donald Trump, originally scheduled for April, may be moved up. Researcher Kim emphasized, "It is essential to focus on stocks with factories located in the U.S.," adding, "Continuous attention is needed for parts stocks such as SL, HL Mando, and Hyundai Mobis, including Hyundai Motor."