Samsung Electronics Tops Domestic Stock Gifts
"Semiconductor Hopes" Drive Popularity
Tesla Dominates Overseas Stock Gifts
AI Boom Fuels Global Demand
As the culture of gifting stocks spreads around Christmas, it has been found that Samsung Electronics was the most gifted stock among individual investors this year.
KB Securities announced on December 25 that it had analyzed transactions made through its “Stock Gifting Service” from the beginning of this year until December 22, and compiled these results.
Samsung Electronics ranked first, accounting for 9% of all domestic stock gifts by number of transactions. When including Samsung Electronics preferred shares, the proportion of Samsung Electronics-related gifts exceeded 10% of the total.
Among the top domestic stocks gifted, LG CNS ranked second with 4.0%. This was followed by ▲Samsung Electronics preferred shares (2.4%) ▲Myungin Pharmaceutical (2.3%) ▲Doosan Enerbility (1.6%) ▲Kakao (1.4%) ▲Daehan Shipbuilding (1.3%).
The securities industry believes that Samsung Electronics' relatively low price per share compared to other major semiconductor stocks makes it less burdensome as a gift. In addition, the strong performance of US tech stocks has boosted expectations for further gains across the semiconductor sector, which has influenced investors' choices.
Kim Dongwon, Head of the Research Center at KB Securities, stated, "Samsung Electronics is trading at a price-to-book ratio (PBR) of 1.5 times, which is a 44% discount compared to the average of its competitors, making it the most undervalued among global DRAM companies. There is significant potential for the stock price to rise in the future."
In overseas stock gifts, US tech stocks performed strongly, riding the wave of artificial intelligence (AI) enthusiasm. Tesla was the most gifted foreign stock among individual investors, accounting for 10% of all overseas stock gifts. Nvidia followed with about 9%, and ▲Palantir (5.0%) ▲Alphabet A (3.8%) ▲Apple (3.5%) ▲IonQ (2.8%) were also among the top stocks gifted.
In addition, exchange-traded funds (ETFs) based on Tesla's stock price, such as “Direxion Daily TSLA Bull 2X Shares (TSLL)” and “YieldMax TSLA Option Income Strategy (TSLY),” were also included among the top 10 overseas stock gifts.
Meanwhile, on December 23, the Federation of Korean Industries (FKI) announced that it had proposed to the Office for Government Policy Coordination the introduction of a “Stock Gifticon Service” to broaden the domestic stock market and foster a culture of corporate appreciation among the public. The Stock Gifticon is a financial investment service concept that issues specific listed stocks in the form of a mobile gifticon, allowing individuals to gift them digitally to others.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
