[Click e Stocks] Tech-Centered Investment Strategy for the New Year... Increasing Weight in LG Innotek and Others

[Asia Economy Reporter Lee Seon-ae] Hana Financial Investment announced on the 3rd that it will maintain its investment strategy of increasing the proportion of tech companies.

Kim Rok-ho, a researcher at Hana Financial Investment, emphasized, "The overall detailed stock price trend of the tech sector continues," and "2022 earnings are expected to be favorable." First, smartphones, which were greatly affected by the semiconductor supply shortage, are expected to benefit from a base effect. In addition, due to the expansion of demand for IT devices, the demand situation for tech components is expected to maintain a steady trend.

Researcher Kim recommended, "Following last week, we suggest an investment strategy that increases the number of tech sector stocks," adding, "For large-cap stocks, we maintain LG Innotek as the top pick and recommend a strategy to increase the proportion of Samsung Electro-Mechanics." He continued, "For small and mid-cap stocks, we maintain an investment strategy focused on package substrate companies and recommend BH and Haesung DS, whose price-to-earnings ratios are sluggish compared to their earnings."

Last week, it was difficult to find a clear direction for the stock prices of global tech companies by sub-sector. In terms of year-to-date stock returns, package substrate companies Nanya PCB, Unimicron, and Shinko showed excellent performance at 214%, 164%, and 133%, respectively, levels difficult to compare with other sectors. It is judged that steady interest in global and domestic package substrate companies is necessary in 2022 as well. Additionally, PC companies Dell and HP both demonstrated stock returns exceeding 50%, dispelling concerns about a reverse base effect this year. Although home appliance companies had lower stock returns, the fact that all closed higher is also a noteworthy point.

Meanwhile, Korea's export data showed a contraction compared to the same months last year over the three months from September to November, but it turned to growth after four months. This is a data point that could positively influence investment sentiment for Samsung Electro-Mechanics. However, since exports by weight still stand at -12%, it is necessary to monitor future trends.

This content was produced with the assistance of AI translation services.