March to Resolve Uncertainty... Which Stocks Should We Consider?

[Asia Economy Reporter Kwon Jaehee] The challenging first quarter continues amid concerns over US tightening and geopolitical risks between Russia and Ukraine. Especially with the FOMC's interest rate hike expected in March, let's take a look at which stocks to watch this month.

Samsung Securities recommended the mobility and IT sectors as key sectors in the rebound phase. Although they faced adjustments due to rising raw material prices, logistics costs, and semiconductor supply concerns, the growth outlook remains clear.

Shin Seungjin, a researcher at Samsung Securities, analyzed, "Since the US is considered the core of global electric vehicle market growth in 2022, it is the right time for Korean battery companies that have proactively invested in the US battery market to see their sales growth accelerate."

The recommended stocks in the mobility sector include LG Energy Solution, SK Innovation, Kia, and Hyundai AutoEver.

In addition, despite solid indicators in the semiconductor and tech sectors, only stock prices have been adjusted, so there is a high possibility of a rebound. Samsung Securities selected SK Hynix and LG Innotek as recommended stocks related to semiconductors and tech.

Another important event to watch in March is China's Two Sessions. If the Chinese government announces active stimulus measures, cyclical and consumer stocks are expected to benefit, with Shinsegae International and Fila Holdings recommended.

Researcher Shin said, "Although the number of domestic COVID-19 cases is reaching an all-time high, considering cases in Europe and the US, it is likely that this is the peak," adding, "Fila Holdings was newly included due to the increased proportion of reopening."

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