Stock price when the opinion was issued
Hard to know what 2024 landscape will look like in the western world. Hard times already felt in China and Asia, so this is a bit of a bet on Asia-Pacific. Mammoth company. Largest DRAM (memory) chip maker. Second to TSM as a foundry, 59% share vs. 13%. Samsung wants to double its share in 5 years. Great report. Yield is 2%.
No ADR. Trades on the London Stock Exchange. Buy in thirds at $1360, $1300, and $1200.
They just reported a monster return. It's an AI play in that they produce phones and other electronics that need AI. They lag TSCM, though. Shares are on sale now and worth a look. Will benefit from the general uplift in semis sales.