30 Most Fantastic Stocks Every Investor Should Pay Attention To

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17. SK hynix Inc. (OTC:HXSCL)

Market Cap: $291.5 Billion

Number of Hedge Fund Holders: NA

SK hynix Inc. (OTC:HXSCL) is among the most fantastic stocks every investor should pay attention to. SK Hynix is the top performer in our list with YTD gains of around 260%. On October 31, Goldman Sachs upgraded the company’s rating to Buy from Neutral and raised the price target from KRW 300,000 to KRW 700,000. The analyst expects the company to be a beneficiary of “one of the strongest memory upcycles” through 2026.

Goldman expects the company to “meaningfully outgrow consensus expectations” with a 50% year-over-year growth in its High Bandwidth Memory (HBM) shipments. They also estimate that the server memory supply-demand dynamic will remain highly favorable for the company as large investments in AI infrastructure continue. According to their analysis, the majority of growth in next year’s DRAM supply will be consumed by server-related demand.

The investment bank also believes that emerging demand from the next-generation computing architecture, SOCAMM, will potentially account for 5% of global DRAM demand in 2026 and rise to 9% by 2027.

Goldman Sachs argues that “substantial upside remains” for earnings due to the accelerating AI memory cycle, despite street estimates for SK Hynix having already moved higher since September.

Separately, in a November 4 interview, Simon Woo, Director of Korea Research at Bank of America (BofA), observed that, unlike in previous cycles, when profits were largely cyclical, companies such as SK hynix Inc. (OTC:HXSCL) are now securing more stable earnings through long-term contracts. BofA recently raised its price target on SK Hynix to KRW700,000. Woo expects the recent rally in SK Hynix, as well as in Samsung Electronics, to sustain in the near term.

SK hynix Inc. (OTC:HXSCL) is a major global producer of memory semiconductors, including DRAM, NAND flash, and advanced high-bandwidth memory (HBM), used in AI and data center applications.

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