Samsung: Market Shrugs Off Weak Earnings Report, The Future Is Brighter; Reiterate Buy

  • I reiterate my Buy rating on Samsung, as the stock shows signs of bottoming and upside momentum, despite recent earnings volatility. Samsung's valuation remains depressed, with the market looking past a 56% profit drop, suggesting pessimism is already priced in. Progress in HBM remains the key catalyst; certification to supply Nvidia would unlock significant upside and AI market participation.