Analyst: SK Hynix Undervalued; U.S. ADRs Preferred Over Local Shares

Bullish Gator

Susquehanna’s Mehdi Hosseini keeps a neutral rating on SK Hynix, favors Micron and Samsung, and prefers U.S. ADRs to local listings despite SK Hynix’s undervaluation.

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What stands out

Susquehanna analyst Mehdi Hosseini repeated a neutral stance on SK Hynix after its third-quarter results while saying SK Hynix looks undervalued and, on a relative basis, he prefers Micron and Samsung Electronics. The clip matters because the analyst flagged a cross-listing arbitrage: he prefers U.S. American Depositary Receipts (ADRs) over local Korean listings, a practical trade call that influences where global investors place memory-chip exposure. That preference explains flows even when valuation stories look attractive locally.