Just went long KLAC.
On my math, if they beat 2027 street estimates of $5 by 100% and you apply 30x to that (a material premium to historical multiple for the amazing growth), there is 1.5% upside
⚠️Retail investors in South Korea are using more LEVERAGE than EVER:
Assets under management in single-stock leveraged ETFs tracking SK Hynix and Samsung Electronics have surged to a record 6.1 trillion won.
This is up nearly 4 times, or +300%, over the last month alone.
Trading in these leveraged ETFs is significantly amplifying volatility, with South Korea's volatility index, V-KOSPI, topping a RECORD 97 last week, more than TRIPLING so far in 2026.
This frenzy is also spilling into the property market, with stocks and bonds used as a funding source in Seoul home purchases rising to 6.6% from January through April, up from 3.7% a year earlier.
Meanwhile, margin loans in South Korea hit a record 38 trillion won, or ~$24.8 billion, more than DOUBLING over the last 12 months.
Samsung and SK Hynix together account for over 50% of the entire KOSPI, meaning leverage on just 2 stocks is now capable of moving the entire market.
Leverage has turned South Korea's market into a house of cards waiting to collapse.