In this piece, we will take a look at the five Korean stocks listed in the U.S. If you want to take a deeper look at the Korean economy and history, then check out 10 Korean Stocks Listed in the U.S.
6. KT Corporation (NYSE:KT)
Latest Market Capitalization: $6.00 billion
KT Corporation (NYSE:KT) is another telecommunications firm. It provides internet, fixed landline, mobile, broadband, and other connectivity products. The firm announced earlier this year that it is upgrading its telecommunications and internet infrastructure across South Korea’s southern half.
Insider Monkey’s Q2 2023 survey of 910 hedge funds revealed that nine that held a stake in KT Corporation. Out of these, the firm’s largest stakeholder is David Iben’s Kopernik Global Investors with an investment worth $122 million.
7. Woori Financial Group Inc. (NYSE:WF)
Latest Market Capitalization: $6.09 billion
Woori Financial Group Inc. (NYSE:WF) is a regional bank set up in 1899. It is one of the more profitable mid cap stocks that you are likely to find since the firm’s trailing twelve months was $2.12 billion as of March 2023.
By the end of this year’s second quarter, three of the 910 hedge funds part of Insider Monkey’s database had invested in the bank. Woori Financial Group Inc.’s biggest hedge fund investor is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital since it owns a $6 million stake.
8. LG Display Co., Ltd. (NYSE:LPL)
Latest Market Capitalization: $3.53 billion
LG Display Co., Ltd. (NYSE:LPL) is a subsidiary of the well known LG Group. It is one of the largest display manufacturers in the world, and the firm sells displays for nearly every gadget or consumer electronics device available on the market.
By the end of June 2023, three of the 910 hedge funds profiled by Insider Monkey had bought LG Display Co., Ltd.’s shares. Out of these, the largest stakeholder is Ken Griffin’s Citadel Investment Group with an investment of $810,349.
9. Magnachip Semiconductor Corporation (NYSE:MX)
Latest Market Capitalization: $345.7 million
Magnachip Semiconductor Corporation (NYSE:MX) is a semiconductor firm that sells signals conversion products. Despite a slowdown in the chip sector, the firm beat analyst EPS estimates in its second quarter.
After sifting through 910 hedge fund portfolios for their second quarter of 2023 investments, Insider Monkey discovered that 23 had invested in the chip company. Howard Marks’ Oaktree Capital Management is the biggest investor among these since it owns a $31 million stake.
10. Hanryu Holdings, Inc. (NASDAQ:HRYU)
Latest Market Capitalization: $273 million
Hanryu Holdings, Inc. (NASDAQ:HRYU) is a social media company headquartered in Seoul, South Korea. The firm has roughly 1.5 million active users as of March 2023 and it has positioned itself as a platform for global fans of K-Pop cultures to connect and share content with each other. Hanryu Holdings, Inc. is seeking to target a $504 billion global virtual event market through its platform, and only 4.7% of its users are concentrated in South Korea.
You can also take a look at 10 Best Tech Stocks To Buy Right Now Under $10 and 12 Best Performing Bank Stocks in 2023.
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