Bualuang Securities (BLS) has published its weekly analysis on Thai Depositary Receipt (DR) 01 series, stating that the current correction in the market reflects opportunity to accumulate stocks.
South Korea’s Kospi Index experienced notable losses on Monday as market participants scaled back exposures to AI-themed equities, contributing to a wider international pullback in technology shares. This drop followed U.S. tech sector declines last week, with mounting anxiety about sector overheating and potential rate hikes prompting the retreat.
Bualuang highlights three picks from its 01 series, consisting of WORLDA01, AAPL01 and MICRON01. All three were rated “Overweight”.
WORLDA01 – Even though the global stock market may still face high volatility due to ongoing geopolitical uncertainty, which has yet to be fully resolved, BLS believes the market has already to a significant extent looked past this issue. This is reflected in the V-shaped recovery of the MSCI World Index. BLS recommends waiting for accumulation opportunities and maintaining an Overweight view.
AAPL01 – F2Q26 earnings remain strong in both revenue and profit, especially the gross margin, which exceeded expectations despite cost pressures. Meanwhile, Free Cash Flow (FCF) has shown marked growth and Capex remains limited, reflecting high profit quality. The firm recommends looking forward to WWDC and the Foldable iPhone as catalysts supporting further upside.
MICRON01 – Bualuang maintains an Overweight view, attracted by positive signs from NVIDIA’s earnings report, which confirm that the AI Infrastructure investment cycle is still in its early phase. This is leading to strong demand for High Bandwidth Memory (HBM) in AI Data Centers.
