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Peter Berezin points out that SK Hynix shares are trading at a 20% to 30% premium in the U.S. compared to their prices in Korea.
He highlights the price disparity for the exact same shares listed in different markets.
Berezin has previously pointed to a contradiction between high long-term earnings growth optimism and negative sentiment in the current bull market, as detailed in a recent analysis. He has also observed that Wall Street's elevated corporate profit margins are mainly concentrated among large cap firms, according to his earlier commentary. These observations provide additional context to his market assessments.