SK Hynix ADR (SKHY) was named Investor's Business Daily's (IBD) Stock Of The Day, with its shares trading at $168.46, up 1.68%. IBD analysis suggests the stock is actionable after clearing its trendline and short-term highs, and is building the right side of a short consolidation with a buy point of $194.80. The company is rallying alongside other memory plays and a broader rebound in the South Korean market.