LIT - Global X Lithium & Battery Tech ETF

Momentum play to upside if breaks out past $85.

Identified as an early-stage optics bottleneck benefiting from co-packaged optics adoption by Broadcom and NVIDIA. Growth accelerated from 18% to 90% YoY. Revenue of $800M with gross margins at 46%+. Achieved first four consecutive quarters of profitability. Rule of 40 at 126%, up from 32% one year ago. Host sees this as a building bottleneck that will become more significant.

Up significantly over past year from AI boom, at risk of profit-taking. Fell on Friday and consolidating. Bearish risk if $800 support breaks. Could play out over coming weeks and months.

Space-themed ETFs mentioned as benefiting from SpaceX IPO retail demand, wind at your back on space theme

Ross highlights LIT as a strong sector, up over 130% in the prior 12 months, now consolidating and 'getting ready to run higher.' He uses it as a sector indicator to justify the SGML pick.

3% allocation to lithium and batteries as part of industrial metals allocation

Host allocates 3% to lithium and battery metals via LIT, citing EV and energy storage demand