Baiocchi's Top 5 ETFs For 2014

December 24, 2013

4. Global X Lithium ETF (LIT | C-93)

I am a sucker for a good story, and LIT is certainly that.

We have all seen and heard about how hot Tesla has been, and the general momentum surrounding electric vehicles. Lithium batteries are at the heart of this story, and LIT holds all of the prominent names.

The fund owns the largest and most liquid lithium mining and processing firms globally, as well as the firms making the batteries that make their way into electric vehicles. The fund was down 11 percent in 2013, and has yet to catch the wave of the electric vehicle mania.

As Tesla and other manufacturers scale up, the lithium market is likely to benefit. Industry consolidation and pricing pressure will give LIT a massive boost.

 

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