Optical Networks & Photonics Hardware

Cloud and carrier networks need optical transmission, fiber, and switching hardware to move growing data workloads. The recent hardware selloff offers an entry into these physical network suppliers rather than leveraged compute operators: COHR is 48.1% below its high and CIEN is 46.4% below its high. This basket targets network investment, while remaining exposed to customer spending delays and further valuation compression. Launch basket (equal weight): CIEN, LITE, COHR, AAOI, GLW, ANET Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.