Seeking Alpha

Kronos shares jump early

  • Shares of titanium dioxide producer Kronos (KRO +4.2%) are notably higher in early trading.
  • In an article published Sunday, SA contributor Nathan Rapport says "record sales volumes, increased selling prices, and decreased cost of goods" are compelling reasons to be optimistic about the company's near-term outlook.
  • As for the longer-term, Rapport thinks KRO's current ratio is "healthy" and says the dividend offers a bit of a downside cushion.
Comments (1)
  • Michael Bryant
    , contributor
    Comments (5538) | Send Message
     
    Titanium dioxide is largely used in paint. As housing recovers, more paint is needed.
    26 Aug 2013, 01:27 PM Reply Like
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