White walls surround me in my home office.
We may take it for granted, but creating the color white is no easy task.
Need one critical element: titanium dioxide.
We use the metal element as a white pigment in paints, plastics, sunscreen and more.
We import it to the US from Japan, China and Russia. However, supply chain problems are pushing American companies to find a local source.
This diagram shows how much titanium dioxide is used by Americans. It dropped from 2019 to 2020 because the COVID epidemic shut down thousands of American manufacturers.
In 2021, production resumed, and titanium dioxide use recovered.
I am sure this rebound will continue, and the consumption of this metal will exceed 2019 levels in a short time.
Today’s power stock is one of the largest domestic producers of titanium dioxide: Kronos Worldwide Inc. (Symbol: KRO).
Kronos’ titanium dioxide is found in paint, coatings, plastics and more.
Kronos Worldwide shares receive a “strong bull” rating 98 out of 100 On our stock power rating system, and we expect it to beat the broad market 3 times in the next 12 months.
KRO inventory: High quality and momentum
Kronos had an outstanding first quarter this year. Emphasis includes:
- KRO reported a net profit of $ 57.5 million in its last quarter, compared to $ 19.6 million in the same quarter last year – An increase of 193%.!
- Its net sales were 21% higher in the first quarter of 2022 than in the first quarter of 2021.
The basics of KRO are about as good as they get!
Yields on its assets, capital and investments are all positive, while the specialty chemical industry and performance are average They are all negative.
After a slight drop during the March market sale, KRO recovered by 43%, as can be seen in its stock chart.
This is the “maximum momentum” we are looking for in stocks!
In the last 12 months, the KRO has risen by 29.4% and has Accumulated 10 times more than its industry peers Thanks to his last run.
Kronos Worldwide Stock Scores a 98 in total On our proprietary stock rating system.
That means we are “strong bulls” and expect it to beat the broad market At least three times in the next 12 months.
We have always imported titanium dioxide to the US, but recent supply chain problems are moving companies to find more domestic sources.
This indicates more solid growth for Kronos Worldwide Inc.
grant: KRO’s 3.9% dividend yield means the company pays shareholders $ 0.76 per share, per year to hold the stock!
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Matt Clark, CMSA®
Researcher, Money and Markets Analyst
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KRO Stock Helps Create Hardest Paint Color to Make Source link KRO Stock Helps Create Hardest Paint Color to Make