Kronos Worldwide (KRO) Up 35% YTD: What's Driving the Rally?

Kronos Worldwide, Inc.'s (KRO) shares have shot up 35.2% year to date. The company has also outperformed its industry's decline of 2% over the same time frame. Moreover, it has topped the S&P 500's roughly 13.9% rise over the same period. Kronos is benefiting from higher demand for titanium dioxide (TiO2) in major markets, which is driving its sales volumes as witnessed in the first quarter of 2024. Per the company, TiO2 consumption has increased at a compound annual growth rate of around 2% since 2000. Wes ...