| | | Re: Tronox Inc (TROX)
Followed you into this cyclical position. Got my order filled at $4.87/share. I owned this in 2023 and sold out in 8/2023 at/near $13/share. I see during the cyclical peak stock trades above $20/share.
Tronox Holdings plc is a vertically integrated mining and inorganic chemical business. The company mines and processes titanium ore, zircon and other minerals and manufactures titanium dioxide pigments to paints, plastics, paper and other everyday products. It operates primarily in South Africa, Australia, United States, the Netherlands and Australia. Tronox Holdings plc, formerly known as Tronox Limited, is based in London, United Kingdom. No plans on building a large position but a good one to watch especially if it signals a move for other cyclical stocks.
Dow Inc (DOW) is my 2025/2026 reversion to the 5 year mean cyclical play. I continue to add at/below the current price. Company earnings accelerate during the peak cycle. My 5 year mean reversion target price is $58 or about +107%. |
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