Chesapeake Energy Corporation (CHK), Discovery Communications Inc. (DISCA): Here’s What This $21 Billion Hedge Fund Company Has Been Buying

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Tronox Ltd (NYSE:TROX) is the world’s largest fully integrated titanium dioxide producer, supplying paint companies, paper companies, and more. It emerged from bankruptcy in 2011 as a stronger company, and reinstituted its generous dividend in 2012, recently yielding 4.4%. Falling prices for titanium dioxide have hurt, but a recovering housing market will help. The company faces competition, but remains poised to benefit from an industry turnaround.

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The article Here’s What This $21 Billion Hedge Fund Company Has Been Buying originally appeared on Fool.com and is written by Selena Maranjian.

Longtime Fool contributor Selena Maranjian, whom you can follow on Twitterhas no position in any stocks mentioned. The Motley Fool recommends Coach, Inc. (NYSE:COH), Discovery Communications Inc. (NASDAQ:DISCA), and Exelixis, Inc. (NASDAQ:EXEL). The Motley Fool owns shares of Coach, Exelixis, and PNC Financial Services (NYSE:PNC) and has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy Corporation (NYSE:CHK), Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy.

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