Not that I disagree with the strategy, but I think you're going to have to be really patient. I'm looking at their 3 year earnings projections and it doesn't look great. I guess around $36 isn't unlikely though. Currently $25.50
REVERSION TO THE MEAN Within the S&P 500, the 50 worst performing stocks in 2022 averaged a gain of 50.2% in 2023, outperforming the index by 26 percentage points. Conversely, the 50 best performing stocks of 2022 averaged a gain of just 6.2% in 2023 and underperformed the index by 18 percentage points.