Stock price when the opinion was issued
The chart shows a massive spike up, massive drop, and now recovery in the past year. They likely paid too much for a company in 2022 and were trading at a high PE. He had added shares in 2023-4 after a new CEO started bundling products, focus on margins and integrated companies. Has been doing a good job. He expects them to return to growth this year at 10% organically and 18% EBITDA margins. Looks cheap, half the PE of peers.
It was a top pick in 2021 but has gone through a huge transition with a big acquisition. Has a new management team. With deterioration in financials it is not for growth or quality.