Thats why I put a $212 stop underneath it. No way to call a perfect bottom when it took that precipitous plunge, but all things being equal, it will yield a 15% return in 2024 from here at a minimum. If I see something I don't like, well, we'll adjust... but for now it's a buy.
Pull up a 5 year chart with a 200 day line. Now I'm not just going by that, I follow the story... but you'll see every time it hits the 200 day, it bounces. Know what stock, one of the few, that has done that for a decade? Autozone. But it has peaked imo. AJG... not so much.
And I hate to say it, but that's also how I started following the AJG story originally. Some of my best finds started out that way.