And so as we look to 2024, you spoke about some planned re-rate of the plants happening for R1 in the first half of the year.

Source: https://seekingalpha.com/article/4611846-rivian-automotive-inc-rivn-deutsche-bank-global-auto-industry-conference-transcript?source=feed_all_articles

As with all undervalued securities, there is always the risk that Weatherford's equity valuation discount persists even as profitability improves, implying that it might take longer to re-rate than expected.

Source: https://seekingalpha.com/article/4644877-weatherford-unexpected-global-integrated-oilfield-services-winner?source=feed_all_articles

However, investors are beginning to see the light ahead, because the stock has caught a strong bid in 6-months to re-rate 46% higher at the time of writing.

Source: https://seekingalpha.com/article/4595511-avanos-medical-cost-restructuring-could-unlock-substantial-value?source=feed_all_articles

If they gain an edge in AI chips and foundry services, they could re-rate closer to peers.

Source: https://seekingalpha.com/article/4660451-intels-ecosystem-edge-in-2024?source=feed_all_articles

This has proven to be a tight model up until the market selloff in 2022, and could provide COO scope to re-rate another 12–15% to the upside back toward fair value.

Source: https://seekingalpha.com/article/4605627-cooper-companies-market-expectations-call-24x-forward-earnings?source=feed_all_articles