RE:HoldingGenerally agree with your assessment about the company's value.
That said, I am not as confident that it will actually be realized and if it does it might take a while with a recession getting in the way.
I decided to keep my underweight position but any additional shares would be viewed as trading shares. To that end, last week I put in a stink bid at 38 before I headed out for my bike ride and saw that I got some shares filled when I got back in the afternoon. I sold those shares near the close for 39.10.
If I see another heavy volume downdraft I will likely play the same game until things become clearer of where the valuation is going. For sure though if the recession takes hold and drags everything down a lot I will move to a longer term full market weight.