XPEL stock is currently trading at $42.56, significantly below its 52-week high of $60.49. The bullish view stems from its strong fundamentals, including a discounted valuation at 23.2x forward earnings compared to its 5-year median of 37.5x, and a Zacks Rank #2 (Buy), indicating potential for a rebound. Additionally, its long-term growth trajectory, with a 40% annualized return since 2019, supports optimism for a recovery in 2025.