Best compound for original paint?

[Toro]

I'm hoping someone has a suggestion for the best compound they've used with good results. My paint is original and doesn't appear to have had any buffing/waxing in quite some time. It's not really that chalky but it is oxidized and I've heard not to go too aggressive with the cut unless you need it. I started with Meguiars Ultimate Compound (see picture below), and wasn't that thrilled with results. I'm thinking I need something with more cutting. Thanks for the help.