Sure but....it needs to be in tune. That and a few other things to consider. If it's all OEM, it likely has that crappy nylon-toothed cam gear that will eventually start, via a loose chain, retarding your cam's timing and break when you least expect it. A new iron or steel cam gear in a timing chain set will put things back in order. You might also consider new valve seals (and maybe a fresh valve job) to keep oil off those piston tops.
Btw, is that gas 10% ethanol laced? if so, the ethanol is the issue. Try some 100% non-ethanol gas (hard to find) not race gas and see if it improves.