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Pitney Bowes Inc. (PBI): A Bull Case Theory

We came across a bullish thesis on Pitney Bowes Inc. (PBI) on Value Degen’s Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on PBI. PBI Technologies, Inc.'s share was trading at $7.11 as of Sept 27th. PBI’s trailing and forward P/E were 12.15 and 7.26 respectively according to Yahoo Finance.

[caption id="attachment_1228677" align="aligncenter" width="768"] A bustling distribution center, a sign of a thriving logistics business.[/caption]

Pitney Bowes (PBI) is a 104-year-old logistics company that specializes in mail and parcel...