Markets

Insider Trading

Hedge Funds

Retirement

Opinion

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

We came across a bullish thesis on Pitney Bowes Inc. on Value Don't Lie’s Substack. In this article, we will summarize the bulls’ thesis on PBI. Pitney Bowes Inc.'s share was trading at $12.00 as of September 3rd. PBI’s trailing and forward P/E were 15.00 and 8.95, respectively according to Yahoo Finance.

[caption id="attachment_527468" align="aligncenter" width="750"] Rawpixel.com/Shutterstock.com[/caption]

Pitney Bowes (PBI) has undergone a dramatic transformation following years of decline and the costly misstep of its Global Ecommerce (GEC) segment, which consumed nearly...