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

We came across a bullish thesis on Pitney Bowes Inc. on Pound the Rock Investing’s Substack. In this article, we will summarize the bulls’ thesis on PBI. Pitney Bowes Inc.'s share was trading at $9.79 as of December 1st. PBI’s trailing and forward P/E were 23.31 and 7.25 respectively according to Yahoo Finance.

[caption id="attachment_518110" align="aligncenter" width="750"] Copyright: kzenon / 123RF Stock Photo[/caption]

Pitney Bowes (PBI) has quietly completed a multi-year transformation, exiting its unprofitable Global Ecommerce business, streamlining its cost...