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W - Pitney Bowes: Arguably The Best Way To Play E-Commerce
Wayfair Inc. Class A
When it comes to pure stock picking, 2020 has been an amazing and breakout year for me. Today, I write to share my best current idea - Pitney Bowes Inc. (PBI).
Behind the scenes Pitney Bowes' management team have been busy bees making smart strategic decisions to reinvent its business. In April 2020, Pitney hit the 100 year milestone mark as company. On its May 2020 Q1 conference call, its CEO, Marc Lautenbach, made the following statement:
Through the last 100 years we have prevailed as a company by having a clear vision