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PSTNY - PostNL Remains Undervalued Even After Its Stock Surged 150% In 6 Months
PostNL NV ADR
Introduction
PostNL (PNLYY) is a clear beneficiary from the transition to e-commerce, which has accelerated since the COVID-19 crisis. It is why I have been bullish on PostNL's stock since March 31st when I posted my first article on Seeking Alpha stating 'PostNL Is A Growing Business Valued Like A Dying Business'. I showcased that PostNL was a company that had just experienced a huge transition, in 2015 most of its income was derived from PostNL Mail, on the other hand, in 2019 a vast majority was derived from PostNL Parcel. I showcased