Buying More Pitney Bowes
PBIPitney Bowes(PBI) Seeking Alpha·2024-09-17 17:11
SlavkoSereda/iStock via Getty Images I’m not gonna lie. My Pitney Bowes (NYSE:PBI) investment has been a spicy meatball since I bought it back in January of 2022. Right on schedule, it seems that the market decided to drive the shares lower. Immediately after I bought it, the shares collapsed in price, and were down about 51% when I revisited the name again 10 months later. I added to my position in November of 2022. Thankfully, the shares have rallied, and are up 147% from that time, and have returned  ...