PBI...well, I really like this one, and been buying between the upper fours on the recent dips up to $5.25. FDX had amazing guidance the other day... they said they believed the increase in shipments would continue post Covid. I believe if the market picks up on the fact that PBI is becoming a fast growing ecommerce play, the momo 'players' could drop a move on this shite.
From RealMoney.com a few days ago: "There's no better example of the changes than e-commerce and last night FedEx (FDX) lit up the sky with its unbelievably better than expected quarter based not just on price increases that stuck but from immense volume. How much? FedEx thought the company would be shipping 100 million packages per day by calendar year 2026. Last night it said that number will be hit in 2023. That's astounding and it assumes that whatever the heck we were doing with e-commerce before the pandemic is never coming back and, if anything, the percentage of retail as e-commerce has gone from 15% calendar year second quarter of 2019 to 21% this year."
