Affirm(AFRM)
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Best Momentum Stocks to Buy for September 25th
ZACKS· 2024-09-25 15:02
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 25th:Orange County Bancorp, Inc. (OBT) : This commercial and consumer banking company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.Orange County’s shares gained 21.6% over the last three months compared with the S&P 500’s advance of 5%. The company possesses a Momentum Score of A.Affirm Holdings, Inc. (AFRM) ...
New Strong Buy Stocks for September 25th
ZACKS· 2024-09-25 11:36
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:SK Telecom Co., Ltd (SKM) : This wireless telecommunication services company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days.Orange County Bancorp, Inc. (OBT) : This commercial and consumer banking company has seen the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.Affirm Holdings, Inc. (AFRM) : This payment network company seen the Z ...
Should You Buy Affirm Stock While It's Below $49?
The Motley Fool· 2024-09-21 09:45
The BNPL leader could be an undervalued growth play.Affirm (AFRM -0.11%) was a hot fintech stock three years ago. The provider of buy now, pay later (BNPL) services went public at $49 a share on Jan. 13, 2021, opened at $90.90, and soared to a record high of $168.52 on Nov. 4, 2021.But today, Affirm's stock trades at about $45, pulling back as new macro and competitive challenges throttled its growth. Rising rates also compressed its valuations and cast a harsh light on its high debt and persistent losses. ...
Affirm Holdings (AFRM) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-09-20 17:06
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Affirm Holdings (AFRM) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-09-20 17:00
Affirm Holdings (AFRM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sys ...
Affirm Holdings (AFRM) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2024-09-19 22:56
In the latest trading session, Affirm Holdings (AFRM) closed at $44.98, marking a +1.58% move from the previous day. The stock lagged the S&P 500's daily gain of 1.7%. Elsewhere, the Dow gained 1.26%, while the tech-heavy Nasdaq added 2.51%.Heading into today, shares of the operator of digital commerce platform had gained 48.84% over the past month, outpacing the Business Services sector's gain of 6.45% and the S&P 500's gain of 1.27% in that time.The investment community will be closely monitoring the perf ...
Affirm: Possible Short-Term Gain, But Not A Good Long-Term Play
Seeking Alpha· 2024-09-19 14:14
I rate Affirm Holdings (NASDAQ: AFRM ) as a Hold. Affirm has a lot of upside potential, especially in the short term. With decreasing interest rates in the US, ongoing product innovation, and the expanding market for BNPL, Affirm is in a strong position to sustainAnalyst of financial markets in Wood&Company, one of the biggest investment companies in EU, popular investor on social investing platform eToro and founder of investment and financial website - akcie.skAnalyst’s Disclosure: I/we have no stock, opt ...
Affirm Unlocks BNPL Services for Apple Pay Users, Investors Rejoice
ZACKS· 2024-09-17 15:55
Affirm Holdings, Inc. (AFRM) recently announced that its payment services are now available to Apple Pay users in the United States on the iPhone and iPad. Investors have been eagerly waiting for this news since June. This integration will allow eligible U.S. users to split their purchases into biweekly or monthly payments, leveraging Affirm's buy now, pay later (BNPL) services.This move provides Apple Pay users the ability to check out online or in-app with flexible payment plans, including 0% APR options ...
Affirm Holdings Is A Buy (Technical Analysis)
Seeking Alpha· 2024-09-17 03:24
blackred Affirm Holdings, Inc. (NASDAQ:AFRM) is a company in the financial sector of the economy operating in the transaction and payment processing services industry. It is in the same industry as PayPal Holdings (PYPL) which I wrote about last week. Like the PYPL article, AFRM looks bullish to me. In this article, I will outline my investment thesis using the technical analysis elements of price action, momentum, volume, and relative strength. I also offer a price target and two stop losses in case my ...
Affirm Opens BNPL Offering to Apple Pay Users
PYMNTS.com· 2024-09-16 20:59
Buy now, pay later (BNPL) network Affirm is now available for Apple Pay users.The integration, announced Monday (Sept. 16), lets Apple Pay users in the U.S. pay for purchases via iPhone and iPad over time using Affirm, breaking down their payments into biweekly or monthly installments.“We are thrilled to bring the power of Affirm to Apple Pay users in the U.S. and the retailers where they shop,” Vishal Kapoor, Affirm’s senior vice president of product, said in a news release. “This integration combines the ...