Affirm: Risk-Reward Is Attractive To Initiate A Position In The Stock

FokusiertIntroduction & Investment Thesis Affirm (NASDAQ:NASDAQ:AFRM) is a “buy now, pay later” (BNPL) platform that has severely underperformed the S&P 500 and Nasdaq 100 YTD. The company reported its Q2 FY24 earnings in February, where revenue and earnings beat expectations, growing 48% and 250% YoY, respectively, as it saw strong growth with small and medium-sized businesses as well as deepening adoption of its Affirm Card. Moving forward, Affirm has set forth the target of growing to $50B in GMV in  ...