“Affirm (AFRM)’s Been My Favorite,” Says Jim Cramer

Affirm Holdings, Inc. (NASDAQ:AFRM) is an American payments web operator. Cramer discussed the steadfast connected the occurrence of Mad Money aired connected December 15th arsenic helium recalled the absorption to the fiscal archetypal 4th earnings. These results, which were released connected November 6th, saw Affirm Holdings, Inc. (NASDAQ:AFRM) station $933 cardinal successful gross and $0.23 successful net per share. Both of these bushed expert estimates of $883 cardinal and $0.11. Cramer called the net “impressive” and added that the banal had drifted little since past owed to concerns astir user spending. On December 9th, Wolfe Research initiated sum of Affirm Holdings, Inc. (NASDAQ:AFRM)’s shares and acceptable a Peer Perform rating. The analysts explained that contempt maturation drivers, the firm’s existent valuation near small country for further upside. Affirm Holdings, Inc. (NASDAQ:AFRM)’s shares besides jumped successful December aft quality broke astir the steadfast renewing its declaration with Amazon. Cramer concisely discussed the banal successful this quality and praised the steadfast and its CEO:

“Affirm’s been my favorite, that’s Max Levchin, he’s great.”

While we admit the imaginable of AFRM arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.