Affirm: Apple's Exit From BNPL Has Significant Implications
AFRMAffirm(AFRM) Seeking Alpha·2024-06-23 13:55

Kevin Dietsch/Getty Images News With Apple (AAPL) appearing to announce an exit from the Buy Now, Pay Later space, Affirm (NASDAQ:AFRM) is looking like an increasingly attractive bet. The company has posted torrid top-line growth along with rapidly improving operating margins. The company has a net cash balance sheet and the Affirm Card is clearly gaining traction with consumers. The company’s solid execution over the last several years in the high interest rate environment may suggest that bearish fears ar ...