Affirm: Unnecessary Focus On GAAP Profits
AFRMAffirm(AFRM) Seeking Alpha·2024-08-29 23:10
Ratana21/iStock via Getty ImagesAffirm Holdings, Inc. (NASDAQ:AFRM) has always been an intriguing fintech due to the well known CEO in a crowded space. The biggest issue has always been paying the correct price for the opportunity in the buy now, pay later space. My investment thesis is more Neutral on the stock after the big jump in after-hours trading on excitement over earnings.   Source: Seeking Alpha Impressive Growth Affirm has really turned the business around with the fintech reporting a strong  ...