Analysts Can't Stop Upgrading This Consumer Finance Stock. Is it Time to Buy?
Affirm(AFRM) The Motley Fool·2024-11-14 17:41
This buy now, pay later company is growing nicely and could benefit from tailwinds that could make it profitable in the near future.As consumers grapple with rising credit card debt balances and elevated interest rates, recent interest rate cuts from the Federal Reserve offer hope for more affordable borrowing costs.Leading the charge in this space is Affirm (AFRM -4.81%), a standout in the buy now, pay later (BNPL) industry. With its expansion of partnerships and growing market presence, Affirm has grown n ...