2024-05-23 13:13:13 ET
Summary
- I'm passing on Affirm Holdings, Inc. stock due to its high valuation of 18x next year's non-GAAP operating income.
- Despite Affirm's growth prospects, I'm concerned about its decelerating growth rate and high price.
- Even though Affirm is popular and innovative, I find Sezzle Inc. stock more interesting.
Investment Thesis
Affirm Holdings, Inc. ( AFRM ), one of the leading Buy Now Pay Later ("BNPL") platforms, is a firm no from me....
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Affirm: I Like BNPL, Just Not This Stock