Affirm (AFRM)'s "Having an Amazing Quarter," Says Jim Cramer

We recently published 9 Stocks Jim Cramer Talked About.  Affirm Holdings, Inc. (NASDAQ:AFRM) is one of the stocks Jim Cramer talked about recently.

Affirm Holdings, Inc. (NASDAQ:AFRM) is a financial technology company whose shares are up by 21% year-to-date. Recently, Bank of America trimmed the firm’s share price target to $97 from $98 and kept a Buy rating, The Fly reported. BofA’s coverage came after Wolfe Research had initiated coverage of Affirm Holdings, Inc. (NASDAQ:AFRM)’s shares. It had set a Peer Perform rating and a fair value range of $72 to $82 for year-end 2026. Wolfe pointed out that Affirm Holdings, Inc. (NASDAQ:AFRM) has a strong buy-now-pay-later platform and products such as 0% annual percentage loans. In a recent fireside chat, the firm’s CFO, Rob O’Hare, dismissed reports of weak loan origination as he commented that they had suffered from tracking errors for the fourth quarter. While the analysts at BofA have trimmed Affirm Holdings, Inc. (NASDAQ:AFRM)’s share price target, Cramer continues to be a believer in the company. He has previously remarked that the firm has been his “favorite,” and in this appearance, he concurred with the CFO about Affirm Holdings, Inc. (NASDAQ:AFRM)’s fourth quarter performance:

“And Affirm’s having an amazing quarter, and people don’t realize Affirm’s up but not as much as it could be.”

While we acknowledge the potential of AFRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.