5 Best Financial Stocks with Highest Upside Potential

In this article, we will list the 5 Best Financial Stocks with Highest Upside Potential. Please visit 10 Best Financial Stocks with Highest Upside Potential if you’d like to see an extended list and how we came up with the list of best financial stocks.

5. Affirm Holdings Inc. (NASDAQ:AFRM)

Affirm Holdings Inc. (NASDAQ:AFRM) is one of the 10 best financial stocks with highest upside potential.

On February 17, Affirm Holdings Inc. (NASDAQ:AFRM) and Lowe’s (LOW) announced their new partnership, which will enable Affirm to provide payment plans for Lowe’s customers on Lowe’s website and Lowe’s mobile app. The companies indicated that Lowe’s will be featured on the Affirm marketplace, expanding their customer base to Affirm’s shopper network.

Affirm’s Chief Revenue Officer, Wayne Pommen, stated that Affirm helps Lowe’s customers confidently manage purchases with clear, transparent payment options and that this partnership will provide customers with the flexibility to invest in their homes on terms that work for them.

Back on February 20, Truist reduced the firm’s price target on Affirm Holdings Inc. (NASDAQ:AFRM) from $85 to $71. The firm maintained its Buy rating on the shares. Truist said that it is raising its estimates following the company’s fourth-quarter outperformance. However, the firm noted that this lower price target reflects declining valuation multiples among peers and growing investor concerns around competition in the buy-now, pay-later space, particularly from Klarna and PayPal.

Affirm Holdings Inc. (NASDAQ:AFRM) provides a versatile payment network that enables consumers to pay for purchases over time. By partnering with merchants ranging from small businesses to large enterprises across diverse retail sectors, the firm provides flexible point-of-sale solutions, merchant commerce tools, and a centralized consumer app to enable seamless financial transactions.