9 Stocks Jim Cramer Talked About

4. Affirm Holdings, Inc. (NASDAQ:AFRM)

Number of Hedge Fund Holdings: 60

Affirm Holdings, Inc. (NASDAQ:AFRM) is an American financial services company known for its buy now, pay later services. The shares are down by 23.5% over the past year and by 19.4% year-to-date. Stephens cut the firm’s share price target to $65 from $75 and kept an Equal Weight rating on the shares in early February. The financial firm pointed out that Affirm Holdings, Inc. (NASDAQ:AFRM) was experiencing a multiple compression despite having posted strong fiscal second-quarter earnings. Needham also lowered the share price target in February. It cut the target to $85 from $100 and kept a Buy rating on the stock. As per the financial firm, Affirm Holdings, Inc. (NASDAQ:AFRM) could experience tailwinds from securing a bank charter. Needham added that the BNPL firm’s AI tools can improve its growth and profit margins. Cramer has also discussed Affirm Holdings, Inc. (NASDAQ:AFRM) several times over the past months. Recently, after President Trump suggested a 10% on credit card rates, he commented that the firm could benefit due to its presence in the BNPL market. In this appearance, he briefly mentioned the stock after interviewing Affirm Holdings, Inc. (NASDAQ:AFRM)’s CEO:

“The buy now pay later firm, known as Affirm, delivering a quarterly earnings beat. 30% increase in sales, company also investing in new AI tools for merchants. I here the stock’s down, that’s about as, that’s stupid, I’m a little judgemental there.

“. . .I have been behind the stock since it was at 30, I am steadfast on it. . .”