Jim Cramer Believes Affirm is a Good Stock to Own

Affirm Holdings, Inc. (NASDAQ:AFRM) is one of the stocks Jim Cramer put under the microscope. A caller asked whether they should buy the dip, hold, or sell shares of the stock. In response, Cramer said:

“Okay, I think, first of all, let’s just discuss, this is Max Levchin’s baby, okay. I’ve had Max on a number of times. I have dealt with him a number of times. He is about as smart as anyone I have ever met, and he’s certainly the smartest in this group. I know there’s a lot of people gunning for him. They think that he can’t possibly continue the progress… He’s a genius. Is he the most fun guy to party with? I don’t know… I wouldn’t know. But I’ll tell you something. Is it a good stock to own? And the answer is absolutely yes.”

A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels

Affirm Holdings, Inc. (NASDAQ:AFRM) provides a payment platform that lets consumers split purchases over time through its point-of-sale solutions and mobile app.

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