Jim Cramer on Affirm: “The Bears Will Be Put on the Run By CEO Max Levchin”

Affirm Holdings, Inc. (NASDAQ:AFRM) is one of the stocks on Jim Cramer’s recent game plan. Cramer was bullish on the company’s upcoming quarter, as he remarked:

And then there’s Affirm, which I think will put up a fantastic quarter, and once again, the bears will be put on the run by CEO Max Levchin. I think this buy now, pay later kingpin should be bought, yes, bought ahead of the quarter.

Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels

Affirm Holdings, Inc. (NASDAQ:AFRM) provides a digital payment platform that enables consumers to pay for purchases over time through its point-of-sale solutions and app. During the January 5 episode, a caller noted that they wish to own more of the stock. The Mad Money host responded:

Oh, you should buy more…. I think that stock is going to par, which is genuine Wall Street gibberish for $100. It’s at $80 right now. Max Levchin, genius. He’s a funny guy, too. Come on, man.

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