Jim Cramer Suggests Buying Affirm

Affirm Holdings, Inc. (NASDAQ:AFRM) is one of the stocks that Jim Cramer expressed thoughts on. Inquiring about the stock, an investing club member commended the company’s CEO. In response, Cramer said, “You are right [buy, buy, buy]…. Max Levchin is a genius.”

A person with stock market data on a laptop. Photo by Anna Nekrashevich on Pexels

Affirm Holdings, Inc. (NASDAQ:AFRM) operates a digital payment network that enables consumers to make purchases and pay over time through its point-of-sale and app-based solutions. It is worth noting that during the October 1 episode, Cramer called the company’s CEO a “genius,” as he remarked:

“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.”

While we acknowledge the risk and potential of AFRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AFRM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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