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.”

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