Affirm: Now Undervalued, I’m Jumping Back In The Commons


  • The pullback of Affirm’s common shares now looks overdone. This pushed me to start a new long position.
  • Current macro headwinds are likely to wilt markedly towards the second half of calendar 2023. The company still expects to realize healthy growth against the forecasted economic disruption.
  • Management is adamant they will turn a profit from fiscal 2024 and I believe them.
cardboard boxes with household kitchen appliances and home technics. E-commerce, internet online shopping and delivery concept.

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I’m back in Affirm’s (NASDAQ:AFRM) common shares close to a year after selling off my position due to facing some portfolio-level margin pressure. My inaugural article on the buy now, pay later fintech went back to the depths of

Disclosure: I/we have a beneficial long position in the shares of AFRM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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