Buy now, pay later (BNPL) stocks, like Affirm (AFRM) could see higher highs, we noted on November 29. Trading around $33 at the time, we noted, “That’s because a majority of holiday sales are being driven by BNPL – with even more upside likely.”
Today, AFRM is up to $50.46 and could push even higher.
All after it expanded its relationship with Walmart at self-checkout.
Helping, “Recent Affirm research revealed that more than half of Americans (54%) are looking for retailers to offer a buy now, pay later option at checkout,” Affirm’s senior vice president of revenue Pat Suh said, as quoted by CNBC. “Moreover, we’ve found that 76% of consumers would either delay or not make a purchase without Affirm.”
If you were in AFRM on our mention, we’d love to hear how you’re doing with it. Thanks.
Sincerely,
Ian Cooper
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