If Tech Stocks Recover, Affirm is one of my Favorites
The BNPL market is expected to grow from $51.7 billion to $435.2 billion by 2033
No customer is responsible for more than 10% of the revenue
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Affirm (AFRM) has positioned itself as a leading Buy Now, Pay Later provider, gaining market share not only in the US but also advancing its internationalization. After a 40% pullback from its all-time high to the 200-day moving average, it could quickly rebound in a friendly market environment. In addition to recession concerns, the exclusive US partnership announced by competitor Klarna with Walmart on March 17 weighs heavily. Walmart has accounted for 5% of Affirm's gross merchandise volume (GMV) over the last six months. The impacts are...
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