Affirm Holdings (AFRM)

by | Oct 15, 2021 | Daily Trade Alerts

Earlier this month, we highlighted Advanced Micro Devices (AMD) around $102.45. Today, the stock is up to $112.66 in pre-market, and could push higher.

Even Microsoft (MSFT) has been performing well. Since highlighted the stock around $281.29, it’s now up to $303.08 in pre-market.

Another tech stock you may want to consider is Affirm Holdings (AFRM), which is benefiting well from the Buy Now, Pay Later boom. Not only are other heavyweights, like Target and Shopify jumping on the BNPL bandwagon, Amazon recently made AFRM a partner ahead of the holiday shopping season. From a current price of $148.47, we’d like to see it closer to $200.

In addition, just weeks ago, analysts at Jefferies raised their price target on AFRM to $110 from $82. Even Morgan Stanley says AFRM should deliver “high growth for years,” as quoted by TheFly.com. The firm has an overweight rating on the stock with a $140 price target.

[sponsor]

Former Tech Executive: "A New Crisis is Brewing"

Jeff Brown called Bitcoin when it was just $240—giving his readers a chance at 270 times their money. He picked Tesla in 2018—before it soared over 1,400%. He called the #1 returning tech stock of 2016, 2018, 2019, and 2020.

But he's no stranger to disaster... His firm also predicted the dot-com crash in 2000 and the housing bubble in 2008.

And now, he's come forward to warn of a disturbing new trend... something that he calls a "Tech Shock." An event which could derail the post COVID recovery—and send the NASDAQ and high-flying tech stocks into a tailspin.

Click to Hear His New Warning

Sponsored Content