TipRanks' analyst ranking service highlights three stocks favored by the Street's top pros, including Affirm Holdings and TJX Companies.
Affirm Holdings (AFRM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Fintech's relief rally is already losing steam.
AFRM and Shopify are teaming up to introduce Shop Pay installments in Canada, marking the start of their global expansion into the U.K., Australia and Europe.
Shares of Affirm, Toast, Bill.com, PayPal and other consumer-focused fintech firms turned lower Thursday. Goldman Sachs warned that higher import duties could squeeze margins for hardware-dependent fintechs like Toast and Block.
The fintech sector rallied Wednesday following the Trump administration's announcement of a 90-day pause on planned tariffs. Affirm was up 20%, Toast and Block rose 13% and PayPal increased 10%.
Affirm and Shopify have expanded their pay-later offering beyond U.S. borders. The companies announced Wednesday (April 9) that Shopify merchants in Canada who have signed up for early access can begin offering the Affirm-powered Shop Pay Installments program, marking its first availability outside the U.S.
Affirm (AFRM -3.33%) stock is down significantly due to the broader market sell-off.
AFRM is developing debit products and exploring banking integrations to make its services part of customers' everyday spending.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Affirm Holdings (AFRM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.