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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and GLENN LARKIN

Affirm Holdings Stock Clears Key Benchmark, Hitting 90-Plus RS Rating

Affirm Holdings saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 85 to 92.

When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD's unique RS Rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.

History reveals that the top-performing stocks tend to have an 80 or better RS Rating as they begin their biggest climbs.

Looking For The Best Stocks To Buy And Watch? Start Here

Affirm Holdings is building a cup without handle with a 19.58 buy point. The stock has cleared the entry point and is currently 3% above. Volume was high yesterday, but trailing even normal volume today.

The company reported 0% EPS growth in its most recent report, while sales growth came in at 7%.

Affirm Holdings holds the No. 26 rank among its peers in the Finance-Card/Payment Processing industry group. Shift4 Payments, Block and StoneCo Cl A are among the top 5 highly rated stocks within the group.

Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks

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