Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

Affirm Holdings Stock Scores Rising Relative Strength Upgrade

Affirm Holdings stock saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 66 to 75.

When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.

This unique rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.

History shows that the best stocks often have an RS Rating of above 80 as they launch their largest climbs. See if Affirm Holdings can continue to rebound and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

Is Affirm Holdings Stock A Buy?

Affirm Holdings stock has been trading below its 200-day moving average. While now is not an ideal time to buy shares, see if the stock manages to establish and enter a buy zone in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.

 

Earnings growth rose last quarter from 0% to 83%. But sales fell from 77% to 54%. Look for the next report on or around Sep. 9.

Affirm Holdings stock holds the No. 21 rank among its peers in the Finance-Card/Payment Processing industry group. WEX and Mastercard are also among the group's highest-rated stocks.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.