This week, the Fed affirmed a “higher for longer” stance that could send some investors’ dreams tumbling down — particularly affecting these three stocks to sell. While each has had ups and downs over the past few years, the post-pandemic whiplash that included poor consumer sentiment and slacking sales may be the final nail in their respective coffins.Worse yet, one of the stocks to sell meets poor consumer sentiment and higher interest rates at the worst possible junction. It offers short-term loans to co ...

Charday Penn/E+ via Getty ImagesAffirm (NASDAQ:AFRM) provides a "buy now, pay later" / BNPL service that lets you split purchases into installments with no hidden fees and also 0% interest. It was founded in 2012 by Max Levchin, who also co-founded the well-known online payment platform, PayPal. Since going public in 2021 at a price per share of $117, AFRM has had a rough ride. It briefly reached its all-time high of $164 in November 2021, but then tumbled down to mid-teens for most of 2023. There's a r ...

Listen here or on the go via Apple and Spotify. David Trainer says the Fed and liquidity remain a salient driver of markets (0:40) Big opportunity now in energy and industrials (4:20). JPMorgan safer than the S&P (19:10). Uber, Nvidia and Tesla all too expensive (21:05). Transcript Rena Sherbill: David Trainer, welcome back to Seeking Alpha. Welcome back to Investing Experts. Always great to have you on the show. So, thanks for taking the time. David Trainer: Thank you, Rena. I am glad to be here. RS: Ye ...

Block生态系统 - Block运营多个生态系统，包括Square用于POS和数字支付流程；Cash App用于点对点支付、购物和投资；以及Afterpay作为买后付款（BNPL）服务[1] - Block是一家科技公司，拥有多个生态系统，其中以其Square部门最为知名，该部门是一个数字和POS支付处理平台[2] - Block一直在扩大其生态系统以保持多样化，将许多业务整合到其Cash App中，使其成为金融领域的一站式服务平台，最大化网络效应[4] Cash App发展 - Cash App将其月活跃用户增长至2300万，占总活跃用户的40%以上[1] - Cash App正在转变为社交银行，随着其银行服务和Cash App卡用户群的增长[1] - Block继续扩展点对点（P2P）支付业务，包括类似于PayPal旗下Venmo的Cash App，并不断增加更多服务，包括BNPL提供商Afterpay和比特币交易[3] 公司业绩 - Block报告2023年第四季度每股收益为45美分，营收同比增长24.1%，现金App营收同比增长31%，调整后的EBITDA较去年同期增长至5.62亿美元[6] 未来规划 - Block旨在将Cash App打造成一个社交全方位金融平台，成为美国家庭年收入高达15万美元的顶级银行服务提供商[8] - Block主席Square负责人和Block负责人杰克·多尔西专注于Cash App路线图，强调Cash App具有极强的社交性和网络效应，计划将Square客户置于Cash App的首位，发挥两者生态系统和网络的综合力量[10]

小市值股票风险 - 小市值股票通常作为一个整体投资类别表现优于大市值股票，但在投资小市值股票时隐藏着一个关键风险[1] - 公司的上市门槛较低，这意味着前景有限或长期潜力有限的公司也可以获得公开上市地位，给它们带来了不应有的合法性[1] Grom Social Enterprises (NASDAQ:GROM) - Grom Social Enterprises (NASDAQ:GROM)是一家小市值股票，其销售额在最近一个季度几乎下降了一半，资金状况困难，面临着困境[3][4][5] Udemy (NASDAQ:UDMY) - Udemy (NASDAQ:UDMY)虽然有一些大型企业客户，但其现有客户的“粘性”下降，预示着竞争激烈的EdTech领域中可能面临困难[6][7][8][9] Affirm Holdings (NASDAQ:AFRM) - Affirm Holdings (NASDAQ:AFRM)虽然在今年表现强劲，但其核心服务“现买现付”可能面临着信用卡逾期和未支付贷款的风险，前景不容乐观[10][11][12]

Going against a trend and shorting hot stocks doesn’t usually work out well. As the saying goes, the market can remain irrational longer than you can stay solvent. For months (it feels like years, though), bears have been calling for an imminent Nvidia (NASDAQ:NVDA) crash. But, on the contrary, shares kept climbing and knocked many short sellers off their feet (reminiscent of meme stock mania).But these three hot stocks are different. Rather than vague “it feels too high,” these stocks face material risks t ...

消费者行为 - 美国人在午夜后网上购物时，往往会做出更冒险的交易，并更有可能违约贷款[1] - 公司利用消费者尝试交易的时间作为关键数据点来确定是否批准贷款[2] - 在午夜到凌晨四点之间，信用风险会发生变化，这段时间内信用违约率明显上升[3] - 深夜做出金融决策更加危险的数据清晰，但其原因可能是因为购物者可能处于醉酒状态或处于财务或情感困境中，急需信用[4]

Shares of Affirm Holdings, Inc. (AFRM) have declined 8.6% since it reported second-quarter fiscal 2024 results on Feb 8. The quarterly results were hurt by an elevated expense level, which stemmed from an increase in loss on loan purchase commitment, provision for credit losses, funding costs, and processing and servicing expenses. Nevertheless, the downside was partly offset by improved servicing income, network revenues and an increase in the transaction count implying higher utilization of AFRM’s cards.A ...

股价表现 - Affirm Holdings Inc.的股价在最新财报发布前的三个月内上涨了约125%[1] - 尽管Affirm在财政第二季度的业绩超出预期，但华尔街可能对公司下半财年的展望感到失望，暗示收入、调整后的营业收入和总商品交易量增长放缓[2] 估值观点 - 分析师认为公司的估值辩论是毫无意义的，因为该公司没有真正的公开交易对手[4] - Dan Dolev认为Affirm的估值应该是2025年预计收入的8倍，而目前股价在这个指标上的倍数是“中等6倍”[8] 评级和目标价 - Mizuho的Dan Dolev认为周五的抛售可能是一个买入机会，他认为公司的展望“很容易”实现[7] - Dan Dolev给Affirm的股票评级为买入，目标价为65美元[9]

财务表现 - Affirm Holdings (AFRM) 在2023年12月结束的季度报告中，营收达到了5.9111亿美元，同比增长了47.9%[1] - 盈利每股为0.04美元，相比去年同期的-1.10美元有了显著提升[1] - 与Zacks Consensus Estimate的5.2392亿美元相比，报告的营收超出了12.82%[1] - Gross Merchandise Volume (GMV) 达到了750万美元，超过了五位分析师平均估计的696.2685万美元[4] - 活跃消费者为18人，与两位分析师的平均估计相符[4] 业务表现 - 贷款销售盈亏为5270万美元，低于六位分析师平均估计的3299万美元[5] - 服务收入为2.244亿美元，略高于六位分析师的平均估计[5] - 利息收入为2.8835亿美元，同比增长了85.7%[6] - 虚拟卡网络收入为3.927万美元，同比增长了34.9%[7] - 商家网络收入为1.8836亿美元，同比增长了40.5%[8] 股票表现 - Affirm Holdings的股票在过去一个月中回报率为+2.4%，略低于Zacks S&P 500综合指数的+6.5%[9]