Insider Financial icon

Affirm Shaping Up to be a Bad Stock for 2023

Affirm Shaping Up to be a Bad Stock for 2023

Perhaps you’re looking for a fintech stock to invest in and hold in 2023. That’s good, but Affirm Holdings (NASDAQ: AFRM) is inappropriate because the company is still grappling with the consequences of pandemic-era over-hiring. I am neutral on AFRM shares because the company’s latest results were underwhelming, and an inflation-driven decline in client spending […]

Stocks to Watch for Profit in a Rising Rate Market

Stocks to Watch for Profit in a Rising Rate Market

With the recent news that the US Fed raised interest rates by 50 basis points, investors may still wish to include inflation protection in their portfolios particularly in their stocks investment even when inflation appears to be peaking, and may even be starting to head downward. After all, inflation has an impact on wealth erosion, […]