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1 Stock I Wouldn't Touch With a 10-Foot Pole

TheMotleyFool

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1 Stock I Wouldn't Touch With a 10-Foot Pole: https://g.foolcdn.com/editorial/images/770053/two-people-look-at-a-laptop-and-phone-while-on-person-holds-credit-card.jpg

The stock market is on fire. The benchmark S&P 500 index has gained 33% during the past 12 months, reaching new highs almost daily.

That's nothing compared to the shares of Affirm Holdings (NASDAQ: AFRM). The stock of the buy now, pay later (BNPL) specialist have skyrocketed about 300% during that period. Its impressive run was fueled by robust consumer spending in a surprisingly strong economy and key partnerships with top e-commerce providers.

However, before jumping on the bandwagon, I'd hesitate to buy Affirm today. Here's why.

Source Fool.com

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