Affirm stock rose 10.2% on Tuesday due to a weak jobs report and a renewed partnership with Amazon. CFO Rob O’Hare shared positive business updates, including the Amazon extension. Affirm’s industry leadership is reaffirmed with a profitable growth rate of 34%. Investors should consider exposure to Affirm amidst credit risk concerns in the market.

The gains in Affirm stock were fueled by positive comments in a fireside chat with CFO O’Hare. Other BNPL and fintech stocks also surged, benefiting from favorable announcements. Affirm’s partnership extension with Amazon was described as a “win-win” by O’Hare. Evercore ISI reiterated an outperform rating for Affirm with a price target of $95.

Despite the positive outlook for Affirm, investors should be cautious about the credit risk associated with BNPL stocks. Affirm has shown steady credit trends and a profitable operating margin. While the BNPL sector offers growth potential, economic volatility could impact credit risk. The Motley Fool Stock Advisor team has identified 10 top stocks for investors, excluding Affirm, which could yield significant returns.

Read more at Nasdaq: Affirm Soars Double Digits on Tuesday. Is the Stock a Buy?