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Here's The Scariest Part About AK Steel's Q3 Miss
Tuesday, October 31, 2017 - 10:47am | 380Read More...AK Steel Holding Corporation (NYSE: AKS) steeply declined Thursday on a 150-percent earnings-per-share miss and 29-percent earnings before interest, taxes, depreciation and amortization miss. “However, what we see as more troubling, and indicative of a U.S. steel sector in trouble, is AKS...
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2 Solar Companies That Could Disappoint During The Second Half Of 2017
Thursday, August 31, 2017 - 9:34am | 459Read More...Axiom Capital's celebrated solar stock analyst Gordon Johnson has a word of caution for solar stock investors in the wake of weak U.S. rooftop solar installations data for June. The analyst thinks rooftop solar companies such as Sunrun Inc (NASDAQ: RUN) and Vivint Solar Inc (NYSE: VSLR) could...
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Analyst: First Solar's Business Is Still 'Fundamentally Flawed'
Thursday, May 4, 2017 - 9:17am | 362Read More...Gordon Johnson still believes First Solar, Inc. (NASDAQ: FSLR)'s business is “fundamentally flawed,” despite his recent upgrade from Sell to Hold. Johnson, the managing director of Axiom Capital, made the comment on Thursday’s PreMarket Prep show. The upgrade happened because...
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Gordon Johnson On Caterpillar: 'Probably One Of The Most Overvalued Stocks We've Ever Seen'
Thursday, May 4, 2017 - 8:53am | 439Read More...Despite Caterpillar Inc. (NYSE: CAT)'s first-quarter earnings beat last week, Axiom Capital Managing Director Gordon Johnson isn't impressed. “Caterpillar is probably one of the most overvalued stocks we’ve ever seen,” Johnson said Thursday on Benzinga’s PreMarket...
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First Solar Could See Another 20% Upside Over The Near Term
Wednesday, May 3, 2017 - 1:31pm | 238Read More...First Solar, Inc. (NASDAQ: FSLR) sahres are up more than 13 percent following a big first quarter earnings beat Tuesday. Senior analyst Gordon Johnson of Axiom Capital believes First Solar’s first quarter beat was due to a large project sale of the company’s Moapa project and not due to...
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Playing April's Weak Auto Sales Figures: Add To Shorts In U.S. Steel, Cliffs
Tuesday, May 2, 2017 - 11:09am | 379Read More...Poor auto sales data from the major auto makers on Tuesday is hurting their respective stocks Tuesday morning. Shares of General Motors Company (NYSE: GM) lost nearly 3 percent, Ford Motor Company (NYSE: F) lost nearly 4 percent and Fiat Chrysler Automobiles NV (NYSE: FCAU) lost more than 5 percent...
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Top Solar Analyst Likens Canadian Solar To SunPower, First Solar From 2012
Monday, April 17, 2017 - 8:50am | 634Read More...Considering Canadian Solar Inc. (NASDAQ: CSIQ) the 2016 model of 2012's First Solar, Inc. (NASDAQ: FSLR) or SunPower Corporation (NASDAQ: SPWR), Axiom Capital initiated a Buy rating Monday with an $18 price target. Five years ago, solar stocks took massive hits, but because First Solar and...
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Why Solar Stocks Were Down Sharply Monday
Tuesday, March 7, 2017 - 3:28pm | 573Read More...India’s Central Electricity Regulatory Commission proposed a 70-percent cut Monday in the cost of renewable energy certificates from $0.05 per kilowatt-hour to $0.015 per kilowatt-hour — and Axiom Capital’s Gordon Johnson said it’s not necessarily good news. “Given...
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How AK Steel Beats Earnings Without Generating Cash
Tuesday, January 24, 2017 - 12:40pm | 559Read More...Gordon Johnson of Axiom Capital put out a bearish note on AK Steel Holding Corporation (NYSE: AKS) highlighting the cash flow aspect of the company, sending the shares down as much as about 8 percent after recording gains on EPS beat. Change Of Tune Earlier, investors were upbeat on AK Steel...
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SolarCity's Deal Vote Opens Short Opportunity, Says Solar Analyst
Wednesday, November 16, 2016 - 8:18am | 340Read More...Gordon Johnson of Axiom Capital, a notable solar analyst, downgraded shares of SolarCity Corp (NASDAQ: SCTY) to Sell from Hold with a $16 price target. Johnson's downgrade comes a day before the proposed Tesla Motors Inc (NASDAQ: TSLA)–SolarCity merger will be voted on by shareholders. The...
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Why China Just Caused Wall Street's Biggest Solar Bear To Change His Mind
Thursday, October 6, 2016 - 2:25pm | 1160Read More...One of Wall Street's biggest solar stock bears suddenly changed his tune Thursday. Axiom Capital Managing Director Gordon Johnson upgraded the entire alternative energy sector from Market Underweight to Market Overweight and upgraded SolarCity Corp (NASDAQ: SCTY) from Sell to Hold and Trina...
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Gordon Johnson And Solar Stocks: A Chronology Of Bearishness
Thursday, October 6, 2016 - 12:35pm | 789Read More...It may be time for solar stocks to emerge out of the doldrums and bask under the glorious sunshine. Gordon Johnson of Axiom Capital, who was decisively bearish on solar stocks, is revisiting his call and upgraded a few prominent names in the sector. Bear Way Back From 2008 Back in October 2008, the...
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Facebook, Twitter Investors Can Breathe A Sigh Of Relief As Data Shows Pokémon Go Usage May Have Peaked
Monday, August 22, 2016 - 7:27am | 428Read More...Given the surge in usage of Nintendo Co., Ltd’s (OTC: NTDOY) Pokémon Go app since its launch in July, there has been investor concern around the app “detracting from time spent on other mobile focused apps,” such as Facebook, Instagram, Twitter, Snapchat and Tinder, Axiom...
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Axiom's Anthony Highlights 5 Key Concerns Facebook Investors Might Be Considering
Tuesday, July 26, 2016 - 12:28pm | 419Read More...Victor Anthony, a senior analyst at Axiom Capital has been bullish on Facebook Inc (NASDAQ: FB) since the stock was trading under $20 a share. His bullish stance remains unchanged to this day, but he does have several concerns that need to be addressed in the company's second-quarter earnings...
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As Bulls In SolarCity Salivating, Gordon Johnson Firm On His Sell Rating
Tuesday, May 24, 2016 - 9:00am | 370Read More...Nevada’s New Energy Industry Task Force is scheduled to decide on the recommendations of its subcommittee on May 26 regarding the grandfathering of existing solar customers under the state’s previous roof-top solar rates. Axiom Capital’s Gordon L. Johnson II maintains a Sell...
