axiom

One of the most vocal United States Steel Corporation (NYSE: X) bears on Wall Street finally changed his tune this week, upgrading the stock from Sell to Hold. On Friday morning’s PreMarket Prep, Axiom analyst Gordon Johnson said U.S. Steel has a major catalyst coming in January that...

Axiom analyst Gordon Johnson downgraded Canadian Solar Inc. (NASDAQ: CSIQ) to Hold Friday after the firm’s CEO reported a take-private offer of $18.47 per share. The rate not only suggests 29-percent downside to Johnson’s fair value estimation of $26, but also implies inflation in Axiom...

The list of solar companies that have been taken private may see the addition of Canadian Solar Inc. (NASDAQ: CSIQ). The company's chairman, president and CEO Dr. Shawn Qu offered shareholders $18.47 to buyout the company, but some investors are anxiously awaiting if a superior bid will be...

One of the most vocal United States Steel Corporation (NYSE: X) bears on Wall Street has finally thrown in the towel and upgraded the stock. The Analyst Axiom analyst Gordon Johnson upgraded U.S. Steel from Sell to Hold and raised his price target to $37. The Thesis According to Johnson, there...

United States Steel Corporation (NYSE: X) stock is soaring Wednesday after the company reported a big third-quarter earnings beat Tuesday. But while U.S. Steel investors are cheering the company’s big numbers, Axiom analyst Gordon Johnson is throwing some cold water on the hot quarter....

Investors are encouraged to sell their stakes in United States Steel Corporation (NYSE: X), according to analysts at Axiom. The firm's Gordon Johnson maintains a Sell rating on US Steel's stock and expects the company to revise its guidance to the downside in conjunction with Tuesday's earnings...

Steel Dynamics, Inc. (NASDAQ: STLD) reported in-line earnings Wednesday, but Axiom’s Gordon Johnson expects a Thursday sell-off on weak guidance. Management announced fourth-quarter outlook for earnings before interest and taxes below Street expectations and cited “maintenance”...

When it comes to steel, traders know product price movement correlates with stock price movement. Steel mills know it, too. According to Axiom’s Gordon Johnson, this understanding drove ArcelorMittal SA (ADR) (NYSE: MT) to announce a $40- to $50-ton price increase. “These guys announce...

As experts expected, the U.S. International Trade Commission announced Friday that it found solar panel imports injurious to American producers. The ITC is now expected to impose tariffs or other penalties on foreign sellers under Section 201 of the Trade Act of 1974. Exact measures will be...

Despite trading up 75 percent year to date, JinkoSolar Holding Co., Ltd. (NYSE: JKS) suffers enduring analyst skepticism. Axiom’s Gordon Johnson initiated coverage with a Sell rating and $10 price target Thursday, adding to the Street’s two Holds, two Sells and $18.60 average target....

Chinese solar stocks are about to “get crushed” by U.S. regulation, according to Axiom’s Gordon Johnson. The International Trade Commission will decide Friday whether to impose a Section 201 tariff on imported solar panels, and things aren’t looking too good for foreign...

Axiom in a note Monday called Teck Resources Ltd (USA) (NYSE: TECK) as a destroyer of shareholder value. The firm sees a sizeable cut to consolidated EBITDA estimates ahead. Accordingly, the firm initiated coverage at a Sell rating with a price target of $16. Teck Resources is an integrated...

On Wednesday and Thursday, JinkoSolar Holding Co., Ltd. (NYSE: JKS) recovered all of its initial post-earnings losses, but Axiom analyst Gordon Johnson says Jinko and other solar vendors with exposure to the Chinese module market have plenty more pain on the horizon. Johnson says Jinko’s...

Less than a week after predicting JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO) would report its first earnings loss in four years in third quarter, Axiom analyst Gordon Johnson added JA Solar to his list of solar stock short ideas. In a new note to clients Tuesday, Johnson downgraded JA Solar...

Declining PV module margins may push one popular solar stock into the red in the third quarter for the first time in four years. On Thursday, Axiom analyst Gordon Johnson said he can’t see how JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO) will possibly manage to keep its 16-quarter...