axiom

Solar panel prices have been on the rise in recent months, providing a tailwind to solar stocks. However, according to Axiom analyst Gordon Johnson, investors should be careful about drawing conclusions about underlying demand. In a new note Thursday, Johnson explained that the strong solar...

It’s been about one month since Chinese Premier Li Keqiang spoke at the World Economic Forum and said that China’s economy is not headed for a hard landing and that it will have no problem meeting growth targets in the near future. Since that time, Chinese commodity prices have been on...

After last week’s Intersolar Conference, Axiom's Gordon Johnson expects First Solar, Inc.'s (NASDAQ: FSLR) Q2 earnings to “dazzle." “We are hearing that First Solar is delaying the ramp up of its Series 6 technology, and instead focusing on ramping back up its Series...

Could Tesla Inc (NASDAQ: TSLA) be looking to partner with Meyer Burger Technology? Axiom Senior analyst Gordon Johnson believes a deal could be in the works. “Through our regular checks we learned of an alleged meeting between the CEOs of Meyer Burger and Tesla; our contact suggested Tesla...

After reports surfaced earlier this month that President Donald Trump is considering covering his proposed border wall with Mexico in solar panels, solar investors finally got to hear the words right from the horse’s mouth this week. On June 21, Trump told supporters in Iowa that a “...

Looking ahead at a busy next two weeks for the U.S. steel industry (Section 232, inventory data, mid-quarter updates, WSD/AMM Steel Success Strategies conference), BMO Capital Markets analyst David Gagliano rated the United States Steel Corporation (NYSE: X) as Market Perform. Under new CEO David...

United States Steel Corporation (NYSE: X)’s new CEO Dave Burritt might not make the stock a Buy Thursday, but his long-term vision for the company could have it repositioned for growth in the years ahead. After speaking with Burritt about his strategy, Axiom analyst and long-time U.S. Steel...

The share prices of iron ore miner stocks are pricing in much higher iron ore prices that the market is delivering, suggesting the sector could see significant downside ahead. Axiom analyst Gordon Johnson recently derived implied iron ore prices using the current share prices of five of the world...

Axiom Senior Analyst Gordon Johnson expects a significant cut in guidance for United States Steel Corporation (NYSE: X) in late July or early August. When using "a 90% confidence interval, over the 4 observation periods available since X changed the way it guided EBITDA 1/26/16, on...

Solar stock investors may have a surprising new ally in Washington. This week, President Donald Trump suggested that his proposed border wall with Mexico could pay for itself if the wall were covered with solar panels. In the past, Trump has repeatedly claimed that Mexico would pay for the border...

Recent chatter has shown increased concerns over industrial stocks in the second quarter. Axiom analyst Gordon Johnson noted of the seven non-residential construction U.S. data points the firm tracks, all seven were incrementally weaker in April. This event has only happened once in the past 17...

The United States dropped a 21,600-pound Massive Ordnance Air Blast bomb on ISIS targets in Afghanistan. The attack is the first time the U.S. has used the so-called “Mother of all Bombs” in combat, and news of the bombing came just days after President Donald Trump authorized bombing...

A number of stocks delivered huge gains in the weeks following the 2016 election on the hope that President Donald Trump’s policies would create major earnings tailwinds for certain sectors of the economy. Among the biggest post-election winners was United States Steel Corporation (NYSE: X)....

Pre-open movers U.S. stock futures traded slightly lower in early pre-market trade, ahead of earnings from Netflix, Inc. (NASDAQ: NFLX), United Continental Holdings Inc (NYSE: UAL) and J B Hunt Transport Services Inc (NASDAQ: JBHT). The Empire State manufacturing index for April is schedule for...