Gordon Johnson

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...

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...

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...

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...

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...

United States Steel Corporation (NYSE: X)'s surprise loss in the first quarter contributed to the stock's more than 15 percent decline. But according to Gordon Johnson of Axiom Capital Research, the company's outlook and stock price can only get worse moving forward. In a research report following...

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)....

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...

Solar stocks popped Tuesday on news that the Trump administration was considering a value-added carbon tax to increase federal revenue. But Axiom Capital’s Gordon Johnson told Benzinga the chance of Congress passing a tax is less than 5 percent. Raymond James analyst Pavel Molchanov added...

After the newest batch of MSCI data for the month of February, Axiom analyst Gordon Johnson is as bearish as ever on steel prices. U.S. steel mill service centers recorded a 6.4 percent month-over-month decline in shipments and a 0.6 percent rise in inventories. Johnson notes that the historical...