-
Axiom: Stay Away From Mining Stocks
Monday, May 23, 2016 - 11:04am | 379Read More...It may still be too early to be bullish on metals and mining stocks. Axiom analyst Gordon Johnson believes the Federal Reserve’s hawkish commentary last week will trigger another leg down for a number of global metals, mining and mining equipment stocks. According to Johnson, the biggest...
-
Expect PayPal To Remain In Holding Pattern Following Analyst Day
Thursday, May 19, 2016 - 6:15pm | 273Read More...Noted tech analyst Victor Anthony of Axiom Capital issued a research note Thursday afternoon that suggested shares of PayPal Holdings Inc (NASDAQ: PYPL) are likely to remain in a holding pattern. The note followed the company's first-ever Analyst Day since separating from eBay Inc (NASDAQ:...
-
Gordon Johnson Sees 'Sizeable' Downward Guidance Revision From SolarCity Imminent
Wednesday, May 18, 2016 - 3:23pm | 329Read More...Axiom Capital's Gordon Johnson says a "sizeable" downward revision from SolarCity Corp (NASDAQ: SCTY) to its Q2 2016 guidance is imminent due to order cancellations. Earlier this month, SolarCity provided Q2 EPS guidance of ($2.80)-($2.70) and said it expects sales of $135 million...
-
Expanded Restaurant Delivery On Prime Now A Negative Read Through For GrubHub, One Analyst Says
Tuesday, May 17, 2016 - 5:29pm | 140Read More...Amazon.com, Inc. (NASDAQ: AMZN) announced its Free Restaurant Delivery Service expansion into Manhattan and Dallas. In response to Amazon's entrance into the sector, Grubhub (NYSE: GRUB), the largest restaurant delivery service, closed down 7.83 percent to $23.30. Axiom's Victor Anthony...
-
Axiom's Anthony: Twitter Just Had Two Positive News Items
Tuesday, May 17, 2016 - 5:16pm | 169Read More...The market favored Twitter Inc (NYSE: TWTR)'s actions to loosen its 140-character limit in addition to adding Debra Lee to the board. Twitter shares climbed more than 2 percent before falling back to close with a 0.35 percent gain by Tuesday's close. Axiom’s Anthony stated on CNBC...
-
Pandora Sale? Analyst Says Not So Fast
Tuesday, May 17, 2016 - 4:37pm | 214Read More...Late Monday night, Corvex's Keith Meister sent a letter to Pandora Media Inc (NYSE: P)'s board, urging the company to explore a sale. On the heels of this letter, the streaming music service jumped 6 percent to $10.59. Near the end of Tuesday's training session, Axiom's Victor...
-
Axiom's Gordon Johnson Says 'A Significant Slowdown In China Is Coming'
Friday, May 13, 2016 - 1:04pm | 266Read More...During Benzinga's Pre-Market Prep radio show, Axiom analyst Gordon Johnson shared his thoughts on China's dark future. These comments came after Johnson explained his startling $33.00 price target for Caterpillar Inc. (NYSE: CAT) compared to where it was trading Friday afternoon at $71.10. Despite...
-
Gordon Johnson Bearish On Caterpillar, 'Aggressively' Short U.S. Steel
Friday, May 13, 2016 - 11:13am | 450Read More...China is scrambling to prop up its credit driven economy, which released very weak Q1 results according to Axiom's Gordon Johnson. Effects of the slowdown in China will be felt worldwide, specifically by United States Steel Corporation (NYSE: X). He set a price target of $5 on U.S. Steel....
-
Gordon Johnson's SolarCity Warning: Are Analysts Incorrectly Giving Company Credit For Cash It Can't Get?
Wednesday, May 4, 2016 - 3:35pm | 431Read More...Gordon Johnson of Axiom Capital questioned whether the entire sell-side is incorrectly giving SolarCity Corp (NASDAQ: SCTY) credit for cash it can't access. SolarCity, whose shares have plunged 10 percent, announced a new "cash equity" transaction with John Hancock Financial to...
-
Axiom Sees 40% Upside In Alphabet As Google Continues To Dominate
Wednesday, May 4, 2016 - 8:51am | 263Read More...Alphabet Inc (NASDAQ: GOOGL) shares have lost 7 percent since April 5. Axiom’s Victor Anthony maintained a Buy rating for the company, with a price target of $1,001. The analyst believes that is “tremendous upside” amid the market volatility and there are a number of catalysts...
-
Axiom Lifts Facebook's Target To $155 As It's Consolidating The Majority Of Economics Of Media's Ad Shift
Thursday, April 28, 2016 - 7:49am | 214Read More...Facebook Inc (NASDAQ: FB) delivered a strong start to the year, with 1Q16 results ahead of expectations. Axiom’s Victor Anthony maintained a Buy rating for the company, while raising the price target from $150 to $155. Facebook’s 1Q16 results were significantly ahead of Axiom’...
-
Here's What Twitter Metrics You Should Be Watching For Today
Tuesday, April 26, 2016 - 3:07pm | 424Read More...Twitter Inc (NYSE: TWTR) earnings have been at the heart of many issues in the past. Tech companies can be difficult to value at times due to many variables, let alone quarterly reports. However, with Twitter reporting earnings after the close today, what numbers are important to gauge the...
-
Twitter Preview: Axiom Analyst Sees Jack Dorsey's Efforts To Show Progress
Tuesday, April 26, 2016 - 2:44pm | 433Read More...Twitter Inc (NYSE: TWTR) is expected to release its first-quarter results after the market close on Tuesday. Victor Anthony of Axiom expects Jack Dorsey's efforts to show progress, albeit slow. Expectations For The Print Wall Street analysts, on average, expect the micro-blogging site to earn $0.10...
-
Analyst Warning: U.S. Steel Will Cut Full Year EBITDA Guidance
Tuesday, April 26, 2016 - 10:09am | 264Read More...United States Steel Corporation (NYSE: X) is set to release its 1Q16 results on April 26 after market close. Axiom’s Gordon L. Johnson maintained a Sell rating for US Steel, with a price target of $5, saying that the company is likely to announce a reduction in its full-year EBITDA guidance...
-
Here's What Google Metrics You Should Be Watching For
Thursday, April 21, 2016 - 2:21pm | 304Read More...Perennially one of the most anticipated earnings of the year, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is set to report Q1 results after hours today. We often focus on the top and bottom line numbers (revenue and EPS), but while these are extremely useful figures to compare to estimates, what...













