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Axiom's Victor Anthony: Amazon's 'Standout' Takeaway Is Its Retail Business
Friday, April 29, 2016 - 9:53am | 287Amazon.com, Inc. (NASDAQ: AMZN) wowed the investment community with its impressive Q1 earnings beat. While investors were focusing on Amazon's AWS segment, which demonstrated tremendous growth, Axiom Capital Management's Victor Anthony argued Amazon's "standout" takeaway...
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What The Twitter-NFL Partnership Means For Twitter
Wednesday, April 6, 2016 - 9:00am | 829On Tuesday, Twitter Inc (NYSE: TWTR) won the NFL sweepstakes, officially partnering for the right to stream 10 Thursday night games next season. Twitter reportedly paid about $10 million for the package, although interestingly, the NFL admitted that they were not the highest bidder, suggesting...
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Recovery Or Bankruptcy: Where Will Sunedison Be A Year From Now?
Friday, March 25, 2016 - 9:35am | 419About a year ago, Sunedison Inc (NYSE: SUNE) CEO Ahmad Chantila told CNBC he believed Sunedison's stock was "25-30 percent undervalued at this moment." Since that interview, shares are down more than 95 percent. The stock closed Thursday at $1.21, after trading over the $30 level a...
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The Beginning Of The End For Sunedison? Gordon Johnson Speculates
Wednesday, March 23, 2016 - 8:08am | 385Axiom’s Gordon Johnson maintained a Sell rating on Sunedison Inc (NYSE: SUNE), while reducing his price target from $0.39 to $0.22. Sunedison In Negotiations According to a Debtwire report, the company is in Debtor-in-Possession (DIP) negotiations with second lien load holders,...
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Joy Global Might Be Making The Same Mistake It Made Last Year, Says Axiom
Monday, March 14, 2016 - 12:20pm | 253In a new report, Axiom analyst Gordon Johnson discusses the reasons why he believes Joy Global Inc. (NYSE: JOY) is repeating its 2015 guidance mistakes again this year. By calling for a back-end loaded 2016 for earnings and revenues, Johnson believes that Joy Global is setting itself up for...
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Iron Ore's Price Spike Is 'Unsustainable'
Tuesday, March 8, 2016 - 11:57am | 641Analysts have a bearish outlook on iron ore prices, saying that the recent surge in the prices of iron ore is "unsustainable." Citi remains bearish short-to-medium term on iron ore prices, while Axiom Capital expects the prices to come down in the second quarter. Iron ore prices...
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Would Amazon Buy Lionsgate? These Analysts Aren't Convinced
Wednesday, February 24, 2016 - 2:37pm | 338Lions Gate Entertainment Corp. (USA) (NYSE: LGF) surged more than 5 percent on Wednesday following unconfirmed reports that Amazon.com, Inc. (NASDAQ: AMZN) is evaluating a bid to acquire the movie and TV producer and distributor. Speaking to Benzinga, Victor Anthony of Axiom Capital suggested...
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Back-To-Back Downgrades Sink Trinity Industries
Friday, February 19, 2016 - 12:17pm | 113Trinity Industries Inc (NYSE: TRN) shares are trading lower by $4.76 at $16.36 in Friday's session. The catalyst for the move may be the second downgrade of the issue over the last two days. Before the open, BB&T Capital downgraded the issue from Buy to Underweight. Interestingly, on Thursday...
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Gordon Johnson Says Solar PV Fundamentals Are Deteriorating
Thursday, February 4, 2016 - 9:48am | 355Shares of most Solar companies plunged over the past one month. Axiom Capital’s Gordon L. Johnson has a Market Underweight rating for the Alternative Energy sector. Falling pricing, increasing capacity and declining demand translate to a further deterioration in PV fundamentals,...
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Time To Sell SolarCity, Gordon Johnson Warns
Monday, October 19, 2015 - 8:26am | 415SolarCity Corp (NASDAQ: SCTY) shares have been highly volatile since January and are down 18 percent year-to-date. Axiom Capital’s Gordon Johnson initiated coverage of the company with a Sell rating and a price target of $24. Utilities appear to be better placed to win the net...
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Solar ETF And Stocks Getting Hammered: Here's Why
Monday, September 28, 2015 - 3:34pm | 494Shares of the Guggenheim Solar ETF (NYSE: TAN) fell more than 5 percent on Monday, trading at a new 52-week low of $25.37. Individual solar stocks also recorded notable declines on Monday. Gordon Johnson of Axiom Capital pointed out the Japanese government may restrict access to FIT program....
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This Analyst Says Sell Shares Of US Steel
Friday, August 21, 2015 - 7:57am | 360After China devalued its currency, some United States Steel Corporation (NYSE: X) investors are left more confused than ever. Will U.S. government protectionist measures (and cost-cutting initiatives) be enough to fight back against deflationary pressures from China? Gordon Johnson of Axiom...
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Victor Anthony: Twitter Investors Are Losing Confidence
Wednesday, July 29, 2015 - 11:51am | 323Twitter Inc (NYSE: TWTR) reported better-than-expected second quarter numbers on Tuesday with revenues up 61 percent year-over-year. However, shares of the company took a beating when markets opened for trade. Victor Anthony, Axiom Capital Management analyst, was on CNBC to explain the reason...
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Why Amazon Investors Could Be Hoping For An 'Unlikely' AWS Spin Off
Friday, July 24, 2015 - 8:59am | 287Axiom Capital Analyst Victor Anthony said that it was "unlikely" that Amazon.com, Inc. (NASDAQ: AMZN) will spin off Amazon Web Services. But that doesn't stop bullish investors from continuing to "hold onto a spin as a future option to enhance shareholder value." Anthony pegged AWS' value at $116...
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Axiom Analyst Trims Twitter User Estimates, Cuts Price Target To $40/Share
Monday, June 15, 2015 - 11:49am | 239Axiom Capital cut its forecasts for Twitter Inc (NYSE: TWTR) monthly active users (MAUs), a key metric that indicates Twitter's growth and engagement. Axiom analyst Victor Anthony now expects MAUs at 302 million, down from a 309 million forecast prior. Anthony notes that the current Wall...