David Sterman has worked as an investment analyst for nearly two decades. He started his Wall Street career in equity research at Smith Barney, culminating in a position as Senior Analyst covering European banks. While at Smith Barney, he learned of all the tricks used by Wall Street to steer the best advice to their top clients and their own trading desk.
David has also served as Managing Editor at TheStreet.com and Director of Research at Individual Investor. In addition, David worked as Director of Research for Jesup & Lamont Securities. David has made numerous media appearances over the years, primarily on CNBC and Bloomberg TV, and has a master's degree in management from Georgia Tech.
David Stermanon
Analyst Articles
A pretty remarkable shift in sentiment happened in the stock market last month and few may have noticed. The short positions among the most heavily shorted stocks on the stock market shrank by a major amount. Consider the drop in these short interest… Read More
There is one clear risk when looking at companies that may be “in play.” Even when companies are in the acquisition cross-hairs, a huge amount of patience is still required: a company may be actively holding discussions to sell itself, but any actual agreement… Read More
The U.S. consumer has been in a funk for several years now. European consumers feel even more pinched. Even the go-go economies of China and Brazil are seeing the signs of weakening consumer sentiment. Still, credit card giants Visa (NYSE: V) and MasterCard (NYSE:… Read More
When Patriot Coal (NYSE: PCX) announced plans to file for bankruptcy, investors should not have been surprised. After all, shares had fallen from $20 to $2 in the past year, signaling potential financial distress in the days and weeks ahead. In fact, expectations that… Read More
For subscribers to my $100,000 Real-Money Portfolio, you’ll notice a clear set of rules I live by: Every pick has to have solid downside support, potentially robust upside and clear catalysts in place. Having just two of three investment merits isn’t good enough. You need all three to preserve capital… Read More
If you’re an executive at a struggling retailer, then you’ve been warned. Either come up with a way to turn the ship around, or get ready for investors to make life quite difficult. In this tough economic climate, investors are in no mood to hold on to any retail stock… Read More
Just a few weeks ago, I was looking at a group of stocks that — on the surface at least — looked like they had solid potential upside, perhaps as much as 100%. Well, one of those stocks stuck in my craw. #-ad_banner-#I decided to look more deeply at the… Read More
At the start of 2012, investors were assessing whether it was wiser to focus on the deep value that many stocks offered, or the incipient signs of a global economic slowdown that would cap any upside for stocks. They focused on the former in the first quarter, giving stocks a… Read More
Do quarterly results even matter? Investors had been anticipating a fairly tough set of reports prior to the most recent earnings season, but they bid up stocks throughout March anyway. When those reports rolled in across April and early May, the numbers (and… Read More
Whenever a company decides to pursue a growth-through-acquisition strategy, investors grow concerned. The payoff can be rapid growth and investors are certainly happy whenever that happens, but the risks are significant. Execution must be perfect, or hoped-for synergies will simply fail to materialize. If that happens, then the stock could… Read More
