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
Sitting in the banking centers of London, Paris and Zurich, the top European money managers have all been singing the same tune lately: “Focus on America.” These investment pros were greatly concerned about the U.S. economy a few years ago, but increasingly think that… Read More
When executives of a company step in and buy its stock, it can provide a glimpse into an overlooked or misunderstood value opportunity. Sadly, these insiders are often lousy market timers. They tend to acquire… Read More
Earnings season is off to a generally solid start, though tucked into the broad group of estimate-beating companies are more than a few cautionary notes: A range of companies — many of which have exposure to Europe or China — are speaking of tougher times ahead. Read More
Volatility is back. The markets slumped badly at the end of last week and have rallied considerably higher thus far this week. From solid corporate earnings to tepid economic reports to deepening troubles in Europe, there’s a whole lot of push and pull… Read More
More than a decade removed from the dot-com era, investors are once again reverting to bad habits. They’re chasing seemingly sexy hot IPOs (initial public offerings) as they rise ever-higher and are often the last ones left holding the bag when reality eventually sets in and these stocks steadily fall. Read More
There is one huge risk when it comes to owning shares of high-growth companies. No one really knows how far or how close the company is to market saturation, so investors (and… Read More
And so the game continues. Heading into every quarter, analysts tend to tamp down their earnings forecasts, helping many companies to exceed the newly-lowered estimates modestly. During the past few years, this has enabled roughly 55% to 60% of companies beat the consensus estimates… Read More
The best opportunities arise when there is a “divergence from the consensus.” This phrase often refers to analysts’ profit forecasts, and the wide range of estimates spells opportunity if you know on which side of the fence to land. Yet there… Read More
Just as a rising tide can lift all boats, a falling tide can also sink them. As I’ve been writing for the past few months, investors should be thinking about opportunities for profit-taking after the market made a virtually uninterrupted upward… Read More
In most instances, it pays to focus your investment research on companies that are delivering great results. Rising profits, thanks to market share gains, hot new products, international expansion and other factors often lead to a surging valuation for a company. Yet for some types of… Read More
