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
It’s noteworthy that the S&P 500 has risen 28% since Oct. 3, 2011, working out to be a nearly 60% annualized gain. What’s even more notable is that almost all of the upside (outside of Apple (Nasdaq: AAPL)) has been in the riskiest end of the… Read More
In late February, energy stocks started to perk up as oil easily moved past the $100 per barrel mark. Rising tensions with Iran were seen as the big factor, but an improving U.S. economy also changed the calculus for many investors. As U.S. consumers start to spend more… Read More
Can you guess what single organization consumes the largest amount of fuel in the world — more than any airline, more than any shipping firm and more than dozens of small nations? I am talking about the U.S. Department of Defense (DoD), which has really felt the pain of $100… Read More
It’s been a busy week for this analyst, and it’s not even earnings season yet. Earlier in the week, I looked over the latest data regarding heavily-shorted stocks, and was none too pleased to find several stocks in my $100,000 Real-Money Portfolio on… Read More
There’s a tried-and-true maxim on Wall Street: Stocks fall a lot faster than they rise. There are myriad examples, and the sharp plunge of 1987 is just one. The economy was growing at… Read More
What happens when you build too much manufacturing capacity but not enough customers to keep your factory floor busy? You lose money. The overhead costs quickly eat up any gross profits you make. That has been the long-standing problem for carbon fiber… Read More
If you’re being kept awake by a neighbor’s party, you may as well get dressed and join the fun. That was the possible reaction to Wall Street strategists, who issued fairly dour “year-ahead” reports back in December, predicting the… Read More
Growth investing is still the name of the game if you want to score big gains. Investors in high-flying stocks like Chipotle Mexican Grill (NYSE: CMG), Salesforce.com (NYSE: CRM) and Priceline.com (Nasdaq: PCLN) have scored major gains in the last few years. Yet such high-flying stocks also bring real risk. Read More
(Editor’s note: the stop-loss for this trade has been revised.) The global energy picture is changing so fast that it’s getting hard to keep up. In just the last five years, we’ve seen: • Crude oil briefly spike above $140 a barrel in… Read More
Another week, another rally? The market began the current trading week on a high note once again, and it seems as if this bull just can’t be stopped. The S&P 500 has moved higher in 13 out… Read More
