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
Last summer, when Netflix (Nasdaq: NFLX) was messing with its pricing plans, alienating its customers in the process, I spotted a clear opening for rival Coinstar (Nasdaq: CSTR), which runs a kiosk-based DVD distribution system. As I wrote then: “Thanks to Netflix, Coinstar’s DVD business will thrive… Read More
In the past seven years, Home Depot (NYSE: HD) has bought back a whopping 600 million shares. That’s really impressive until you realize many of the shares were bought back right when the stock was trading at a… Read More
As the market has crawled ever higher during the past three years, a clear theme has emerged: When the market slumps, investor pessimism gets carried to extremes; and when the market posts a strong rally, things are not as solid as they appear. Read More
I’ve noted on a few occasions that investing in shares of biotech companies is quite challenging for the average investor. In this case, as I suggested a few weeks ago, a biotech fund may be the best choice for some, since it reduces the… Read More
For companies that carry a huge load of debt, there is no room for error. Cash-flow targets need to be met simply to assure investors that funds will be in place to meet future bond redemptions. If… Read More
At the start of each year, the chief strategists at Wall Street firms analyze dozens of variables and make bold prognostications for the year ahead. They distill all of their conclusions into one simple number — the S&P 500, and where it will reside… Read More
My loss is your gain. Less than a month ago, I told readers about the potentially strong upturn in place for carbon fiber maker Zoltek (Nasdaq: ZOLT). Thanks to a just-released quarterly report, shares… Read More
The stock market continues to grind higher. And you can give the U.S. economy the tip of the cap for the recent gains. Recent data points imply that the incipient economic strength we saw last fall has continued into 2012. If this trend remains in place, then… Read More
In the past few years, I’ve continually marveled at the stunning piles of cash parked on the balance sheets of many high-tech firms. These companies had been holding lots of cash to stay strong in case industry conditions waned. But even with the sharp economic blows of 2008 and 2009,… Read More
How do you know when a business is poorly run? When the U.S. government pumps $20 billion in it just to keep it going. That, in a nutshell, explains why legions of investors will never, ever invest in Citigroup (NYSE: C). [block:block=16] That’s a… Read More
