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
The stock market is making things awfully uncomfortable for short sellers. The S&P 500 rose 11% in the fourth quarter of 2011, and is up another 5% this month. That mini-rally has pushed up a number of heavily-shorted stocks, and if history is… Read More
It’s a sure sign of optimism when investors finally respond to obvious deep-value plays. In early December, I lamented that the herd was ignoring a favorable legal verdict and robust balance sheet in support of memory chip maker Micron Technology (NYSE: MU). Read More
For the second time in 20 years, companies are reaping the benefits of an economic scare. Back in the early 1990s, they shed costs in the face of uncertain business conditions. Hundreds of large companies deployed the phrase “corporate restructuring.” The downsizing, especially in terms of staff, ultimately led to… Read More
When it comes to global stock-market performance, strategists often speak of “decoupling,” which means the smaller but faster-growing economies in emerging markets have grown to the point that they are no longer beholden to investor sentiment about… Read More
Sometimes it’s best to wait for the dust to settle. After the earthquake in Japan last March triggered a deep sell-off in all stocks related to nuclear power, a number of investors started to bottom-fish. Any buying turned out to be premature, as key industry stocks fell… Read More
Over the course of 2011, investors steadily unloaded their holdings in Research in Motion (Nasdaq: RIMM) as it became apparent that the maker of Blackberry phones couldn’t keep up with the tag-team onslaught of Apple (Nasdaq: AAPL) and Google (Nasdaq: GOOG), which now collectively control more than 75% of the… Read More
Investors have sought out “GARP” stocks for decades. These investments, which represent Growth at a Reasonable Price, typically sport reasonable P/E ratios and possess superior growth prospects. There are a variety of ways to find such a combination of value and… Read More
The key to finding a winning investment involves a degree of far-sightedness. You need to anticipate what a company’s financial results may look like 12-18 months from now, even as Wall Street analysts base their projections on the next quarter’s results. The key is… Read More
The stock market is surely unpredictable. My prediction that LED lighting manufacturer Cree Inc. (Nasdaq: CREE), one of the stocks in my $100,000 real-money portfolio, would meet or exceed fiscal second-quarter estimates, turned out to be off the mark. The company trailed both top and bottom line forecasts,… Read More
Regular readers of my articles know that I spend most of my time in search of undervalued mid-sized and large companies. There are so many bargains in the S&P 500 alone, that it simply hasn’t paid to spend too much time on small — and risky — stocks in recent… Read More
