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
Judging by the first few weeks of trading in 2012, investors may assume that recent dominant themes remain in force. If so, then you’d simply hold to what you’ve been holding and avoid what you’ve been avoiding. But in many respects, 2012 is likely to play out quite differently than… Read More
Billionaire corporate raider Carl Icahn is no fool. When he makes his multimillion dollar investments in companies, he’s done a lot of homework and has a high degree of confidence that he stands to profit. During the summer of 2011,… Read More
It sure feels like a challenging investing environment — especially for smaller stocks, since they are usually seen as the riskiest. But did you know the Russell 2000, a handy proxy for small-cap stocks, has risen a hefty 15% since late November? Then again,… Read More
It’s so hard for new companies to gain traction in a mature industry. A few big players typically control most of the market share, so when upstarts come along with a better set of products or services,… Read More
It’s tax time once again. For a still-rising number of taxpayers, this means it’s time to buy, download or purchase a copy of TurboTax or H&R Block at Home (formerly known as TaxCut), the leading tax-preparation offerings from Intuit (Nasdaq: INTU) and H&R Block (NYSE: HRB), respectively. Read More
When it comes to stocks, it’s unwise to depend on hearsay. A reporter from a media outlet may be relying on dubious sources, or an analyst’s conjecture may simply be “thinking out loud.” Still, I pay close attention when a report emerges about a company I really know. And I… Read More
As the 2012 trading year starts to unfold, investors may already be forgetting an important lesson learned in 2009, 2010 and 2011: There is no such thing as an extended rally or an extended slump. The market fixates on good news for a… Read More
I like to strike while the iron is hot. That’s why I’ve wasted no time committing cash from my $100,000 real-money portfolio in short order. To recap… I bought $12,500 worth of Ford Motor (NYSE: F), which I think is poised for great things… Read More
To make money in stocks, you need to focus on companies BEFORE everyone else does. And while many think of Alcoa (NYSE: AA), the second investment in my $100,000 real-money portfolio, as an out-of-favor cyclical play, I see a company that is on the cusp of rotating back into favor. Read More
To make money in a churning market, you need to have firm discipline when it comes time to buy and sell. If you’re watching a stock make a solid upward move, then it often pays to wait out the mini-rally, finding a more compelling entry point for that holding. Read More
