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
Take your mind back to the third quarter of 2011. Companies were posting robust profits and investors were wading back into the market, helping to fuel a 15% gain in the S&P 500 from early October to the second week of November. But… Read More
For many retailers, the slow economy has made it hard to meet sales and profit targets. Formerly stellar retailers such as Talbot’s (NYSE: TLB), Pacific Sunwear (Nasdaq: PSUN), and Coldwater Creek (Nasdaq: CWTR) have all seen their stock… Read More
Insiders and directors of LinkedIn (Nasdaq: LNKD) have to be pleased with how their stock has performed since going public in May. A solid 64% gain in the past six months (while the Nasdaq has shed 7%) makes it one of the best performing… Read More
A regular scan of Securities and Exchange Commission (SEC) filings by corporate insiders can point the way to great investment opportunities. These officers and directors use their own funds to snap up their company’s stock on the open… Read More
If every year brings a fresh theme for investors, then 2011 will surely go down as the year cash-rich companies spent a lot more money buying back their own stock. In past periods of slow economic growth, companies deployed their cash to make deals in order to… Read More
It’s no secret that small-cap and micro-cap stocks really take it on the chin when investors grow skittish. A 5% or 10% drop in the broader market can lead to even deeper hits for these riskier stocks. The converse is also true: When… Read More
When the going gets tough, the tough… break out their checkbooks? After seeing stocks crater this summer, this is precisely what Warren Buffett did through his investment firm Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B). Buffett and his team invested $7 billion in the third quarter. To put that in perspective,… Read More
Has Warren Buffett drawn up a new playbook? The legendary mega-investor who has created vast wealth for shareholders through his investment vehicle, Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B), has announced that he’s been secretly buying shares of one of the world’s largest tech… Read More
Even the world’s top investors need to move slowly when deciding to make major new investments. So when shares of health care information provider WebMD (Nasdaq: WEBMD) started falling in the spring, two billionaire investors, Carl Icahn and George Soros, likely tasked their team… Read More
A recent front-page article in The Financial Times warned of the prospects of $200 oil. The respected financial publication predicted that any further tensions between Iran and the West — including a bombing raid by Israel to take Iran’s nuclear facilities off-line — would quickly create chaos in the oil… Read More
