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
While the market churns up and down, one stock is making a great upward move. And the rumor mill gets all the credit. Trading desks are abuzz with anticipation that IBM (NYSE: IBM), Verizon (NYSE: VZ) or one of their… Read More
As investors await the outcome of various global crises — from Athens to Washington — they’re going to great lengths to avoid risk. Many are shunning any new stock purchases until confidence can be restored. But some investors aren’t waiting for the “all clear” to sound, snapping up great companies… Read More
With the proper focus, it’s sometimes possible to see a business headed for trouble long before it occurs. Last summer, I told readers wireless service provider Clearwire Corp. (Nasdaq: CLWR) was in deeper trouble than Wall Street analysts were publicly conceding. The analysts were carrying “buy” ratings, even when the… Read More
Performance is relative. If a stock manages to move sideways or modestly rise when most stocks are plunging, then investors should be pleased. Better yet, these are precisely the kinds of stocks that tend to outperform when most other stocks simply stabilize. We’re not there yet, but we’re getting awfully… Read More
Is the China trade over? A two-decade long run has catapulted the Chinese economy to amazing heights, but real cracks are starting to appear: inflation has perked up, the housing sector looks overextended and rumors persist that… Read More
Stocks have been in a deep slump since July 22. Is it a coincidence that earnings season for most companies in the S&P 500 was winding down during this time? As corporate commentary grew quieter, there were fewer fresh positive data points coming… Read More
Here’s a bit of good news. With millions of Americans now taking anticholesterol drugs (known as statins), heart disease may soon lose its status as the leading cause of deaths in the United States. In 2009 (the year for which the most recent data is available), 598,000 Americans died of… Read More
In his famous book A Random Walk Down Wall Street, Burton Malkiel suggests that every stock is exactly fairly valued. There can be no such thing as an undervalued stock or an overvalued stock, since investors are armed with all knowledge impacting the value… Read More
There’s been a lot of focus on the gold market lately. The yellow metal has started to lose its value, wiping out profits for investors who have jumped on the bandwagon in recent months. Yet in this instance, a pullback doesn’t spell… Read More
When I was in junior high school in the late 1970s, pessimism about the economy was all around. My friends’ parents were uniformly convinced the United States was in the midst of a great decline that would spell trouble for my generation. I… Read More
