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
For the millions of Americans who suffer from high cholesterol, Nov. 30 will be a big day. That’s when Pfizer’s (NYSE: PFE) blockbuster drug Lipitor will lose patent protection, promising massive savings for high-cholesterol patients. The $7 billion drug (according to projected 2011 sales) also represents a big deal for… Read More
In just a matter of days, the third quarter will finally come to an end, and barring an end-of-the month rally, investors will be tallying up the losses. As it currently stands, the S&P 500 is on track for a 15% loss, erasing all of the gains of the previous… Read More
The market has surged and plunged during the past two years, but two things have remained constant. Companies continue to generate lots of cash. And lacking any real options to re-invest that cash back into their business, they’re hiking or initiating new dividends at a rapid rate. Read More
In recent weeks, I’ve been focusing all my efforts on large- and mid-cap stocks, especially those with strong balance sheets and consistent free cash flow. Many of these rock-solid companies offer a degree of stability in this… Read More
A winning trade is often about connecting the dots. If one company is set to steal market share from another, it often pays to take two actions: Go long the market share winner and short the market share loser. Unfortunately, I… Read More
In my nearly two years penning articles for StreetAuthority, I’ve made my share of winning and losing calls. Thankfully, the track record has been largely positive, so I hope I’ve made readers a lot more money than I’ve lost them. As much as I hate the idea of a bad… Read More
The brutal market swoon has reminded us of an oft-repeated lesson: even the best companies can get swept up in a downdraft. This across-the-board selling, frequently the result of an economic slowdown, can end up revealing a clear chasm. On the one side are companies that would indeed run into… Read More
The massive government stimulus measures passed by the U.S. Congress in 2009 and 2010 enabled states to continue their work on major municipal projects. New highway spurs were completed, roadbeds were repaved and creaking bridges were shored-up. This not only provided work for individuals at a time when unemployment figures… Read More
“Bolsa de Valores, Mercadorias & Futuros de Sao Paulo” You may not know this Portuguese title. You may not even know it by its shortened moniker, “The Bovespa.” But you should. This is because it is the equivalent of Wall Street for South America. Indeed, the Brazilian… Read More
If you’re an active investor who monitors investment screens with great frequency, then you have ample reason to look forward to Monday mornings again. This is when major deals are often announced, and if history is any guide, then we may be on the cusp of solid upturn in deal-making… Read More
