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
Those who are new to investing are just as smart as those who have been around for a long time. The main difference lies not in intelligence, but wisdom — the wisdom that comes from making mistakes and learning from them. From Warren Buffett to George Soros,… Read More
With each passing month, the challenges seem to build for major banks. Their commercial customers are not looking to take out big loans and their consumer business isn’t looking so hot either. Regulators have started to curtail certain fees, limiting debit-card transaction charges, for example. In response,… Read More
In a challenging market, investors seek out reasons to sell holdings just as often as they search for new stocks to buy. Of course, it’s not a decision made in a vacuum. Your buy and sell decisions are often influenced by what others might be doing. Good stock picking (and… Read More
There’s plenty of fear on Wall Street these days. One of the main fears is that the economy is heading for recession, which would imply there’s no reason to find stocks appealing right now. But this fear… Read More
A real conundrum has emerged in the stock market: it’s become quite easy to find undervalued stocks, but when you have too many to choose from, it’s hard to see which choice will be the first to rise or has the greatest upside relative to the hundreds of other stocks… Read More
The end is near. That is to say, the deepening European crisis is coming to head. And when policy makers finally devise an effective strategy to tackle the banking mess in Southern Europe, the never-ending market selloff in Europe will likely come to an end. This is… Read More
It’s pretty easy to spot the major investment winners of the last decade. Apple (Nasdaq: AAPL) has risen from less than $10 in 2003 to nearly $400 today. Netflix (Nasdaq: NFLX), Chipotle Mexican Grill (NYSE: CMG), Salesforce.com (NYSE: CRM), and Lululemon (Nasdaq: LULU) and a few dozen other stocks… Read More
In investing, there’s a time to focus on reward and a time to focus on risk. And in a clearly growing economy, it always pays to find the companies best positioned to grow steadily. In better times, investors have been amply rewarded for their… Read More
Since the middle of July, the business headlines have been relentlessly scary as governments, corporations and individuals scramble to stay afloat in a weak global economy. Yet for airline industry executives, each day brings more good news. Oil prices are falling and look set… Read More
Depending on whom you ask, the current stock market is either too expensive and headed for a further fall, or too cheap and poised for a rebound. The issue is irrelevant. The real question involves specific stocks — not the broader market. This is because, in these challenging times, some… Read More
