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
Meredith Whitney became a household name last winter. The banking analyst, who was formerly known only by the Wall Street crowd, caught the attention of Main Street when she predicted that many state and local governments would start defaulting on their municipal bonds as… Read More
Bruce Berkowitz is ready for a long Labor Day respite. The founder of Fairholme Capital, who was named as Morningstar’s “Fund Manager of the Decade” for his audacious and well-timed investments, made a major gaffe this summer. He loaded up on financial stocks in the first… Read More
I recently heard from a reader who wondered aloud why shares of LDK Solar (NYSE: LDK), which have lost half of their value since early May — and 90% of their value since 2007 — are trading so poorly. After all, this major player in the solar industry has… Read More
It’s really tempting to fill your portfolio with biotech stocks. This is because biotech investors who find the next breakthrough stock are able to double, triple or quadruple their money almost overnight. Take Dendreon (Nasdaq: DNDN), a maker of a pricey prostate cancer drug, for instance. As… Read More
If you’ve been looking at a sea of red on your stock screens lately, then you have plenty of company. A hefty 495 stocks in the S&P 500 have moved lower since the market sell-off began July 22. Yet a quick look at the five lonely stocks that have been… Read More
When it comes to stock buybacks, we tend to assume investors will surely benefit sooner and later. In the near-term, shares can find support from a large institutional buyer — i.e. the company itself — and in the long-term, earnings per share… Read More
Most of the time, value investors look for stocks that have a price-to-earnings (P/E) ratio that is less than the earnings growth rate, or a PEG ratio below 1. For example, a stock with a P/E of 15 and an… Read More
After a solid rebound through the winter and spring of 2009-2010, the U.S. economy began to lose steam. As spring turned into summer in 2010, investors grew increasingly concerned the U.S. economy would slip right back into… Read More
In the current stock market environment, bargains are showing up wherever you turn. Thousands of stocks are now trading at close to two-year lows, although many of them should be avoided since business can get even worse in a slowing economy. This is why it pays to focus… Read More
The market is taking it on the chin this week, which was to be expected, according to technical analysts. Just last week, I noted that history tells us the Dow Jones Industrial Average would need to move back to recent lows (known as a “retest”). Sure enough,… Read More
