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
Serious economic storm clouds have emerged, and when you consider that the S&P 500 is on track for its fourth straight year of gains, a tumble in 2013 is downright plausible. Here’s a sage piece of advice: If you own high-quality companies that appear to sport low valuations, hang on… Read More
Resilient — there’s simply no other word that describes the U.S. economy. It has been faced with so many challenges during the past few years, and yet it’s actually growing stronger — at least by several key measures. You can also chalk it… Read More
Are you familiar with the M/O ratio? Well, it may just be the single most important equation to determine the direction of global stock markets. And while it’s likely to help deliver robust gains for many emerging markets, it’s a troubling ratio for… Read More
Ever since he took the reins of Citigroup (NYSE: C) in mid-October, Chairman Michael O’Neill has been making the rounds with the company’s key stakeholders. And as he’s found, the global banking giant still has many detractors in the investment community. Read More
During the past two years, software developers in Redmond, Wash., have been fine-tuning the millions of lines of code that comprise Windows 8, the latest version of Microsoft’s (Nasdaq: MSFT) ubiquitous software operating system. It’s been an ambitious task, as Microsoft has… Read More
Roughly a decade ago, consumers finally realized they were truly addicted to the Internet. If you spent a few days offline, without checking e-mail or favorite websites, then withdrawal symptoms began to occur. More recently, we’ve become dependent on a new fix: “WiFi.” As we roam towns and cities, or… Read More
When the market hit bottom in March 2009, investors needed to weigh two variables: The negative pull of a weak economy against the positive push of compelling low valuations. That push-and-pull dynamic has stayed… Read More
Very few hedge fund managers get to have an investing maxim named after them. But so many people follow in the slipstream of activist hedge fund manager Carl Icahn, trying to profit from his moves, that there’s even… Read More
If every era of investing can be characterized by a few select themes, then the current one can surely be noted by a stunning rise in corporate cash balances. Many companies have spent the past few years in cash-generating mode, yet they have seen few opportunities to invest that cash… Read More
Declaring bankruptcy has one clear benefit. It allows management to restructure a business without worrying about near-term debts coming due. Airline carrier AMR, for example, is fixing the holes in its business and aims to exit bankruptcy in a financially and operationally… Read More
