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
At the height of the dot-com era, with the Nasdaq trading at 5,000, the airwaves were filled with predictions of even bigger gains to come. One prediction that called for “Dow 36,000” was a sure sign that stocks were headed for trouble. Bubbles get pricked right at the time of… Read More
There’s Wall Street, and then there’s the “Wallflowers.” These are companies that go out of their way to avoid the Wall Street banking-and-research mill, content to let their businesses speak for themselves. Some companies end up as Wallflowers even if they prefer otherwise. Read More
Thank you Mario Draghi. The president of the European Central Bank has pledged to do whatever it takes to save the euro, and investors are already feasting on the prospects. The mere expectation that an even… Read More
When it comes to picking stocks, it’s not just your analysis of a company’s fundamentals that counts. It’s also your analysis of how other analysts and investors are looking at the current market events, a sort of “meta-analysis,” if you will. And I… Read More
Short selling is not for the faint of heart. If you get it wrong, then you could lose a lot of money quite quickly. That’s because a heavy short interest can lead to a short squeeze that adds… Read More
As an old colleague often reminds me, “trading is easy, but investing is hard.” When you trade stocks, you only need to stick around for a few days or weeks to see whether your investment thesis is correct. But if you invest — and really want to score big gains… Read More
Years ago, Wall Street analysts could differentiate stocks they favored against stocks with little appeal. A “buy” rating was all a client needed to know. But during the 1960s and 1970s, clients began to demand more information. They didn’t want to only know what to buy, but how much… Read More
More than one-third of companies in the S&P 500 have released 2012 quarterly results, and a clear set of themes have emerged. Profits have been slightly better than expected, while revenue has been a tad disappointing. More important, the forward view has been fairly dim: A wide range of companies… Read More
Let’s get right to it… I want to update you on two of my top stock picks this year — picks that I think could rise 50% or even 100% over the next few years, even though each is suffering from some major challenges. I was able… Read More
Here at StreetAuthority, we don’t talk about Chinese stocks very much. They’ve proven too risky, and more than a few have blown up in the face of major accounting scandals. In short, the risk usually seems to outweigh the reward when it comes to… Read More
