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
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
He is the richest person in modern history. Warren Buffett? At his peak, Buffett’s wealth is less than one-fifth this man’s fortune. Bill Gates doesn’t even come close. Neither does Wal-Mart (NYSE: WMT) founder Sam Walton or telecom… 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
Despite the wild ups and downs it has created, this year’s tug-of-war between the bulls and bears hasn’t amounted to much. To date, the Dow Jones Industrial Average has been flat, while the S&P 500 has dropped a little more than 4%. We’ve essentially been on a hellish rollercoaster ride… Read More
Gyrations in the U.S. stock market have been capturing headlines worldwide, but European stocks have had it even worse. While the S&P 500 Index was down roughly 4% through the end of August, German and French stocks had fallen 17% year-to-date, while English stocks had lost 8% of their… 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
We're on the brink of a revolution in how we pay. I'm talking about something that several billion people are going to use very soon. Read More
The term “accidental high yielder” became prominent in the investment lexicon during the financial crisis. Now, it seems like every time the market falls, pundits and investors alike start talking about a fresh crop of dividend-paying stocks that sport inviting yields. Overused or not, there is something to be said… 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