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
In recent weeks and months, we’ve seen a range of companies report solid quarterly results, yet their shares have steadily fallen in sympathy with the broader market. More than a few company executives have grumbled on conference calls that their company’s shares don’t get… Read More
Capitulation. That’s an often-used word on Wall Street to describe when investors completely give up and throw in the towel. It’s not always a bad thing: Some investors love to find situations where a stock has been so crushed that shares are… Read More
Shares of copper and gold miner Freeport McMoran (NYSE: FCX) are trading off of their early highs, but still up a respectable +4%, thanks to surprisingly strong second-quarter profits. Quarterly results for this mining giant are based on two simple… Read More
Get ready for the China collapse. Virtually every major media outlet has weighed in with dire reports that the Chinese economic miracle is about to come to an abrupt end. These Chicken Littles note that any strong asset class that looks like a bubble must come crashing down. In the… Read More
It’s been a rough year for those in the branding business at big corporations. SEC investigations, massive product recalls and oil spills (among more traditional factors like competition and slowing sales) have taken a toll on the reputations, as well as the stock prices, of some of America’s most well-known… Read More
What a roller coaster. On Friday the markets drop about -3%. As of the close today, most of that has been made back. I know investors are wondering what they should do. In most cases, I think the answer is “nothing.” As Warren Buffett said, “I buy on the assumption… Read More
With all of the attention paid to quarterly results, investors often lose sight of the bigger picture. Suddenly, a solid growth story becomes a lagging stock. And that’s when you need to pounce. Because when the short-term noise recedes, investors will return to that stock in force. Read More
There’s an old adage in Detroit. You make money selling cars, but you also make money helping consumers finance those purchases. And there’s never been a better time to be a lender. Big firms can borrow money at super-low interest rates, but consumers still need to pay 6%, 7% or… Read More
Love is a fickle thing. When oil prices surged past $100 a barrel in 2008, investors fell madly in love with alternative energy stocks. But when oil prices crashed, and when signs emerged that government budget problems would curtail the industry-friendly subsidies, so did investor ardor for this young industry. Read More
As a trader, I believe it is critically important to have one of three biases at all times: bullish, bearish or neutral. Certainly, I can be bullish with regard to one segment of the market while being bearish on another. In fact, I consider 30 different aspects… Read More
