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 2008, a Houston-based energy company saw an enormous opportunity. In June of that year, natural gas was selling for $14 per thousand cubic feet. At the time, it appeared the U.S. was going to run out of natural gas, and it seemed like the perfect time to build new import facilities and take advantage of increased demand. However, new hydraulic fracturing (fracking) technology changed the rules of the game. All of a sudden, natural gas was plentiful and cheap. As a result, gas prices plummeted. So what happened to the… Read More

In 2008, a Houston-based energy company saw an enormous opportunity. In June of that year, natural gas was selling for $14 per thousand cubic feet. At the time, it appeared the U.S. was going to run out of natural gas, and it seemed like the perfect time to build new import facilities and take advantage of increased demand. However, new hydraulic fracturing (fracking) technology changed the rules of the game. All of a sudden, natural gas was plentiful and cheap. As a result, gas prices plummeted. So what happened to the energy company eager to import natural gas? As you might expect, shares prices fell off a cliff. Since then, things have turned around for Cheniere Energy (NYSE: LNG). In fact, the stock has gained an astonishing 2,568% since bottoming out five years ago. If you’re a regular StreetAuthority reader, you’ve probably heard of Cheniere before. In December 2011, StreetAuthority resources expert Nathan Slaughter recommended Cheniere to the subscribers of his Junior Resource Advisor newsletter. Read More

Apple (Nasdaq: AAPL) made history last month with the biggest corporate bond issue ever: $17 billion in six different maturities. That’s more than the GDP of the 29 smallest countries combined — and Apple did it by promising to pay just 1.4% a year in interest.#-ad_banner-# Everyone caught the news, but many overlooked the huge consequences it has for the… Read More

Apple (Nasdaq: AAPL) made history last month with the biggest corporate bond issue ever: $17 billion in six different maturities. That’s more than the GDP of the 29 smallest countries combined — and Apple did it by promising to pay just 1.4% a year in interest.#-ad_banner-# Everyone caught the news, but many overlooked the huge consequences it has for the market. This deal has the potential to push a lot of stocks higher and not just those tied to the Cupertino, Calif.-based giant. Apple will be using the debt to return $100 billion to shareholders through dividends and stock repurchases over the next two years. Evidently, the Street likes the plan, with big investors like David Einhorn buying more… Read More

Around our research office in Austin, Texas, we just call them our “Forever” stocks. Put simply, this is the set of stocks so reliable that you can buy today and hold for the rest of your life. They have beaten the market for decades… because they share a few key traits. This sort of “worry-free” performance is why many of the world’s richest investors, politicians, and businessmen have owned… Read More

Around our research office in Austin, Texas, we just call them our “Forever” stocks. Put simply, this is the set of stocks so reliable that you can buy today and hold for the rest of your life. They have beaten the market for decades… because they share a few key traits. This sort of “worry-free” performance is why many of the world’s richest investors, politicians, and businessmen have owned shares of these stocks for decades, using them to profit in any sort of market. When you own them, you no longer need to worry about inflation or deflation… bear markets or recessions… flash-crashes or fiscal cliffs. Read on to learn more about “Forever” stocks: ‘Forever’ Funds: The Safest High-Yield Funds On The Planet (Part I) What investor wouldn’t want the safety… Read More

Apple (Nasdaq: AAPL) made history last month with the biggest corporate bond issue ever: $17 billion in six different maturities. That’s more than the GDP of the 29 smallest countries combined — and Apple did it by promising to pay just 1.4% a year in interest.#-ad_banner-# Everyone caught the news, but many overlooked the huge consequences it has for the… Read More

Apple (Nasdaq: AAPL) made history last month with the biggest corporate bond issue ever: $17 billion in six different maturities. That’s more than the GDP of the 29 smallest countries combined — and Apple did it by promising to pay just 1.4% a year in interest.#-ad_banner-# Everyone caught the news, but many overlooked the huge consequences it has for the market. This deal has the potential to push a lot of stocks higher and not just those tied to the Cupertino, Calif.-based giant. Apple will be using the debt to return $100 billion to shareholders through dividends and stock repurchases over the next two years. Evidently, the Street likes the plan, with big investors like David Einhorn buying more… Read More