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
As the markets reach new highs, investors have begun to express caution instead of celebration. Since Nov. 15, 2012, the S&P 500 has risen an impressive 15%. That works out to be a 45% annualized gain. And the whole time, a… Read More
“I wish I had invested in China before it slowed down,” an investor says in frustration. I hear this all the time. And it’s not just China. You could plug in any security that’s grown exponentially in a short period of time and I’ve heard someone complain about missing it. Read More
Company insiders operate in a very predictable fashion. Defined as officers, directors and outside shareholders who control more than 5% of company stock, these insiders tend to sell company shares when… Read More
While the housing industry receives growing media attention, many are overlooking a prime opportunity in a related sector. With so much focus on home sales, it’s going unnoticed. I’m talking about apartments. Fortunately, there’s a way to profit… Read More
In the decade after the dot-com stock boom ended, investors were in for a surprise. Even though many of their mutual funds lost value in the first few years of that decade, they still owed taxes. How’s… Read More
From its 2009 lows near $3 a share, Bank of America (NYSE: BAC) made a massive rebound near the $20 level in 2009 and 2010, but then saw a renewed push down with last year’s base lows at $7. The move back above the $10 pivot point this year sets… Read More
The “fiscal cliff” deadline came and went without even a bearish whimper from the stock market. Now, the so-called “budget sequester” — a set of laws that limit federal spending… Read More
The global trade rebound has been in full force during the past 12 months, after suffering a huge crash from the Great Recession of 2008. Today, shipping lines are on a mend, shipping everything from food and construction products to machinery and chemicals. Read More
In recent decades, the airline industry repeatedly burned investors as economic slowdowns or fuel price spikes wiped out industry profits. Many investors, including Warren Buffett, have suggested that it is best to steer clear of this boom-and-bust industry.#-ad_banner-# Yet in recent years, the entire… Read More
The stock market has experienced the perfect storm of bullishness in 2013.#-ad_banner-# The Dow Jones Industrial Average is making new all-time highs, surging more than 9% within the first three months of the year. Meanwhile, the broad… Read More