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 has scarcely been a more important time for investors to hunt for high yields than right now.  The key reason? Safety. But it doesn’t have to stop there. I’m about to show you how you can lock in safe, double-digit yields, during times of economic uncertainty. All it takes is a couple of simple screening tools, the brains to understand that cyclical swings are an opportunity — not a reason for panic, and the guts to follow through with conviction.#-ad_banner-# As I’ll explain in a moment, readers of my High-Yield International advisory were able to do this very thing… Read More

There has scarcely been a more important time for investors to hunt for high yields than right now.  The key reason? Safety. But it doesn’t have to stop there. I’m about to show you how you can lock in safe, double-digit yields, during times of economic uncertainty. All it takes is a couple of simple screening tools, the brains to understand that cyclical swings are an opportunity — not a reason for panic, and the guts to follow through with conviction.#-ad_banner-# As I’ll explain in a moment, readers of my High-Yield International advisory were able to do this very thing in 2009. And if they could do it back then — during one of the most uncertain economic times in the past century — then it can easily be done again. First, let’s take a look at where we stand… Investors face myriad macroeconomic concerns in 2012. Since the beginning of the year, U.S. economic data have weakened markedly — job creation has been uninspiring at best, and consumers have been hesitant to spend. Meanwhile, many economists are worried about the so-called 2013 “fiscal cliff,” a host of tax hikes and government-spending reductions due to go into effect on Jan. Read More

Trading desks around the world are still buzzing from Thursday, Sept. 13’s announcement by the Federal Reserve that it will expand its mortgage-backed security purchase program to $40 billion per month for an unlimited period of time. The term de jour for this new game-changing policy among the pros is… Read More

The Best IPO of 2012

September 17, 2012

Who among us hasn’t dreamed about catching a hot IPO in the beginning stages? Just ask early investors in game-changers like Apple (Nasdaq: AAPL), up a mind-numbing 22,590% since its first day of trading in 1984, or Nike (NYSE: NKE), up 12,618%… Read More

Where are the best opportunities right now in natural resources?  The obvious answer is the companies that are digging the stuff out of the ground.  #-ad_banner-#But to find tomorrow’s next big winners, you also have to look at what’s hated. For example, no other natural resource has been shunned during the past few years quite like natural gas. Prices have rebounded sharply since April, but that’s nothing compared with where prices were before.  Shares of high-quality producers have barely responded — but that type of disconnect is always resolved in time.  Most… Read More

Where are the best opportunities right now in natural resources?  The obvious answer is the companies that are digging the stuff out of the ground.  #-ad_banner-#But to find tomorrow’s next big winners, you also have to look at what’s hated. For example, no other natural resource has been shunned during the past few years quite like natural gas. Prices have rebounded sharply since April, but that’s nothing compared with where prices were before.  Shares of high-quality producers have barely responded — but that type of disconnect is always resolved in time.  Most industry execs say natural gas will need to hit at least $5 per thousand cubic feet (Mcf) before they start revamping their budgets and directing more drilling rigs and resources back into gas fields such as the Haynesville Shale.  So we’ve got a long way to go before the industry turns up the production faucet. But if gas reaches $5 per Mcf, then cash flows should explode for low-cost producers like Ultra Petroleum (NYSE: UPL). The company can turn a profit with gas as low as $2.88 per Mcf… Read More