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
Living halfway around the world, it’s hard for most of us to really know what’s happening in China. But more and more, what happens in that country affects the global economy and stock markets — and eventually your portfolio. #-ad_banner-#We do… Read More
When it comes to investing, there’s an old saying: “No one rings a bell and tells you when it’s time to buy.” This is especially true in cases where a pretty strong rally has already been underway for quite some time. After all, who wants to buy a richly-valued stock… Read More
Among the biggest losers in Tuesday’s early trading are Perfect World (Nasdaq: PWRD) and Polypore International (NYSE: PPO). In the United States, video-game stocks have been trading at multi-year lows, in part due to a dearth of hot new gaming consoles that typically spur demand for new gaming titles. Read More
Among the biggest winners in Tuesday’s early trading are Molycorp (NYSE: MCP), Movado (NYSE: MOV), and PVH Corp. (NYSE: PVH). Shares of rare earth-mining firm Molycorp have finally landed on Terra Firma, rallying more than 7% this morning. That’s cold comfort to… Read More
It’s an idea that the richest and most powerful people in the business world almost never say out loud. But takeover king Wilbur Ross knows it. So does Herb Allen, the most exclusive banker in the world. And you can bet your boots that billionaire Warren Buffett knows what I’m… Read More
Circle your calendar for Sept. 13. That afternoon, Federal Reserve Chairman Ben Bernanke will decide whether the economy (and by extension the stock market) will need a major boost with another round of monetary easing measures. If he… Read More
I keep track of indicators that often signal warnings before market crashes. In reviewing the current market, there are a number of sectors that seem to be in danger of a collapse. But most worrisome is that two sectors that are considered… Read More
The financial world is full of acronyms. Almost everything from the New York Stock Exchange (NYSE) to select equity indexed notes (SEQUINS), have been reduced to a simple acronym. Not only does this make long phrases friendlier and easier to use in everyday… Read More
Take your mind to 2003. The United States has just sent troops into Iraq, Alex Rodriguez has just swatted 47 home runs for the Texas Rangers and “Hey Ya” by Outkast was just hitting the airwaves.#-ad_banner-# If you were at a dinner party then and predicted Apple… Read More
I am a value investor through and through, so it is extremely rare that a stock trading at 52 times next year’s expected earnings would grab my attention. The company would have to be seeing extraordinary growth and be a… Read More