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
The entertainment industry continues to churn. Cable companies have been losing clients at a steady clip, Netflix (Nasdaq: NFLX) has seen its subscriber base grow erratically, and attendance at movie theaters has been weak for several years, as this article notes.#-ad_banner-# Investors trying to identify winners and… Read More
Bubbles never end with skepticism. Think about housing in 2006. Everyone in the world wanted to buy real estate because never went down. Until it did. And how about the Nasdaq in early 2000,… Read More
The worst drought in more than 50 years has slammed the U.S. agricultural industry this summer. About 46% of the lower 48 states are in severe drought conditions, according to the latest U.S. Drought Monitor Map. The situation has become so bad, that the U.S. Department of… Read More
August of 2012 has a clear theme for investors. Many of us are using the phrase “hated rally” because we’re watching a market move that makes little sense in the context of major headwinds still in place. I discussed these headwinds a few weeks… Read More
One of the stock market‘s biggest players has made three bets that should grab the attention of investors everywhere. Not only because of the amount, a whopping $3.4 billion altogether, but because this guru is so influential that his presence as a shareholder can… Read More
It’s the biggest thing to happen to the oil industry since the 20th century Texas oil boom. Thanks to new technology like horizontal drilling and hydraulic fracturing — better known as “fracking,” America has unlocked waves of oil and gas reserves that were previously thought unprocurable.#-ad_banner-# But… Read More
Frontier markets — the term is getting a lot of coverage these days. Last May, I wrote an article for Street Authority imploring readers to get invested in the next Brazil, Russia, India and China. I still feel strongly that the opportunity is great and the time is right to… Read More
After the financial implosion of 2008, a string of government bailouts and massive losses, many investors simply lost their appetite for the volatility and uncertainty of the financial sector. But before the group fell from grace, bank stocks were some of the most popular and powerful investments on… Read More
With all due respect to the brilliant research minds employed at Goldman Sachs, they may be on the wrong side of an important research call. Roughly a month ago, I noted that their bearish… Read More
Small-cap value stocks have consistently outperformed all other categories of stocks. That’s the message coming from the industry’s most respected academic and financial institutions. #-ad_banner-#Small-cap value stocks outperformed the general market by 4.3% annually from 1926-1997, according to Morningstar’s registered investment adviser subsidiary… Read More