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
Lost in all of the noise of a slumping, rebounding and slumping-again global economy is a remarkable success story. A wide range of U.S. manufacturers have been sharpening their game, and are now retaining or even taking… Read More
Most of the time, when the value of a company’s products or services increase, so does its share price. Take General Motors Inc. (NYSE: GM) for example. If the company were suddenly able to sell its cars for 5% more next week, 20% more in three months and possibly 35%… Read More
You can laugh at water utility stocks (and their presumed lack of potency) all you want. Just know that the people who have owned them since late April have been laughing too — all the way to the bank. #-ad_banner-#See, while the rest of the… Read More
For the third straight year, the stock market is slumping badly as we head into summer. It’s as if every rally eventually hits a wall and is knocked back to the ground. And every time it happens, investors become further convinced that owning stocks… Read More
On Tuesday, my colleague David Sterman proclaimed the end of the bond rally. In effect, his main point is that while bonds have been a source of safety recently (while also performing very well), there’s just not that much upside left… Read More
Whenever I hear the term “buggy whip,” I think of Homer Simpson’s boss, Charles Montgomery Burns, the billionaire character in “The Simpsons” whose quirks lampoon the attitudes of the robber baron class of America’s Gilded Age. One of my favorite bits in the cartoon is when some of Mr. Burns’… Read More
Whenever you see the markets slump badly, you need to look at the other side of the coin. You should ask yourself, “What investments can actually prosper from a darkening economic outlook?” Well, we know that bonds rally sharply. For example, the iShares Barclays… Read More
Your portfolio isn’t the only one that’s taking a beating right now… U.S. equities across the board have sold-off in the past month. The S&P 500 fell 9% in May alone. This kind of volatility makes it hard for income investors to navigate the… Read More
The grand sum of $1.4 trillion is a remarkably large number, no matter how you slice it. It’s so large that it can single-handedly impact the direction of the stock market. And thanks to recent events, it is a number you should be thinking… Read More
I’ve found a situation that would make any business owner salivate… Trust me, it doesn’t happen often. Cutthroat competition and other factors usually prevent it. But when an opportunity like this arises, companies (and their stockholders) can rake in extraordinary gains while it lasts. Read More