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
More than a decade removed from the dot-com era, investors are once again reverting to bad habits. They’re chasing seemingly sexy hot IPOs (initial public offerings) as they rise ever-higher and are often the last ones left holding the bag when reality eventually sets in and these stocks steadily fall. Read More
There is one huge risk when it comes to owning shares of high-growth companies. No one really knows how far or how close the company is to market saturation, so investors (and… Read More
Last year was a record year for spin-offs, with deals worth an estimated $116 billion completed. There are even more expected in 2012. Spin-offs occur when companies want to shed units that are performing poorly, undervalued or unrelated to the main business. Instead of selling to a… Read More
Prepare for Summer's Potential Yield Bargains... Read More
Today, I’m going to do something different… As the chief-investment strategist behind Game-Changing Stocks, I normally spend hours poring over a multitude of newspapers and financial journals to bring my readers the market‘s next groundbreaking trend. While… Read More
And so the game continues. Heading into every quarter, analysts tend to tamp down their earnings forecasts, helping many companies to exceed the newly-lowered estimates modestly. During the past few years, this has enabled roughly 55% to 60% of companies beat the consensus estimates… Read More
“Safe” and “mid-cap” probably aren’t words investors use together very often, since mid-cap stocks are generally riskier than the stock market as a whole. For instance, if you invested in iShares S&P MidCap 400 Index (NYSE:… Read More
The best opportunities arise when there is a “divergence from the consensus.” This phrase often refers to analysts’ profit forecasts, and the wide range of estimates spells opportunity if you know on which side of the fence to land. Yet there… Read More
As investors have become more and more sophisticated, the price-to-earnings (P/E) ratio has begun to be viewed as a less-sophisticated, overly-simplistic tool. But sometimes, there’s power in simplicity. The fact of the matter is, the P/E ratio is still the ultimate “… Read More
Just as a rising tide can lift all boats, a falling tide can also sink them. As I’ve been writing for the past few months, investors should be thinking about opportunities for profit-taking after the market made a virtually uninterrupted upward… Read More
