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
Growth investing is still the name of the game if you want to score big gains. Investors in high-flying stocks like Chipotle Mexican Grill (NYSE: CMG), Salesforce.com (NYSE: CRM) and Priceline.com (Nasdaq: PCLN) have scored major gains in the last few years. Yet such high-flying stocks also bring real risk. Read More
It’s a country that rarely gets any mention by the mainstream investing press. Sure, you hear about India, China, Russia, and Brazil. And for good reason — those countries are growing at incredible rates, which has made many investors rich already… and… Read More
Back in the fall of 2010, I touted technology giant International Business Machines (NYSE: IBM) in the belief that its stock was poised to have a strong run. A key part of this bullishness was a bold prediction by its management team that it would double… Read More
A couple of weeks ago, several of the nation’s banks underwent a so-called “stress test” to determine whether they were healthy enough to survive a major economic contraction without requiring new capital. Some failed, but most passed. Yet, even before the dust has settled from the good… Read More
(Editor’s note: the stop-loss for this trade has been revised.) The global energy picture is changing so fast that it’s getting hard to keep up. In just the last five years, we’ve seen: • Crude oil briefly spike above $140 a barrel in… Read More
Whenever financial markets start to sell off, I can’t help but remember the scene from “Trading Places” (perhaps the greatest investment business movie of all time) when Eddie Murphy discusses pork-belly trading strategy with stodgy commodities brokers Ralph Belamy and Don Ameche. Murphy’s streetwise character — Billy Ray Valentine —… Read More
Despite what any financial academic or index fund advocate tells you, the market isn’t perfectly rational. If it were, then it would be impossible to identify a stock that is meaningfully undervalued. There would literally… Read More
Even in the middle of summer, the high temperature in Svalbard, Norway rarely climbs above 45 degrees Fahrenheit. At night, temperatures often dip below freezing. In the heart of winter, temperatures can dip to as low as -30 degrees Fahrenheit — at that temperature water freezes almost instantaneously. Read More
Another week, another rally? The market began the current trading week on a high note once again, and it seems as if this bull just can’t be stopped. The S&P 500 has moved higher in 13 out… Read More
As the market rises steadily higher, it’s getting harder to find true bargains. And though a wide range of good stocks still have reasonably-priced shares, any market pullback would send most stocks lower from their 52-week highs. … Read More