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 last weekend of February was a tough one for me. I came across a news item that led me to think I made a big mistake. About a month ago, I recommended Citigroup (NYSE: C) as a pick in my $100,000 Real-Money Portfolio. Read More
If you’ve followed my past articles, then you already know that I invest exclusively in the world’s greatest businesses — the kind that dominate their markets and typically go out of their way to reward their shareholders via dividends and share buybacks. In fact, as you’ll see… Read More
Will 2012 bring another year of “stay-cations?” Not if Priceline.com (Nasdaq: PCLN) is any indication. The purveyor of airline and hotel discounts recently reported a 35% jump in fourth-quarter sales, to $991 million (compared with a year earlier). And that was in a seasonally-weak quarter. Sales may hit $1.4 billion… Read More
A quick review of the stocks contained in my $100,000 Real-Money Portfolio may give the impression that I’m a big fan of turnaround plays. That’s actually not the case. Companies like Ford (NYSE: F) are doing very well, and simply… Read More
It’s pretty safe to say hedge-fund manager Edward “Eddie” Lampert has gotten far more headaches than he bargained for in 2005 when he bought a major stake in what has since become Sears Holdings (Nasdaq: SHLD). Back then, he promised a more profitable company and more growth. Read More
It’s no secret that home builders are in a funk. They’ve built just 500,000 to 600,000 new homes in each of the past three years, which happens to be the three lowest years on record (the data go back to 1959). And it’s just half the average rate seen during… Read More
I’ve received quite a few emails recently from my Scarcity & Real Wealth subscribers regarding hydraulic fracturing, or fracking. It’s clear that many of them have been reading up on the subject. And they should. Because even with stricter regulatory burdens on the horizon, this could well… Read More
Once this new company hits the Street, it will lead the way in online small-sum lending. Here's what investors need to know. Read More
Walking through the halls of Netflix’s (Nasdaq: NFLX) headquarters in Los Gatos, Calif., during the holidays must have been a gloomy affair. Legions of employees that receive some of their compensation in company stock saw their holdings plunge in value as the video service company saw its… Read More
Although energy stocks have been hot as a group — already jumping nearly 13% so far in 2012 — individual performance is all over the board, ranging from double-digit gains to double-digit losses. And just because a stock is up a lot doesn’t mean it’s worth getting excited… Read More
