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
Investors have been trained to keep one eye on the economy, even as they assess the prospects for their various stock, bond and fund investments. Yet it’s what they track that is crucial. Some economic… Read More
Carl Icahn is among the 25 richest people in the United States, with a net worth estimated to exceed $13 billion. He accumulated his wealth by being an activist investor, acquiring stakes in companies that were performing poorly, then pushing for organizational and administrative… Read More
I first uncovered this asset class years ago, when I started my High-Yield Investing advisory in 2004. In October of that year, I added one of these securities to my portfolio at $41.33. I sold it for $64.51 about two years later. Along with… Read More
Earnings season can be a white-knuckle affair. You wait on pins and needles to see if your stocks deliver solid results and a robust forward outlook. So when results roll in and they are disappointing on most counts, it’s quite tempting to just… Read More
In the late 1990s, I was on the Board of Trustees for a nonprofit educational organization. The board’s primary responsibility was to oversee the investment of the organization’s trust funds, worth roughly $5 million. One of the trust funds was used to grant college scholarships. So it… Read More
It appears as if we’ve finally shaken the ghost of the dot-com bubble. The Nasdaq Index has been moving up sharply during the past few years and now trades at levels seen back in 2000, and a few recent dot-com IPOs are now… Read More
If you think the main impediment to solid long-term investment returns is lousy stock picking, then think again. Yes, there are many factors that can hinder investment returns — missing out on fast-growing IPOs, having an advisor who steers you wrong, high fund expenses or taxes, an uncertain… Read More
“I’m on the prowl.” Those four words were tucked in to Warren Buffett’s just-released 2011 annual letter to shareholders. And the mad dash begins to figure out what company may be in his sights. Such an exercise… Read More
Let’s face it: natural gas prices are low. Very low. Despite the recent three-week rally in futures, prices remain in the gutter. The recent rally in futures prices came on the heels of reports that domestic supplies… Read More
Beware the “sideways chart.” When a specific stock or the entire market stops rising in value and their charts “move sideways,” then there is often something else afoot. The change from a rising market to a flattening market signals that… Read More
