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

Transitioning from a niche drug maker into a “Big Pharma player” can be fraught with challenges. As these companies seek to grow through the development or acquisition of new drugs, they need to keep an eye on their existing portfolios of products… Read More

Every investor dreams about buying a beaten-down stock and riding it to riches. These are the kind of investments that can fuel incredible returns and give your portfolio a serious boost. But even though it may sound like something best left to… Read More

When executives at Tivo (Nasdaq: TIVO), a recent addition to my $100,000 Real-Money Portfolio, decided to start hurling lawsuits at some of the country’s biggest cable and telecom companies a few years ago, many investors figured this industry’s “David” simply couldn’t prevail in court against the industry’s Goliaths. Well, with… Read More

The recent decision by Federal Reserve Chairman Ben Bernanke to artificially inflate the economy to the tune of $40 billion dollars a month has the markets screaming higher. The big talk on the Street is that most money managers and individual investors… Read More

Bad news can send stocks sharply lower, and that initial down move based on the news is often just the first step in a steeper decline. But unless the company is destined for bankruptcy, the stock will eventually stop falling and turn up. That’s the idea behind bottom fishing. There are some trading strategies that can be used to spot when the selling has gone too far and an upward bounce should be expected. But keep in mind that bottom fishing should… Read More

Bad news can send stocks sharply lower, and that initial down move based on the news is often just the first step in a steeper decline. But unless the company is destined for bankruptcy, the stock will eventually stop falling and turn up. That’s the idea behind bottom fishing. There are some trading strategies that can be used to spot when the selling has gone too far and an upward bounce should be expected. But keep in mind that bottom fishing should only be done in a bull market when stocks have a stronger tendency to rise.#-ad_banner-# The first step is to identify when the selling may have peaked. In a downtrend, it is very common to see the selling pressure accelerate. As prices fall, more and more traders want to sell and the result is a fast down move. When the selling stops, we often see prices bounce higher, and this is a good time to buy if we can find rules that define this pattern. To find… Read More

Chief Financial Officers (CFOs) at some of the nation’s biggest companies have a problem on their hands. They’re tasked with watching over billions, tens of billions or even hundreds of billions of dollars every day, making sure to find ways to deliver the best returns to shareholders while keeping enough aside for a rainy day. With interest rates sitting at multi-decade lows, these executives can’t afford to let the money just sit there. That’s why more of them are looking at share buybacks, dividends, acquisitions or higher levels of capital spending to take some of that cash off of the… Read More

Chief Financial Officers (CFOs) at some of the nation’s biggest companies have a problem on their hands. They’re tasked with watching over billions, tens of billions or even hundreds of billions of dollars every day, making sure to find ways to deliver the best returns to shareholders while keeping enough aside for a rainy day. With interest rates sitting at multi-decade lows, these executives can’t afford to let the money just sit there. That’s why more of them are looking at share buybacks, dividends, acquisitions or higher levels of capital spending to take some of that cash off of the sidelines and put it into action. This is good news for investors. Because the more cash a company deploys, the better the chances of bolstering the stock price. We took a look at the cash balances of leading corporations and were stunned to find how much some companies were sitting on. In some instances, these companies have such a large amount of cash that it equals or surpasses what some countries produce in terms of annual economic activity (GDP). Here are the top ten profitable companies sitting on stunning amounts of cash (we excluded traditional… Read More

For most men, two of the scariest words they’ll ever hear are “I do.”  Without a doubt, marriage is one of the most difficult decisions a person can face. But for men in particular, the mere thought of uttering these words prompts painful visions of a future filled with deep… Read More