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
I’ve been looking at stocks since I was in high school, back in the late 1970s. I eventually chose to turn my fascination with investments into a career. I figured stocks represented the single-best path to wealth creation, thanks to one simple statistic: If you hold an investment for an… Read More
I’m not sure I remember exactly how I felt in February, but like most investors I was interested in what the New Year would bring. I suppose there’s a certain amount of optimism that goes with that. The S&P 500 had just finished two pretty good years,… Read More
When the market falls out of bed, no stock is safe. Investors disregard any potential growth prospects and ignore all financial statements, indiscriminately dumping every kind of stock. This has surely been the case during the… Read More
Some of the most successful investors have developed very effective investing tricks that help them appear to magically master the market. In fact, these tricks beat the system so easily that it almost seems illegal. But they aren’t breaking the… Read More
When the developed world sneezes, emerging economies catch a cold. This fear explains why investors are quick to shed their emerging-market holdings when the U.S. and European indexes hit rough waters. But it may be time for a new set of rules for investors to follow. Many… Read More
Famous hedge-fund manager David Einhorn recently did something I find a bit curious. According to the recent third-quarter filing for his firm, Greenlight Capital Inc., he completely liquidated his position in a big-name company that, despite recent troubles, is still a superpower in its industry. Einhorn established… Read More
Picking good stocks is only the first part of the formula for successful investing. The second part involves watching your portfolio for signs of trouble and culling stocks that become too risky. Two weeks ago, I listed three metrics I use to identify risky stocks. I’m always… Read More
For many investors, the past decade has been utterly forgettable. After all, the Dow Jones Industrial Average is back where it stood at the end of 1999. The Nasdaq is actually 40% lower than where it stood in the spring of 2000. This lousy backdrop for stocks seems to have… Read More
Looking at the current state of the economy, it looks like we’re heading into another year of very low interest rates and insultingly low yields for most bonds and certificates of deposit (… Read More
It’s become one of my favorite stocks. I like to call it my “no-brainer” investment for 2012. I’ve even selected it as one of my “Top 10 Stocks for 2012.” The company is buying back billions of its stock. It has raised dividends at a torrid pace over… Read More