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 are always on the prowl for stocks that would conceivably appeal to Berkshire Hathaway’s (NYSE: BRK-A) (NYSE: BRK-B) Warren Buffett. He likes established businesses that throw off ample cash flow and have a strong moat to keep competition at bay. We can speculate… Read More
On Monday, Aug. 8, the S&P 500 took an 80-point dive. That was a buying opportunity. Now, I don’t mean it was a buying opportunity in the traditional “stocks rise in the long term” idea, meaning you should buy on any dip. #-ad_banner-#Truth… Read More
The late, great alternative journalist Hunter S. Thompson once wrote “… when the going gets weird, the weird turn pro.” Thompson would’ve loved the current market conditions. From a once-unthinkable downgrade of U.S. Treasury bonds and the ensuing global turmoil created by the… Read More
When Green Mountain Coffee Roasters (Nasdaq: GMCR) started selling its single-cup coffee brewing systems (known as the Keurig) five years ago, few expected the company to single-handedly revolutionize the coffee industry. These days, former rivals are looking to partner with the company to help get a piece… Read More
Investors are well aware of many of the reasons for having gold as part of their portfolio. Lately, these reasons have swirled around macroeconomic concerns — the U.S. debt rating downgrade, possible sovereign defaults in the eurozone and the possibility of more money printing… Read More
Here's why a recent announcement from the Fed is wonderful news for income investors... Read More
Opportunities like this are rare. They only present themselves when investors are scared, and right now they seem terrified. Let me explain… The recent market turmoil has investors ducking for cover — even seasoned pros have been a bit stunned by the violent pullback. Read More
This market has been painful for many investors. Shares of many large and mid-cap stocks are off 20% to 30% in just the past month or two. And the lower down the food chain you go, the… Read More
In the Chairman’s letter written to the shareholders of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) in 1995, Warren Buffett explained why retailing can be a tough business. He likened it to a “shooting-star phenomenon,” where not taking care of day-to-day details can lead to failure. He also explained that consumers… Read More
Even as the market surged ever higher in 2009, 2010 and early 2011, an unpleasant development occurred. One of the world’s most appealing economies saw its stock market zoom ahead so quickly, that it became hard to justify putting any new investment dollars into it. But thanks to the recent… Read More