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
After surging for nearly two years, the stock market appears to have reached a plateau. Every time the S&P 500 makes a move to surpass its two-year high of 1,370, it falters anew. Whether it can finally breach that mark and move up another 20% or 30% will be decided… Read More
When one thinks of legendary investors, Peter Lynch stands out as arguably the most successful mutual-fund manager of all time. His track record as manager of Fidelity’s Magellan (Nasdaq: FMAGX) fund is extraordinary. Lynch took control of the Magellan fund in 1977 and grew it into the world’s largest… Read More
When it comes to biotech stocks, some investors like to swing for the fences. When that plan works, it feels great. Shareholders of Dendreon (Nasdaq: DNDN), for example, saw their investment rise from $3 in March 2009 to more than $20 in just two months. The stock has doubled again… Read More
In 1999, James Glassman and Kevin Hassett grabbed headlines with their book Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market. Their timing was impeccably bad. The Dow Jones Industrial Average peaked later that year at 11,900 and didn’t see the same levels again… Read More
Experienced income investors know one of the surest ways to build wealth is to buy stocks that regularly increase dividends. This is because dividend growth can turn even low-yielding stocks into big income producers over time. For example, consider the… Read More
In the last few years, we’ve seen the demise of such retailers as Bombay, Linen & Things and Circuit City. These firms were ill-equipped to handle the duel pressures of a slowing economy and the rising pressure of Amazon.com (Nasdaq: AMZN), Wal-Mart (NYSE: WMT) and other retailers. And… Read More
I’m not an alarmist by nature, but there’s no denying we’re in a food crisis. How else would you explain angry demonstrations in Mexico protesting exorbitant corn tortilla prices or the fact that Pakistan called in the military to guard flour mills? The recent… Read More
It’s never prudent to cause undue alarm. This is why European policy makers continue to speak of tactics and strategies to help Greece avoid any economic meltdown that would lead to bond defaults and a departure from the euro. To speak publicly of these… Read More
Do you remember the old commercials for brokerage firm E.F. Hutton back in the 1970s and early 1980s? They always ended with the announcer saying, “When E.F. Hutton talks, people listen.” In every advertisement, a pair of affluent-looking friends or co-workers would be discussing investments in some… Read More
Imagine a restaurant that is so unclean, health inspectors wouldn’t allow it to reside in the same shopping center as other eateries. Well, this is just what investors have found when searching for stocks listed in the “Pink Sheets.” These stocks aren’t allowed anywhere… Read More
