For the firms operating the nation’s leading mutual funds, times are tough and getting tougher. If you have money parked in their key funds, then be prepared to be dragged along for the ride. Net results are weak and could get even weaker, making this a bad time to commit… Read More
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
Get a Better Deal than Buffett with This Stock
At Berkshire Hathaway’s (NYSE: BRK-B) annual meeting on April 30, Warren Buffett admitted to a lack of initial knowledge about the oil additive business shortly before agreeing to acquire Lubrizol Corp. (NYSE: LZ). But as a quick study on companies and one of the most astute investors of all time,… Read More
We’re less than a week away from a key milestone. The first half of 2011 will come to a close and investors will look ahead for what the second half of the year has in store. #-ad_banner-#The S&P 500 began the year at 1,260, rose roughly 110 points (or 9%) by early May and has since given back much of the gains. Looked at another way, the S&P 500 has risen roughly 3% this year, which is good for a 6% annualized gain. This is not especially impressive — but it could have been worse. With all… Read More
We’re less than a week away from a key milestone. The first half of 2011 will come to a close and investors will look ahead for what the second half of the year has in store. #-ad_banner-#The S&P 500 began the year at 1,260, rose roughly 110 points (or 9%) by early May and has since given back much of the gains. Looked at another way, the S&P 500 has risen roughly 3% this year, which is good for a 6% annualized gain. This is not especially impressive — but it could have been worse. With all the global headwinds in place, investors could just as easily have been looking at major losses in the first half of 2011. One thing’s for sure: the past will not be prologue. More than likely, the market is going to finally respond to some of the looming crises and turn down [“5 Economic Crises that Could Derail Your Portfolio”]. Or these issues may recede in importance, kicking off the next leg of a powerful bull market that began in March 2009 and lasted for more than two years. [“5 Reasons… Read More
If you are a value investor looking to boost your portfolio returns, then you could try following the stock-picking strategy of billionaire fund manager Carl Icahn. The legendary investor has amassed a fortune by identifying undervalued companies, taking big positions in the stock, and… Read More
#-ad_banner-#For many investors, May 4, 2011 marked a key turning point for stocks. On that day, the Dow Jones Industrial Average plunged more than 100 points. This also happened on four different occasions in that same month. Most stocks have been unable to withstand such blows and have been trending… Read More
The Investment I’m Buying BEFORE June 30
I think we’re near a tipping point. The day to watch is June 30. Months, even years later, we might all look back upon that day as when things started to change. #-ad_banner-#If you’ve followed the news lately, you already know what happens on… Read More
2 Great Stocks for an Imminent Tech Explosion
The best way to make money investing is to know something’s going to pay off before it actually does. But that’s impossible, no one can predict the future, right? Not per se, but occasionally there are early signs, right there for all of us to see, that… Read More
“China’s Facebook” is Finally a Bargain
Preparing a company for its public debut on the stock market is a long and arduous process. The numbers need to be checked and checked again, dozens of meetings with potential investors need to be arranged, and a virtual mountain of paperwork needs to be reviewed by regulators. So when… Read More
Companies are sitting on record amounts of cash. Default rates on corporate bonds — even for companies with questionable credit that pay high yields — are plummeting. So why did I just tell my High-Yield Investing subscribers to watch out? #-ad_banner-#There’s a danger lurking… Read More
With the market posting weaker results in recent weeks, an increasing number of stocks are sinking further and further away from their 52-week highs. Finding which stocks deserve to be sold off and which are just victims of a tough market can be a challenge. That’s why it pays to… Read More