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
Forget what you may have heard: The United States has not lost its way as an industrial power. Although many have lamented the country’s multidecade shrinkage in the manufacturing sector, the most important pockets of product design and development are still taking place right here in the U.S. Read More
We live in a yield-obsessed era. Whether it’s dividend yields, junk bond yields or lowly government bond yields, investors seek yields in every corner of the… Read More
Imagine an industry that’s suffered cumulative losses of more than $50 billion from 1979 through September 2012. Not to mention, the sector’s index has posted a -1.2% annual return during the past 20 years through 2012, compared with the S&P 500’s… Read More
Would you pay $2.10 for a gallon of gas? I know I would. According to AAA, the nationwide average for a gallon of gasoline is $3.59… Diesel is even more expensive at $3.91. Yet despite high fuel costs across the country, a select group of drivers are paying only $2.10… Read More
“Apple computers? Aren’t those for artists and graphic-design nerds?” I asked the salesman demonstrating an early version of the Apple Macintosh desktop computer in the early 1990s. “I need a real computer, not something to paint pretty pictures on and design flowers with.” “You… Read More
Thanks to subpar winter rain and snow in the Northern California mountains, the Southwest appears to be headed for another summer of water rationing — something nearby Texas is already familiar with. And water shortages abound elsewhere. #-ad_banner-#Across the globe, the Chinese government is building a massive pipeline to ship… Read More
Nothing good lasts forever, including the amazing bull market that investors have enjoyed this year. Fueled by ultra-low interest rates, solid corporate earnings and a Federal Reserve that says it… Read More
After the release of the monthly employment report, the stock market offered hope to the bears — and then the bulls — that the trend was in their favor. At the end of the day, it looks… Read More
Last year, my individual stocks returned just over 33%. Compare that to the S&P 500’s returns of 16% — including dividends. (For better or worse, beating the S&P 500 seems to be the goal of… Read More
They say there is safety in numbers. That may be true heading into battle, but it’s not necessarily true in the investment world. Whether it’s tulips, dot-com stocks or houses, popularity can push the short-term price of assets… Read More
