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
Among the biggest losers in Friday’s early trading are Zumiez (Nasdaq: ZUMZ) and Facebook (NYSE: FB). The retail sector can be a fertile area of growth for companies that strike a hot new image or manage to capture a burgeoning new niche. Sales can grow at a rapid pace,… Read More
Among the biggest winners in Friday’s early trading are SAIC Inc. (Nasdaq: SAIC), Splunk (Nasdaq: SPLK) and Omnivision (Nasdaq: OVTI). Breaking up is easy to do For the past few decades a number of academic studies found that building a far-flung empire of companies is a bad idea… Read More
If the thought of having a portion of your portfolio in foreign stocks makes your stomach turn, then you’re not alone. Conversations I’ve had with people in the industry confirm what I had expected because of the drawn-out euro crisis: Foreign stocks are extremely unpopular and many investors want nothing… Read More
The venerable TV investigative journalism program “60 Minutes” recently blew the lid off a story we’ve been tracking for months. And you absolutely won’t believe it when you hear about it. Congress was trading on insider information — and it was 100% legal. Read More
Former Federal Reserve Chairman Alan Greenspan may be most remembered for the phrase “irrational exuberance.” In December 2006, he asked if stock prices were too high, saying, “But how do we know when irrational exuberance… Read More
The banking sector has remained out of the news as overall market volatility dropped, falling to five-year lows in late-mid-August. The decrease in fear is not only very bullish, but also makes a stock… Read More
Economists don’t know if inflation will increase or not, and I certainly don’t pretend to know. But like many traders, I am worried about what would happen if inflation picks up. Some traders turn to gold as an inflation… Read More
Would you pay $2.14 for a gallon of gas? I know I would. According to AAA, the nationwide average for a gallon of gasoline is $3.80… Diesel is even more expensive at $4.06. Yet despite high fuel costs across the country, a select group… Read More
To build wealth in the stock market, it takes time, study, and a little bit of good fortune. It pays to find a tactic or strategy that has been proven to work time and again. Combining two or more successful… Read More
Among the biggest winners in Thursday’s early trading are Pandora Media (NYSE: P) and Zale Corp. (NYSE: ZLC). The initial public offering (IPO) of Pandora Media, a provider of online music streaming services, had all the makings of a dud. Though its… Read More
