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
On Wednesday, June 6, at precisely 10:00 a.m. EDT, a major moment for the stock market may have been marked. That’s when shares of Facebook (Nasdaq: FB) fell to $25.52 before turning up. For folks that bought into… Read More
When it comes to investing, I like playing in the gutter. My goal is to locate stocks that have fallen into disregard and are downright hated by most investors, yet retain enough value to create strong odds of a rebound. This is value investing at its very core — low… Read More
I’d like to apologize right up front. This is an article that is heavy on numbers, focused on some mundane issues, and is really an academic exercise in how to analyze a turnaround. The good news: the company I am focusing on may be… Read More
To hear from Wall Street traders, the “machines are taking over the world.” These stock jockeys lament that computer-driven trading programs now account for 60%, 70% or even 80% of daily trading volume on the major markets,… Read More
When it comes to fast-food stocks, one is head-and-shoulders above the rest. Certainly, nobody can touch it in terms of revenue, which, at $27.4 billion a year, is more than twice that of the closest competitor. The company’s net profit margin of 20% is… Read More
A bad summer market could be better
for income investors... again Read More
Lost in all of the noise of a slumping, rebounding and slumping-again global economy is a remarkable success story. A wide range of U.S. manufacturers have been sharpening their game, and are now retaining or even taking… Read More
Most of the time, when the value of a company’s products or services increase, so does its share price. Take General Motors Inc. (NYSE: GM) for example. If the company were suddenly able to sell its cars for 5% more next week, 20% more in three months and possibly 35%… Read More
You can laugh at water utility stocks (and their presumed lack of potency) all you want. Just know that the people who have owned them since late April have been laughing too — all the way to the bank. #-ad_banner-#See, while the rest of the… Read More
For the third straight year, the stock market is slumping badly as we head into summer. It’s as if every rally eventually hits a wall and is knocked back to the ground. And every time it happens, investors become further convinced that owning stocks… Read More
