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
As the U.S. government builds higher deficits, many investors have sought the safe haven of precious metals – especially gold. Rising government debt loads can trigger inflation and gold bugs see the yellow metal as a safe haven. Silver has often been seen as… Read More
The beer market is very mature in developed markets as has been around for hundreds of years. Case in point: Molson has been in operation since 1786 while Coors was founded in 1873. Legend has it that beer is as old as civilization itself, dating back thousands of years and… Read More
Back in August 2009, Walt Disney Co. (NYSE: DIS) unveiled plans to acquire Marvel Entertainment (NYSE: MVL) in a $4 billion cash/stock transaction. The deal valued Marvel at approximately $50 per share, a +30% premium to the $38.65 it fetched before the deal was announced. Marvel shareholders… Read More
Mid-Month Update — April 2010 To supplement my monthly Daily Paycheck newsletter, I publish a regular “Mid-Month Update” near the middle of every month. I use this mailing as a way to keep you abreast of recent events surrounding my Paycheck Portfolio. To ensure uninterrupted delivery… Read More
For many years, there were two camps in the video game world: Electronic Arts (Nasdaq: ERTS), and everyone else. The company’s annual sales grew so large that they equaled the revenue base of the next three public players — combined. But corporate bloat set in, and Electronic… Read More
For the past two weeks, I’ve been informing my Mastering the Markets subscribers that a market correction is likely. Could that correction have started last Friday? Quite possibly. (Much more on this topic in my latest issue, so I hope you’ve signed up for that premium service.) However, I am… Read More
Bill Gross — perhaps the most famous and successful bond investor in history — had a recent quote that made me chuckle. Talking to The New York Times about interest rates, Gross said, “Americans have assumed the roller coaster goes one… Read More
The Securities and Exchange Commission shocked Wall Street today with its accusation, duly filed in Federal District Court in Manhattan, that Goldman Sachs (NYSE: GS) engaged in fraud during the subprime debacle. Shares have taken a dive, losing… Read More
Back in 1973, Warren Buffett began accumulating shares in The Washington Post Co. (NYSE: WPO), which at the time consisted of the prestigious namesake newspaper publication as well as a number of television broadcasting and cable television systems. More than three and a half… Read More
Income investors looking to cash in on rising oil and natural gas prices may be hard pressed to find traditional companies that pay a hefty yield. Exxon (NYSE: XOM), for example, yields 2.4% and Chesapeake Energy (NYSE: CHK), the largest producer of natural… Read More
