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
The best opportunities arise when there is a “divergence from the consensus.” This phrase often refers to analysts’ profit forecasts, and the wide range of estimates spells opportunity if you know on which side of the fence to land. Yet there… Read More
As investors have become more and more sophisticated, the price-to-earnings (P/E) ratio has begun to be viewed as a less-sophisticated, overly-simplistic tool. But sometimes, there’s power in simplicity. The fact of the matter is, the P/E ratio is still the ultimate “… Read More
Just as a rising tide can lift all boats, a falling tide can also sink them. As I’ve been writing for the past few months, investors should be thinking about opportunities for profit-taking after the market made a virtually uninterrupted upward… Read More
The market is on the move. An April 2 article in The Wall Street Journal noted that “the eurozone has stepped back from the brink of collapse, the U.S. economy is showing continued signs of life,… Read More
They’ve become wildly popular. Their assets grew more than 30% a year during the past decade. For comparison, mutual funds saw their assets rise just 5-6% per year, according to McKinsey & Co. And there are no… Read More
In most instances, it pays to focus your investment research on companies that are delivering great results. Rising profits, thanks to market share gains, hot new products, international expansion and other factors often lead to a surging valuation for a company. Yet for some types of… Read More
Ask investment buffs why they spend so much more time researching and picking securities than most people, and they’ll probably tell you they want the best performance possible from their portfolios. They certainly don’t want to track the S&P 500, and they may not even be satisfied to beat it… Read More
Here’s an old Wall Street saying that investors should “Sell in May and go away.” While there’s no identifiable rationale to explain why that should be good advice, there is an element of empirical truth. A study by Plexus Asset management shows that… Read More
If you’re like a lot of investors, then you might be getting prepped to “sell in May and go away,” shedding stocks in anticipation of the historical market-wide weakness that kicks in during the middle of the year. And the math supports this assumption. Every month from May through September… Read More
Earlier this week, I looked at a range of commodity stocks that look quite attractive in relation to the value of their assets. I focused on Freeport McMoran (NYSE: FCX) as a clear example of a stock that looks quite appealing… Read More
