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
When it comes to stock-picking, it’s not always about finding the best company in an industry. It’s about finding the best stock in that industry. I was reminded of that axiom after poring over first-quarter results from Wells Fargo (NYSE: WFC), JP Morgan (NYSE: JPM) and Citigroup… Read More
You probably haven’t heard this story — it’s been overshadowed by the media’s ubiquitous coverage of the Supreme Court health care case. But while every back was turned, the Environmental Protection Agency (EPA) quietly released new regulations that could cripple, or possibly even kill, many U.S. coal… Read More
In 1967, when europium was integrated into TV sets to produce the color red, it was nothing short of a game-changer. And not simply because we were finally able to watch TV in color — today, its cousins are used in a variety of applications such as smartphones, flat-screen displays,… Read More
People often ask me about my most profitable investment. It was an investment I made in October 1999. Today, it pays me a yield equivalent to 26%, and it has forever changed how I look for income opportunities. Read More
It’s always intriguing to look at the list of the most heavily-shorted stocks. Many investors like to see which companies are expected to tumble by various short-interest gauges. Owning these stocks long-term can give pause, and perhaps a reason to sell if short sellers’ arguments appear to be on the… Read More
The world economy may be struggling to recover from the depths of the Great Recession, but there are still pockets of the market that are seeing explosive growth. Demand for electronic… Read More
#-ad_banner-#Thanks to Lehman Bros., Bernie Madoff, Ivan Boesky, Dennis Kozlowski, Henry Blodget and many others, most investors have had enough. They simply don’t trust Wall Street and are convinced that the investing business is rigged for the benefit of those who know how to… Read More
I like to consider myself a contrarian investor. Zigging when others are zagging is usually the surest way to find underpriced stocks and avoid overheated ones that are due for a pullback. But this time, the crowd just might be right. Read More
In the 1994 investment classic The Warren Buffett Way, author Robert Hagstrom delves into great detail on the stocks that catapulted Buffett’s fortune into what it is today. In the chapter describing Berkshire Hathaway’s primary holdings, he quotes Buffett as saying “I find that a long-term familiarity with a company… Read More
With all the changes to the United States’ energy landscape recently, it’s easy to overlook one of the country’s most important petroleum-producing regions: the Gulf of Mexico. For energy investors, drilling in the Gulf is hardly a new story. U.S. oil companies have been… Read More
