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
Whenever you find a stock with a 15% dividend yield, remember the adage: “It’s too good to be true.” This kind of ultra-high yield invariably means that most investors anticipate a major cut in the… Read More
In the value investing Hall of Fame, financial expert Mario Gabelli should earn top honors. Gabelli leads GAMCO, a $36 billion global investment firm that has generated 16% annual returns for investors since the firm’s inception in 1977. Gabelli uses a bottom-up, value-driven approach to identify stocks… Read More
It’s the oldest continual holding within my portfolios for my premium High-Yield Investing advisory. I added the stock back in September 2005… nearly seven years ago. During this time, I’ve earned $17.71 per unit in dividends. Meanwhile, the share price has more than doubled. As of now,… Read More
Let’s get the bad news out of the way. Dividend-paying stocks have risen just 2.3% in value on average since 2001, according to Wells Fargo. But if you add in the value of the dividend payments, then you’re looking at a healthier 26% return. That’s about 6% higher than the… Read More
Last week, coffee icon Starbucks (Nasdaq: SBUX) announced it would begin selling its own single-serve, at-home coffee maker. The device runs hot water through small, disposable containers of flavored coffee grounds to produce one cup of the drink, after which the container is discarded. If this rings… Read More
Warren Buffett is undoubtedly one of the most prolific investors in stock market history… and for good reason. During the first decade of the new millennium (2000-2010), Buffet’s Berkshire Hathaway (NYSE: BRK-A) returned a blistering 76%. By comparison, the… Read More
In the few months since I’ve launched my $100,000 Real-Money Portfolio, the market has continued to surge upward. The gains have been especially pronounced for some of the riskiest and most of unloved stocks of 2011 that have partially been the beneficiary of recent short-covering. That’s… Read More
You have to hand it to cable companies. For years, they continually boosted prices and still managed to retain customers. Only recently has their customer base begun to shrink modestly. But thanks to several recent developments, the pace of customer defections looks set to accelerate. This implies that sales and… Read More
Last year was a disastrous year for global financial stocks. This year could be different. In the European Union (E.U.), banks underperformed every other industry group last year, due to concerns about their loans to troubled European countries such as Portugal, Italy, Ireland, Greece… Read More
Many investors have had the agonizing experience of hanging on to a stock and refusing to let go long after it became clear the stock was no longer a keeper. If that’s you, then you know what I’m talking about — the seemingly endless watching, waiting and hoping against all… Read More
