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 Ideas of the Week

David Sterman
July 9, 2010

Get ready for earnings season. Alcoa (NYSE: AA) kicks off the fun on Monday, followed by a big slate of blue chips. By the end of next week, we’ll have a clear tone in place for the remainder of earnings season. Read More

Friday Winners: Nanometrics, Scansource and Google

David Sterman
July 9, 2010

Among the biggest winners in Friday’s early trading are Nanometrics (Nasdaq: NANO), ScanSource (Nasdaq: SCSC) and Google (Nasdaq: GOOG). Top Percentage Gainers — Friday, July 9, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Gain 52-Week High 52-Week Low ScanSource (Nasdaq: SCSC) $26.45 +5.4% $32.40… Read More

A Little goes a Long Way for this Sector

David Sterman
July 8, 2010

Low-hanging fruit. That’s what most retailers have already picked in their quest to cut costs and boost margins. The economic downturn in 2008 was hugely beneficial for this group as they right-sized costs to offset dismal sales. Once sales ticked up just a bit from the bottom,… Read More

Thursday Losers: H&R Block, The Gap and Kohl’s

David Sterman
July 8, 2010

Among the biggest losers in Thursday’s early trading are H&R Block (NYSE: HRB), The Gap (NYSE: GPS) and Kohl’s (NYSE: KSS). Top Percentage Losers –Thursday, July 8, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low H&R Block (NYSE: HRB) $14.30 -7.7% $23.23 $13.58… Read More

This Could be the Comeback Stock of the Year

David Sterman
July 7, 2010

Borrowing billions of dollars to try to build a business from scratch is always a bad idea. Companies tend to under-estimate expenses and over-estimate revenues in order to sell stock and debt at attractive rates. When investors and lenders get wise, they tend to stop putting fresh money into the business, often when it is only half built. That was the ignominious fate suffered by Sirius Satellite Radio, which was forced to merge with rival XM Radio back in 2007. That effort simply combined two money-losing entities into one larger money losing entity known as Sirius XM… Read More

Borrowing billions of dollars to try to build a business from scratch is always a bad idea. Companies tend to under-estimate expenses and over-estimate revenues in order to sell stock and debt at attractive rates. When investors and lenders get wise, they tend to stop putting fresh money into the business, often when it is only half built. That was the ignominious fate suffered by Sirius Satellite Radio, which was forced to merge with rival XM Radio back in 2007. That effort simply combined two money-losing entities into one larger money losing entity known as Sirius XM Radio (Nasdaq: SIRI). As a quick refresher, Sirius generates the bulk of its new customers by offering limited free-trails to buyers of new cars. The company is also aggressively pursuing the used car market these days. According to the Department of Transportation, there were more than 250 million passenger vehicles on the road in the United States in 2007. Sirius estimates that 27 million of those vehicles have factory-installed satellite radios. About 11.6 million of those vehicles have active subscribers at the wheel, with 15.3 million that are active radios but are not enabled. Read More