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
For nearly two years, economists have warned that China’s economy may soon be hit with a jolt — a jolt that will be felt round the world. Although their concerns have proven unfounded so far, the day of reckoning may finally be at hand. Why now?… Read More
Over the decades, companies have sought to find the right amount of debt to carry on their balance sheet. Just enough debt is a good thing — it can boost earnings per share (since fewer shares… Read More
There is one thing is on every investor’s mind right now: safety. As of last week, fears of a global economic slowdown erased close to $3 trillion in market value from U.S. stocks since July 22. #-ad_banner-#And the… Read More
Every two weeks, investors have a chance to parse the level of short interest among all stocks on the major exchanges. It’s helpful to glance at these lists, which can be found on The Wall Street Journal’s website, Nasdaq.com and elsewhere to see which companies are increasingly in the targets… Read More
Back in early October of last year, I said individual investors would be well-served to follow the trading activity of shareholder activist and hedge-fund titan Carl Icahn. Icahn’s success as an investor has pushed his net worth to an estimated $12.5 billion and to… Read More
Benjamin Graham and David Dodd, widely considered to be the fathers of modern investing philosophy, had a deep affinity for value stocks. They taught disciples such as Warren Buffett to assess companies in the most pessimistic possible scenarios. This makes sense. These men wrote their famous book, Security Analysis, in… Read More
The stock market is a lot like high school. You have the super popular group (tech stocks, social media IPOs, commodity stocks) that runs the place for the time being. Then you have groups in the middle who really don’t make any waves (like a Wells Fargo (NYSE:… Read More
Meredith Whitney became a household name last winter. The banking analyst, who was formerly known only by the Wall Street crowd, caught the attention of Main Street when she predicted that many state and local governments would start defaulting on their municipal bonds as… Read More
One of the biggest energy discoveries of the decade has been made in our own back yard. It’s not really a new discovery at all. In fact, we’ve known about the potential for years. It’s just that, until now, no one’s been able to do anything about… Read More
Bruce Berkowitz is ready for a long Labor Day respite. The founder of Fairholme Capital, who was named as Morningstar’s “Fund Manager of the Decade” for his audacious and well-timed investments, made a major gaffe this summer. He loaded up on financial stocks in the first… Read More
