Ever since the stock market began plunging in late July, a wide range of companies that had intended to conduct an Initial Public Offering (IPO) changed their mind. S-1 registrations that were on file with the Securities &… Read More
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
Buy This “Forever” Stock Now — Before it’s Too Late
Despite the ongoing debt crisis in Europe, and the insane market volatility that comes with it, I’m going to go out on a limb and say the economy has turned a corner. In the long run, I… Read More
This Stock Could Be the Dow’s Biggest Gainer in 2012
Focusing on “turnaround” stocks was a favorite angle for investors in the 1990s. Many companies had been run poorly, but new management could easily unlock value by focusing on a deep restructuring. The key was to find businesses that still possessed sizable… Read More
When a company breaks itself apart, investors get a number of unique opportunities to profit. First, there’s an initial financial information vacuum, since it takes time for the new, independent businesses to report results on their own. Second, spinoffs can result in better-run businesses… Read More
The ONE Place in America Where Jobs are Plentiful
If you haven’t heard about the “North Dakota phenomenon” yet, you will soon. The state is quickly becoming known as a modern-day version of California during the gold rush. People are flocking to the state, seeking their fortune (or at least a decent-paying job), and formerly sleepy farming towns are… Read More
Should you Buy Shares of Groupon?
Congratulations to the founders and early investors in Groupon (Nasdaq: GRPN). What was just a humble new business idea a few short years ago is now valued at about $18 billion. That’s a higher valuation than RadioShack (NYSE: RSH), The Washington Post Co. (NYSE: WPO), U.S. Steel (NYSE: X), Whirlpool… Read More
The 3 Best Stocks to Short (or Sell) Right Now
With the market showing no clear direction at this point, it pays to stay focused on long and short ideas for your portfolio. In recent weeks, I’ve been trying to generate more short-oriented ideas for readers, and it pays to stay abreast of… Read More
4 Dividends You’ve Never Heard of (but Should)
One mistake novice income investors make is assuming that the best dividend stocks are the ones they’re most familiar with, or the ones most talked about on CNBC or in the mainstream financial press. Sure, well-known dividend stocks such… Read More
2 Stocks with Big Earnings Season Momentum
The stock market is increasingly looking like a boxing match. In one corner, you have a global bruiser named Greece looking to send stocks down to new lows. In the other corner, you have earnings season, which has been generally — and surprisingly — positive. In fact, quarterly results have been so encouraging, two-thirds of the 350 companies in the S&P 500 that have reported results thus far have topped estimates, translating into an average 6% upside surprise. The… Read More
The stock market is increasingly looking like a boxing match. In one corner, you have a global bruiser named Greece looking to send stocks down to new lows. In the other corner, you have earnings season, which has been generally — and surprisingly — positive. In fact, quarterly results have been so encouraging, two-thirds of the 350 companies in the S&P 500 that have reported results thus far have topped estimates, translating into an average 6% upside surprise. The earnings theme helped propel the market higher in October, but events in Europe have put a new scare in the market in early November. At this point, however, it’s best to tune out the noise and focus on the company-specific positives. This strategy paid off handsomely for those willing to brave the challenges of August and September, and it will likely pay off again for the patient investor. The charm of earnings season is that it always presents new investment opportunities. So to in order to identify where investors should be focusing now, I’ve dug up… Read More
The Daily Paycheck Email Alert: Please Help Me Improve the Daily Paycheck Portfolio Format
I'm constantly looking for ways to improve The Daily Paycheck. As part of that process, I've created two different portfolio templates, each of which is organized in a different manner. Which one do you like better? Read More