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
It’s no secret that home builders are in a funk. They’ve built just 500,000 to 600,000 new homes in each of the past three years, which happens to be the three lowest years on record (the data go back to 1959). And it’s just half the average rate seen during… Read More
I’ve received quite a few emails recently from my Scarcity & Real Wealth subscribers regarding hydraulic fracturing, or fracking. It’s clear that many of them have been reading up on the subject. And they should. Because even with stricter regulatory burdens on the horizon, this could well… Read More
Once this new company hits the Street, it will lead the way in online small-sum lending. Here's what investors need to know. Read More
Walking through the halls of Netflix’s (Nasdaq: NFLX) headquarters in Los Gatos, Calif., during the holidays must have been a gloomy affair. Legions of employees that receive some of their compensation in company stock saw their holdings plunge in value as the video service company saw its… Read More
Although energy stocks have been hot as a group — already jumping nearly 13% so far in 2012 — individual performance is all over the board, ranging from double-digit gains to double-digit losses. And just because a stock is up a lot doesn’t mean it’s worth getting excited… Read More
Investors have been trained to keep one eye on the economy, even as they assess the prospects for their various stock, bond and fund investments. Yet it’s what they track that is crucial. Some economic… Read More
Carl Icahn is among the 25 richest people in the United States, with a net worth estimated to exceed $13 billion. He accumulated his wealth by being an activist investor, acquiring stakes in companies that were performing poorly, then pushing for organizational and administrative… Read More
I first uncovered this asset class years ago, when I started my High-Yield Investing advisory in 2004. In October of that year, I added one of these securities to my portfolio at $41.33. I sold it for $64.51 about two years later. Along with… Read More
Earnings season can be a white-knuckle affair. You wait on pins and needles to see if your stocks deliver solid results and a robust forward outlook. So when results roll in and they are disappointing on most counts, it’s quite tempting to just… Read More
In the late 1990s, I was on the Board of Trustees for a nonprofit educational organization. The board’s primary responsibility was to oversee the investment of the organization’s trust funds, worth roughly $5 million. One of the trust funds was used to grant college scholarships. So it… Read More
