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 appeal of investing in turnaround stocks is very compelling. Some companies look to revamp products to re-invigorate sales growth. Others find ways to slash expenses and unlock major profit-margin gains. Still, others look to clean up a debt-laden… Read More
With all of the media buzz that surrounds next-generation smartphones and their new apps, it’s hard for investors to get too excited about good old-fashioned telecoms these days. That’s a shame, since these companies can be a rich source of dividends for income investors. Many pay 5% yields, and some… Read More
Last summer, when Netflix (Nasdaq: NFLX) was messing with its pricing plans, alienating its customers in the process, I spotted a clear opening for rival Coinstar (Nasdaq: CSTR), which runs a kiosk-based DVD distribution system. As I wrote then: “Thanks to Netflix, Coinstar’s DVD business will thrive… Read More
The story was picked up by the major news sources as a “cute” human interest feature. You might have seen the headlines like “How a Secretary Made and Gave Away $7 Million.” But for me, this wasn’t some light news piece. This was a story that resonated… Read More
In the past seven years, Home Depot (NYSE: HD) has bought back a whopping 600 million shares. That’s really impressive until you realize many of the shares were bought back right when the stock was trading at a… Read More
As the market has crawled ever higher during the past three years, a clear theme has emerged: When the market slumps, investor pessimism gets carried to extremes; and when the market posts a strong rally, things are not as solid as they appear. Read More
Many investors have rejected emerging markets, and I can’t say I blame them. As a group, emerging markets really went sour in 2011, dropping nearly 19% and trailing the S&P 500’s 2% gain by about 21%. Still, I urge those who feel these markets… Read More
I’ve noted on a few occasions that investing in shares of biotech companies is quite challenging for the average investor. In this case, as I suggested a few weeks ago, a biotech fund may be the best choice for some, since it reduces the… Read More
While the mainstream financial media chases every conceivable Facebook angle ahead of its initial public offering (IPO), which is expected sometime in May, it’s important not to get lost in the frenzy. About $5 billion worth of… Read More
Some positive signs are emerging from the banking sector, particularly among the regional banks -- where I've found yields of up to 8.0%. Read More
