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
Is it fair to give Ben Bernanke (and his predecessor Janet Yellen) much of the credit for the... Read More
Is it fair to give Ben Bernanke (and his predecessor Janet Yellen) much of the credit for the current bull market? After all, many have come to believe that ultra-low interest rates, coupled with... Read More
In a perfectly efficient market, companies that deliver positive quarterly results and outlooks for... Read More
In a perfectly efficient market, companies that deliver positive quarterly results and outlooks for future quarters will rally higher, and companies that deliver subpar results fall in value. But... Read More
It’s always wise to have spare funds whenever earnings season rolls around. Inevitably, a handful... Read More
It’s always wise to have spare funds whenever earnings season rolls around. Inevitably, a handful of companies will deliver disappointing quarterly results, or a dim near-term outlook, leading... Read More
Roughly a month ago, meteorologists began warning that the Eastern United States was headed for... Read More
Roughly a month ago, meteorologists began warning that the Eastern United States was headed for another brutally cold winter. It was the kind of story that many saw as “click-bait,” enticing... Read More
The Brown family in Louisville, Kentucky had plenty to celebrate in 1933. The repeal of prohibition... Read More
The Brown family in Louisville, Kentucky had plenty to celebrate in 1933. The repeal of prohibition meant that they could once again sell the family’s well-regarded whiskey, continuing the... Read More
Investors deploy a lot of strategies to find winning stocks: Some run investment screens based on... Read More
Investors deploy a lot of strategies to find winning stocks: Some run investment screens based on various financial metrics, attend industry conferences to find well-positioned business models or... Read More
As any CEO will tell you, working toward an initial public offering is an arduous process.... Read More
As any CEO will tell you, working toward an initial public offering is an arduous process. Lawyers need to file reams of paperwork, bankers need to determine a suitable valuation and trading... Read More
Heading into earnings season, investors were bracing for a troubling round of quarterly reports in... Read More
Heading into earnings season, investors were bracing for a troubling round of quarterly reports in the energy sector. A sharp drop in crude oil prices in the past few months led to concerns that... Read More
Most U.S. investors have never heard of China Minsheng Bank Corp. Ltd or GigaMedia Ltd. (Nasdaq:... Read More
Most U.S. investors have never heard of China Minsheng Bank Corp. Ltd or GigaMedia Ltd. (Nasdaq: GIGM). But both companies ended up in deep trouble for using a risky corporate structure. It was a... Read More
Many investors spend too much time during earnings season focusing on gross profit margins. They... Read More
Many investors spend too much time during earnings season focusing on gross profit margins. They figure that a drop in these margins means a company is losing pricing power, or they worry that the... Read More