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
Shares of asset manager Legg Mason (NYSE: LM) are up +11% today to an 18-month high, after delivering modest upside to first-quarter forecasts on Monday evening. Shares are likely getting such a strong boost from an announced restructuring plan that will take $150… Read More
After a strong run, it’s typical to see a stock chart start to flatten out as buyers and sellers move into equilibrium. More often than not, that’s a sign to take profits. Not only do fundamental measures often tell you that a stock is fairly valued at this point, but… Read More
As European countries step up in support of Greece (and by extension the banks who are lending to that troubled country), it should come as no surprise that major European bank stocks are posting strong gains in Monday trading. Shares of Netherlands-based ING (NYSE:… Read More
Today’s market action is a rising tide that is lifting all boats. Well, almost all of them. Dean Foods (NYSE: DF), which makes a wide range of products found in the dairy section of supermarkets, hit a 52-week low after announcing that pricing pressures are forcing… Read More
How low can you go? That’s the question many investors are asking about China Security & Surveillance Technology (NYSE: CSR). Shares keep on dropping, and the forward P/E ratio, which had been a paltry six, then drifted to… Read More
Shares of Crocs (Nasdaq: CROX) continued their remarkable rebound, only a year after many had assumed that the once-hot footwear maker would not survive much longer. An impressive quarterly report released Thursday evening pushed shares up +8% in Friday trading. Crocs’ plastic shoes… Read More
Throughout much of the last decade, Hansen Natural (Nasdaq: HANS) dominated the lists of potential buyout candidates. The beverage maker was seeing tremendous demand for its various juices and sodas, especially its Monster energy drink, right at a time when the largest beverage… Read More
Sometimes it’s better to be lucky than good. Magna International’s (NYSE: MGA) efforts to buy Chrysler, as well as the Opel arm of GM failed. Had the company succeeded in buying one of those brands, Magna could well be producing massive operating losses right now. Instead, Magna has remained focused… Read More
In a bid to keep growing, some companies resort to a steady stream of acquisitions. But appearances can be quite deceptive, as these deals often come with newly-issued shares and/or rising debt, both of which can impede per-share profits from growing. This “inorganic growth”… Read More
For many years, Hasbro (NYSE: HAS) and Mattel (NYSE: MAT) turned in lackluster annual results, as sales and profits grew at a snail’s pace. Both of these toymakers only recently learned how to boost sales, cut costs and reduce the share count, but only one also took a page from… Read More
