About David Sterman, StreetAuthority Investor Update
David Sterman has worked as an investment analyst for nearly two decades.
David has 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.
The U.S. consumer remains in a precarious state. Wages are rising at a slow pace, keeping many workers from boosting their earning — and spending — power on an inflation-adjusted basis. In fact, consumers may start to feel that they... read more »
February 22, 2012 3:53 pm / no comments
There’s one huge risk in investing on the short side of a heavily-shorted stock. If short sellers are forced to cover their positions by buying back borrowed shares, then they unwittingly help spur a buying frenzy, pushing a stock up quickly.... read more »
February 21, 2012 3:09 pm / no comments
Since the second quarter of 2009, roughly 60% of companies have managed to deliver quarterly results that exceeded consensus profit forecasts. This has helped underpin a multi-year rally that leaves the major indexes back at levels not seen... read more »
February 20, 2012 2:04 pm / no comments
It’s fascinating to read through the latest 13-F filings, which reveal the top buys and sells of many fund managers from the prior quarter. While many investors focus on the most high-profile money managers such as Warren Buffett or George... read more »
February 17, 2012 4:02 pm / no comments
Every few weeks, another major manufacturer announces plans to shut down production in China and bring jobs closer to home. Some companies such as GE (NYSE: GE) aim to boost production in the United States (GE will make hot water heaters in... read more »
February 16, 2012 1:25 pm / no comments
Investing in an undervalued high-growth play brings an inherent challenge. Shares are usually undervalued because the near-term growth prospects aren’t as bright as the long-term prospects. This was the biggest risk factor I laid out when... read more »
February 15, 2012 1:15 pm / no comments
The investing phrase “Growth at a Reasonable Price,” or GARP for short, likely sums up the ideal backdrop for many investors. Yet many stocks right now appear to possess fairly dim growth prospects and really only appeal to value-oriented... read more »
February 13, 2012 12:11 pm / no comments
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... read more »
February 10, 2012 2:10 pm / no comments
I’ve been thinking about biotech stocks a great deal lately. The sector seems to be trading much better in the early weeks of 2012, with a few spectacular gainers already in the bag and likely more to come.
Yet investors are also well... read more »
February 10, 2012 1:36 pm / no comments
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 52-week high.
Sadly, this... read more »
February 9, 2012 2:38 pm / no comments