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Stephen T. McClellan

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Adapted from the English Wikipedia article Stephen T. McClellan, available under CC BY-SA 4.0Updated 8 August 2025
Stephen T. McClellan
Occupation(s)Securities analyst, author
Known forFirst vice president at Merrill Lynch; Institutional Investor All-American Research Team member; author of The Coming Computer Industry Shakeout, Full of Bull, True to Myself
Notable workThe Coming Computer Industry Shakeout, Full of Bull, True to Myself

Stephen T. McClellan is a prominent American securities analyst who held the position of first vice president at Merrill Lynch for nearly two decades. He earned a spot on the Institutional Investor All-American Research Team for nineteen straight years, was featured in the Wall Street Journal Poll for seven years, and has been inducted into the Journal's Hall of Fame.

As a Chartered Financial Analyst (CFA), McClellan is affiliated with both the New York Society of Security Analysts and the CFA Institute. He established and led the Software/Services Analyst Group and also chaired the New York Computer Industry Analyst Group. His expert insights have been showcased on networks such as CBS, CNN, CNBC, and Wall Street Week. McClellan has delivered presentations to leading corporations including IBM, Apple, Automatic Data Processing, and Electronic Data Systems. He has authored articles for publications like the London Financial Times, New York Times, and Forbes. McClellan earned an MBA with a focus on finance from George Washington University.

His debut book, The Coming Computer Industry Shakeout (John Wiley & Sons, 1984), sold more than 30,000 hardcover copies over three editions and was translated into both Spanish and Japanese. The work received positive critiques in major outlets such as the Wall Street Journal, New York Times, and Forbes Magazine. It reached top ten bestseller status in cities including Boston, Chicago, and San Francisco, peaking at number three on Waldenbooks’ bestseller chart. The book was extensively promoted across leading business media channels and prominently featured by Wiley in corporate marketing efforts.

McClellan’s second publication, Full of Bull, offers an insider’s perspective on Wall Street research and investing; it was initially released in 2007 with a revised paperback edition titled Unscramble Wall Street Doubletalk to Protect and Build Your Portfolio appearing in 2009. His third work, an autobiography named True to Myself, was published by Park Place Publications in 2022.

He is married to artist Elizabeth Barlow.

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