National Bank of Greece (ADR) (NBG)

The Greeks are strategically taking over southeastern European financial sectors with their long-term mindset on the growth of the Euro. They already have control of multiple neighboring banks even Turkey's Finansbank. They have made impressive business moves over the past 2 years. They are amazing most of the European Union bank presidents. Investing under 10 is a sound strategy, good valuation.

The National Bank of Greece is a "go" because not because the price of the stock has fallen recently. NBG is a go because the bank has moved outside of Greece to purchase other banks in countries that are nearby. Greece has a good location near the junction of several continents (remember the role Greece played in the early movement of Christianity?) and now NBG is getting involved in modern financial movements. As always, NBG is a dividend paying security.

A great little international bank, very little exposure to the housing market woes in the states. This bank should rebound nicely to around $10

Turkey, Greece and Central Europe have excellent growth potential. Why not own a dominant bank in the region.

Too much exuberance. Optimistic target price (or reasonable value per ADR) is about $13.00. Rationality will prevail and price will stagnate for a period of time. Of course this might happen several years from now.

I bought this stock with real money which means it should go down now. Of course my outlook for the actual stock isn't over the few weeks time frame so I'm not too worried

Why isn't this trading at $10ish? Rumors and speculation can hinder the prospects of genuine and decent investments. People are affraid of financials, of foreign markets and of the stock market in general. I am convinced that many of the next great fortunes will be amassed by holders of stock in solid financial companies. Fear has been so rampant that buy points I never dreamed of before 2008 abound. When the market catches up with this, some shareholders will be well rewarded. Others will realize losses. Get to know your companies behind your stocks. This one looks like a winner for the long haul to me right now. But as with all of the areas of fear I mentioned above, I am watching.

Predicted growth rate of 30% for the next 3 years plus a 6.6% dividend. This is an excellent long term play.

Despite the recent concerns with religious issues, this stock has an amazing potential to soar. NBG is the largest bank in Greece and it currently pays nearly 7% D&Y. With expansion into the Turkish market (which I still foresee as being extremely positive despite those potentially negative religious issues), I can't see this stock going anywhere but up. It will be a long-term hold for me.

The trend is down for banks

High double digit mortgage and consumer credit growth in new EU members and Turkey will fuel enormous growth. Turkey is just beginning to see the mass adoption of consumer and mortgage credit. Ignore the short term political noise; economic reforms in Turkey are irreversible. The real estate booms in Bulgaria and Romania will also pour fuel on the fire. I have seen this (and invested) in the Baltic states, and the the credit fueled real estate boom will repeat in these two new EU members. That's why I bought property in Bulgaria, (and may well be a client of NBG in the future).

WAY oversold, my sister could pick this one

http://financial.seekingalpha.com/article/34674

A bank that is actually growing at over 20% a year and managing the credit crisis well. They have a huge presence in Turkey and Egypt, two hot growth countries, and I think that presence will keep them afloat during the rest of the credit crisis. They got hit for no real reason with the rest of the banks and should now start to creep back up.

This is the only financial I can say it is safe to start building a position in at this time.

strong dividend although as jbolley says, payout ratio is quite suspect. and where is the 10k? is anyone knows let me know. thanks. definetely undervalued though, at least by my standards. even without the dividend. probably worthy of a true investment.

Greece is back in the center and in play

strong earning growth. low debt ratio. great dividend. strong moat being the biggest bank in Greece. Strong commercial lender with no exposure to subprime mess of U.S. Initiated stock buy back starting May 25 2008 to 2009. great divident and low p/e makes it a great value play. interest rate cut by reserve has been positive for this sector.

They'll do well.

NBG is a steal at $10.26. Growth has been outstanding, low risk high gain portfolios, this stock is a cinch to go up over $12 in the next month.Get in before it is too late!