By Dimitri Kanellopoulos, BuyActive.com
Pick of the year 2011
NEW YORK (BuyActive) - National Bank of Greece (NBG)
Here is my Pick of the year for 2011, National Bank of Greece S.A.(NBG). Surprised? When others are running away, my advice is, that's the time to buy - it's a steal!
Great opportunities happen almost every day in the Stock Market and 2011 will be the year to buy financial stocks. This beaten sector will see a significant increase in value.
I think NBG especially, doesn't get the recognition it deserves and is still much undiscovered. In my opinion, anywhere around the current price level of $1.49 is a steal. I have been accumulating NBG stock heavily from around $3.00 since I recommended it as my pick of the month last March and my average price now is $1.83. I believe it's one of the cheapest bank stocks in the market today.