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In addition to following professional banks, anyone can use Motley Fool CAPS to monitor the collective opinions of more than 135,000 members, many of whom demonstrate better investing insight than published analysts do.
More top-performing CAPS members are bullish on National Bank of Greece
Many CAPS members had enjoyed National Bank of Greece's hefty dividend yield -- that is, until the company was forced to cut it because it took financial assistance from the Greek government. The bank had been sporting a payout of $0.54 for a stock that traded at less than $10, while U.S. banks such as Bank of America
Greek's largest lender by assets has felt the effects of the credit markets, as has Wells Fargo
In July, the bank completed a rights issue and received a strong response from shareholders, who oversubscribed to the $1.77 billion issue. Whereas foreign institutions such as the U.K.'s Lloyds Banking Group
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Fool contributor Dave Mock recently upgraded his rock, paper, scissors strategy to include a more random pattern that confuses his competitors. He owns no shares of companies mentioned here. The Fool's disclosure policy admits to keeping a few rainy day dollars in the mattress.
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