The Smartest Bank Stocks to Buy With $500 Right Now

Bank stocks are an appealing option for many investors because they tend to offer appealing dividends as well as solid long-term returns. I say "tend to offer" because not all bank stocks are created equal nor do all bank stocks perform well.

If you're looking for the best bank stock ideas right now, the two picks featured below have real potential. And the second pick might just surprise you.

When it comes to making money with bank stocks, Toronto-Dominion Bank (NYSE: TD) is a prime case study. Over the last 30 years, shares of TD Bank (as it is more commonly known) have posted an incredible total return (including dividends reinvested) of 3,140%. The S 500's total return was 1,340% over the same time period.

Source Fool.com