S. Michael Mandala

Newtek Business Services: Growing Market Share Will Push This Stock To New Highs

Newtek Business Services (NASDAQ:NEWT): Growing revenues and an attractive valuation should result in shares climbing 50% by the end of the year in spite of an ambiguous economic environment.

Headquartered in Manhattan, Newtek Business Services Inc., stands at the crossroads of the world's commerce. For the past 15 years, it has been providing financial and business services to the small and medium-sized business (NYSEARCA:SMB) market in the United States.

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Products and Services

Newtek offers comprehensive solutions-as a principal-including: small business lending, payroll processing, credit and debit card processing services, check approval services, and ancillary processing equipment and software. In addition to these traditional small business services, Newtek offers clients a diversified technology solution...

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