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.

(click to enlarge)

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...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details