Company Description: Metavante Technologies, Inc. delivers banking and payments technologies to financial services firms and businesses worldwide. The company’s Financial Solutions Group segment includes banking solutions that offer integrated products and services for financial service providers; commercial treasury solutions that provide technology and related outsourcing services for commercial customers of financial institutions; ebanking solutions, which deliver retail and business electronic commerce services; and risk and compliance solutions that enable risk management and regulatory compliance. It also offers sales and service solutions enabling an organization to develop a customer relationship management; and wealth management solutions for financial services providers. The Payment Solutions Group segment includes acquiring solutions that deliver card-based transaction acquiring solutions supporting the paperless transactions, including ATM driving, merchant acquiring, biller-direct payments, and government payments; issuing solutions delivering the electronic funds transfer and card processing solutions; image solutions that help clients transition from paper to electronic payments and image processing; and payment network solutions that include ATM and PIN-based debit network access and payment alternatives from the NYCE Payment Network, an ATM/PIN debit network. It also provides epayments solutions for bill publishing and bill consolidation for billers and payers; and healthcare payment solutions that enable exchange of information and funds between patients, payers, providers, and financial institutions. Metavante also serves banks, credit unions, brokers, insurance companies, and resellers through a direct sales force and distributors. It has a strategic partnership agreement with Waterfield. The company was founded in 1964 and is headquartered in Milwaukee, Wisconsin. Metavante Technologies, Inc. is a subsidiary of Metavante Corporation.

Our Analysis: I originally recommended the shares of Metavante Technologies, Inc. in the June 3rd edition of the Prime Stock Newsletter. The shares of 'MV' recently set a new yearly high and appear to have resumed their upwards trend following a brief pullback in late June and early July. I think the shares of 'MV' should continue to move higher and test the price targets we stated in the June 3rd Prime Stock Newsletter. I see downside support on the shares of 'MV' @ $27.22/share, and have set my stops accordingly @ $26.81/share.