Cramer's 'Mad Money' Recap: Get to Know NCR

11/05/07 - 08:00 PM EST

TheStreet.com Staff

Click here for an archive of Cramer's "Mad Money" recaps.


In a crazy market environment like this one, NCR(NCR Quote) and Eastman Kodak(EK Quote) are two stocks with a great deal of potential upside and a cushion to the downside, Jim Cramer told viewers of his "Mad Money" TV show on Monday.

The first comeback kid, NCR, is a leading manufacturer and designer of ATMs and scanners.

Formerly known as National Cash Register, the company has been nearly forgotten on the Street. "Most people believe that this company stopped existing," Cramer said.

Because of its recent anonymity, NCR is a great play on the rise of the middle class in the former U.S.S.R. and the Third World. As these countries' citizens become more rich, they will begin to demand the convenience afforded by scanners and ATMs.

On Dec. 6, NCR has a big analyst day. Cramer expects them to report internal growth, thanks in part to a spinoff of Teradata (TDC Quote), a company that didn't fit in NCR's business model.

NCR has a "gargantuan buyback coming," which will provide investors with a gentle landing in the event of a selloff, Cramer said. "NCR will be there in the trenches with you on a bad day"

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