Jim Cramer - Mad Money Kyndryl Holdings KD-N WAIT Dec 08, 2021

Spun off from IBM and is well off its bottom. If it can profitable in coming years, this will be a winner.

KD has done well year-to-date, up nearly 60%. Revenues are still declining but its recent quarter had improved cash from operations and positive free cash flows. The company has also had positive adjusted EPS for two quarters now and beat estimates for the recent quarter. KD also authorized a $300M buyback yesterday which gave the stock a further bump. We are seeing some improvement here and while it is not a cheap turnaround opportunity at 20x forward earnings, this could be a decent time for interested investors to start stepping in.
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IT services. Modernizes mission-critical systems for some of the world's companies such as MFC, BNS, SLF, BCE, MSFT, Government of Canada. Some really big investors got into the name early. 

Company says it's going into a very profitable period. He's modelling earnings growth of 116% from 2025-27, trades at 23x. Really nice growth and under the radar. Huge addressable market. An AI beneficiary. No dividend.

Its growth means you probably want to own it in a non-registered account.

Still positive, but when it rains it pours. Has come down with the NASDAQ, plus a short report on accounting (which he disagrees with). Great company, lots of future demand, buying back stock. Trades ~11x, growing 65%. It could get worse, but you want to be buying some more here.