Jim Cramer Says Buy, Buy, Buy Wind River Systems (WIND)

Last night on Mad Money, Jim Cramer spoke very highly of Wind River Systems (Nasdaq: WIND) as a undervalued technology stock that investors need to take a closer look at.

Cramer noted that Wind River recently partnered with Google's (Nasdaq: GOOG) Open Handset Alliance to make embedded systems for cell phones running Google's new Android operating system.

Jim said when the market rebounds Wind River will rise because the market would pay twice what it is paying now for this name. He also said that Wind River has a great pipeline of deals.

Cramer also thinks Wind River is a takeover target and could go for as much as $15 per share, almost a 50% increase from where it is trading at today.

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