Jim Cramer Weighs In On Conduent, Xerox, J C Penney, Bank of New York Mellon Corp And Ford

Jim Cramer said on CNBC's Mad Money that Conduent Inc CNDT, a spin-off unit of Xerox Corp XRX, is an interesting stock. He added that he likes Xerox for its cash flow generation ability and he would buy it at $7.

Cramer is not a department store fan and he is not interested in owning J C Penney Company Inc JCP.

Bank of New York Mellon Corp BK is a good bank, but he would rather buy Citigroup Inc C.

Ford Motor Company F announced a special dividend on Tuesday, but Cramer is not a buyer of any automobile stocks because of autonomous cars, competition and costs of producing cars in the United States.