NCR further expands beyond ATMs

Article Excerpt

NCR CORP. $29 (New York symbol NCR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 118.9 million; Market cap: $3.4 billion; Price-to-sales ratio: 0.6; No dividends paid; TSINetwork Rating: Average; www.ncr.com) makes automated teller machines (ATMs), cash registers, self-serve checkouts and kiosks for theatres and arenas. The company recently paid an undisclosed amount for BEC. Based in Colorado, that firm makes self-serve kiosks and touch-screen terminals for over 2,600 restaurants. Those products help speed up orders and electronic payments. BEC already uses NCR’s products and software; that familiarity helps cut the risk of this acquisition. NCR is still a buy. buy…