“JDS Uniphase (NASDAQ:JDSU) looks ready for a comeback,” Jim Cramer said on Wednesday’s “Mad Money” TV show. He said JDSU could be one of the greatest comeback stories of all time. During the height of the dot-com days JDS Uniphase advanced a unbelievable 7000%, only to then lose 99% of its value after the Internet bubble burst. However, now Cramer believes the company is ready to roar back due to a tie-in to one of his favorite market trends – the Mobile Internet Tsunami. Cramer based his call off the opinion of a JDSU expert, Sanford Bernstein’s Jeff Evenson. Evenson turned bullish on JDSU after the company reported a better-than-expected quarter on Nov. 5 and he raised his price target to $8.50. Why should you listen to Evenson on JDSU? In the past, Evenson has been right about Brocade Communications Systems Inc. (BRCD), Cisco Systems (CSCO), F5 Networks Inc. (FFIV), 3Com Corporation (NASDAQ:COMS) and Juniper Networks (JNPR), and Cramer thinks he will get JDSU right as well.  JDS gets 47% of its sales from test and measurement equipment for broadband and wireless carriers. This is the kind of equipment that is used to build out wireless networks and fix problems with dropped calls and poor performing networks. Also, JDSU makes communications and commercial optical product, laser products and even 3D movie glasses, which are all doing well. Recently, a Thomas Weisel Partners valued each division at JDSU separately and came up with an $11.33 a share price for the stock. Cramer said this is a case where the sum is worth less than its parts. He mentioned the company could be an attractive takeover target, just like 3Com, which was bought-out by Hewlett-Packard Company (NYSE:HPQ) on Wednesday. “That was a huge win,” Cramer said. “JDSU could be our next big win.” Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!