FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- Mad Mail: Chesapeake Energy Is Hiring?
- Lightning Round: Royal Dutch Shell, Bank of America, RF Micro Devices and More
- Lightning Round OT: Harley-Davidson, Heartland Payment and More
- Cramer’s Christmas List
- Cramer: This Stock Offers ‘Plenty of Upside’
- Cramer Cuts Through Bears' Bull to Explain Tuesday's Market
- Cramer: Buy These 2 Dividend Plays
- Remorseful Regulator Leads Reform Fight
- Lightning Round: AT&T, Verizon, Novartis and More
- Lightning Round OT: Alcoa, Weight Watchers and More
Text Size 
Cramer’s been reading Mark Penn’s new book, Microtrends, which highlights all the undercurrents the pollster discovered while working for the Clintons. Turns out there’s a chapter called “Hard of Hearers,” which focuses on the 30 million people in the U.S. with hearing loss. That’s what you call a gigantic addressable market, and Cramer thinks he has the stock to play it.
Hearing loss can be embarrassing enough without bulky, unattractive hearing aids. Enter Sonic Innovations [SNCI
Loading...
()
]. The company makes a high-end product that offers better sound quality than the competition and is smaller, unobtrusive and good-looking, Cramer said.
And Sonic just took that even further. In July, the company released Velocity, a hearing aid that adjusts to different listening environments, i.e., the car, the phone, concerts, etc. The next quarterly report should reflect the sales of Velocity and Cramer expects huge results.
But Sonic isn’t a slam-dunk, Cramer said. Much larger competitors – Sonic is only a $250 million company – could target Sonic and take back share. And there’s also an outstanding patent lawsuit that goes to trial in January. Biggest of all, though, is that insurance doesn’t cover hearing aids. People have to pay for them themselves.
That doesn’t mean there isn’t huge upside potential for the stock. If Congress passes a law to allow easier access to audiologists for Medicare recipients, or if Sonic gets a contract from Veterans Affairs, a driver of the market’s growth, the stock could pop.
Even if none of this happens, Cramer is still confident Sonic could climb to $13, which is $3.25 above the current price.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes