After a decade of hosting "Mad Money," Jim Cramer received a phone call that perhaps shocked him more than any other.
Cramer was left with a deer in the headlights look, when Apple CEO Tim Cookcalled to wish Cramer a happy 10th anniversary. Of course, Cramer immediately took the opportunity to question Cook on the possible positive downstream effects of the new Apple Watch.
The "Mad Money" host elaborated by saying that Apple is not only just about fun technology gadgets, it is also the health company and credit card company of the future. Those are the two areas of growth that Cramer sees Apple gaining the most strength in currently.
Cook said that the watch's impact on health has been so strong that within the first 24 hours of announcing the research kit some 11,000 people signed up for a study in cardiovascular disease through Stanford University. Cook said it would typically have taken 50 medical centers an entire year to sign up that many people.
"Research kit is an absolute gamechanger," Cook said.
Cramer has always advised investors that when it comes to Apple you should own it, not trade it. The "Mad Money" host asked Cook if he agrees with this mantra.
"For people that have owned the stock for 10 years, our stock price 10 years ago when you started 'Mad Money' was less than $6 on a split adjusted bases. So you can bet those people are extremely happy right now," Cook responded.
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