A few weeks ago Jim Cramer spoke with Dave Cote, the CEO of Honeywell, when he showed off some of the newest gadgets and innovation in store for 2015. Of the spectacular items that Cramer viewed, there was one that caught his eye.
The "Mad Money" host was intrigued by a potentially game changing in-flight Wi-Fi technology that will improve connectivity speed at half the cost. Cramer immediately thought of Gogo as the main beneficiary to Honeywell's new product.
Gogo is the No. 1 supplier of broadband access on airlines. And while it does dominate the market, in Cramer's perspective, the stock is heavily shorted and very volatile. Additionally, the company is not expected to show profits for another couple of years.
The stock is up 18 percent for the year but was hit hard Tuesday when Morgan Stanley released bearish research and Gogo's chief accounting officer announced his intent to leave the company.
As Cramer continues to explore the various ways in which the Internet of things can branch into our lives, he spoke with Gogo CEO Michael Small to discuss how the future of the connected aircraft could impact the airline industry.