Did you miss last night's "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
For his "Executive Decision" segment, Cramer spoke with Mick Farrell, CEO of ResMed (RMD) , the medical device maker combating sleep apnea. The company just delivered a three-cents-a-share earnings beat on a 16.7% rise in revenues.
Farrell said that RedMed now has more than two million cloud-connected devices in use but still only has 20% penetration of its core market. The company is also expanding its market to address chronic obstructive pulmonary disease, or COPD, where ResMed currently has less than 1% market share.
The medical community is beginning to recognize the value in keeping patients happy and healthy in their homes and out of hospitals and urgent care, Farrell said.
ResMed is also making powerful partnerships, such as with celebrity physician Dr. Mehmet Oz, who is a big advocate of sleep wellness.
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