You Should Be Able to Google 'Where Can I Get a Test:' Jim Cramer on Coronavirus Testing

Katherine Ross

How trustworthy are antibody tests?

Roche CEO Severin Schwan slammed some blood tests telling people if they have had the coronavirus as a “disaster.”

Roche is currently preparing to launch its own antibody test next month.

Around the world, politicians, healthcare professionals, etc. are all hoping that the development of an antibody test -- which would show whether or not you have had the coronavirus and could possibly be immune -- could help protect workers and also be used to restart economies.

However, if a test has a false positive, it could be putting people in danger if someone were to believe that they were immune when they truly weren’t.

In reference to other antibody tests that Roche has tested as it develops its own, Schwan said, “It’s a disaster. These tests are not worth anything, or have very little use.”

Jim Cramer says in addition to clarity on the accuracy of tests, investors and consumers need to know where they can get a test. 

Watch the full video above for Cramer's full take.

Want to know what Jim Cramer and his team at Action Alerts PLUS are thinking about the markets and the stocks they're watching? Sign up on Action Alerts PLUS for more.

Cramer and the team are weighing in on what members need to know about the coronavirus pandemic's impact on the market. Here's how you can recap his entire April show.

Watch More of the Latest Videos on TheStreet and Jim Cramer

Enter your email to register or login. Registration information may be shared with advertising partners in accordance with our Privacy Policy.

Ask Cramer