Jim Cramer Says Fitbit Has Some Room to Run

Jim Cramer says he's still a believer in Fitbit, despite others who think it is just a fad.
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TheStreet's Action Alerts PLUS Portfolio Manager said he's still a believer in Fitbit (FIT) - Get Report , despite others who think it is just a fad. Cramer said the Apple Watch is not a substitute for the Fitbit, 'I highly doubt that. This [Apple Watch] is a very expensive piece of equipment and my Fitbit is a health and wellness play. I'm still a believer in it. But, I've been wrong.'

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.