The test, called BinaxNOW, is a $5, 15-minute nasal test. Those being tested will have their swab rubbed on a card that is then swiped and gives a false or positive reading with a 97% accuracy, the company said.
It's not 100% accurate, Cramer cautioned, so masks will still be necessary.
However, the results can be uploaded to Abbott's Navica mobile app, which can then be used like a pass to get into events, onto flights and into buildings. Cramer hopes it will get him into the Super Bowl if his Philadelphia Eagles make it.
Abbott Labs says it can start producing 50 million tests by October and Cramer reasons that "this is going to be the game-changer". If our country can get on board with this system, it will allow the economy to open much more and much faster than expected.