to 210 buy mcdonald's. >> a fun show tonight. a little tom foolery, but good information and i'm setting myself up for a huge fall, but wynn resorts ended their earnings release post close. >> that does it for us see you pack here tomorrow at 5:00 for my mission is simple to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere. i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome into "mad money. welcome to cramerica do you want to make friends? i'm trying to make money my job is not just to entertain, but to teach, call me at 800-743-cnbc or tweet me at jim cramer your probably wondering why i'm wearing these noise-canceling headphones we had a strong only to collapse

before the close and dow finishing up and nasdaq a losing ..28% and everything is precarious when you have earth-shaking events coming later in the week so what the heck am i doing with these headphones simple i'm blocking out the noise tonight because i want to get it right. i want to be able to any clearly now without the crying baby of tariffs or the snoring beast of the uber ipo distracting me. i'm wearing these headphones today because to borrow a line from johnny nash, i can think clearly now. this is almost gone. i could see all obstacles in my way. the uber deal and trade talks and without those clouds we could be in for a bright, bright, sunny, bullish day i'm about to suggest something horretical approve of the tariff

deadline on merchandise. you know i've been worried about this stuff it is right to worry but come next tuesday it will be behind us and as long as you raise cash as i've advised take advantage of buying going forward. just remember to wear your noise canceling headphones brought to you by legitic and why be constructive after so many down days hold it just a second. sometimes it pays to be constructive into the two next days because these two clark clouds could make things look very grim on thursday and friday and you're going to hear, trust me, tomorrow you're going to start hearing the siren song of panic and nobody ever made a dime panicking so let me tell you what came into my head when i settled down with the sounds of silence who happen to be a friend to my saturday night nature. silent point one, however you feel about trump he's right the chinese need the deal more than

we do and right that their diplomats backtracked from 100 pages of agreement of negotiations in the past week. the white house is divided into two camps. one wants a deal and leaking to the press and the hard-liners led by robert light houser and peter navarro who tell the president the chinese can't be trusted so when they try to walk back, trump put the hardliners in the driver's seat why not. they're right. you may not like the way the president conducted policy via tweet but he is right to play hard ball here and the chinese know it. that is why a deal is on the table. they could go back to ten days ago that they were happy with and the trump will give them a stay of execution on the higher tariffs. sound thought number two let's say it doesn't happen. the 25% tariffs go into effect and the end of the world happens, china retaliates, it will be negative for the economy but i'm less worried about it than most of the experts

why? because trump watches the dow like a hawk, the equivalent of the nielsen weighting and this gives influence of high dollar stocks like apple and boeing and targets of people republic if they decide to go tit-for-tat. because if he witnesses a climb in the dow he'll get stocks rallying again but not only that i have a pretty darn good idea of what he would do in that scenario which brings me to point number three if any company that is hurting pledges to cut the chinese manufacturing within the next years and within the next 30 days they will be exempt from the tariffs by taking that pledge it would be an ingenius move i wish i could take credit for it but the white house could be considering it by the way, despite the hand wringing about the damaged 25% tariffs what it could do to our economy, remember this all started with trump slapping on a

25% tariff on steel at the beginning of last year so we have to calculate. the economist worried and scared us how much are steel prices going up since the tariffs they're down down big hot reel steel down 22% and steel plate down about 6 you thought the belly aching car companies were being hurt by the tariffs. contraire mon frar i've been worried about the uber ipo especially money managers need to raise capital to participate in the deal. guess what that is what occurred. that is exactly what happened. when i feared. the big breakdown this afternoon, once the uber deal is behind us tech stocks like the faang and the rally kings could rally but the uber bullet is almost locked and loaded in this part of the session. how about silent gem number five, i'm confident that morgan stanley will do a better job controlling the opening of the uber deal.

what does that mean? morgan stanley is being decoy to have enough shares -- it is not a loser for all who buys like lyft was and i've told you over and over are strictly -- [ inaudible ]. we're not where the uber ipo price is, we're worried about where it opens after that. it needs to trade at low enough levels that you feel comfortable to buy more and i think morgan stanley will hold it below 80 and hedge funds will do more buying to get a full position. there is just one problem. the crying baby that pierces the headphones with the high decibel scream, many investors have hedges to trigger if the stock gets hammered. that is not the case for an ipo and uber has been around for a while and you'll feel the vibrations in the stock at the end. remember, if all goes well the uber deal could end up being

okay not great. i told you it is too rich for me but not market wretching like years ago and which brings me to number six even if the uber ipo does get botched and the chinese refuse to make a deal before the friday morning deadline, once we get through this week a bright shiny day could be upon us we have longer term interest rates and better than expected earnings and a fabulous economy and the fundamentals are strong and they will still be strong even if the trade war does more damage than i'm expecting it to. be prepared to take the cash you have raised that is on the sidelines and start putting it to work in the stocks of high quality companies as they come raining down on you. yes, the next two days could be awful but once we're through this, the market could have a bright future. once again with my fears in the rearview mirror and lower prices to feast on if you indeed have first raised the cash.

carl in georgia. >> reporter: boo-yah jim. >> what's that >> caller: boo-yah. >> yeah. >> caller: thanks for taking me call you had a cloud king and work day and service pal. i was wondering your thoughts on the long-standing card company sit rix systems -- >> i interviewed them. i guess two years ago as part of my corporate governance conference that i throw fo myself and it is just not as good as the other guys what can i say i have a lot of the technology -- i would buy auto desk before them and i have a lot of guys -- that trade ahead of that one i'm sorry it is not a fave how about dave in illinois dave. >> caller: dr. cramer. >> bingo. >> caller: hey, i'm wondering how is cardboard and banister

eating rescue card mileys or zielings doing this day. >> dialing is smart and marley the dog is an idiot. he ate the billion dollars whale and dave it is come down enough that you have to -- >> bye-bye bye. >> and they are still the 5g play and they made an acquisition that is good dave, you know me, we buy them when they are cheap. it will never be real cheap but cheap versus where it was and thank you for calling and i'll tell mr. morals that he ought to stop eating pens, coffee bags and books. john in california. >> caller: boo-yah from book here in sacramento valley. we love you out here. >> i was just talking to someone close to the kings you have game out there. when i was out there you didn't have no teams. what's up. >> caller: that's a fact we pulled the plug on gilead and doubled up on u.s. concrete with the infrastructure pay that

seems like the political opponents might be lighting up with something on the 2 trillion so we put it into u.s. concrete and what do you think about that. >> now is the time i do believe we're starting to look at things that president iscoel he issing with the democrats including the tariffs and infrastructure everyone thinks everybody hates everybody and everybody does hate everybody but people do want to have roads that work and tunnels and bridges. we're tired of being underdeveloped used to call third world but we're better than that come tuesday, through some days, this crazy ride could be behind us and if you raise? some cash then you, too, could be put on your noise-canceling headphones and buy it as it comes down, a bright sunshiny day indeed and i'm going to explain china. and grandma's basement from 20 years ago and today they opened up a new warehouse that

would fit 20 big wheels inside and then i talk about the move to the top how about this wendy's they'll satisfy wall street wonder for growth or could the company get cooked i'll sit down with the ceo and have gravy dripping down my face like you don't get from that beyond meat stuff. stay with cramer >> caller: don't miss a second of "mad money. follow at jim cramer on twitter and #madtweets and send a jim an email at cnbc.com or give us a ssomhit 800-743-cnbc mi setng in head to "mad money" .cnbc.com woman: my reputation was trashed online,

i felt completely helpless. my entire career and business were in jeopardy. i called reputation defender. they were able to restore my good name. if you're under attack, i recommend calling reputation defender. and consider joining their groundbreaking campaign to give every american the right to remove old, inaccurate search results by going to righttobeforgotten.org. vo: if you have search results that are wrong or unfair, call reputation defender at 1-877-492-6705.

what makes it so hard to game the tariff talks? there is an easy answer. trump is unpredictable and the chinese government is a model of transparency of course he can't be game yes and no both of those things are true but they are not the real problem. the stock market deals with uncertain situations all of the time

if you can't game the news, you game the players the money managers made bets on the trade negotiations when it comes not trade war gaming the players is frustrating. why? because there is no consensus on the data from china. we can't agree on what the numbers mean or how their economy is warming up this morning we got hideous customs gatea saying exports were down 2% and 80% had to do with lower shipments to the u.s. meaning the tariffs take heavy toll you think that would be a terrifying number and a huge wake-up call for the chinese party but when the shanghai plummeted 11.5% in three weeks a major reversal after the index would rally off the lows and china is heading in the wrong direction, doesn't it? at least that is how it seems to me but you wouldn't know it from listening to the experts who talk about the people's republic like it is an unstoppable

juggernaut they pigged up 4% increase in chinese imports higher than the decline the analysts were forecasting. according to reporters this is supposed to be a positive -- a sign that consumer is on the rebound. i see this differently chinese is an export oriented economy and especially natural gas and oil and even exporting fewer manufacturing goods. when your economy depends on global commerce the last thing you want to see is imports up and exports down not long ago it seems like the community party stimulus plan was working and then last night bloomberg reported a massive report of bond defaults. more than three times higher in the same period last year. and last year the defaults were at record levels these numbers paint a picture of an economy stalling out. even with the stimulus and every time we get another negative data point we're told the numbers don't matter why? because xi jinping is president for life and the chinese

government has a 200 year gain, the implication that china could take any amount of pain that trump could throw at them. and i've heard this before that is how everyone would talk about the soviet union during the cold war when i was growing up for those too young, it was thought the soviets could take any amount of hardship and they just keep coming the consensus was that soviet style communism was brutal and repressive but very few people questions whether it was viable. hey, they did the lion share of the work beating nazi germany and then they beat us into outer space. for a long time it looked like they knew what we were doing and we realized the system didn't work and collapsed within. if you wrote that it was a house of cards you were thought of an idiot just like when you talk about the chinese being weak these guys were a hard core

marxist or be bombed into being communist but the soviets didn't just believe their own hype. we believed it too and now we're seeing exact the same dynamic with the people's republic of china. we're told the weak numbers are meaningless because the chinese party is playing 11 dimensional chess and they have war rooms and know whatthey are doing an run circles around us and china the best economy on earth for decades so people assume they are unbeatable which is why this moment is so fraught last night number should signal china is in trouble and unless they come to the table the stock market will keep plummets and people will lose their jobs and our economy is growing at a healthy clip and [ inaudible ] and no inflation and people conclude that the people's republic of china is invisible and we'll be road kill i think the numbers tell us there is a compromise that the chinese will concede so trump doesn't raise the tariffs at 12:01 a.m. on friday morning

it makes sense that is the rational thing to do but if the chinese community party wants to maintain the aura of invincibility they have to pretend the 25% tariffs won't hurt them. >> don't know how long they could maintain that premise. we don't need to believe their hype i remember my late father talling me that stalin and crush nev and bresh nif were so tough from the great patriotic war of victory, that they didn't care they try to defeat us wherever we were around the globe my father was wrong. now china is much better run than the soviet union ever was but the idea they could just ignore economic realities is patently false and we need to stop pretending otherwise. "mad money" is back after the break.

after spending a couple of years lost in the wilderness, the under armour stock ready to make a come back last week the company reported a strong quarter but the stock is only up 24 cents versus the day before earnings and they were magnificent earnings to me this is armyour day to give back to the home town of baltimore. and now it is a multi- -- i'm sorry multi-month charitable event and spans five cities and they opened a 1.3 million square foot omni distribution house in baltimore, in an old bethlehem shipyard plan to improve the capabilities and today we checked in with the founder

kevin plank as well as patrick frisk, the president and coo from the amazing refurbished facility. >> this is a great day it is under armour day and could you explain what you are doing and what looks like a very large facility. >> it is armour day here in baltimore. we have 2,000 teammates and nearly 3,000 in all celebrating the day something we have done for the last 15 or so years when we bring the teammates and officers, more than 30 offices in 75 countries and we celebrate our team and that is through give backs our teammates have given more than 80,000 hours just the last few years and it is no different today. we have nearly 20 local partners here in baltimore where we're impacting the local community so we have our teammates working on building bikes, building puppets and toys for kids and getting engaged with the community and let them know what philanthropy we have here in baltimore city. >> i remember when bethlehem

steel closed and people felt it brought down a whole city. it seems like what you are doing with this incredibly -- this relic is making it so it is all new and that baltimore is back because of under armour's persistence. >> well, we're doing our part, jim. and we're opening the omni distribution house it is 1.3 million square feet. there is a ribbon cutting and we had the governor here and ray lewis and coach john har bobaug and celebrate the team opening this facility will give us state-of-the-art unlike any other brand out there and place an order online at 9:00 a.m. and it is on a fedex truck by 10:30 to your house and it gives us capability and speed, speed, speed. >> you could fit 23 football fields. >> patrick -- both of you, because you know how much i want to be there. but i understand look, you set out goals previous

quarter and you talked about brand, you talked about optimizing operations. you talked about strong relationship with the customer and sustainable profit, i felt after this quarter, patrick, you are well on the way to doing all of those >> yeah, i think we're doing great now, jim and one of the most important things for us now is to continue to deliver on the plan the plan that we laid out in investor day and our strategy around winning with our customers, making sure that we're driving this brand back to the premium position it deserves and to also make sure that we're driving it with sustainable growth, profitable growth through ryc and driving shareholder return is important to us and i'm sure my partner here kevin would love to talk about the brand. >> well, it is a fact. it is always the brand, the brand. it has to come through in everything we do but we're thrilled over the last two and a half years as a trans formation for the company and we

haven't been as loud as we want to be, you're about to start hearing that but it is about getting operational house in order and so coming off a quarter where we are able to take inventory down 24% year-over-year and expanding gross margin a hundred bips and the gross margin is a great indicator of brand health and something we're highly focused on nobody is declaring victory. we need to grow in north america but glad to build this global footprint around the world to have the position to re-set ourselves here in north america and think about the next leg of growth. >> what you're seeing now is really us enabling ourselves to be executing better. that first quarter this year was really important to us in terms of our ability to execute on the plan and we're feeling really good about our ability to do that and when you were here today and feeling the power and the excitement in this omni distribution center that will enable us to supply the end consumer, our customers, our teams from one place, it is really amazing

and it also gives us great scope for growth going forward >> i want to explain to people at home, the key data that -- the statistic was to see if inventory went down because that would mean the premiumization that we want from you, brand upgrade, is happening. what i want to know, kevin, is that with the possibility of tariffs going from 10% to 25%, you've been working diligently to take how much product that you source in china down you have that 18% going to 7% by 2023 do you need to accelerate that now or will we all be paying more for your great new brands >> well, i don't know if anybody -- we want to focus on the things that we can control and that is why we've done a great job with patrick and the team in place and let him build on that but our team being able to take us from -- we were up close to 30% of products made in china. our team has done a great job like you said getting that down to 15% and less than 7% and then less than 10% coming to the u.s.

and it doesn't have the big impact but we think that a free trade in the global market is the best thing for everybody >> yes, and i think that fact that only 10% of everything that we make comes from china into the u.s., it gives us a good position at this point in time. >> so, kevin, you know i've been say user of under armour since you introduced me into it. i'm an all under armour guy. should i get shoes with a mineral confused component. >> you're talking about the new rush line. this is terrific it is a prod ugts that we introduced with tom brady in sleepwear a few years ago and the idea is why shouldn't athletes be getting better in everything they do so it is actually a ceramic line material that actually lines the fabric and it -- it turns the radiating heat from your body turns it back on yourself to allow to increase blood flow so you could enhance and improve

yourself beyond that gives you compression or the physical attributions, it has medicine inside of it that is fod proven to enhance blood flow and help you recover fast tore make you a better and stronger athlete so it is things like that that make the under armour statement and everything we do just makes you better >> all right, patrick >> patrick, how much do we care that steph curry goes all the way and i'm not talking about joel embiid, we know from philadelphia it is a tough game but when you decide to back an athlete, especially someone as, i would say, as wondrous as steph curry, what does that mean

for sues if he goes all the way? >> well i think when we think about what we do, innovation is key to us. i think as we think about the athletes that we support around the world, across all of the different sports, for us it is absolutely key, of course that, we give them product that enables them to perform. like kevin said before, what we're doing now with the hover technology and some of the stuff that stef is wearing and also joel embiid is wearing, it is enabling them to be better at their game and ultimately whatever we do, whatever we produce, we're there to make our athletes and people that engage with this brand better and we're going to continue to do that with steph and with joel and that is our mission, under armour makes you better. >> we want a sixers/warriors final. and i don't like the two teams in the final four for the ncaa brackets on the men and women's side too winning in our brand. >> kevin, you have taught me

long view, long view, long view, journey from 1998 when you moved to baltimore now how about going from baltimore to india which will have the youngest population in the world in five years. how did that mission go? >> incredible experience and we'll have ten stores in that market open by the end of the year and starting to see and feel the brand and watching that we could walk in not a company founded on a football field or just an apparel company but as fully built athlete brand, apparel and footwear and accessories and in a market like that to the sport of cricket where we're incredibly relevant already so so we're doing the right thing in the right market. thinking globally and acting locally. >> want people to know, kevin, that you are a humble man and had which things got tough and you came to me but you'll always protect this house i want to know how you are protecting the house now and i think you're back because of the

inventory issue and describe how that is in sync with what you are doing with the comeback in baltimore? >> well, jim, we've been clear this is year three of the three-year transformation so there is still -- we have wood to chop and no one is declaring victory. but we're proud of the progress of our team, where we are. we are a global brand but we've been lighting ourselves and focus on what to do to get the operational house of our aspect in order and this is a great simple of what that means, our team behind us celebrating and feeling good as a company and as a brand. at the end of the day it comes back to great product and that is our focus and one of the great things we've been able to do with patrick in our team is true go to market process to implement the global operating model with four distinct regions between asia-pacific, and europe and middle east and africa and here in the states and so that's all fine and good what the audience is looking for is tell me what it means for my 16-year-old i want under armour and the latest

curry or hover and all of the innovation to bring to market and now we have to deliver that on a consistent and repeatable basis and that gets me excited so i don't think we're there yet. i think we're in the process, in the drive. but i love the way our future looks and planning to go anywhere and we're in the fight for sure. >> thank you kevin plank and patrick frisk, who does so much to make this company great and by the way, so much to make baltimore and therefore america great. gentlemen, thank you so much for coming on "mad money." >> thanks very much, jim. >> thanks, jim, have a great day.

forget the meat and faux hamburgers and today wall street asked where is the beef and wendy's, that click service burger just delivered a 3 cents earning beat off a 11% earning basis higher than expected revenue and rock stollid sales of 3.3% year-over-year and painting a bullish picture of the market it is up [ inaudible ] and they still don't get enough

credit when is why i'm betting it is upside don't take it from me. we'll talk to todd penegor to talk about the quarter welcome back to "mad money." >> thanks for having us on, jim. really appreciate it today. >> first of all, i want to thank you to make time during the day. i have to admit i saw the numbers when i was doing "squawk on the street" and i said call todd this is fabulous how are you able to make such a huge -- the free cash flow up 17%. that is remarkable how do you do it >> well it was a tough winter as you know, jim. and second in a row. but we were able to fight through that and bring the brand strategy to life our focus is one more visit and one more dollar and we reorchestrated our menu to bring folks in on great tasting and trade up to our memeum prices. we have a four for 4 that works well and we have a biggie bag at the $5 price point and at the end of the first quarter a made

to crave line first with hamburgers and now in the second quarter with chicken so we're bringing variety allowing the customer to trade up and across our portfolio have our great tasting and never frozen north american beef and everything made to order and customized as we've always done. >> the biggie bag, you got off the $3 treadmill, such a value tell me what is in it. everybody is going crazy for them. >> oh, man, the biggie back, they have a bacon double stack so a full quarter pounder of beef and chicken nuggets and french fries and a drink and when you think about our history around biggie, this is a biggie offer and at $5, great tasting food, what an opportunity to get a full meal for $5 for folks that only have the $5 to spend for lunch or a dinner. >> i have to tell you, for a company that is 50 years old, you're 50 years young. you're remarkable in how much you follow people on social media. i know and i told you and i just tweeted, look on a great day, my wife said she wants the double

and sure enough you came back immediately. but even more important, when chance the rapper said that he liked you to bring back the spicy chicken nuggets, a couple of million followers later, bingo. you brought it right back. >> it was amazing. we got the tweet from chance the rapper over the weekend and our social media team jumped on it and we made a promise if we got 2 million likes we would bring back a favorite that have since left the menu, the spicy chicken nuggets. and it was amazing within 48 hours we had over 2 million likes and as we promised, we told the gang and told chance the rapper that we will bring spicy chicken nuggets back sometime in the very near future. >> why are you so different in the sense that what you have -- you do have crave fans and you listen to them and you make changes as if you are two to three burger chain place. how are you able to be so flexible so quickly?

>> well we've got a social media listening team that has given a lot of freedom to operate and they can respond in real-time and they know we did a lot of work on our brand positioning, we did a lot of work on what the voice of wendy's is. we're not a king or a clown, we're all about wendy who is named for dave thomas the founder and we need to have a voice and given the latitude of our social team to respond in real-time and to really listen to what our fans and our true customers really want. and it is been a lot of fun. we're at our best when we're talking about the quality differences on our food. and we'll continue to interact with our customers and make sure they get what they want. >> you have said in your documents that what they want sometimes is to be at home that is your big competition your capitalizing on that with good delivery. >> oh, absolutely. jim, our biggest competitor is food at home and convenience is being redefined and the original convenience was invented by dave thomas, the drive-thru window and now we have to have food

delivered to folks where and when they want it and we have door dash and skip the dishes in canada and it is another great opportunity to provide access to our great-tasting food where the customer wants it. and we're still in the early innings. awareness is quite low but what we're seeing is for folks that order us on delivery, customer satisfaction is very high and we're seeing some nice repeat so we're encouraged by the future opportunity on that size of the business. >> i could tell you it does carry. it does carry because that is how my wife likes to eat it. todd, one last thing, labor costs are high in this country i would have expected the free cash flow to be lower. how are you able to handle the escalating labor costs >> i think it has been a couple of things, jim we've been working hard to make sure that we -- we price appropriately in the restaurant and we don't want to price out of business so we've done a lot of smart pricing doing the -- the mix work that we've done and you think about one more dollar and one more visit, trading folks up along the way, that certainly helps

the p&l and then we've been focused on how do we drive productivity in the restaurant labor positioning or working our labor guide and drive other savings partnering with our purchasing co-op and it is hard to overcome those pressures and at the end of the day it is speed and convenience and affordability and we're working hard to make sure we have speed at the drive-thru to continue to serve more customers on a regular basis. >> and do you it well. last thing, i do, you know because you look at my social media -- my tweets we do crave. we crave the taste do you think as much as beyond meat is a big success on the stock market, that in the end people crave great-tasting food as much as they take a look at the ingredients to say maybe i should have that because it is good for you >> no, absolutely. and that is why our menu is constructed, we have great tasting hamburgers and chicken and salads and our great chili and baked potato so we have choiced we'll continue to look at the

trends to make sure that folks have other healthy alternatives along the way. but it is amazing. you get somebody to a restaurant that might be craving a great tasting salad and you smell the great hamburgers, you trade up and know your wife likes to trade into that on a rare occasion so we -- >> she loves the bacon aator but she sends me in to get it because she's embarrassed. i tell her live free. >> bring her in more often. >> that is the president and ceo of wendy's it is a personal fave. what can i say think ty goes higher more after the break - i love my grandma. - anncr: as you grow older, your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory.

- dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life.

i'm off to college. i'm worried about my parents' retirement. don't worry. voya helps them to and through retirement... dealing with today's expenses ...while helping plan, invest and protect for the future. so they'll be okay? i think they'll be fine. voya. helping you to and through retirement. it is time the "the lightning round." >> and then the "the lightning round. are you ready? the "the lightning round" with bob in new jersey. bob? >> caller: yeah. >> bob, you're up what, is shaking. it's jim >> caller: i'm looking into

extended stay, should i buy it. >> it has a accident yield but it is marriott with arnie sorenson and o'toole in virginia. >> caller: booyah, jim thanks for your service and unrelentless focus on helping the small investors. >> that is what it is about. >> caller: i wish there were more people with your tenacity and enthusiasm >> thank you. >> caller: to tell investors. >> thank you. >> caller: i have a question about a company called lending tree, ticker eree. >> i've known doug for 20 years he's just money in the bank. no connection. i think he's great with lower interest rates it is one of my favorites. and there were people shorting the stock and they got run over and became road kill good for doug. how about meddin in montana. >> caller: jim, how are you doing. >> i'm doing well.

how about you, partner. >> caller: not too bad, man. i had a quick question about you for equinor energy company. >> it is alternative energy and energy and i have no energy for energy companies we're not going to do it i can't believe it is getting out with that unbelievable bid i mean -- you know i just didn't think that we would ever, ever come through the misery that we got but we got to bid this week -- i mean last week from both occidental and from chevron and that is why i like anadarko. and that is the conclusion of "the lightning round." >> announcer: "the lightning round" is sponsored by td ameritrade oo. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale.

mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪

wow, what the heck has gotten into nestle that swiss package food company where the stock caught fire. up 20% year-to-date and you know them as tollhouse and frozen food like hot pockets and dryers and haggen dauz but this is house of brands including coffees. and so far this year nestle is doing well two strong quarters and they made a partnership with starbucks when they took the message to shareholders at the

2019 investor seminar. could the stock run. i think so but let's dig deeper with the ceo of nestle. >> thank you for having me. >> at this meeting, i just want people to have an idea what were the key messages that you got across. >> it was all about one thing and that is innovation customers, consumers are changing around the world, they expect new products and fast changeover and 1.0 and 2.0 and they want new stuff and new food and beverage habits and we want to cater to those and exciting consumers under strong brands is the key them. >> i feel what comes to europe is well ahead of what comes to the u.s. but it does get here. we have called beyond peat that just became public it looks like something awaits them from nestle that is powerful. >> we are right up there so we've been for a while in the european market and with the incredible burger and it is on

fire it is in 1500 outlets and later in year under the aim awesome burger it will come to the states as well so we are deeply interested in the plant-based food area. i think we have a lot to show in this area and this is one of the key points. >> will you back this up with the traditional nestle fire power when you do it. >> yes we have global and retail reach and a professional unit that deals with quick service restaurant owners and food service operators so this is exactly our strength in deployment that we'll bring to bear. >> one of the great roots i remember from when i mom served ness cavy. and the ceo of starbucks said nestle is a great partner for starbucks as we reach the coffee alliance to new markets around the world. the partnership is an unlock for both companies and mark snyder and i have been in lock step as we pursue this opportunity together as a driver of growth and how is it -- and brain amplifier for nestle. >> i couldn't agree more with how he phrased it because that is exactly the way it was great

partnerships are based on and what is amazing we closed this deal last fall and then six months later we're out in store shelves with a starbucks range and also roast and ground coffee offering, and ness cafe and putting that starbucks experience to your home. >> i don't go to the store i buy everything online. can i get this online. >> online as well. we're on the store shelves nationally and on amazon to we're on fire. >> now one of the things also that you have done and you do vitamin supplements and super foods and a lot of thinking about what is good for people but also to taste good so give us a description of that. >> yeah. so nutrition and health is one of the key themes and when it comes to vitamins and supplements we have the garden of life brand that is a carrier for innovative products for this is available either in specialty stores or mass merchandise and

great product, triple certified organic supply chain and a strong brand around the world starting here in the u.s. >> fantastic now when i first saw this great display, i came upon these bottles and i said well that is a no-no. plastic. you know what happens to. >> that i read that wrong, didn't i. >> you did because it is 100% recycle and this -- >> from plastic -- >> yes so important to note that. around the northeast this bottle now is also available nationwide because i think it is a premium that is in the water space and it places that goodness to all of america. >> and also another one that i misread and have to say is this headed for a landfill. >> so this is based on what is called the loop container and reuse is one of the buzzwords in the industry so avoiding unnecessary waste so this could be brought back to the store and

refilled and cleaning out and refilled and used many times this is part of a circular economy and one of the big proponents of that. >> to be sure. i don't want do go to ethereal and your company based on food is really a much better growth company than everyone one of our food companies and yet you're gigantic. >> we have been historically focused on clove clove is the single most important launch in value driver and that is unique laser focused effort is paying off when you get into that cost-cut mode, sooner or later it becomes a downward spiral and it has to be a balance of growth and margins and we're balancing well and that is one of the key themes on our investor keep that in balance if you throw in capital efficiency then you have the three major ooiringredients ands is what we believe in. >> you know general mills well it so happened they got ignited by pet food but you've been early in pet food. >> we've been in pet food for a

while. we're one of the leading worldwide pet food nur purina. >> the great st. louis zone and fantastic brand and trusted. >> and strong values in this company that are similar and strongly resonating with nestle and hence the partnership struck more than 15 years ago came to our advantage and we took this brand global to every corner of the world and we're doing quite well with this. >> what you see here is going to be in the stores and again i want to point out for those people who keep buying beyond meat, do you want to go up against nestle i sure want. that is mark snyder the ceo of fabulous what a fabulous company and fabulous story stay with cramer

you know what, cutting the cord, no cutting the cord there are successful stories roku is the cord cutter but disney is a good market. i'm jim cramer and i'll see you

tomorrow >> announcer: cnbc capital exchange, where business and politics converge. join top lawmakers and ceos for insight and ideas, candid conversations on business, policy and strategies for economic growth. to learn more, visit cnbc.com/events.com. brought to you by these sponsors idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ and i'm cameron cruse. and we're the co-founders of r. riveter. cameron and i are both military spouses. we met when we were in georgia while our husbands were stationed with the army. being a military spouse can be difficult. you move on average every 2.9 years, which makes it very difficult to find a job or build a résumé to be proud of. -hey, guys. -hey. -good morning. a big purpose behind our company is empowering women. and actually we named our company after rosie the riveter. she's a world war ii icon that encouraged women