xhp. >> i'm not going to insult the agreed led zeppelin to insert a title superfluously, like you did, tim >> you are nowatching. "mad" with jim cramer starts right now. my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to safe you some money. my job is not just to entertain you, but to educate you, teach you, put it in context call me, 1-800-743-cnbc. tweet me @jimcramer. at last, at last this market took a breather. dow lost 128 points.

s&p shed 8.3%. although we were down a lot more earlier in the session you say i got to say it's about darn time ♪ hallelujah things have gotten too easy. how do i know? because the uber driver was make together much on tesla because the shoe shine men have finally picked a winner, and that winner was amd. because these moves have gotten way to too crazy, and they had to stop. in end, even the saint virgin galactic, it was felled. yep, they even got to space, symbol spce. or spice, as i like to call it look, all sell-offs are not created equal. some are a lot worse than others this is not a slash and burn sell-off it's more like the kind of pruning you do to trees that are too new the power lines. sure it looks ghastly chen they're done with the wood chipper, but it beats the alternative which is a california style wildfire.

i like the market because when trees grow back, hopefully they grow back stronger, slower, steadier still was an odd day for the market to take a dive. there was a lot of good news think about it we had the morgan stanley deal morgan stanley beauty e*trade in an all stock combination i think that was a smart move as e*trade was coming behind upstart. why not? what does the buyer get out of it morgan stanley just reported the best quarter, yet what happened? excuse me, i didn't mean to yawn the stock did nothing. i meant to yawn. they needed to take action to generate some excitement and growth and general profit. like the schwab and ameritrade deal before it that meant that morgan stanley only took a 4.5% hit today even though they're issuing a lot of new shares. and i've got to tell you, it's just moved up in the pecking order of the brokerage stocks that i like. as ceo james gorman told me, quote we are now the gorilla of wealth management, end quote

he explained how the acquisition, quote, continues to shift to asset lying, regulatory friendly without damaging. a world class institutional business i agree. tried to work there. got the job, didn't do it. this firm, i like this version of the firm. i like gorman. there is not a ton of demographic overlap here e*trade can benefit from the caliber of device. e*trade has direct technology that will benefit the new customers. and the combined company can make money on the tread cred balances of the new clients that e*trade brings over. this deal is conclusive proof that private upstart robin hood has truly disrupted with the zero commission business model and the amazingly easy to use app. i mean, darn, i see kids playing with my phone, they're buying and selling stocks that's all they do that's all they do i'm looking at regina gilgan, she has two little kids. they're not allowed to trade stocks, but if they could, they

would take that robin hood app this is what happens when you get hundreds of millions of dollars from venture capitalists and aggressively expand for scale without much concern for profits. a long time ago, and that's what 25 years srks 25 years i started thestreet.com. and i got my hands on some venture capital. it's crazy how much the vc guys wanted me to lose in order to become the winner. the more i spent, the more they loved me robin hood is doing the same thing. the next of the market needs to respond, which is what e*trade and morgan stanley are doing we're going to hear later from domino's they got hit by the venture capital stick, but they've come back strong and crushed them now that was not the only good news we got some excellent economic numbers from the philly fed. they were shocking, eye opening, on top of some new york numbers earlier this week that suggest we're seeing a bit of an industrial revival in this country, even as we know china is slowing down dramatically

these numbers were so good you have to believe we're seeing acceleration the unemployment claims a half century low. there is more. love him or hate him, president trump has been great for the stock market the conventional wisdom on wall street says bernie sanders won't be able to win if he gets the democratic nomination. i'm not a political analyst. i'm just giving what i know, i hear all the time. but if you were watching last night's debate, sanders' chief rival, mike bloomberg, everyone says he got eviscerated. from the stock market perspective, that means trump is more likely to get elected, and the market likes trump therefore, last night should have been a victory for the bulls and that's why we rallied before it eevaporate rad sba midmorning worry procter & gamble, they told the audience that the coronavirus outbreak will cause a material slowdown in their business chiefly, china in response, what happened

the company's stock rallied. it jumped a buck 14 shareholders slugging off a warning like it was nothing. why did the market ultimately go down what was behind it okay, i'm going to tell you. first of all, i think in south korea, specifically a coronavirus outbreak hit a church group that results in 73 infections with 2/3 coming from one super spreader maybe there close talker there, but this is pretty scary stuff the outbreak in korea reminds me of how difficult it will be to keep the virus from spreading if it goes beyond the 15 people that have it here. and don't forget we also had the two deaths from that cruise ship that was quarantined so poorly by the japanese at yokohama. it doesn't help that the united states might be facing a shortages of medicines that are made in chinese factories. we've outsourced a huge amount of our drug manufacturing to china. maybe that wasn't such a good idea do you know that hubei, the

province now cordoned off, it has 2 pharma contract manufacturing facilities ouch think dan d'amico for bringing this to my attention to which i've now called a number of doctors to be sure it is true, and it is. plus air travel further crimped which means bad news for the hotels and airlines. thank you as always to nbc's phil lebeau. here is the thing. it could have been a lot worse we could have been down as we were earlier in the day. plenty of stocks were down hard, including a wall of shame worthy quarter from viacom cbs that sent its stock plummeting, and norwegian down near 7% i understand the weakness of norwegian. they needed to cancel cruises in asia and the publicity from the epidemic is about as bad as it gets but viacom-cbs i found that astounding.

a two plus two equals five situation, including, including, including, including right here, our set, our show. our set, our show. right here our set, our show, you, me i now feel it's more like two plus two equals three, which is why so many large investors just gave up on this thing. i think we might have to break out. i don't know if you remember i think when we have to break out the "mad money" wall of shame again if things don't improve at that terrible horrible no good very bad situation. it's been a learning experience for investors who want to chase deep value, including my charitable trust, unfortunately. you know what i'm going to do? i have to break out the post-it put viacom c on my forehead to remind people how stupidi was to believe in this combination, even if it causes an outbreak of pimples. there were some real winners the biggest, domino's pizza. up more than 25%

we're going to be talking to domino's later how about zillow reported some numbers that weren't as bad as feared bottom line, breathers like this one can extend the life of a rally. but without good news on the virus, i'm pretty certain that we'll have more breathers down the pike so be prepared right here he was, right here. you think i forget this stuff? you think it doesn't matter to me you think it goes right over me? you think i don't live with it ralph in ohio, ralph >> yes, mr. cramer >> yeah? >> caller: a year and a half ago you had on your show a chart of the five top oil refinery gas stocks >> you bet >> you had mayor on the petroleum as number one on your list. >> yes. >> my question to you, mr. cramer is because of intelligence should i buy more >> you can buy more.

now i have not been a fan of the oil stocks i don't know whether people may realize that but this is a refiner, and a lot of what's bad about the oil stocks is good for refining. and that's a well well run d price for speedway i'm okay to that i am unremitting in my belief that long-term, even though we have a nice little rally brewing, long-term, the oil stocks, no we're going to put them into the virgin glactica. that's a stock that keeps going down after their later day stadium. jamel in delaware, jamel >> caller: hello, jim. long-time listener, first time calling in two months ago, and then the next morning, i went and i bought shares of it. and now i am up 60%. i wanted to know is it time for me to sell or keep it? >> the zillow? >> caller: yes >> no, don't sell.

first of all, the division that did well, it was a great call is actually their premier edition now they're going to start getting the home sale division, i think this one is going to go much higher. congratulation, mr. barton that was a very nice quarter hank in new york, please, hank >> caller: hey, jim. >> yo, yo. >> caller: i love your show. i called in two years ago about dexcom since your call, the stock has gone through the wroroof >> she recently got the tandem insulin pump and the control iq and the basel iq features are amazing. we love the pump, but the stock has been on a tear would you buy it here? >> see, that's the problem thank you for talking than dexcom that's one we've been behind i don't know, maybe since the

40s. tandem we made a really strong push on. and my problem with telling you to buy it now is people were very angry at me that we pushed this thing and it didn't go up immediate by it's now heavily shorted i will stick with dexcom, because i've got to tell you, that's the better mousetrap in a horrendous disease as you know from your daughter kevin sayer, thank you for coming on the show so many times. tom in kentucky, tom >> caller: jim, boo-yah from the bluegrass straight. >> i love the bluegrass state. love the horse museum, so fabulous go ahead >> caller: many thanks for your dedication and inspiration my wife and i retirement is much happier. >> that makes me feel great. it's been a long day because of channel 2. so now i feel a little better. what's up? >> in light of the hostile take over by xerox and carl icahn and

hewlett-packard, i'm interested in your outlook. >> you know, they ought to given reek kay loras a little break. he has done a terrific job, and i got to tell you, i know they want him to buy xerox in the end. i hope he doesn't have it. i would stick with hp because i think he is doing a good job enrique is a good man. and boy, they're not even letting him have that job for six months before they're all over him like a cheap suit, like that chute i wore when i went to goldman sachs. it's about time the virgin glactica cooled off for a few seconds. expect to see more days like today if we don't start seeing positive news about the coronavirus. on "mad money" tonight, could the coronavirus actually cause another recession? i'm going to put the risk in some sort of perspective, because no one else. and then dough delivered domino's reported a piping hot quarter and its stock is really

rising is the move pie-in-the-sky, or can it continue? and i'm playing favorites and revealing my new topic in the biotech space that you may not be focused on. so stay with cramer. >> don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer, #mad tweets. send jim an email to madmoney@cnbc.com, or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com.

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♪ if the coronavirus starts spreading here, and we all have to stay home, doesn't that mean we'll have a recession when i read the commentary today about the too unfortunate guests on the carnival cruise ship docked at yokohama, or the south korean wildfire outbreak of this disease linked to a religious group, i am amazed there is still an unrelenting and overconfident belief in our ability to beat this virus everyone acts like these are all isolated one-off incidents, and

there is not that much to worry about. people seem very confident, even though there is no real sign the coronavirus is running its course hey, i hope they're right, but you need to understand the risks in case they're wrong. first, consider the seasonal flu every year according to the cdc, people 65 and over bear the greatest burden of the threat the older you get, the worse your chances of survival this is the regular flu. there is nothing surprising about that we're seeing the same pattern with the coronavirus unfortunately it's more virulent than the flu we don't yet have any antivirals to keep it in check. but at the end of the day, this new epidemic is still a lot like influenza. if you're older and you get sick with either one, there is not much we can do for you i just turned 65 i find it worrisome. second, the chinese have done us no favors by putting out statistics they're very difficult to trust. plus, know there are places where diseases tend to incubate

like cruise ships that turn into plague ships the cdc has a website that shows you how easy it is to catch something on a cruise. if we were concerned about public health in this country, maybe we should just ban all cruises for the duration the president banned all trips to cuba in june and that was about ideology it wasn't a health issue i think stopping the disease is probably more important than cracking down on cuban communism. third, if we start seeing more cases here, and i'm gling to believe you will, you don't want to good anywhere people tend to congregate if you can avoid it that's not just cruise ships it's hotels, airplane, restaurants, even concerts gdp, whether we're talking about china or here, it's a serious hit. maybe people would go out if we have antiviral drugs that treat the virus or the vaccine but sadly, neither of these things exist, and i'm not getting comfortable they're on the horizon. look, i do not want to scare you there is a good chance that none of this will be necessary. if the virus is contained and we have an unbelievably good public

health system, well, then problem solved but if it does keep spreading, you need to understand all of this stuff is on the table and any great public health people that come on the air are so good, and they're not giving me a feeling that things are fine let me make this as clear as possible if the epidemic comes here in greater numbers then people, especially older people who are more at risk, are going to stay home as much as possible because going out makes you a lot more vulnerable. can that cause a recession absolutely it's what the bond market was saying today will it actually happen? i do not know. what i just presented is the worst case scenario. it is likely probably not hopefully not. but it's a real possibility. and you need to be aware of that unlike the chinese government, i believe in cramerica that honesty is the best policy even when it's ugly or scary andrew in texas, andrew? >> jimmy james, great to talk to you again. >> thank you, man. i'm chilling >> caller: i know it's a little

late, but i have to say happy birthday because you and i share a basketball. >> it's never too late to celebrate my birthday, particularly when there is a surprise party i found out about. what's going on? >> caller: hey, my question is kind of general but mostly about costco it could apply to other home gamers or other companies. i'm up over 100% in this at what point do you get a company that is an own it, don't trade it and go ahead and ring the register before you get slaughtered. >> interest raise is a good question i feel about costco about the way i feel about apple up 100%, that means you try to do a little trimming so you can't give back that gain. but it's my favorite retailer. it's a big position for my charitable trust and if you don't want to sell any, it's okay, as long as it's not more than 10% of your portfolio. if it is, you have to sell some tomorrow all right. we already know that older people arer mo likely to succumb to the seasonal flu then younger generations. we should be applying the same

thing to coronavirus, but obviously it's much more virulent for that reason all governments should attempt to stop the spread by banning places that are incubation, including cruise ships i don't want that to happen. cruise ships are some of the best run companies on earth. coming up, the hottest biotech stock, and it's not, not on your radar scene. i'm going fill you in. but first -- >> coming up, after a sizzling quarter, will investors throw domino's a pizza party hold the anchovies cramer talks with the big cheese, next is changing things up.

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will do something so startling that even i am at a loss for words, in part because there are words you can't say on basic cable. so i can't really express how i feel watching domino's pizza surge $76 on more than 25% today. ♪ hallelujah breaking out to new all-time highs in the process instead of being impressed, here is a company that wall street has been worried about since domino's reported a tough summer last quarter thanks to online competition. while the stock made up the losses, there was still skepticism surrounding this one which is why 10% of the shares were sold short going into this quarter. then a beautiful top and bottom line, sales up 3.4%. the longs pile in. and the short sellers, they get squeezed and that's how a stock ends up rallying 25% in a day without a takeover bid can it keep climbing let's check in with rich ellison allison.

congrats on the quarter and welcome back to "mad money." >> hi, jim it's good to be with you again. >> rich, you had faith during this period when many doubt, you went in and you bought a ton of stock for the company. that because you kneplwould fin run out of steam, leaving you back to where you were >> well, jim, you know, in the fourth quarter, it certainly didn't get any easier from a competitive standpoint, but it just didn'tget incrementally more difficult so we kept our focus on the things that we know will drive our business, and we had an opportunity to go out and tap the capital markets and take another $675 million on in debt, and we worked hard to deploy that during the fourth quarter so we could set the business up for 2020 for another strong performance. >> were there people at your shop who said wow, we did great. did we do 25% great or you know what this is a breakout quarter, and wait until people see it

they're going to be astonished >> we were really happy, you know, jim, the quarter on pretty much all dimensions. and in particular, the continued growth of that carry-out business that we've been talking about for a long time. while most of the industries running head-long into delivery, which is inpatiently more profitable, we're working hard to carry the profit channel. >> can you explain to people the gross margins, how much money you make and how great takeout really is for you guys >> you know, it's interesting. so on the carry-outside of the business, the ticket is lower, but because the cost to serve is so much lower, you end up with really strong margins in that side of the business jim, this gets particularly pronounced on the coastal regions of the country where minimum wage has risen so rapidly, the cost of carrying that food to the customer is

only getting more expensive. so we look at it as a nice mix of two businesses that we can run in the same box that when you combine them together, create a great profit equation for our franchisees. >> meantime, loyalty your program is probably the fastest growing loyalty program that i follow. >> we passed the 25 million active member milestone in our loyalty program, which we were pretty happy about as you recall this time last year, we had just passed 20. it's really an area of untapped opportunity for us is to take not only those 25 million active, but the $40 million that are enrolled and the $85 million that are in our customer database and really get more targeted and pinpoint on how we present offers to them that's still an area we haven't taken fully advantage of yet >> you have never knocked competitors nor has your predecess predecessor. i appreciate that pizza hut operator considers ptions.

it's a billion dollars in debt it's a very big franchisee i got to tell you, if i'm a franchisee who is in trouble, my company is in trouble. it appears you do not have the same mosaic of franchisees that your competitors have. >> we have a much more distributed mix of franchisees across the u.s and we as the company are the largest operator of domino's pizza stores in the u.s., and we like it that way number one, we feel that everything our franchisees feel. so when i stand up in front of them and talk about what we need to do in the business, we're doing it from a place where we believe it and feel it ourselves. and also, it minimizes the risk for us that if we had any one particular franchisee getting into trouble, it could cause a disproportionate impact on the br >> it's a tough one. at one point, you talk about domino's china this is barclay's, jeffrey burnstein saying largest tapped market within domino's system.

obviously, your main concern is to the health of the employees if that's the case, how can you be open? don't you have t270 or so of now, we've only got a handful of them that are closed today. but we have quite a bit more than that that are not operating with a dine-in business today. so we're delivering product, but in most cases, we're using what we call contactless delivery where the team on the ground in an effort to look out for the safety of our team members and our customers have put protocols in place for us to safely deliver pizzas to the customers in china without a lot of direct contact with one another and as you said, jim, really first and foremost at this point in time it's not sales, it's not store openings that we're concerned about. it's about the safety of our customers and our team members >> i understand some of the more rigorous outfits, some of the precautions, some of them i'm reading are people taking temperatures of people who work

there. masks,things that i guess are now common practice in china? >> so, jim, and i'm so proud of our team dash brands in china. they put some very good protocols in place to make sure that if female members are experiencing health problems, that they stay home and don't adversely affect other team members or customers. and for those team members that are staying home for those reasons or couldn't get back from some of the more effective provinces, they're also taking care of the team members from a compensation standpoint, which just makes me really proud >> let's talk about the profblt franchise's position for enterprise growth. the chart where you talk about the average u.s. enterprise, it just keeps growing i guess it's continually worthwhile for people who are delivery people to ultimately hope and save to be able to get their own franchise?

>> yeah, so this past year, jim, we still don't have the final numbers in on store level ebitda for our franchisees. it was 141,000 per store in 2018 we're expecting it to come in really close to that in 2019 and in an environment where labor costs are rising so rapidly, you really have to keep growing sales in the restaurant industry today, just to stay flat or to get any growth out of unit level profitability we're happy with where the cash on cash returns are there today. and at an internet level as our franchisees continue to grow, that gives them an opportunity to drive more ebitda at their overall enterprise level it also creates great opportunities for folks who have joined us as drivers or assistant managers to ultimately become a domino's franchisee and fulfill their dreams. >> i want to congratulate. we've been with you, never doubted you, and wow, what a quarter. rich allison, ceo of domino's

pizza. thank you so much, sir. >> thanks, jim >> always been right the whole way, and still is. "mad money" is back after the break. at today's best western, stay two nights and get a free night for your next stay. one night, two nights, free night. book now at bestwestern.com.

♪

just because you're paranoid, it doesn't mean they're not out to get you i've been worrying and worrying that the market wasn't taking this epidemic seriously enough so we get hammered the next time we got some bad coronavirus data and today we got all that volatility in a nutshell average open down and pushed to positive before turning violently lower as we started hearing more reports of coronavirus deaths outside of china. and we got a little lift in the close. it was kind of surprising frankly we had a rally at all. if you want off this roller coaster, and i can't blame you, that doesn't mean you should abandon the whole asset class. that's what people are saying in my twitter file. that's a mistake instead we want to look for stocks that can work in a crazy market that whips back and forth between euphoria and coronavirus terror in other words, you want names with what are known as uncorrelated returns i typically don't use that kind of thing because it's wall

street mumbo jumbo, but it means things can keep working regardless of what happens with the outbreak what fits this bill? biotech. a rough day because of last night's debate where elizabeth warren practically ripped michael bloomberg's heart out on live tv and bernie sanders made it out mostly unscathed. sanders and warren, the two most hostile to drug company, they could be a formidable pair it was good night for them and that translated immediately into a bad session for this sector. i've been waiting for that to happen with these candidates saying what they'll actually be able to do, if they end up in office, it's a different thing that's why drug stocks are perform swoelg, and it's wo well tonight i want to focus on something i don't usually talk about. it's a biotech, a smoking hot vertex pharmaceuticals we've followed for a long time

but haven't followed it up the high-priced drugs for incredibly rare conditions with a whole suite of cystic fibrosis medication terrible disease after being run in early 2017, vertex fell off the radar for many investors they traded sideways, bounced between the 150s and 180s. last october they announced the approval of its fourth cystic fibrosis drug and the stock ignited. it's now at that and a lot of experts are calling it the most promising story in biotech. i think they may be right. so we got to talk about it tonight because there is a kind of a reshuffling in this group, and this is the one that's winning. first of all, vertex has become the leader in the fight against cystic fibrosis. this is a brutal genetic condition. it causes your lungs and your digestive system to flood with extra sticky music, making it hard to breathe and it eventually does wreck your lungs. that's why the average life

expectancy for an american suffering from this disease is a tragic 37.5 years. cystic fibrosis is not a small disease. it affects 75,000 people in the u.s., europe and australia, with a thousand new cases in the u.s. every year and that's why these orphan drugs are so expensive nobody would invest in these life-saving therapies if they weren't allowed to charge a leg and an arm it's not enough to make a hugely profitable drug without the orphan rules since 2012, they've come out with four cystic fibrosis drugs, the most recent just launched last quarter and that's driven some spectacular revenue growth 1.7 billion in sales last year they did $4 billion. meanwhile, their earnings have surged from 85 to 533 a share last year. why did the stock explode higher last fall? it's because vertex's newest drug, tricafta which can potentially help 18,000 cystic

fibrosis patients in the u.s. got approval five months earlier than expected. vertex was ready as the roll-out was almost immediate as ceo jeffrey lyden told our own meg tirrell in october -- >> the simple answer is yes, we are ready. we have built an appropriate inventory. we have plans to get this drug out as quickly as we can to all the patients who are waiting for it here in the u.s >> if anyone had dourkts virtue text put them to rest when it reported its latest quarter a couple of weeks ago. wall street expected about $120 per share. get this they give you 1.70 here is how lyden was lying. most of that beat came from trikafta sales the analysts were only looking for 95 it's a top selling drug out of the gate and i'm told there are variations of this in the pipe thanks to this new drug, vertex

can treat up to 90% of the people who suffer from cystic fibrosis there are 18,000 patients eligible in the united states. that's 6,000 more than their older drugs could help, and that matters. it didn't fake long for the analyst community to realize vertex is something really special here in the last few months we've seen three analysts call this thing some variation of the best story in biotech that's why i've been remiss. i should have brought this to your attention earlier see, in december, it was credit suisse's evan seagerman telling vertex the best growth story he is so excited about the pipeline beyond cystic fibrosis. they're working on drugs for some blood disorders like the terrible illness that is sickle cell disease, and beta thalis thalisimia and another genetic condition that can cause serious lung and liver damage, including sir rosa and emphysema

also remove their topic destination for vertex they thought it would run too much don't forget, they play a powerful role in some of the terrible epidemics we've had i sure hope that they come up with something for coronavirus in december, jp morgan's biotech analyst named vertex one of his top picks for 2020 based on similar logic, he says, quote, this is the cleanest story in biotechs. and the next 12 months offers potentially something for everyone wow. finally, just this last week citigroup ranked the large biotech names and named vertex its top pick, thanks to its good growth, long patent life and only $63 million vertex could be the next entry in the $100 billion market cap club that would represent a 57% move from where the stock is currently trading. that's why you must, must, must keep this in front of you if the stock comes down

where do i come down i don't think you're too late to party with vertex if you buy at these levels this is a real company with phenomenal sales, monster earnings, great pipe in fact, it trades at just 23 times next year's earnings estimates. that's absurdly cheap with a company with such rapid growth the bottom line, vertex got dinged today it's widely considered to be the hottest biotech story of the year, one that has accomplished something that was unthinkable not too long ago, a mere triumph over the scourge that is cystic fibrosis >> stay with cramer. can we go get some ice cream? alright, we gotta stop here first. ♪ ♪ from smarter atms, to after hours video tellers ♪ ♪ comcast business is connecting thousands of banks to technology

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free, free, free. ♪ that's right, turbotax free is free. free, free free free. it is time it's time for the "lightning round" cramer's -- >> buy, buy, buy >> sell, sell, sell! >> buy, buy, buy [ buzzer ] >> and then the "lightning round" is over are you ready, skee-daddy? time for the "lightning round" stefan -- steven in florida, steven >> caller: hi, boo-yah, professor cramer thanks for taking my call.

my girlfriend andri big fans as a chevy camaro owner, i'm curious of your opinion on gm. >> no, i think gm is of the past no matter what they do, they try to close plants, try to rationalize. i think it can go up, and it's value, it's going to go up over time but not great i think it's going to perform less in the market let's go to samir in florida samir? >> caller: boo-yah. >> cramer. how are you? a follower since 1999. there. >> you go. >> caller: and i have my son over here, devon he is 14 years old he has a question for you. >> sure. >> caller: hi, jim i wanted to know what you think about the stock okta and wish me luck on my future investments. >> that's a cramer family fave, okta it is what i call, young man, it is a highflier todd mckinny is doing a great job. i would not buy it at once zscaler is down. that could make okta go lower. maybe you pick it at that way and thank you for watching

[ buzzer ] no, no, no i'm going douglas in new jersey, douglas? >> jimmy chill >> the chill is in the house >> caller: big boo-yah from the chilly jersey shore. >> man, i'm an asbury guy myself what's going on? >> caller: let's go to work, shall we jim, what are your thoughts on fran franco nevada? >> i like it here is the problem. i happen to like barrick gold even more. and we're going get to the bottom of that it was bakish light, which is a new verb it's an adverb it's adjective does it really matter? it's what's going wake me up in the middle of the night. let's go to drew in florida, drew >> caller: how are you doing big fan. today they released a positive earns, and you've got david

tepper in the picture. >> yeah, i know. but this thing is such a battleground i looked at it i decide ed it was a dice roll and that, ladies and gentlemen, the conclusion of the "lightning round. [ buzzer ] >> the "lightning round" is sponsored by td ameritrade ♪ ♪ it's a masterstroke of heartache and redemption. the lexus nx. modern utility for modern obstacles. lease the 2020 nx 300 for $359 a month for 36 months. experience amazing at your lexus dealer.

it's been a wild and crazy short week for the market.

between coronavirus fears, soaring spec stocks, i think there is no better time than now to check in on your portfolios to make sure they're diversified. we haven't been playing it enough i hear your choices. i answer them. tonight we're playing am i diversified. you call me and tell me your top five hold, and i'm going tell you how you're doing maybe you need to mix it up a little bit first up is dane in florida. dane >> caller: hey, mr. cramer, how are you doing? this is dane from the great city and state of gulf breeze, florida. big boo-yah to you, sir. >> i like that whole attitude. it's very good let's go >> absolutely. so i have a portfolio currently made up of five stocks and if i could go back ten years, i would have loved to have been listening to your show and just gone straight into the spider index however, i'm currently have a portfolio of amazon, cisco, johnson & johnson, microsoft,

and pepsi, with the one laggard there being cisco right now. and i'm curious your thoughts am i well diversified or should i look elsewhere for any one of those little things. >> pepsico, that was one miss. look, dane's got horse sense gulf breeze, by the way, is beautiful. just so you know complete the circle, you know what i mean? okay microsoft, class of the field tech i'm calling amazon an all around retailer j&j. one of the best pharmaceuticals have you noticed that these have been percolating despite the lawsuits pepsico, charitable trust name and cisco was disappointing. you cisco and microsoft. we're going have to eliminate cisco and go with about a industrial, because the industrials have gotten hot again. it's time to pick up honeywell doing a terrific job, despite slowdowns across the boardch ofa tony in california, tony tony, you're up.

tony tony maria? tony "west side story" joke tony okay >> we're going get scott. >> why don't we go to scott? why don't we go to scott in my home state scott? >> yes >> go ahead, you're up >> caller: am i diversified? ntlx >> uh-huh. >> caller: ring central. >> can i help you? >> caller: preventas, disney and apple. >> okay, let's do some work here we've got an oil -- -- no. i really -- these are the stocks that are killing everyone. anybody who owns them is probably feeling great about bernie sanders because they're giving away money to other people because they own these. and this is a publicly traded

yield performer and mlp, and it's terrible. now we got disney. bob iger use distinguished himself as a guy well ahead of the pack ring central has been a horse. it's one of the best of the internet stocks that we follow, serves and business communications ventas, deb, please come on. that was a really nice quarter we've got tech, software as a service -- we got disney, entertainment, and ventas, a real estate investment trust run by our fave deb. and it was a magnificent quarter. paul in texas. >> caller: boo-yah. >> boo-yah, paul. >> this portfolio is international companies headquartered in london. so if you have any additional information about it besides being diversified, i'd appreciate it. >> okay. >> i have bt, bti, british

american tobacco. >> gsa, glaxosmithkline. >> right. >> and national grid and reo rio pinto. am i diversified >> holy cow, are you ever british in your orientation. so glaxosmithkline, drug company. by the time, king of the vaccines british american tobacco, i don't care for tobacco which is the old oil. but it's got something to say for it bp is the new oil. it's doing absolutely horrible it's one of the reasons why i turned the page against the stocks it never really gets the okudos that it deserves and rio tinto is a mineral company, a drug, an oil, it's unfortunate oil and tobacco. there is a loft unfortunates there, but it does have the virtue of diversification. wow. britain, huh national grid is a good company. i used to pay them all the time.

anyway, why don't you stay with cramer

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♪ >> stay right there. you don't want to miss a cnbc special report on the coronavirus outbreak hosted by my friend tyler mathisen you know how i feel about this i think we're a little bit too overconfident when it comes to the virus. now zscaler reported tonight it wasn't up to snuff. i thought it looked okay, but you know how things are with the highfliers virgin galactic is starting to come in. please wait until that thing is back under 30 if you really insist on buying it. it is a very expensive stock and

you've got to be very careful with these highfliers right here, right now. they're not working. i australia like to say there is a bull market somewhere. i promise to try to find it for you right here on "mad money." i' good evening, everyone i'm tyler mathisen we are on day 53 of this global health care crisis just as flu season hits its peak the cdc says it is helping hospitals prepare just in case for a major coronavirus outbreak here >> the window of opportunity we have now may close >> a new warning tonight from the world health organization. the virus may just be beginning to spread. this as south korea starts reporting clusters >> we are now tting our first