we'll see you in two week, good friday, the market is closed next friday and most importantly, if you missed it earlier. a happy 50th wedding anniversary to the two people i care about the most in winchester, virginia i wish i could be with you tomorrow, but anniversary tomorrow but i can't be well. mad request jim starts 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 i'm just trying to keep you from losing too much money. it's my job, not just entertain, educate, teach you call me 800-737-cnbc or tweet

me @jimcramer. i have to be honest with you, we could be on the verge of a depression, not a recession, a depression if things don't go right. worst monthly report since 2009. 700,000 jobs lost and that doesn't even cover the last two weeks where we had 10 million jobless claims the bad numbers are just beginning, which is why the averages got hit today, dow losing 361, s&p 3.1%, nasdaq falling. it could have been worse earlier in the day, it was bad this is going to be a brutal period if we handle things right, it will be a short depression i would call it a decession or a repression but the first sounds silly and we don't want a repression can we have a mini depression? we're in unchartered waters. i hope so. still, i think we're making real progress in the economic front today, small businesses applied for hundreds of billions of dollars in loans that will allow them to stay open in a tough

period and the government will forgive those loans if you pay your workers full disclosure i applied for it myself for my two restaurants today. banks are furiously trying to process these requests i celebrate this plan as the best it can be, and the community banks are signing up people in incredible numbers i want to make this right here, do i ever make this a grumble free zone for a moment grumble free about a plan done too fast for banks but fast enough to give hope to a beleaguered nation of businesses and workers represented by 85% of the economy here is the problem. as much as i love the government is keeping businesses on life support through a difficult period, the other day, no customers. is it difficult to maintain a business with no customers tough call i'm going to try even with government assistance it's not worth trying to stay

open or, in my case, you know, we're closed they made us close however, the program is generous enough that in most cases it's worth taking the money, trust me it's a big task to deal for small businesses, you should absolutely apply for one of these loans if you're watching and part of this definitely go for the grant part if you have any desire to keep your company going until the pandemic is over and things go back to normal, look into this go to the community bank go to the bank of america. i just -- this is going to take some intestinal fortitude, which is in short supply and this plan helps. i can't blame anyone for wanting to throw in the towel. stocks the truth is, we aren't testing enough people, we aren't obeying the stay-at-home orders as religiously as we should worst of all, the virus is just terrifying, until we get a vaccine or drug that alleviates the symptoms, we can't truly beat this thing.

we need the government to keep the economy in suspended animation until there's a real solution the best we can hope is to line up another program on the $2.2 trillion package congress passed last week i spoke to nancy pelosi this morning. safe and sound 30-year treasury bond set at 2% to crush covid, money that could be spent literally paying people, stay in your homes total month lockdown lockdown stay in your home. here is some money each household would get a monthly script, $1500 if you qualify, it comes in the form of a ticket if you go outside for something nonessential, law enforcement catches you, you get a hole punched in your ticket in the meantime the government will pay your rent or your mortgage or your health insurance until the lockdown month is over. is that too much to ask? that's how we'll win we use that month to roll out testing sites everywhere then when the month is over, we'll have the virus contained i know this would be very expensive, but long term i think it will be a lot cheap eer to te

the hit up front lo month-long lockdown, uncle sam has you covered they'll we'll get back to a normal situation much sooner. grumble free zone. without a national lockdown, which is exactly what dr. fauci wants and he's our hero. people will -- can't afford to stay home. virus will just keep spreading if you keep going out. people keep going out. with that in mind, let's go to the game plan for next week. it's a light week ending with market being closed on good friday monday is all about the covid numbers. mainly the new infections and, yes, new fatalities. we have followed scott gottleib on twitter you'll know everything on monday we know the numbers will be horrendous i think these numbers will color trading as we wait to hear about bending of the curve that doesn't seem to be within reach any time soon. lots of people still don't take it seriously that attitude is starting to

kill people. money will flow out of the stock market we're undergoing a wholesale because business will be softer than anyone expects. the only good numbers will be the applications for the payroll protection program we want them to be so big that it overwhelms the program and congress needs to appropriate even more money. why is that good it shows confidence. it would show us that businesses are willing to tough things out rather than just bailing as we head into a mini depression. why even bother to own stocks if the economy is about to get incredibly ugly, this mini depression will end once we get a vaccine or powerful antiviral. once that happens i'm betting on what we call a v recovery, okay? a v-shaped recovery. you don't know when you're going to get to this you buy on the way down. we already got this part one buy on the way down so you can capture the furious bull market of the v remember, i always recommend gradually. you don't know if the v is here and we're only right here. i can't tell you yet this is about sieps.

this is science. and i'm about stocks back to the game plan. le levi strauss reports on tuesday. earlier in the week, a good story about calvin klein but it didn't matter because the stores that carry its merchandise are all closed now levi is pretty much the same i saw the ceo during the super bowl stock was double the price great company. doesn't matter mortgage applications, home buying has been a real engine of the old economy. i bet these numbers collapse how are you supposed to buy a house if you can't visit the property virtual. get the virus contained, you'll see a horrendous number. it's going to cause things to go down again thursday, a report i never would imagine would be controversial, wd-40, loveable and reliable lubricant company, disappointing quarter. these short sellers. it's tough owning stock these

days, short seller with a very long brief very negative. you want to buy wd-40 wait until we see what management says first. no need to court danger. mercifully on friday, they got the day off. maybe we can regroup it's a treacherous time. i still anticipate the market will retest and we're not there. we're not there yet because of this the bottom line. once again, i have to emphasize this is mainly a public health crisis that morphed into an economic crisis. the only way to get back to normal is defeating this plague, which is why the government needs to go all out until it does drew in minnesota. drew >> caller: booyah, jim. >> booyah, drew. >> caller: i want to hear your thoughts on twitter. >> i read the goldman upgrade today. i think it makes a lot of sense. i think the stock is cheap however, let me say, stocks are not going to bottom when we have

this tremendous s&p selling every single day so if you want to buy twitter, buy and sell under 20. rick in utah, rick sf >> caller: jim, thanks for taking my call. >> you're welcome. >> caller: i currently own stock and with at&t being over 7%, it looks very attractive to add more at&t stock to my position my question is, do you think at&t is going to be able to keep paying that dividend >> a very negative report out today, and they're a very good firm i read the report. it did say that the dividend could be in question the company has disagreed with that when i read that, it made me say oh, my are we reaching for yield? i don't like to reach for yield. you can follow along what we do by being a member of my club, the cramer club.

we own verizon safer. giovanni in michigan giovanni >> caller: hello i have a question for you. >> absolutely. >> caller: booyah, jimmy >> just a sec. who is this young woman? the boy is giovanni? i thought the dad was giovanni what have you got? >> caller: my question for you, jim, is do you think the stock is a buy or sell in the market >> giovanni is a young person. a young person shut bet with elon musk. and those numbers were good. by the way, the numbers come out immediately and the bears say it's another idiot, blah, blah, blah all i can tell you is i think the guy is real. we changed our mind, started liking it, goes back down. i'm a believer i wouldn't leave her

how about giovanni isn't that great william in new york, please. william? >> caller: hey, booyah, jim. >> booyah, william. >> i just saw -- i have america, it's been up and down the last few days how do you feel about this company? >> no, no, no. put those in the same sentence we've got robert ford now new ceo at miles white don't put abbott labs in the -- it is too inexpensive. i like the stock yours is too speculative for me. anyway, it's a treacherous time we may be headed into -- a mini depression, a depression, but it will end it ends because this is a biological problem, not a financial one, but it's become a financial one. with news that corona beer is halting production because of

the coronavirus, wondering what's ahead for consolation brands, i've got the ceo by the way, they've got plenty of beer, don't worry about it. is it possible to find any stocks with no hair on them? i'll give you my take. and looking for under-the-radar play on the stay-at-home economy i've got one for you and i'll reveal it. so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an email to madmon madmoney @cnbc.com or give us a call at 800-743-cnbc mi sssomething head to madmoney.cnbc.com. we cannot do all the good that the world needs.

but right now, the world needs all the good that we can do. to everyone working to keep america strong, thank you. mom! look! take something that can wipe you out? or don't, and fight through every second. new quick-dissolve nurtec™ can bring you back when migraines attack. just one dose can work fast and last so you can keep going. don't take if allergic to nurtec. the most common side effect was nausea. nurtec one migraine. one dose. onederful™ but right now, the world needs all the good that we can do. to everyone working to keep america strong, thank you.

okay how bad will the lockdown be for pacifico and the inapartly named corona, liquor brands have seen the stock plummet from 2.10 to 1.32 that makes sense, bars and restaurants are now closed same time mass of surge in consumer alcohol sales because how else are you going to cope with this lockdown the actual results were phenomenal this morning. period ending february, a monster 32 cents earnings beat off a $1.64 basis, 6% beer beer sales did particularly well management declined to provide forward guidance because we have no idea how long the lockdown will ask later rallied in the afternoon

after the comp scores were completed and managed to end positive in a really bad day we need more context here. terrific ceo of consolation brands, how the company is holding up in a coronavirus world. welcome back to "mad money." >> thank you good to be here, jim. >> i've got to tell you, bill, i read through the quarter and the quarter was downright remarkable and what was really incredible to me was there was a lot of people who said, you know what the beer story is over i'm starting to believe that the beer story is just beginning, because the times are stuff. >> i think that's accurate you know, one of the things you always see in tough times and recessionary times is people buy the brands that they trust and when you think about modelo, corona, naomi and crawford, we have a lot of brands people trust and that's what they go to in tough times like this. >> can you explain for people what happens in terms of at-home

versus bars and restaurants that are closed because it seems to me that people will drink beer wherever they are. >> right you see a lot of channel shift you see this in many recessionary environments. this one, admittedly, is a bit unchartered because one piece is really closed, but -- and you do see channel shifting and you see people buying more and you see them consuming it at home. and given that 85 to 90% of our business across all three sectors is done in the off-premise, it works to our advantage to some degree. >> when i was going over the quarter, if it had not been for this tweet about essential, nonessential, i think the stock would have been up 10 points, maybe even 15. really bad day for the market. can you explain what it means deemed essential versus nonessential and the fact that you have enough beer on hand that we shouldn't even be thinking about this yet? >> no, you shouldn't be.

we have over 70 days on hand between our dcs and our distributors in this country, in canada and likely in mexico, you see certain things deemed essential. in this country, alcoholic beverage is deemed essential and so the opportunity to continue to sell and to meet consumer demand is there we have the supply to do it. >> now, two exciting things. we now have the spice seltzer. how is that going? do you have a little read? >> oh, yeah. it's off to a great start. acd approaching 50% in the first month, which given there were challenges at retailers. velocity is going very well. that's improving week to week. we're very excited about the success of seltzer so far. >> and then the other -- your canopy drink, i guess we can't get that here, right >> not yet. >> but the edibles and the drinks, how are they selling it looks like you were exactly what we thought, the last man standing nobody else really has any money in that business except for you

now. >> right we're well capitalized at canopy i've got to tell you, i was up there six weeks ago, and we tasted through the beverages, and i think they're game changers they were outstanding. having been in this business a fair amount of time i think i have a reasonable palate they are superb and will make a big difference for canopy going forward. >> enlighten us in this. i was always worried what's the proof? how many can you have? what's it like do people drink it at home i'm worried that, frankly, i don't know how much it would take, do i drink five and i'm buzzed how does it work >> this is where brands are going to matter. and this is why the work that we're doing is all around the branding people want to have trust. it's the same thing i said about modelo and corona. people trust those brands. they're going to want to have trust in brands that they consume in the cannabis space as

well canopy will bring that capability and that bank roll to be able to talk to consumers about why these are exceptional beverages and why you can get a consistent experience time after time. >> you got a new ceo there he's a person we all know. he's a business person how is he making that into a real business now? >> he's bringing focus and discipline, which admittedly was one of the real things that was required there so, we're very pleased with what he has done so far he is focused on getting canada to profitability he's focused on getting to cash flow positive. and we couldn't be happier with the start that david has had there. and, as you said, he is an excellent businessperson and we think that that is going to -- he is going to be a great leader for that business going forward. >> he used to be the cfo of canopy and he is a fantastic businessperson, which is what that industry needs. don't have a lot of them here just in -- a couple of things

modelo special out of nowhere, number four brand? >> it is you think about places like california it is bigger than the next two premium domestic light brands combined it's a huge brand in many critical markets it's number one in chicago it's number one in the state of nevada this brand is just scratching the surface, considering that it is the number four brand overall in the united states. >> and then corona premier out of nowhere >> second year we're up 19% it's done extremely well again and it really meets that betterment proposition that a lot of consumers are engaged with today you think about it it's low car bchb, low cal this is what people are looking for. it fits in a perfect niche with a brand they trust in corona. >> debt pay down at one point billion for fiscal year 20 still

giving -- able to pay down a lot of it -- the cash flow is still great, right >> we had our best year ever in cash flow. as you know, when you play in the premium end of the business, you're playing in the growth end, plus in the higher margin end. >> right, right. >> a great cash flow and allows us to pay down our debt. >> last question but why do companies have to give guidance? there's no way you know what's going to happen. you got your business. you put your nose to the grind stone and then why do we have to focus on some forecast when they would be depending on some doctor who solves the problem here >> that's right. when you look at our march, our march has been superb, but some of that, obviously, is pantry loading. and you don't really know where it's going to land we viewed it as risky to say too much because we studied this very carefully we know what happens in recessions but it's unchartered waters and we felt rather than giving something that we had less than perfect confidence in, we would be better off giving guidance

later when we had a much better understanding of how things are going to work out. >> i appreciate you coming on. i wish it hadn't been such a bad day. this stupid tweet. what matters to me is that you were building the base for a recession stock. >> we're recession resistant. >> you sure are. >> that's good for our category. >> stay safe. >> president and ceo of consolation brands sdz it's what you buy when you're going into a recession "mad money" is back.

we cannot do all the good that the world needs. but right now, the world needs all the good that we can do. to everyone working to keep america strong, thank you.

but right now, the world needs all the good that we can do. to everyone working to keep america strong, thank you. it's getting harder and harder to find stocks with no hair on them when a stock has hair on it, it's not like this it's like finding a hair in your suit something is very wrong. you didn't anticipate. i don't mean the obvious losers.

retailer, smash restaurant, stock and cap, macy's, you knew what you were getting into sorry. no i'm talking about johnson & johnson. that's a classic recession stock and long-time cramer, changing isn't the best pipeline in the industry, not to mention future play balance sheets on earth this is exactly the stock you would work during a slowdown except not this time see, this time there's some hair on it. j & j has a decision that sells knee replacements. every hospital bed taken up by coronavirus patients needs to hold off on that kind of surgery. with the stocks 20 down from the high, you know, we should buy more there's always some big shareholder out there who hasn't even heard yet that they have something involved with knees and elective surgery, and they're eager to write off j & j as a bad business because of the subpar orders in replacements. same thing happened with coca cola i always felt, always, this was

the only recession-proof stock that could put a dent in their earnings we should be used to this by now but there's always someone who doesn't seem to know that stocks sells at 21 times earnings and they might have an open-ended spending problem i ran into the same problem with one of my faves. you follow along fantastic dividend avi is acquiring allergan. great business long term, but right now doctors are loath to do nonessential procedures which includes cosmetic surgery and botox. wrinkles or crow's feet for the duration there are worse hardships but it's putting a wrinkle in abbvie's numbers big breakup/merger with raytheon i heard someone on the street

this morning ever since the initial coronavirus outbreak in china, the division has been an albatross around its neck. now united technologies and raytheon have emerged giving you premium space and defense contract unfortunately that's not as great as it used to be because aerospace is a bear market now air conditioning business that had been so red hot when there was a lot of construction. there's not a lot of construction the year of covid suddenly otis is the one division i like because it's focused on china. now that they've beaten covid they have the strongest economy in the world, save maybe taiwan. it's insane. finally, the recession-proof stock that i think the world of. and i'm talking about mccormick. yes, the spice and seasonings maker. they're thriving because so many people are cooking at home remember, people are staying home doing their work. mccormick gets a quarter of its

sales from food service and food supply they give it to restaurants. you've seen their stuff. fortunately stay-at-home story is so fabulous for the consumer business that it more than makes up for the commercial weakness that's why mccormick is a terrific story only problem is there's always some schmoe who doesn't know about the commercial exposure. now they've been immunized against those worries. in one of these down drafts do you know what we're going to get next week? i would be a buyer. david in new jersey. david? >> caller: hey, jim. booyah from the jersey shore. >> oh, man i miss point pleasant. >> caller: yeah. well, they closed the beaches anyway. >> i know. yeah, i want to go down to ocean grove with my daughter but i can't see my daughter because we're all on lockdown separately from each other. this is crazy. >> caller: maybe you'll have some time to read a couple of your books i have on the shelf now. >> thank you, sir.

what's going on? >> caller: yeah. so i'm looking for some accidental high yielders and i came across walgreens wba. they have a pretty good dividend they've got a pretty good earnings report and they're trading at year lows i'm wondering if that's pretty good. >> david, i'm going to save you some trouble, just in case i ever see you at jenkins there in point pleasant they had a really bad last half of the quarter i think the next quarter is going to be bad. people aren't going to the stores stay away from walgreens if you want yield that is not the way i want to get it at wba. but thank you for the kind words and buying the books robert in california, robert. >> caller: booyah, cramer. my question is as we know, lots of people are working on the covid vaccine and treatments, including gilead and abbott labs how much is already priced into

some of these names and which one would be the better trade? >> i will tell you i'm hearing things good anecdotally about gilead abbott is fantastic because of the test but they need to ramp that test up more from 50,000. gilead and regeneron was the best-performing stock in the s&p. i will still endorse gilead. i think there will be good nes.s it's not going to knock out the thing but some good news gary in texas, gary? >> caller: hey, jim. like everybody else, i was a little unnerved by this viral earthquake. >> who is? >> caller: i'm hanging in there. i'm afraid it's going to be followed by an economic tsunami. i ended up liquidating everything i had it all on shopify which i loved because of you picked it up 15 months ago and sold over 400. but anyway i'm anxious to get

back in, but i still foresee more bad news than good news in the near future. you know, i think someone famous is going to die or unfortunately the death rate is going to hit 10,000 or 20,000 and so my question to you is, i know you're going to tell me when i get back in to do it in stages, but the tip i want is when to look for the first stage to start getting back. >> great question. here is the issue. you know, i do like shopify so much i was telling people yesterday, the big sell two days ago when they pulled their guidance, this is ridiculous. the stock is only down 10%, it's at $41 billion at market cap we started liking it at $20 billion in market cap. how about we split the difference when it gets to 30 billion, we pound the table. if you were to buy something when we're going to be down next week, yes, and it's right i like to build it in the pyramid fashion i would get started. shopify is one of the greatest

companies on earth, a big hit for us all right. it's getting harder to find stocks with no hair on them, but those are -- these are a few that you could consider buying and i think they're going to work with raytheon technologies, it's the otis division that's independent that i like. exclusive with a company flying under the radar, new stay-at-home reality i'll reveal the name then as one of the first communities to experience devastation of coronavirus, seattle seems to be emerging as one of the first localities to offer a plan i've got the exclusive from the man who is trying to figure out what's needed most in the emerald city. rapid fire, tonight's edition of the lightning round so, stay with cramer

here is the question we know to avoid the obvious losers from shelter in place and we notice with the obvious winners, companies that make the most money when we're on lockdown what about the companies in the middle zebra technologies, which creates end-to-end solutions to allow its customers to keep track of people, equipment and data on one hand, zeeba is an important kog in the logistics machine. in theory, they should benefit from the e-commerce that makes the stay-at-home economy possible f retailers could only operate online this is a great time to upgrade their infrastructure cars and trucks may remain parked if plants close, that's also bad for business here is the thing. zebra stock has prunged from $252 to 178. i have to wonder maybe the

negative is starting to get priced in. anders gustafson, how to get a better read on how the company is holding up and how the current crisis could change the way we manage our supply chains. anders, welcome back to mad money. >> thank you how are you? >> i don't know, man i'm kind of glad it's the end of the week, i'll tell you that much anders, let's get right to it. if i am a gigantic e-commerce company, i know that a lot of my stores are closed, but i am crushing it in e-commerce. i've got huge warehouses, figure out where everything goes. i have to time it right. i have to get u.p.s. in there, the post office in there what does zebra technologies do for me to make it work >> first, you know, we supply or support many other companies that are providing essential services to the economy today. so, that could be e-commerce players and regular brick and mortar retailers that have seen

e-commerce or online only channels improve the biggest change in buying behaviors from a retail perspective, i think, has been around grocery where, you know, there's been a lot of reporting around how grocery volumes are up quite a bit, but the way people have been buying those groceries have changed quite dramatically, where people are buying online, picking up in store, picking up at curbside. that has grown exponentially. >> i think people don't understand that the right box, the right thing comes to you because of zebra. >> yeah. no, we help, you know, retailers, brick and mortar retailers to make sure their supply chain or merchandise can be stocked, supply chains keep flowing and shelves are stocked as well as making sure that they can scale these new online channel buying behaviors properly. >> i've got to tell you, one of

the things that's happened in this pandemic is we have discovered that we don't know where anything is when it comes to health care, whether it be the ventilators, whether it be the ppe, this protective gear. if you were made czar of the ppe logistics, what are the actions you would immediately take to get a better handle on the global ppe supply chain? >> first, i'm confident that i won't be made czar of the ppe world. if that were to happen, we would be in trouble. second, i would say, though, that i have deep appreciation for all the people on the front line who are truly helping and ensure that the world continues to operate in some form and that we have some level of normalcy in our lives here. at zebrazebra, we provide soluts that enable logistics or front line employees in logistic companies to operate more efficiently, in distributing ppe

equipment as an example or any other kind of merchandise or goods. so we help transportational logistics companies get much better disability into what ppe equipment they have or any other kind of inventory they might have we help them locate it and we do this in real time. we also help to orchestrate the work flows and the -- how the goods flow through their supply chains and we have to do this at scale. >> you know, i've been a huge fan of the company for a long time, but some of the analysts were unhappy you've got this gigantic post it was painful. people said it was delayed and because it's delayed they don't like your stock as much as it's used to. is it possible you could pull forward and have it happen sooner these people who are naysayers were a little let down that this

usps thing didn't occur instantly. >> first, we won a number of the largest postal systems worldwide and usps has been our largest contract to date ever for the company. we are very excited about the new or expanded relationship we have with usps and how we can help them optimize package delivery and execution across their networks the rollout is really determined by usps. and the end gate today is around previous service they have to have all their new devices before 3g service is taken down, expected to happen by the end of next year. we are currently forecasting based on the information we have from usps about the delivery schedule but they could be -- you know, they certainly have the ability to pull it in. >> okay, good. because i hate to give up on something that is obviously so

huge and will be in the big numbers coming up. anyway, thank you so much, anders, for coming on the show always great to talk to you, sir. >> thank you so much. >> anders gustafsson, ceo of zebra, in the e-commerce and logistics world. (vo) quickbooks salutes those who work for themselves. they're adapting to support their communities. but many need our help. if you're a small business in need, or want to help a local business, go to quickbooks.com/smallbusinesshelp intuit quickbooks.

- [female vo] restaurants are facing a crisis. and they're counting on your takeout and delivery orders to make it through. grubhub. together we can help save the restaurants we love. it is time [ buzzer ] >> and then the lightning round is over. are you ready?

let's start with neil in virginia neil. >> caller: hey, what's going on, jimmy chill? >> the chill is in the house. >> caller: what's going on i've got a question about ultrix. >> that's the kind of stock that when the smoke comes out of this market and we go back and see what really works, it is better software than what we have people don't like these stocks right now. they always come back because they've got great growth so i'm going to say fine! let's go to sherry in massachusetts. sherry sherry >> caller: hey, jim. how is it going? >> it's going well, sherry >> caller: thank you for taking my call. i enjoy your show. i look forward to it every night. >> oh, thank you. >> caller: my question is, what are your thoughts on invitae >> very, very, very dicey. you know what?

we've got so many fabulous companies that are much, much -- that have come down so much. i would rather see you buy johnson & johnson, to be honest. let's go to robert in arkansas robert >> caller: i'm on hold to -- i'm on hold for a tv show on business channel cnbc. >> ello? >> caller: hello >> is this robert's boy? hello? i'm sorry. i can't understand what who am i speaking to >> caller: hello. >> hey, who is on? >> caller: this is joe. >> joe, yeah, give me a stock, joe. >> caller: yes i was interested in delta airlines. >> no, you're not.

you're not going to be in interested in any airlines because they're going to have to take money from the government and you're going to be so diluted, you won't make any money. ixna on that one david. >> caller: first time in a long time. >> okay. >> caller: 24, setting up a dividend reinvestment plan, realty income what do you think? >> no. no you're 24. i want you to go for growth, not -- you have plenty of time to get income. you've got to go for companies that are down and out stock but fantastic growth you should look at a stock like alterix. that would be good or octa was on last night. that's a fantastic consequen constellation brands, something like that. bianca >> caller: hi, jim stock has plummeted shortly after ipo. >> yes. >> caller: even after having a

year over year gross margin growth with unemployment rates climbing and people looking for alternative sources of income, do you think it's a good long-term buy? >> that is an interesting idea, you know what? i am glad you brought that to my attention. let me do some work on that. that's one that is new, and i don't know -- i want to give you more considerate answer. richie in pennsylvania, richie >> caller: jim, how are you doing, sir >> good. how are you? >> caller: i'm good. trying to stay away from the covid. >> smart >> caller: my question is about switch, swch with the things going on in the data center. >> look, i think data center and anything connected with it is fine digital realty digital realty has a little more going for it you want to go with switch, i'm going to bless it. why? the data center is hotter than it's ever been because of the amazing amount of traffic that people who work at home are

generating let's go to lisa in virginia lisa >> hi, cramer. thank you for everything you do on cnbc. my question is, what do you think of nokia and its future? >> no, no, no. look, if you want to go there, we had marvel on the other day mrvl nokia itself is not good enough for your money and that, ladies and gentlemen, is the conclusion of the lightning round! >> announcer: the lightning round is sponsored by td ameritrade ♪ ♪

when covid-19 first came to america the initial big outbreak wasn't in new york it was in washington, specifically seattle since then, though the state of washington has done a terrific job of flattening the curve and containing the viet russ however, to make that happen, they had to crush the local economy. seattle is the first big city to go through this. they've made real strides in coping with the damage for example, you've got organizati organizations like all-in seattle, which is designed to po pull resources and quickly deploy them to where they're needed most. one of all-in seattle's founding members. steve singh, he was the old ceo of technologies before he sold the business medrona group, now is a guy just trying to lend a hand. mr. singh, welcome to "mad

money. >> so good to see you again. >> i've been speaking with the mayor of summit, new jersey, with people who are trying to figure it out. how do we help we don't know. we don't have any idea of how to help people because we never thought it would get to this tell us what you're doing. >> so, jim, as you said, look, seattle is, unfortunately, at the front end of the pandemic here in the u.s. and front end also unfortunately the economic down graph we're seeing from the pandemic and so there's a group of people that got together, led by raj and jill singh, my brother and sister-in-law and others who said we also have to be at the front end of how community comes together to help its people. and we obviously know that with time the state and federal governments will come in and really override these systems as needed unfortunately a lot of folks who lost their jobs at pubs,

restaurants, sports arenas, they've still got mortgages, still have to put food on the table and they need help today so what we did as a group is come together and said can we raise -- our first goal was let's raise $10 million by last sunday the group has raised over $30 million. and that money is being put to work -- we vetted a bunch of charities, great charities all around the country, all around the world, but we wanted to work with charities that could help today. that next minute, help feed people can you help with their housing? can you help with health care? we were able to deploy these funds with charities that can help our fellow community members immediately. >> i've been working back and forth with treasury on the program they just launched, which does help small/medium-sized business and they're dealing with community banks. are the community banks helping out, too >> yeah, they are. obviously, this is all very fluid. and you're seeing some banks

look at the situation and say we want to lend to folks that have actually borrowed from us before other banks are taking, in my view, much more community-oriented approach, which is we're going to help businesses within our community. i happen to be on the board of washington federal bank, and their ceo has taken a position that says, you know, whether you borrowed from us before or not, doesn't matter we want to help our community. think about it this is not just good for banks, it's good for our community, which means that everybody benefits over the long run and right now these small businesses need our help, not just to make it from one day to the next these are jobs that are fantastic jobs over the long run. i heard some folks speak to the fact that venture-backed companies, small businesses employ about a third of the workforce. >> right what i'm trying to envision, this is what we're trying to figure in our town and so many others

did you start with a website did you start with donations do you have -- what is the way that you motivate people to give to you rather than -- there's so many charities i've given to richard sherman's charity up there how do you kind of -- how do you navigate >> so, this is very grassroots, right? it's myself and [ inaudible members of the business community are part of this names you would recognize such as bezos, but the beauty of this is every leader at any size company has come together and said we want to be part of this. it's that one-on-one outreach from every one of the folks that are in seattle to other members of the community, asking them to chip in. asking them to go to their networks and ask those people to chip in and be part of solve in problem. >> what you're doing is terrific it is what we're all going to have to do, because government can't solve anything anymore it's not like the old days

it's people. >> exactly and government will certainly step up and help we're seeing that happen the things we're doing all in seattle, this is going to happen in every community in our country. new york seeing this ral raleigh is going to see this every community big or small, will have this challenge the opportunity for all community leaders is to say our first job is to step up and help our people. >> steve singh, thank you. we've missed you director of madrona group. we want to show you what the future is going to have to look like for your town that the world needs. but right now, the world needs all the good that we can do. to all of our employees and everyone working

to keep america strong, thank you. and sometimes, you can find yourself heading in a new direction. but when you're with fidelity, a partner who makes sure every step is clear, there's nothing to stop you from moving forward.

think big, okay? we're going down now, and i know that, and you know it. we all know it we feel it in the stock market what we don't know is when science is going to cause this and it is going to take science. the government is going to keep it in place if you're a small business person, but in order to get the customers back, you have to have the other side, too. i am a person who is an optimist and i am confident in our scientists i don't want to bet against america, so i'm not going to tell you to run for the hills. i am saying have a nice cash position but i'm saying it's also -- just don't give up that's never right like i said, it's always a bull market somewhere on "mad money" i'm jim cramer. see you monday special cnbc program "path forward" is up next.

good evening i'm scott wapner on day 96 of the coronavirus crisis two major breaking stories a new recommendation from the cdc on masks and warren buffet's berkshire hathaway selling millions of shares it has been a wild, wild week. >> as stocks drop, president trump calls in big oil executives >> we'll work this out and we'll get our energy business back i'm with you 1,000%. >> at the same time american individual business owners flock to websites looking for federal help. >> the anxiety