>> mel, quick. the giants trade out of ford it get out of tackle and you stay at four and pick the stud. >> stay. netflix, mel 415. >> thanks 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 make you some money. my job is not just to entertain but to educate and teach you call me 1-800-743-cnbc tweet me @jimcramer. we have to stop tonight thinking about the stock market as one discrete thing.

we have three markets. maybe even more. after a day where the dow advanced 39 points, s&p declined .05%, nasdaq did one point, i want you to forget about the averages for a second or a week or a year or until the end of the pandemic. thanks to the onslaught of the coronavirus, something that no one's ever seen, we're seeing something else that's incredible not just the complete untethering of main street from wall street, but the disentangling of even small publicly traded companies and medium size ones from the big dogs that have it easy and can handle this hellatious moment. we all know main street isn't wall street. when we get another hideous jobs loss claims number like we did this morning, now we're seeing more separation, that is it's stunning. in my 40 years of investing, i have never seen anything like what i'm about to talk about so i'm going to walk you through

what could amount to a destruction of a fair share of american business that incredibly might not impact much of the stock market. at least when it comes to the markets, individual stock capitalizations. right now the stock market is divided into three buckets first bucket, the companies that are big enough and deep pocket enough to ride out this quarantine no matter how long it lasts. big businessnesses with great balance sheets are investable because ber we know eventually they'll be just fine they're especially investable when their stocks got hit on potentially fake news. like what we saw chinese did, remdesivir doesn't work on covid-19 the word in the hospitals i've been in touch with has been quite positive on this drug when used correctly, which is one reason the stock was able to bounce a little bit off its lows mainly, though, you have a whole host of well funded large capitalization companies that have the wherewithal to simply outlast the pandemic and so therefore you buy them on weakness second bucket, the companies that have been able to think on

their feet, innovate and actually come up with solutions to profit, profit from the crisis they don't like to talk go it like that, but i can these companies have good balance sheets but they've gone above and beyond the first bucket look at zoom video how much have we loved that company? up another 12.5% today third bucket, the losers >> the house of pain >> this is by far the biggest bucket when it comes to the number of companies and their myriad employees but not the capitalizations. any company that needs credit, any company that's desperate for nonexistent demand, any company that makes solid loans that are now risky loans because of the pandemic, they're all in trouble, all of them there are a ton of companies in that bucket. although for the most part, they're too small or medium size to have much impact on the overall averages problemably because the stocks have already been eviscerated for example, macy's, i hate to

pick on macy's because i love the store. my first credit card was a macy's card. it is currently in dire straits over the tiny $1.5 billion market cap it's not that much of a needle mover. the most important thing i heard was our terrific mayor, i won't even say his name because he's that terrific, said yes to having fireworks from macy's thank you. that's forward, very solid let's go in r over each bucket in more detail starting with big business with deep pockets classic example, early this week ibm, you know that company, they reported and after interviewing the c.e.o., the new fella, arvin krishna, he brought in red hat one of our faves to help customers. go to amazon web services or microsoft's azure or google cloud. i think there's enough room for everyone in the cloud business

that's growing so fast ibm has a leg up with businesses that need good encryption. think chinese stealing your data at the same time heeds committed to preserving the juicy dividend ibm reports a good quarter, stock gets clobbered i tell you to buy it balance sheet is good and business it fine it's now back up to 121. i think it's going higher. second example, the rails. union pacific, long my fave. >> all aboard. >> yes, the big west coast railroad reported so-called weak sales, cargos were out weak to subpar, exception of grain going to our friends in china, and beer hey, who doesn't like beer both of which are thriving but union pacific's done a remarkable job of cutting costs in recent years. it's so efficient that even with lackluster sales it was able to crush the earnings estimates >> hallelujah. >> i bet they keep delivering even if the economy takes a long

time to recover. they pretty much said that oh, and by the way, management committed to keep paying its dividend which currently yields 2.55%, great balance sheet of course that pay out is save it rallies $5 or 3.5%. most people thought the stock would be down. they're not thinking about the new normal how about the second bucket? all right. these are companies that were made for this moment, the ones that thrive in this new stay-at-home economy easy ones amazon, walmart, costco, hey, we saw it today with target. the point is to carve out the whole retail space leaving almost no one other than home depot and lowe's even before covid-19, these companies had the scale to get products much cheaper than their smaller competitors which always allowed them to offer you lower prices now that so many smaller outlets have been forced to shutdown already, the big box stores and amazon own the whole industry. especially if they were smart enough to start carrying food. i'm going to throw this dollar general as an afterthought brian cornell told cnbc this morning in april alone digital growth up 275%

we've just seen cyber mono can you remember almost every day, but the volume is twice the size of a normal cyber monday, end quote. the stock was down today i bet analysts rally behind it especially when shopify talked about black friday their stock jumped the next day and the next day and the next day. who else is made for this moment how about kimberly clark and procter & gamble especially consumer toilet paper because of all the social whatever we're practicing, physical this is or that our producer isn't here. she scored an 8-pack of toilet paper. i mean, holy cow, white gold yeah commercial toilet paper the kind in the workplace so, hormel, spam, that's a keeper schmucker, peanut butter, the expensive pet food we feed our dog. they don't know the difference

also oreos they're crushing it talk about liquid gold -- when it comes to idex labs. look at this if you're going stir crazy -- you going stir crazy what did chipotle tell us? just drive-thru the chipotle lane those guys know what to do then there's the shelter-in-place place zoom, video, ring central. how can i help you z scaler cramer family fame crowd strike all these companies make it possible for you to seamlessly work from home underneath is a whole infrastructure of cloud infrastructure yes, data center names, everything from amazon web services, microsoft azure, alphabet, digital realty, nvidia, amd. intel is different the so-called quarter causes weakness in the ones i just mentioned, buy them. third, stay at home. wrinkle the companies that prevent you from going crazy when you're stuck inside restaurants like dominos that deliver, you know they got a

pizza pedestal now they don't just put it right on my saggy -- i don't know if you've seen my porch it's awful we have netflix, video game publishers you get it finally, there's the unfortunate third, and these are the ones we have to talk about these are the knz that might require bailouts 0er are requiring bailouts that are closing the doors, that may be nearing bankruptcy because they need credit and can't get it banks are in the leaky bucket. oils almost all retailers, airlines, travel and leisure, hotels, you name it. the third bucket actually reflects the very real weakness in the economy it's the bucket people keep saying why isn't the market down this bucket is down. it's like the 22 million jobs lost over the past five weeks. these troubled companies are like the small businesses that need money from the payroll protection program getting reupped by congress. some abscond with the money. the third important thing the third bucket is the bigger than

the first two when it comes to employees and when it comes to the fabric of our society which is why it's so tough to own index funds here you own winners and losers i think the third bucket will do better than the small and medium size private business, but holy cow, you don't want them in your portfolio. until we get a vaccine that lets people safely go to crowded stores and restaurants and movie theaters and airplanes, they're not making a comeback. a vaccine could take a lot longer than we want. remember, the essence of those businesses is it's supposed to be crowded in this day and age, crowds are the one thing you're not allowed to have. bottom line, stop circling the wagons around index funds here you want to invest right now you have to own some stocks from the second bucket, the covid winners. and whenever the market gets slammed, you can buy members of the first bucket, 9 big businesses with deep pockets the third bucket, the losers, i think you have to sell them to any strength that we had this morning or yesterday they're too toxic to own unless we get a vaccine real soon, they're going to stay that

way. brian in oregon. brian. >> caller: booyah, cramer. first-time long time >> all right, good to have you my daughter a long time, i like your state a lot of trees >> caller: lot of trees, i agree. i have a position in wake man, 1.5% of my portfolio average price is $108. i was buying it on the way down, i thought it was covid and recession proof. got a lot of downgrade neutral is this a balance sheet issue -- >> their balance sheet's fine. you need a lot of construction for them to do well. people forget it's a construction company i like fish. i like the stock i think you should be a buyer. i think it's the right level marshall in vermont. marshall >> caller: hi, jim, this is marshall calling from burlington, vermont with a question about kraft heinz it's been struggling with debt and declining the past two years. i'm wondering if it's now safe to buy given the recent surge in

package food sales >> i will say that even that, the worst company in its cohort, i mean i am talking about a company that is the benchmark of bad, it's better than say like any cruise ship stock you might want to buy. and royal caribbean was up two bucks today. all right. the market is divided into three buckets. please choose wisely because one is real bad. "mad money" tonight, dominos, bucket 2 declined today. buy on the opportunity talk to the c.e.o. to find out if it it's well situated in a coronavirus business market. everyone was worried about earnings last week it had a strong quarter, united health group, crunching the numbers. biotech stock racing to find a vaccine for covid-19 and is the number one traded stock on robinhood. it's nvidia. i have to tell you this inovio is right down the block from me, inovio, right next to me stay with cramer >> announcer: don't miss a

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xfinity mobile. ♪ ♪ after spending the last month going higher, domino's pizza stock got hammered today, down more than 3%. that was after the company reported a good but not perfect quarter. do you have to treat this weakness as a buying

opportunity? since you know we like this, $10. for years dominos has been a leader in the reit space which allowed them to thrive during the lockdown when the company announced terrific sales numbers, it was mostly good. big top and bottom line beat there was some hair on it. turns out a big chunk of that earnings beat was driven by lower effective tax rate plus business update the current quarter, a little mixed. doing fine domestically. international numbers lessen couraging. management with long term guidance because it's impossible to make that forecast right now. i'm encouraging all companies to stop guiding stop it. even after today's pull back, the stock is up 25% for the year i think we stick with it and this week is a gift. do not take it from me let's speak with rich alison, c.e.o. of domino's pizza to get a better read on the quarter mr. alison, welcome back to "mad money. >> hey, jim, thanks for having me on. >> all right rich, let's dispense with everything here. we had a miserable unemployment

number everyone knows it's terrible i have five companies that are hiring because of demand yours is one of them, right? >> we sure are, jim. we announced a couple of weeks back that as a system in the u.s. across our corporate supply store chain, we're trying to hire more than 10,000 team members. >> and one of the reasons for that frankly is because you guys are taking a lot of shares, the way i look at it >> we feel very fortunate we've been able to remain open and operating during this crisis in serving our customers, you know, demand has been very strong and we frankly need more people out on the road delivering food to our customers in time of need, jim so we're fortunate and very grateful for the opportunity to continue to serve customers and to continue to employ team members around the country >> and some of these delivery

people are not just working for profit you are doing something that is amazing for the people who cannot eat in this country because they do not have enough money right now. >> yeah, we announced a program we call feed the need to provide 10 million slices of pizza out into communities around the country. we're providing all of the food for that our franchisees are providing the labor in their communities we've asked our franchisees to identify the need locally because they're the heroes in their local communities. they know where the need is greatest, whether it's school children who aren't getting lunch, workers on the front line, you know, in our hospitals and other first responders, or essential retail workers we're just proud to be able to serve, jim, at this particular time >> just when i thought your company could no longer innovate, there wasn't much left to innovate, how about a pizza pedestal >> well, there's not much that hasn't changed in our business, you know, in the last six weeks.

i talked to folks internally and i say we've taken 60 years worth of standard operating procedures and rewritten most of them in six weeks. contactless delivery is a big part of that and the pizza pedestal is an innovation our team came up with so that when we bring you your food, we don't have to sit it on the ground or an unclean surface. we're able to put it on top of a recyclable pizza pedestal so you can take your food in a contactless way or recycle that or we'll recycle it ourselves. >> it's a much better way because i've had some food delivered and i've said, huh-uh, no it was on my porch, on my porch. i don't want my food sitting on my porch okay, so, jeff, you'r cfo, i lov him. he said, we don't know what the new normal is going to be. that makes sense but if you had to kind of look a little bit crystal ball in the future, if this continues, is it

the new normal unfortunately a lot of the smaller guys who didn't get the ppp may not be able to stay in business >> you know, jim, i sure hope that we don't end up in a place where we don't have independent restaurant companies serving customers, you know. i know you love independents my wife and i eat at a lot of them ourselves so i sure hope that those folks are able to survive this crisis. but along the way, i think, you know, things are going to be different for quite a while. i think delivery is going to continue to be important, and contactless delivery is going to continue to be part of the new normal for quite sometime to come but i sure hope we all pull through this together and we've still got a world where you can get your domino's pizza a but you can also get your food from your local independent restaurant as well >> but the one thing i would say, rich, ritch, as someone

whoa has two of these, if you have to pull half of our seats out, it doesn't matter how much ppp you get. your profitability is going to be cut in half unless you can raise price. i am not looking at a world right now where i think you can raise price. do you see a world where you can suddenly start raising price to try to make it up when you can't do the volume? >> jim, i don't, you know. in fact, i think if anything, customers are probably going to be more price conscious as we look forward you talked a bit earlier about the unemployment numbers that are coming out and, you know, we all know in the restaurant industry, you know, folks that are employed and earning increasing wages are what really drive the growth in the industry over time. so i don't think there's going to be a lot of price head room out there for sometime to come >> last question i know that you guys advertise a lot, professional sports that costs a lot of money. is it possible that actually maybe kind of of a very strange benefit that the other guys can't advertise who might be --

who try to take your share so if everybody is shutdown from big sports advertising, it could be good for your bottom line >> well, certainly, you know, when we look at advertising going forward, we're not slowing down at all. you know, in fact, we think that in a time like this, you know, we need to lean in even more to get the messages around value and how we can safely serve our customers. you know, should we see some pullback more broadly in the advertising space, it could help us with delivery of eyeballs you know, to dominos ads and overall. it's still early in the cycle to see how that's ultimately going to play out, jim >> you're absolutely right that's a very good point want to thank ritch -- great quarter. c.e.o. of dominos. good work, sir >> thanks, jim stay safe. >> and thanks for giving all those slices away. you're a good man. "mad money" is back after the break.

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♪ ♪ now that the market is rebounding again, i want to circle back to a recession resistant company that reported surprisingly strong numbers last week that really no one paid attention to talking about united health. giant dow stock. unh is the best in breed in the managed care industry. i was a little concerned we've never hadto evaluate a health insurer in the middle of a pandemic before. so there are a lot of open questions. could it crush them? who knew we know that managed care industry can keep delivering during a recession, but what about a public health emergency? the market wasn't sure unh stock peaked above 300 in february then plummeted below $200 in the march lows it rebounded and climbed to 270 before the report. i was concerned it might be getting ahead of itself. then unh delivers a solid top

and bottom line beat which sent the stock surging above $300 at his highs last week. today it pulled back to $285 this wasn't a totally -- set of numbers by any stretch of the imagination. it got hit with covid-related costs. they were offset by the fact millions of people are postponing expensive procedures until our health care is under less strain. that could be letting up right now. the virus makes it much harder for you to see a doctor and that's great for the managed care industry's bottom line at least for the moment obviously not great for people to get sick which is why unh doesn't want to profit from members' lack of access to health care right now. the same dynamic is playing out through the second quarter makes sense. but what happens for the health insurance companies in the second half of the year? that's the big question. presumably people can go to the hospital without putting themselves at risk i think again that's starting to happen i'm trying to eliminate some of the fear out here.

unh will be on the hook for all those expensive procedures that were postponed is unh still worth buying here why don't we drill down, do some analysis let's start with the most important piece of the puzzle, how unh is handling the pandemic right off the bat the company tells us they earned $3.72 a share, 9 cent beat not many companies beat by that much they reflect minimal impact from the covid-19 across the u.s. given various factors that only emerged late in the quarter. end quote. the last couple weeks of march they started seeing the dynamic i already mentioned. a lot more claims for the coronavirus, but far nfewer claims for nearly everything else before the quarter some were worried unh might withdraw its full-year forecast because that's what so many other businesses have done by the way, i said something i favor because i want to get out of the guidance business for companies. unh didn't do that instead they maintained their full-year earnings guidance. that's remarkable.

although maybe we should have seen it coming johnson & johnson delivered a great quarter because of the weakness in medical device business that lengthens unh strength because they'd normally be on the hook for medical devices what else? first quarter grew 6% year over year better than expected. not only holding up seeing strength, my favorite part of the company, the health information technology part of the business killing it 25 prgs medical care ratio what they spend on coverage as a percentage of what they take in that came in a full percentage point below what wall street was expecting although most of that is because the tax on expensive health insurance is back in action the numbers matter less than the conference call. that's always been -- unh, you trade this before the conference call, you're an idiot. the first ten weeks of the quarter were the old normal. we care about the new normal what's the pandemic mean for unh in the current quarter the second half of the year? let me give you some highlights.

what made management confident enough to maintain the forecasted c.e.o., we view this as the most reasonable baseline posture in these uncertain times, end quote although he also admits the situation is still very much in flux he is also adamant unh won't use this crisis to bilk its clients. i like that. while we don't have clarity the rest of the year, the c.e.o. points out and i quote, it could have the lowest medical care ratio of the year potentially meaningfully so with care demand restrained, end quote. when the lockdown ends people can see their doctors for procedures again when health care shuts down, say there's a hurricane, demand comes back as soon as the system is open for business again we don't know when our sis 20e78 will have spare capacity again we don't know when people will feel safe going back to the hospital they were adamant they can't predict what any of this will

look like. even if things get rough, rex tells us and i quote again, we ended the quarter with an intention a.m.ly higher excess cash balance and higher than normal debt to capital ratio, end quote. they're doing what's necessary to keep the balance sheet strong hallelujah meanwhile unh wants to be a good corporate citizen. $2 billion worth of payments to health care providers because providers need the money they put money into covering the homeless they have been sourcing personal protective equipment for the broader industry they said they may provide premium relief to employers that aren't making any money right now. i think these guys grasp the mood, the zeit geist of the company. i wouldn't be surprised if they buy back stock it doesn't look good what built masses banking on unemployment more than 22 million people filed for unemployment that's staggering. most people get health care insurance from the employers in addition to layoffs it might represent a lot of lost business

for the managed care industry. seems reasonable, right? unh said this is something they're closely monitoring could pressure both the enrollment growth and pricing going forward. that is suboptimal that had been a big fear of mine on the other hand their technology business is get being a boost. there is more demand for telehealth services. they expect more businesses cash strapped hospitals look for ways to save money. put it all together there is a ton of uncertainty but it looks like you nighted health is going to be okay in an environment where investors crave consistency, i don't think it's overvalued at 17 times this year's earnings forecast no i mean, for the finest not at all bottom line, united health didn't provide a ton of clarity last week, but they gave us enough to feel confident it's safe to own the stock during tumultuous period. i think it's absolutely worth buying here. i'd like it even more on weakness as it is the best of breed in the group. let's go to doug in new york doug

>> caller: hello, jim! >> doug. >> caller: jim from the future, this is doug from brooklyn with a big brooklyn booyah to ya. >> i miss brooklyn hiding out in the quarantine place. >> caller: we miss you >> thank you what's going on? >> caller: before the pandemic i initiated a position on exact sciences, ticker exas. now since you are from the future and i assume there will be a future since i am talking to you -- >> right >> caller: i would like to know if you think i should increase my position -- >> no, don't increase your position it's an uncertain time what's working here just so you know is tried and true i mean, this is a j & j market, doug it is, a j & j market. it's an eli lili market. sometimes we just have to accept that and say the big money is going to be made in those areas. doug is from brooklyn. i'm sharing him the best that i have let's go to bruce in wisconsin. bruce. >> caller: hey, big booyah, jim, from puddle town >> all right

>> caller: with the virus keeping people home it seems the health care sector is under valued united health -- >> you know what, david is pretty darn good he came on the show. i know the world is upside down since he came on, but, boy, what a great move if you had bought it when he did come on switch things around 0 i'll go with -- i think you're okay why don't we go to shervin in new york. shervin. >> caller: hey, jim, this is shervin, chiropractor from new york >> i could use one >> caller: cntx, it's a $10 billion company with 11 active trials and 23 clinical trials it's partnered with fantasy, roche, eli lilly, pfizer yesterday pfizer announced they got approval to start human clinical trials in germ aany fo

their vaccine for coronavirus. they will have trials in china andthe u.s. very shortly >> i hear good things. i hear good things but just so you know, i hear nothing but good things about remdesivir in this country the chinese have been trying to derail gilead and remdesivir they tried it again this time working with their pals at the w.h.o. i think that pfizer is doing well in vaccine, j & j is doing well and i think gilead is doing well in the antibodies so is fuji film, but that's okay because we always take the wisdom of china. mainstream media loves china this is not mainstream media, "mad money." unh is a recession resistant company it's given us enough to be confident about i think it's one of the best run companies in america, it's a buy on a pull back a covid-19 vaccine backed by

bill and melinda gates, smart people entered human testing, i have the c.e.o. don't miss my exclusive with the most popular stock trade on robinhood, inovio. what is this rally in oil tell us i'll give you my take after the whip saw action and what may be a phoney contract commodity. and all your calls rapid fire in the lightning round. so stay with cramer. ♪

this virus is testing all of us. and it's testing the people on the front lines of this fight most of all. so abbott is getting new tests into their hands, delivering the critical results they need. and until this fight is over, we...will...never...quit. because they never quit. ♪ ♪ on tuesday i highlighted the ten most bought stocks on robinhood, the disrupter last month. the number one name on the list was a biotech many of you never heard of, inovio pharmaceuticals. that's a bike ride away from where i grew up. their technology lets them

create tiny fragments of dna which they then inject into you to produce targeted antigens that help your immune target all sorts of diseases including hpv and several types of cancer. key here, though, a novinger i can't is working on a covid-19 vaccine. they're one of only two companies that have already begun human trials the other being moderna. that's why the stock more than tripled since the beginning of the year, 50% the last few weeks. you need to be careful speculating on a white hot early stage biotech stock especially the ones can covid-19 exposure hesitant to say, hey, listen, just go buy. but this is a huge story let's take a closer look with dr. joseph kim, the president and c.e.o. of inovio pharmaceuticals to learn more about this covid vaccine dr. kim, welcome back to "mad money. >> hi, jim great to be here >> i'm so glad to see you again, sir. and also very proud of the fact that plymouth meeting right where i'm from is the home 6 one of two companies that are doing human trials how are you able to move so quickly into human trials? >> well, for two reasons

we have better technology that allows us to use just the dna to develop our vaccine. and very dedicated employees we have a 200% strong employees that's magnified by, you know, thousands of our collaborators and partners and manufacturers out there allowing us to move very fast. >> i think people have to recognize that this isn't just a trial that is done with any old institution. you're doing it with -- in kansas city, but also with opp i regard hopp as being one of the top hospitals in the country. >> absolutely. it helps that that's my alma mater, and also we've done a lot of collaborative work over the years. but we're also looking forward because phase one studies we can do anywhere. but phase two and beyond, we want to leverage some of the top institutions like the university of pennsylvania. >> now, a lot of people told me, you know what, you can't move

fast with a vaccine because we are, of course, reluctant to give a healthy person something that could get them sick given that high hurdle, it is rather amazing you're already doing it so they must -- the authorities must feel quite confident in what you're doing. >> well, you know, i can't speak for them, but i think the results speak for themselves so we're able to start our phase one studies from design to first person dose in 83 days so that's incredible lightning speed. and i think we're able to meet all of the criteria that we set for ourselves, and also with the regulators >> now, do you check in those people every day >> yes, we have our people talking to our p.i.s both in kansas city and philadelphia almost every day >> and everyone is still -- everyone who started -- i know it's only been a couple weeks, but still in it doing fine >> oh, absolutely. so far so good and, in fact, we expect to

finish enrollment of all 40 volunteers before the end of april. >> that's incredible that's incredible. now, one of the things -- one of the reasons i think that's possible is that the most important foundation for health in this country is the bill and melinda gates foundation, and they gave you a $5 million grant. how did that come about? >> well, they've been a supporter of our vaccine technology and various programs over the years and so this was really great to get this $5 million to advance our program. we also got support from se ppi which is a global health organization as well as the u.s. department of defense to expand our manufacturing capabilities for our vaccine. and we expect this global network of funders to even grow in the coming weeks and months >> now, it is very expensive to do big trials. are you financed well enough to be able to take the next step if things go well in phase one? >> yes

we have internal funding, but we also expect a lot of external funding to support scaling up and conducting our later trials. and these could be various government agencies, gates foundation, se ppi, just to nam a few. >> when i said you were the number one stock that's traded, robinhood, people said that's ridiculous i said, have you looked at dr. kim's background decades of biotech pharma management merck, hiv vaccines, so this really is your bailiwick >> absolutely. you can say not just me, but many of us working at inovio we have been working hard, preparing for such a crazy pandemic like this coronavirus >> now, people keep telling me, jim, even the fastest vaccines take five years. stop getting people's hopes up by the way, sir, i have not said we will see anything before a

year and a half, but i am being too optimistic, that's my nature, and i'm really kind of taking people down the wrong path it is possible to develop a powerful vaccine in a year and a half to two years, isn't it? >> it's possible, especially if you have a platform that's shown to be safe if you have tested similar approaches before against other pathogens like we have, but, you know, i would rely on someone smarter than me like dr. tony fauci who thinks in 12 to 18 months it is possible to get vaccines approved and ready for limited use, targeted use. but i think it is very possible. >> do you talk to dr. fauci at all? >> not directly in a while, but certainly i said hello at our white house task force meeting about a month ago. >> and when you -- you know that pfizer has a partner, you know that j & j is in there doing

things up at harvard i mean, these are really big deep pocketed guys do you think you can play with them >> yes so, you know, as i already mentioned, we created and are leading a global coalition of collaborators, partners, funders and manufacturers. so, of course, we can always tie up with the bigger muscle companies like those you mentioned. but we think we have enough resources, dedication, and financial and human resources to execute our plans. >> all right look, sir, i have to wish you the best of luck it's always great to see you on the show thank you so much for coming on. >> great, thanks, jim. >> that's dr. joseph kim, president and c.e.o. of inovio pharmaceuticals, the number one traded name on robinhood "mad money" is back after the break.

>> announcer: lightning round is sponsored by td ameritrade ♪ >> it is time! it's time for the lightning round. >> buy, buy, buy >> sell, sell, sell. >> and the lightning round is over are you ready, ski daddy time for the lightning round i'm going to start with isaac in colorado isaac! >> caller: hey, jim, it's isaac. thank you for having me on the show i love it. >> goodto have you on the team >> caller: i'll keep it short. i have a question about ticker rtx, ragt i dontheon. >> i wish my charitable trust owns it. let's go to brian in new york brian!

>> caller: booyah. hey, jim, how about well -- first off, i want to say i appreciate the insight you provide the retail investors during the crazy time. you're the man >> it's an introvert's paradise, frankly. what else? >> caller: when you talk to the gurus on the radio show, great comedy keep it up >> i'm going to go second round. combine i was too slow what's up? >> caller: i just -- my workweek i'm with you the company i've been eyeing the past few week, wanted to get your thoughts on the stock and when would be a good time to initiate the position. great company with balance sheet built like a battle ship the company is crown castle. >> crown castle, that is a castle keeper. i like that stock. we just recommended it the other day. will you look at that chart? i mean, that chart -- that is a reverse head and shoulders i just dream of. richard in new jersey. richard! >> caller: jim, with the nfl draft tonight i was wonderingi

i should add a stock i've heard a lot about lately to my team. it's marvel technology >> that's a first round pick we have it in actionalerts.com it is mr. 5g and what a quarter. if it weren't for covid -- well, everybody would be happy let's go to joyce in new york joyce! >> caller: hey, jim, it's great to hear you. >> all right, joyce, what's going on >> caller: can you help me out with a stock called tronix >> you know what, we're not going to -- see, is that's the kind of stock -- that is just too hard, okay i saw a great note from frank the other day about tronix i don't like the chemicals i think the dow should be sold as much as i like him. let's go to mark in arizona. mark >> caller: jimmy chill, big booyah from the high country in arizona. >> the chill man be back what's up? >> caller: i hear you, brother thanks for taking my call. >> of course >> caller: i want to ask you about a stock i've been looking

at it did very well last year, recently it took a big dip and i wanted to see if you thought it was a good buying opportunity. the stock is builders first source >> no, we're not going to do that if you want professional construction, why don't we just go buy home depot, okay? home depot, i sold that for my charitable trust i'm itching to be back in. i need it at $190. how about we go to alex in virginia alex >> caller: booyah, jim first-time caller, huge fan of yours. i love "mad money. thank you for taking my call >> could be alexis, could be alexandria we're going with alex. what's up? >> caller: retail world is getting hit hard so what are your thoughts on lululemon >> lululemon is one of the few you can own. as a matter of fact, what happens is all the people who have to own a power stock are shifting out of every other apparel stock and going into nike or lulu that, ladies and gentlemen is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning

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♪ ♪ you need to get comfortable with the idea that whole sections of this market can be phoney that's my take away from the whip saw action in oil prices this week. >> buy, buy, buy >> sell, sell, sell. >> we don't know the cause of monday's oil meltdown that took the price of crude to negative $37 a barrel

some it's a lack of demand because of covid some of it is the way the futures market works i think a lot had to do with the united states oil fund, uso for short which is a publicly traded commodity pool the uso owns futures contracts which means they would have to take physical delivery of all that oil there's one teensy tiny problem. it isn't allowed to own oil. it owns futures. they had to unload before they expire especially a gigantic for sale which is how you end up with crude in negative $37 territory. the last time the economy broke down, a lousy investment once again. i'm not thrilled it was the syringe most had we bought stock on robinhood tuesday you should stay away from this -- no, i am urging you to stay away from 24. it's flim-flam more importantly monday's oil collapse was mostly artificial it was bogus and it freaked out the entire stock market. as part of some ridiculous pin

action look, i don't blame anyone for seeing the break down in oil and assuming the whole economy must ground to a halt however with oil rallying back to the teens the real problem is with the malfunctioning oil futures market especially when it interacts with commodity operations etf think of it like this. every other commodity can get to the last day it can destroy it, you can dethrow it, burn it rather than take delivery. you can dump it in the ocean i don't know but you can't just get rid of crude. no you've got to store it someplace. and by monday we were mostly out of storage space there were plenty of traders who knew that this uso was about to get caught with its pants down they would have no choice but to dump that stuff, those futures at any price, and they were being shot at. remember, this is an oil fund that is' only allowed to own futures, not oil so the real big boys took them apart. the truth is wall street buyers smell blood so they walked away until the final minutes of

trading and the uso was forced to pay them to take the oil off its hands. morons whoever wants the may contract expire, the issue went away and oil went back to business as usual. sure, the new normal has the price of teens but that's better than negative $37. even that's misleading you know what the stock oil producers have been doing? rallying and rallying furiously. even when it cratered to 34. there is a disconnect. most people won't make money with oil at teens. they're not looking at a wholesale collapse of the ind industry yet the reality of oil is probably better than the action the futures would lead you to believe. does that mean you should own the oil stocks no way [ buzzer ] >> they know nothing >> sell, sell, sell. >> i'd avoid the oils because their cost structure is out of whack. they're not able to shid immediately and turnoff the spigot like they do. many borrow fortunes to drill after the epic meltdown in 2014. few saw the pandemic coming and

hedged against production. we like diamond back, we like chevron, pioneer but i honestly think oil stocks are being propped up by mindless index fund buyers. i'd avoid the oils because of what happened with the uso could happen next month when the june contract expires we could have another zero again. this thing is too easy to shoot down we're not building enough storage, haven't made the necessary production cuts. it's representing only a few $100 million can bring down a trillion dollars worth of oil stocks, something is wrong with this picture still one more reason to avoid the uso and to avoid an already toxic group. stick with cramer. it's a voice on the other end of the phone. a note to say you're on our mind. a willingness to come to you. the world and how we interact with each other is changing. but that will never change who we are at lexus. now, more than ever, you and your needs come first. find out what service options are available

in your area at lexus.com/people first i know thathat service options every time that i suit up, there is a chance that that's the last time. 300 miles an hour, thats where i feel normal. i might be crazy but i'm not stupid. having an annuity tells me that i'm protected. during turbulent times, consider protected lifetime income from an annuity as part of your retirement plan. this can help you cover your essential monthly expenses. learn more at protectedincome.org . it's only human to find inspiration in nature. and also find answers. our search to transform... ...farm waste into renewable natural gas led chevron to partner with california bioenergy.

working to provide an alternative source of power... ...for a cleaner way forward. ♪ ♪ look, jimmy chill wants to remind people i can't own stocks, all right. so why did i feel so a grieved by the chinese story about the gilead drug? because what piper sandler said tonight, the person who designed the drug for america just sold it, it was an outright incorrect statement to call it a flop. you know what, a lot of you want to believe the chinese media more than you believe our media. you know what? what i can say is god love you i'm jimmy chill. intel we'll have to check that quarter. i like nvidia off that because the deal is going to be good nvidia is doing so many things right and so of course so is amd. i always like to say there's a bull market somewhere and i promise to find it for you here on "mad money. i'm jim cramer see you tomorrow "markets in turmoil" hosted by my friend scott wapner starts now.

watch and listen live on the cnbc app ♪ ♪ >> good evening. i'm scott wapner on day 116 of the coronavirus crisis as georgia is now just hours away from reopening its economy ♪ potentially bad news for gilead's drug remdesivir. >> new questions about the drug that many hoped would get us out of this mess plus -- >> safe and phased reopening of our economy does not mean that we are letting down our guard. >> it's now just a matter of hours before georgia tests the waters and goes back to work also