>> guy adami you may recall in the end of april, if it gets back down around 50 1/2 you buy with both hands and it actually got lower than that and here we are flirting with the $57 level and arc md breaks out to the upside. >> thanks for watching "fast," everybody. see yo 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 you, but to educate, teach so call me at 1-800-743-cnbc or tweet me at jim cramer. when the market's roaring but still precarious, what do

you do you reach for the stock equivalent of comfort food something that tastes just like the great bull markets of -- that's right you reach forfang, my acronym for facebook, amazon, netflix and google this session it's more like fang because microsoft has become red hot. netflix suffered a rare decline. the tech stocks led us higher. with the s&p rising 1.67%, and the nasdaq zoom being 2.80%, it was a matter of time before we return to the tried and true this market has been going through groups like there's no tomorrow first we had the rally in the defensive consumer staples during the work from home nuclear winner the stocks rebounded >> we started reopening hospitals for nonessential medicine a run up in the big box retailers. that group seems a tad exhausted. we've seen a surge in the semiconductor stocks as demand picks up from china and 5 g. build out looks good continue with analog devices,

amdi a decent quarter. a run in industrials as people bet the economy might be coming back as america reopens for business and the price of oil rebounds in the low 30s. it's done well of late even the banks have been able to stabilize. something tends to happen when the fed reserve prints enough money like the titanic the cruise lines, casinos, even airlines rallying, it makes sense banks should go higher or at least level out now it's fang's turn a bunch of things drive thing move first amazon a host of major retailers report fantastic e-commerce numbers target, walmart, home depot lows which we'll hear from in a second even after all that, amazon is the king offer e-commerce. there's a lot to like with surprisingly good margins when it wants them. steady delivery and, of course, the rapidly growing amazon web services division. as for google now known as alphabet, they've got a great cloud infrastructure business growing, too, google cloud which

is so good that lowe's gave them not one, but two shout outs on the conference call. apple is supposed to be a slouch in entertainment, right? we just learned that the new tom hanks world war ii movie is launching directly on apple plus rather than opening in theaters, i don't know about you, but i want to see it microsoft is higher. some of its momentum, some of it might be the cloud gaming divisions. the big shock of the day is that it's facebook -- facebook leading this group higher, all-time high, facebook. what's fueling this move simple kind of startling for some they have the beleaguered the economy with the small business initiative that will basically let you open a digital store on facebook or instagram, by the way, partner with shopify. i think this is the future of small business lots of sole proprietors making things work over the web, forced out of brick and mortar. rent is too high apparently facebook agrees while i've been lukewarm of on some of facebook's actions over

the years, this can make a positive difference in a time of painful unemployment and sputtering small and medium-size business more on that later when we speak to cheryl sand berg. first we need to understand what's happening in the big-box retail space because the pandemic's hit them very differently. remember, they're essential in the struggling smaller chains. it's tough to take the pulse of the consumer here because there's too much we don't know and we're in unprecedented situation. however, we know that lowe's, the terrific home improvement chain, just reported magnificent quarter with a huge earnings beat and 11% same-store sales 12% in the u.s how did they pull it off and what's it mean for the state of the consumer let's find out earlier today we sat down with marvin ellison, the turn around artist exemplar and president and c.e.o. of lowe's take a look. marvin, you accomplished something amazing this quarter you went from executing a financial plan to becoming an essential national retailer. sir, what did that entail?

>> jim, first and foremost, we shifted to three priorities. number one, the safety of our associates and our customers number two, making sure that we did everything we could to support the community, first responders, police officers, health care providers. and third, we just wanted to be there financially for the most vulnerable associates. and that allowed us to pay $80 million in special payments in the month of march, raising wages by $2 an hour in april, doing another $80 million special payment in the month of may, and we're going to have our profit sharing pay out in june that's going to exceed $90 million. so it's all about trying to do what is best for our associates first and our community, and we're proud that we could be there for them in really unique times. >> marvin, i have to say you did something else here. you even turned away business. you made sure that customers were safe and associates were

safe and yet you still did a 12% comparable store sale number in the united states. how is that possible >> jim, our culture is about doing the right thing for our communities and our associates we made a decision to close on easter, and candidly, that was going to be a sales day that exceeded $200 million. we had no way to make that plan up, but we decided it was the right thing for our associates to get a break to spend with their families and loved ones, and we decided to close for the day and just give them that chance to recharge their batteries and to spend that time with their families. what we didn't realize is that for the month of april, we still drove a sales comp of 20%, even with easter being closed so that is' an example of doing the right thing for the right reasons. and the business still demonstrating appreciation for the hard work of the wonderful men and women that work in our stores >> marvin, what does it also say about the strength of the united states, the economy, and the

fact that there may be a recession, but it sure doesn't sound like there is a recession in housing >> well, jim, one of the key things we talk a lot about is when you look at the downturn that we are currently living in, it was self-imposed, as you know much different than 2008 and 2009 the the housing market is very healthy. you don't have a bubble. there's no excessive home price appreciation there's actually a shortage of homes and there's probably the largest percent of aging homes in the market than we've seen in the last 40 years. that's good for home improvement, it's good for housing. but the other thing that's really important for us is customers want to spend money where they have choices, where they have options. you and i talk a lot about the power of army channel, give the customer the ability to shop anyway they choose, in store, online, buy online, pick up in store, curbside, you name it we were able to employ all of those things for the first time. drove an 80% growth in dot-com,

but triple digit growth in april, and those are happening in the month of may. it's about giving the consumer choices. it's about giving them the essential things they need for their home we've done that well i'm proud of our associates and proud we were there for the community when they needed us most >> let's pro skbreject forward not financial projections. memorial day, historically a good day for lowe's. could it be given the triple digit.com, the changes you made, a holiday, a harbinger of better things happening in the country? >> well, jim, i hope so. i mean, obviously none of us have a crystal ball. we can look at the trends of our current business we feel great about how the customers are responding to all the hard work we put into the company in the last 18 months. i couldn't be more proud of the men and women that i sit around the table with virtually and physically every single day and week, running this wonderful

company. and we think that we built a company and we made the necessary improvements in the business that we're going to have a strong memorial day and a strong rest of the year. but our most important effort is to continue to make sure our associates and our customers are safe, and that we can be there for the community. we announced today, jim, that we have a $25 million grant that we're going to be giving out to small businesses that are reopening to help them with p.p.e. and other things that they need that they probably can't afford just to get up and going. these are going to be minority businesses and other businesses that are now starting to reopen. so we just want to continue to not only run a good business, but be a great corporate citizen in all the communities that we operate in >> this is a new paradigm. this is not what we expected about american business, but a lot of what i expected from you and the soul that you bring to this organization and to the top people energized i like what you said about minority investing and 25 million because you have what we call the pick-up truck pro, and

that is the person who has been hurt, the sole proprietor looking for business in a recession. how are they doing >> jim, that's our core pro customer and believe it or not, in this downturn, that segment of pro has been the healthiest segment, that smaller, you know, small business person, pick-up truck pro. that customer is still relatively healthy what was interesting is that they had projects that were delayed but not canceled and so now we're seeing their book of business fill back up. they're starting back to be busy again. and in a lot of cases we're the sole provider from a product standpoint for those small customers. we have great credit terms we offer them we give them flexibility and delivery, and all types of flexibility around service model. so believe it or not, the good news is that customer is starting to come back, and that is a sign that hopefully this is not going to be elongated recession specifically in that segment of the economy

>> when i listen to you talking about the term -- i don't think people realize how hard it is to actually turn a large business around the years are littered with failed retail turn arounds you came in the first week of july you found a disspirited group. judging from what you've done with them that's correct no longer carries you've got an energized group and a loyal group. but you had no dot-com to speak of you decided to work closely with google cloud which has become very aggressive. you had amazeling triple digit yet at the same time you have said on the call that it's nowhere not even finished yet. so the numbers could be incredible going forward >> jim, our dot-com business is only going to get better i said it before the three things you need to do to create a great dot-com business we recruited the talent. we have the most talented tech

teams in retail right now. we invested the capital to do it correctly. now we've had 12 months into this, we're starting to see the work pay off there's no way we could have the sustained levels of growth online if we hadn't made that platform migration to google cloud. and we have a series of other really great functionalities you're going to see from a one-click check-out, search and navigation, the ability to schedule and do all types of visibility, order destination online we're going to be rolling out buy online, pick-up in store lockers. we're going to modify curbside to be digitized. we have an array of things to give us the best in class dot-com, we think we have a great future in front of us. >> last question what is your message as an essential national retailer who has a tremendous breadth of knowledge, what's your message to the country right now, which is i have to tell you, a country that i find a little discouraged?

>> jim, my message is simple look, i grew up in a small town with parents that didn't have formal education i worked my way through college starting at $4.35 an hour associate, and now i'm the c.e.o. of the 44th largest company in america this can only happen in america. you can't keep the american spirit down. you can't keep the american business climate down. we have to be smart and work our way through this downturn, but we have brighter days in front of us. to all my fellow c.e.o.s out there running large companies, let's do our part to help the small businesses get back up and going. we went to the retail industry leaders association, a trade association for retail we gave them our entire playbook for safety and security and how you open and how you operate in a covid-19 environment we gave it to them to share with other retailers because the only competition that we have is the virus. we have to work together to get this economy going, and my

message to america is support your local businesses. support your small businesses and let's do our part to maintain social distancing so that we can get this virus behind us as quick as possible >> marvin, i want to thank you so much for coming on "mad money. congratulations on the turn. >> thank you, jim. glad to be here. >> that's marvin ellison, president and c.e.o. of lowe's listen, the stock for a second, it's a buy culling up, facebook, verizon and mondeleze. 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 madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com.

♪ ♪ facebook has been getting higher ever since the bottom in march. today it went into overdrive the stock rallied 6%, new all-time high. the reason today welearned they're rollin out facebook shops, that's an e-commerce platform for small business it's something you know i'm incredibly passionate about. i think this is actually the perfect concept to help stem unemployment and restart entrepreneurship in the age of covid-19 do not take it from me let's dig deep with cheryl sandberg, c.e.o. of facebook westbound to "mad money. >> thank you, jim. i love being on your show. >> we're in a time a lot of people see the market going to

all-time highs your stock went to all-time highs. 70% of this country is in big trouble. those are the people that work for small businesses they're trapped in rents that are too high and brick and mortar that are too high and along comes this initiative. and to me this is the answer for a lot of companies >> so,we agree with you. this is not just a health crisis this is an economic crisis and it's a crisis for small business small businesses create two-thirds of the jobs in this country, and i know that's why you're so focused on them and why everyone should be we put out a report this week, the state of small business report, which says that 31% of small businesses have stopped operating entirely, and another 11% believe if things don't change, they will go under as well this is the worst number half of small business owners don't believe they're going to be able to re-hire the people that they had to let go. and that means we all need to do our best and our answer to this is we've had a grant program.

we've had a lot of initiatives but probably the biggest thing is what we just rolled out which is facebook shops. >> how does it empower a small or medium size business in an opportunity that they would not have and i am sure they're going to ask how much is it costing >> so, it doesn't cost anything and it takes minutes to set up and the idea is that anyone can have a virtual store front for free on facebook or instagram, you can have a facebook shop you can upload your products you can use messaging services to directly communicate with customers. and, again, it's free. it's virtual it takes minutes it takes minutes to set up >> so, i know that a lot of people have been saying, look, facebook has been a tremendous profit generator but it really hasn't been that affiliated with its most important ambassadors, most important customers. but it seems like -- i know that mark personally is involved in this you're personally involved in this and this may be a new -- well, the correct perception of what facebook is really about

>> so, we've always been in the business of small business there are 160 million small businesses that use our free tools around the world and then there are 8 million that go on to advertise with us. so really, the great majority of the work we do is providing free tools to small businesses. but in the age of coronavirus, people have to migrate online and they need to get there quickly. but it's really expensive for a small business owner even before this to set up a mobile presence this is, as we said, free, cheap, easy -- free and easy, so that people can do that literally within minutes >> all right so last time we spoke in march, you talked about a new effort to give $100 million in cash and advertising credits to help out small business hurt by covid-19. how is that program going? >> it's great. we rolled it out i announced it on your show. we then opened applications for the u.s. those applications are now closed within a few weeks we're going to get cash out the door

just like with facebook shops, we're listening. what small businesses said at the beginning of this crisis is we need cash and so we put $40 million to work in the united states. we earmarked half of that for women and minority and veteran-owned businesses because we know when crisis hit, the most vulnerable get hit the hardest. and our goal is to get that money out the door but we also know we can't reach everyone with that program, and that's where free tools like facebook shops come in so that anyone can start selling or interacting with customers online because that's what it's going to take to get small businesses through this crisis and keep people employed >> cheryl, one of our favorite companies, literally a year and a half ago, you called it a small cap, shopify in canada and they've got some people who really share the ethos we're talking about. you paired with them why not do it yourself >> because we want to focus on what we're best at what we do is we connect people

and businesses we connect people and people we are that connective tissue. shopify is a partner in this, so are other companies. and if you're a small business and you're already using shopify, that's great. you can then plug into facebook shops and start selling directly online while continuing to use a lot of the tools they and others provide. we're not one of those companies who wants to do everything ourselves. we want to do what we do best, which is that connection >> they do have a great ambassador program themselves. really, they have a -- shopify experts. if i'm new and i'm on facebook and i am a small business person, who can i contact at facebook that could at least walk me through it, just in case i'm not savvy enough >> well, the best place to go is facebook commerce manager. we have everything laid out there as well as an ability to ask us to get in touch with you for help >> and if i were part of a group, say, a group of friends and we had this idea but we never thought it possible, but

we're all at home. we're quarantined. we don't know what to do what is your advice on how to start a small business and take advantage of their own followers in order to be able to make it so that they can make some money in a time when so many people are unemployed >> so, that's what's happening all over the world people are doing this from their living room. people are doing this from their bedroom. so, if you want to start a business or you have a fledgling business, i think you want to set up a facebook profile or an instagram business profile those are free they are fast. it's just like doing it as an individual, so just like i can set myself up as a person. i can set myself up as a business and then start using the free tools to reach people. and we're going to keep rolling out those tools. we're going to keep listening. voices like you, jim, told us this was necessary voices from small businesses all over the world we're going to keep that product feedback coming in and keep rolling out the products we think can help >> in a time of tremendous unemployment where a lot of people are lucky enough to, like

me, have contracts do well, we look at other people with the shuttered doors and say, they've got to get some money in facebook is doing that i think this is the facebook i know i'm familiar with we could go on the other stuff let's stick with this for now. all right, cheryl? thank you so much. >> thank you for your encouragement and support, and thank you to all the small businesses out there that are keeping our country going and staying in business. we're going to do all we can to help you >> thank you so much that's cheryl sandberg, c.e.o. of facebook, doing what's right for small business we need advocate for small business that's what we need at this time, right at this moment "mad money" is back after the break. (vo) our communities need help like never before

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stock is ten bucks off its highs. this can be a real bargain let's check in with the chairman & c.e.o. to get a better read on how the company is doing welcome back to "mad money." >> thank you, jim. pleasure to be here. >> thank you okay, so, >> deredirk, this pandemic has released something i found somewhat unexpected, a lust for snacking millennials embraced snacking. you and i have talked about that it seems like the aided by work from home movement, it's a generational tidal wave. can it stay? >> i think it will stay because if you look at the consumer, the consumer is nervous at the moment, anxious, spending a lot of time at home. so they want comfort they want something that brings them back to normalcy. and as a consequence, they are snacking more. also they used to eat a lot out of the home. now they have to do everything in the home.

so i think for the foreseeable future, that increased snacking is going to stay, and hopefully that will last even when things have returned to normal, which could be a significant time from now. so i do think that it's going to stay the other thing we're seeing is not just the snacking. they're going back to trusted brands, the oreos, the chips ahoy, the things they know and love, makes them feel good and i think also that return to trusted brands are increased penetration, more people consuming our brands, i think that will last also. >> let's talk about a contradiction that you've addressed head on. i think the analysts are far behind what you're getting at. you did an unbelievable talk, snacking made right investor call a couple weeks ago. in it you talk about the generations. now, if i presented my kids vanilla wafers i love so much, they might go for.

but hu, h-u, chocolate, they would be shocked this is where the new mondelez is going my daughter has a tower of it when i walk in that's all she eats. >> no, we try to provide snacks for all types of consumers and, yes, you're right, the younger consumers tend to be much more focused on brands and what do these brands mean for them and so as a company, yes, we are trying to expand into brands like hu, which stands for something different. that doesn't mean, however, that an oreo, for instance, doesn't do well. it is the most popular food brand with generation z and millennials. it still is. and so there is this mixture going on, and we try to make sure that our old and established brands which are still very young in many ways, like oreo, still appeal to

younger consumers. but at the same time, for those that really aren't there, we are offering them a new range of different brands, and we try to do both basically. >> i think that must be one of the reasons why you have what you call, i quote, unprecedented share gains. but another thing i think you're doing well i want you to talk about, in our office when we have oreos, okay, my generation just loves or yoes that's all we know you have many different iterations of oreo i would have found as almost sacrilege but the younger people love. >> yes, yes, they do and it's -- i think it has to see where younger people are looking for what's important to them and what a brand stands for, what it does for the community, what it does for sustainability, and so on. those are things that are really important for them and as brands, you need to make sure that that is there, so

that's why we did something like snacking -- we want to show as a company more than ever what we do in esg is important and we want to do the right thing, especially in these circumstances. >> now, you also talk a lot in your -- all your venues about the resurgence of some parts of the world while others are going down you talk very positively about china and asia has been incredibly strong for you. united states, some convenience store cutbacks organic growth is extraordinary. latin america, i am very worried about from what i read about by covid. can you give us around the globe where we are >> yes u.s., i think, your audience is aware we see a big increase in snacking consumers are at home. we have a big biscuit business so we see a big increase in demand, and that's clearly benefiting our sales we see something similar in europe, but there business is other things, like more away

from home, like food service, or more world travel retail, so the duty-free type shops obviously those are quite effective. so we see an increase in europe, but it's not to the same extent as we are seeing in north america. china has been incredible for us, yes. february was down. march, we were already in line with last year in april. we're far above last year. that is largely due to our team who are out on the starting block after the crisis, the first ones, and really put a lot of dedication in it. china is coming back with a vengeance for us then, yeah, southeast asia, india. at the moment, quite affected largely because there is huge lockdowns and the government doesn't want consumers or workers to go through the plans, through the stores that's going to come back. everything will come back quite fast so that leaves latin america where we are seeing the same

thing. quite harsh lockdown measures. we still see the trends of infections going up. and we expect in the coming months latin america to be severely affected and we're taking all necessary precautions to be, again, on the starting block as soon as the stores open up again but latin america is probably going to be the slowest, you're right. >> last question you've really made your balance sheet fantastic. you brought do you thiwn the re, you have a 13.6% stake in dr. pepper which has been a very good stock and jde, i happen to be a big pete's fan myself. possible ipo coming there. do you really need to monetize those? are those financial or are those strategic? >> no, those are financial investments for us we support the ipo of jde. it offers us liquidity not that we need it right now, but it gives us options. and it also puts a market on what the value is on our stake

in those companies kdp is already public as you know we are very supportive we don't need it right away, but it gives us options for the future >> well, excellent dirk, thank you so much for coming on the show and also thank you for everything you do from cocoa life, for all the several 100,000 farmers that benefit because you care i know that's your initiative. that's dirk van deput. a's stock that deserves to be higher "mad money" is back after the break.

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♪ ♪ as the economy started reopening, some of the safety stocks have pulled back. verizon, here's a company that's pretty much immune to could

covid-19 but if we got the virus contained, is there anything truly exciting here beyond the 4.5% yield yeah, absolutely 5g verizon just rolled out 5g ultra wide band service in the city of san diego. it's in its infancy. they'repoised to win big let's talk with the chairman & c.e.o. of verizon to learn what the company is doing welcome back to "mad money." >> how are you doing, jim? >> i'm doing great, hans it's great that you're here. before i get started talking about 5g, since the start of the show, when people ask me for a stock on the street, i always say verizon because i know i'll never be hurt. we are now facing an extraordinary recession. where even some of the utility companies i deal with have had to defer -- just say, listen, we're not going to cut your electricity off. we're willing to forbear is verizon in shape to be able

to handle that level of unpro t unemployment >> of course, it's a very unprecedented situation, unemployment and all of that as we said when we had our earnings report, we had a small amount of customers that are on the keep america connected prom. we don't disconnect them if i would look today, i would say the receivables are almost on the same or similar levels for consumers and for small and medium business as it was pre-covid-19 so we have seen some improvement, so that's where we are. so far so good, but, you know, we don't know how long this will be and, of course, it will be tougher impact all the time if this continues for a very long time our company is delivering a service that is extremely important in these times the connectivity is essential today in our society in order for us to be connected and be able to do our work. we're connected with friends and family >> you let them take away your

home or your car before you let them take away your phone. for a long time, hans, we had an inferiority complex in this country. we heard over and over again, korea is faster than we are. australia is faster than we are. u.k. is faster than we are ip look at a new study come out about verizon 5g and i don't feel so inferior how did you get this way >> i think we are building 5g right. i talk about it all the time we want to have a superior experience on our 5g network we have the best network which is fantastic with all the third-party -- we want to have the best 5g experience for our customers. remember, it's not only consumers going to get this experience we want to actually have industries and governments also using 5g in order to enable new type of services and transform their businesses and that's what we're building for. so our speeds on is

unparalleled it's 10, 15, 20 times faster than we have on 4g, and our 4g is already really, really good >> okay. so in a recent interview with phil at jpmorgan, he asked whether -- what would be the difference with 5g you said you're going to see some improvements over time, but then dramatic improvements what we have lacked, hans, with the word dramatic, does it mean no circle while waiting for netflix? does it mean zoom doesn't look like we're in some weird silent movie? does it mean we're going to be downloading movies in record time which are these? >> all of them if you are in the 5g band, we basically have unlimited spectrum and we can give that type of services to each and every of our subscribers that are using our 5g network and we already are up on 2 giga

bit per second on the phone which is unheard of. verizon is the best performing 4g network is giving you 14 to 18 megabits per second unparalleled how much faster it is not only that. low latency for read time transaction, vr, ar industries offered from the 5g. that's what i said already from the beginning. we are accelerating our investment levels right now because this is even more important for the nation at this moment to have these high-speed networks >> let's talk about the theme about the nation when t-mobile decided to merge with sprint, they talked about a national imperative of having the best 5g. do you think it really will encourage competition? some of us are concerned that with just three phone companies, our bill is going to go up >> i think that has been a very competitive wireless market in the united states and it will continue to be so. however, i feel really good

about our positioning with our network, with our brand and our distribution so we're going to compete well, but clearly it's a very competitive market and we know this service is so important in today's society. but, again, we are well positioned to take care of that. >> okay. many companies are worried about their balance sheet. they're cutting capital expenditure. when i hear that, they're cutting the future you are increasing capital expenditure. is that because of need because of covid-19? because of moving to your work at home? or is it just because you're committed to being able to see certain technologies that will really change the consumer experience >> in the beginning when we -- when covid-19 came out, we decided immediately, we're going to increase our capex. first we thought it was insurance if the traffic would be different it was not even though the network -- we are 1200% more usage on the

network when it comes to collaboration due to conferencing and other things. 9 netwo the network is coping well this is a time we can invest more and it is responsible and it's the right time to invest. so that's what we're doing right now. and as i report, we'll have our first earnings call -- we are on plan for our 5g deployment, and they are big we are doing five times more -- we're going to do 60 cities. we are rolling out our fiber which is somewhere between 1500 to 1800 route lines a month at the moment we aren't holding back we think this is the right time to invest for us and for our customers. >> i think you're definitely right. and i feel my charitable trust has always had a position in verizon. i feel like i'm going to continue to say to people when they stop me on the street, how about verizon? it doesn't ever hurt me. thank you so much, hans,

verizon, chairman & c.e.o. always good to see you, sir. "mad money" is back after the break. for business as usual. or is it? what if business as usual means putting people first... and understanding their needs? if that's your business. 365 days of every year, then business as usual

is precisely what these times require. which is why your lexus dealer will do what we've always done. put you first. find out how we can service your individual needs at lexus.com/peoplefirst.

>> announcer: lightning round is sponsored by td ameritrade ♪ it is time it's time for the lightning round. rapid fire calls >> buy, buy, buy >> sell, sell, sell. [buzzer >> then the lightning round is over are you ready, ski daddy let's start with ben in illinois ben. >> caller: hey, jim, love you, love your show >> thank you >> caller: you know, what is it, summer is coming up, people don't know if they're going to

stay indoors ornot, so how do you feel about bed bath and beyond >> i think bed bath is a stocky liked and what happened is the world came to an end basically for retail it was deemed nonessential i think it's a very tough thing for it to come back, but it does have the capital it can last. it can try to last let's go to culver in georgia. culver >> caller: hey, jim. i'm a 22-year-old investor who just graduated from holman university >> there you go. >> caller: all right my stock is te connectivity. >> i always liked te connectivity it is a component stock working in this environment. i would own the stock. let's go to mike in new jersey mike, mike, mike >> caller: hi, jim a big booyah from jersey shore long time follower >> thank you >> caller: i started acquiring -- the last few weeks and really like pioneer natural resources and would like your opinion. >> well, scott sheffield is

probably along with mike worth, two of the people i trust most in the oil patch pioneer is one of them, i like parsley, i like chevron. i think you're fine and i'm not into recommending oil companies but i think you're fine. let's go to warren in virginia warren >> caller: ba-ba-ba booyah mr. cramer >> gotcha. >> caller: second time caller. my stock is dng food >> i wish they would come on it's a mosaic of old brands i think should be doing well now in the pantry business, that's exactly what is happening. i don't know the longevity of it because the brand seems tired to me it's kind of a mini kraft heinz. let's go to john in new york john >> caller: booyah, jim >> hey, john >> caller: long-time viewer. i would like to thank you for the wealth over -- wealth of information over the years digital realty >> i like data center reits.

nice level 3.1%. how about scott in florida scott. >> caller: hey, jim, how are you doing, buddy >> i am good how about you? >> caller: good. hope you and your family are safe and healthy >> may get to see them this weekend, i hope. what's going on? >> caller: calling regarding ctxs >> it's like zoom, too much of a move, they're consolidating right now. consolidation is actually positive, some people feel like we go back to work, they won't do as well that's wrong good stock mark in wisconsin. mark >> caller: yes, jim, the stocky got for you is box, ticker b-o-x. >> seeing you box, raise you with dropbox which had the better quarter that's the better one to be in now. let's go to marcus in florida. marcus >> caller: how are you doing, jim? love your show >> thank you >> caller: i appreciate you taking my >> caller: >> oh, you're welcome. what's going on? >> caller: um, i've got a stock

and they produce a majority of the tech pits for the coronavirus or covid-19, whatever you want to call it >> okay. >> caller: and, um -- >> all right >> caller: they went up to $31 and then back down to 18, and now they're not budging whatsoever >> and what stock is that? >> caller: it's codx >> oh, codx. that one is too controversial. i have to do work on codx. [ buzzer ] >> that's like a penny stock that went nuts i have to do more work on it because they do not definitively have earnings i can tell let's go to greg in texas. greg >> caller: hey, jim. >> hey, greg >> caller: you got me following this one i bought gw pharmaceutical at 106 a week ago right before they

reported they had great numbers >> wow >> caller: they're about 124 now. >> it's medical cannabis it's the only one the doctors use because it has dosage. it will be the one they use because dosage is hard to get in regular cannabis so i continue to like gw pharma. and that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. dolph lundgren, you've got a one-sixty i.q., a master's in chemical engineering and you're technically a genius... and it appears you're quite the investor. i like to trade. well, td ameritrade has pros ready if you need help, say talking through a new strategy... ... just in case things, you know, get a little rocky?

i'm sorry on the upside i think that's waterproof. maybe not... ♪ that's why working together ist more important than ever. at&t is committed to keeping you connected. so you can keep your patients cared for. your customers served. your students inspired. and your employees closer than ever. our network is resilient. our people are strong. our job is to keep your business connected . it's what we've always done. it's what we'll always do.

i've always said you can't afford to take your cue from genius money managers. been a theme for a long time they're not accountable to you they can change their minds in a heartbeat without giving you any notice and even the smartest investors are wrong. a lot. that's the nature of the game. nobody has a magic formula or crystal ball so you can't lend too much credence to the opinion of any one guy including me. by all means, hear them out, see what they have to say, but don't take their words as gospel you need to think for yourself rather than bowing to the conventional wisdom. let me give you some claire i

don't know examples. from february 18 to march 18, dow jones industrials plunged from 29,000 to less than 20,000. on march 18 that was the day when bill of persian square came on air and said the economy should be shutdown for a month this is a direct quote hell is coming a few days later the market bottomed and since then came roaring back when you parse what he actually said you could argue he wasn't technically wrong. he warned us what would happen if we didn't shutdown the economy. that became moot when we did go into lockdown like he wanted he went so overboard with his doomsday histrionics it scared people if he scared you away from stocks you missed out on a phenomenal rally the next day we got our second example, bridgewater came on "squawk box" and predicted we were on the verge of a second great depression he mentioned the 1930s as an analogy four times he talked about how the government would need to spend 1 to $2 trillion and the fed would

need to provide all sorts of guarantees to stave off a wholesale economic collapse. brilliant guy, much smarter than i, and that's where his bearish prediction went wrong. he's so smart the treasury secretary mnuchin and fed powel listen to him. congress acted it sounded like a massive bail that was unlikely and borderline inevitable we learned old school hedge fund billionaire came out with a statement the risk/reward was as bad as he's ever seen it we don't know his exact words. could have been taken out of context or blown out of proportion the way the story was reported, it sounded like he was screaming, get out now since then the dow is up 800 points it's barely been a week so it's too soon to tell with that call. i think you need to take it with a grain of salt just like you should with ackman with a whole carton of morton's iodized

they're always changing their mind ackman turned positive that's why you can't read too much into the grand pronouncements when you're managing your own money you have to think for yourself just like they do stick with cramer. at leaf blowers. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice.

but you're not mad because you have e*trade which isn't complicated. their tools make trading quicker and simpler so you can take on the markets with confidence. don't get mad get e*trade and start trading commission free today. don't get mad get e*trade and start trading i am totally blind. and non-24 can throw my days and nights out of sync, keeping me from the things i love to do. talk to your doctor, and call 844-214-2424.

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good evening i'm scott wapner on day 143 of the coronavirus crisis on the eve of memorial day weekend. our question tonight, is it safe to plan a summer vacation? >> just make sure we're staying six feet away today. >> part of disney world reopening. as we close in on memorial day, tonight what summer travel looks like across the usa, from planes to beaches to hotel rooms. >> our intention is to test as many people as