target. >> guy >> gold. >> thanks for watching fast. see you back here tomorrow at 5:00 for mor ♪ 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. i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramer america. i'm just trying to make you some money. my job is not just to entertain you but to educate you so call me at. last night i told you not to overthink the run in the covid stocks sometimes market rallies makes

perfect sense. but then there are days like today when i can't take how stupidly bullish this market can be the dow gaining 164 points nasdaq climbing 0.35%. you often hear people saying that the whole thing's been manipulated. it's a desperate federal reserve and it's a scared powell and it's president trump winning the election no, the fed's just doing its job. and if the white house wanted to juice the stock market, don't you think they already would've cut a deal with the democrats on the next round of stimulus see, there is a much simpler explanation. i call it clueless buying. i always say you should never underestimate the wall street promotion machine. but never underestimate the power of enthusiastic buyers who do not know what they're doing they know nothing! some people accuse me of taking

the thing too far. they say i'm not willing to call people out for being morons that are more likely to put retire clorox ceo than i am to put a departing ceo jim hackett on the wall of shame. they think i've become some sort of dalai lama disciple, maybe a wall street conscientious objector yesterday i screamed that the fed knew nothing as we were heading into the great recession. what happened to that? i don't know what to tell you. in 2020 the fed has been ahead of the curve every step of the way. powell may not be an epidemiologist, though he often plays one at the meeting at least he knows, he knew ahead of time. as opposed to the other guys, the last time 2007 how about our elected leaders?

it's absolutely insane that congress hasn't passed the extended stimulus package that there seems to be no plan. but that's politics in merg. and at certain point you bash your head against the wall and buyers seem to have taken a know-nothing vacation. maybe, just maybe, i can berate some ignorant traders into managing their money more responsibly. and that's tonight's object lesson so i want to start sorrento therapeutics you might've seen them they are a company i've championed repeatedly since june when the stock was trading at $4 they told us how they were working on both a treatment for covid and a prophylactic

i recommended it again weeks ago when the stock was eight bucks i told you sorrento had many shots on goal. you might've thought i was talking about where rico caruso used to hang out it was exactly the kind of covid drug stock that you should be speculating on i had been skeptical myself though i called our terrific bio tech expert to be sure i wasn't off track. sure enough, last wednesday, now, not tomorrow, buecause tha wouldn't be last, that'd be tomorrow they said they're announcing a rapid onsite covid detection test using saliva from columbia university that gives you a result in 30 minutes or less their test doesn't need to be shipped it a reference lab sorrento's marketing it under the name covid trace and you can potentially take the test at home one day the whole thing is in a single

tube and no swab up your nose. when they jam it up your nose, first they tell you it's going to be 10 seconds but it's really 12 anyway, when i saw it in the news i told my wife about it lisa is her name and we're finally going to get out of this mess because sorrento figured it out. then she told me she always wanted to go to sorrento but that was absolutely nothing. no, i said i'm talking about sorrento therapeutics. and then of course what she said, we couldn't go to sorrento anyway we're not allowed to go to italy. but she didn't get it. sorrento was $8 and change it did nothing on the release. no reaction. so either the market was being very stupid or something, well, let's say someone knew something. maybe sorrento was being too promotional like turns out the market was just stupid nothing has happened today sorrento rallied 31% to just under 13 the stock market's supposed to

be efficient but somehow it took wall street six days to process this news. if anyone ever says too you that the market's pricely instantly, you are now free to call those people naves, especially if they're professors at colleges on july 23rd, we learned that intel was having problems manufacturing their new seven nanometer transistor which is supposed to be the holy grail. everyone who followed the industry was shocked that this once great chip maker was struggling the perennial underdog is ready to go thanks to its partnership with taiwan semiconductor. they could take a massive -- i thought this story was huged and i pushed it aggressively on you just as hard as i could. arguing that the quarter would also be good in. a matter of days the stock fall.

but today jeffreys, a research firm puts out a note it's titled advance market viruses expect gain sales toing about asell rate. 9.5% today on that darn news wall street said, boy, were we wrong about this $100 billion business where are my sleeves but you could have easily gotten into this one in the mid-60s on the same news a week and a half ago. frankly, i've been recommending the stock since it was trading at $5 when ceo lisa schooled me about her company had a road map that would allow them to beat intel. it sure did. finally maybe the dumbest action of the year is this run in bp

today. the old british petroleum. back in february, bp raised its dividend by 2.4% raised making the case that the world of oil was getting better and better and wanted to return money to shareholders because things were so rosy. so what happened when they boosted dividend the stock immediately flew up and was 5% prepandemic today the company announces a record loss, pronounces its prospects are incredibly grim and to lower carbon and cuts the dividend in half not only are they telling you business is terrible bp is trying to distance itself from crude while performing cash that stock was down what a parade of horrors. are you kidding me bp stock rallied 7.5%. that's a bigger gain than they got in february when they told you business was great and they raised the dividend. stupid is as stupid does

it turns out the big buyer today was someone by the name of navin johnson. sometimes the stock market roars and makes perfect sense. but there's also plenty of stupidity, especially during earning season when there's so much news that it's hard to keep track of what's going on so the next time you see something totally crazy, it might not, well, it's not going to be the fed. it might not be the president. it may just be standard garden variety idiocy ron in alabama, ron? >> hey, jim. how are youdoing this is ron from alabama >> well, ron, how are you today? >> i'm awesome i'm a second-time caller so you're going to get a double roll >> well, i was going to give you sweet home alabama what's going on? >> okay. so i turned 59 1/2 this year and i rolled my 401(k) to schwab so

i get more choices so right now i'm all in cash but previously i had 40% -- yeah, they made me liquidate previously i had 40% in a fund called trlgx, which is essentially the faang stocks >> we'll put those together and get a fee for it it's a terrific business for them, not so much for you. so go ahead. >> so i'm thinking in terms about cherry-picking the best out of that. but my question is given the run-up, should i put my 40% in the faang all at once? >> no. you got to stage that because we are eventually going to get a down date. my buddy has said that stocks only go up and he's right. but there may be a day when they do go down when that happens, that's when you have to buy it you can't just come in and do this it is rather amazing that he got involved in may and we've had

almost no down day since then. but you have to wait for a down day faang or else i think you're going to get picked off. let's go to alex in georgia. alex >> jim from atlanta, georgia >> hey, i hope the outbreak there is getting under control there. you know >> yeah. it's doing all right under-armour and nike have both reported losses. who do you like and what should i do >> nike, nike, and then nike nike is charmed. it isn't that bad but they crushed it nike holds up. and when things start getting better, holy cow i need to go to rick in new hampshire. rick >> hello, professor cramer longtime, first time >> thank you for the tenure too. >> my stock reported earnings did better than expected

two quarters in a row. and that's ebay. >> i'm surprised she bthat ebayo doing better though. this is really the one we should be focused on. because i'm so busy saying that i like etsy and i like shopify and i like square and i like paypal and i just keep saying those over and over again because they're right. but let me add sorrento and now novavax. sometimes the market makes sense. other times it's idiocy meets lunacy tale told by an idiot full of sound and fury can business triumph over these challenging times? then time to brace for an electric slide tesla might be soaring but i will tell you what could pump the brakes on a company which is actually green giant to see how the pandemic is impacting profits. so stay with cramer.

>> 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 mad.com.cnbc.com on squawk box, eyeing the nation's economy challenges caused by covid plus, reaction to disney's results. tomorrow 6:00 a.m. eastern watch or listen live on the cnbc app. s vehicle at the golden opportunity sales event, lease the 2020 es 350 for $359 a month for 36 months. experience amazing at your lexus dealer.

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importantly green giant frozen vegetables 2016 through this past march, this stock was untouchable for the past five months though, this stock has been unstoppable. stocks rallied a quick five bucks since we last checked in with them in early june climbing to 29 and change as of today i was worried when they reported last thursday because the stock was coming in hot. but they gave you their second blowout in a row with 38% sales growth translating into a 10 cent earning. it is pretty hard to forecast out there. but they do continue to see sales and earnings materially exceeding their prepandemic forecast from february the stock sales a bountiful 6.4% yield. could it have even more upside or do we have to worry about what we get when we get covid contained? the president and ceo of b&g foods, welcome back to "mad

money. >> hello, jim. thanks so much for having me back great to be here >> got to tell you the thing that i found was most encouraging is while people are worried about when covid goes away, the number of new households that are trying your food, i think that's a staggering metric that we should all be focused on, correct >> yes well, new households and also their indication in terms of coming back for more in terms of repeat purchase is terrific. but in fact, you know, new households are the lifeblood of any business but our existing households and we're in over 80% of u.s. households with at least one b&g brand. they are making the majority of our sales growth and then the new households are kind of icing on the top of the cake so, it just translated to an outstanding quarter. >> now, one of the things that i am really very excited about your company is that while it's acquired and traded and gotten rid of and added, what you're doing right now to expand the

aisle for green giant, i want you to tell people because it's all the exciting stuff that i know not just millennials but people my generation like. >> well, yes green giant is really a great story. when b&g purchased green giant in 2016, it had been in decline for many years and literally the company reawakened the giant through innovation, really bringing innovation the first in a long time to the category, things like riced vegetables, spiralized vegetables, products made from vegetables that go after other carbohydrate-type products like potatoes now we're going into pasta, pizza, and pizza crust and the dry rice aisle we are driving a lot of great carbohydrate-replacement alternatives with products that are made from vegetables so now instead of just launching new products in the frozen vegetable set, we are now expanding throughout the frozen and now the dry grocery aisle.

vegetables, we've always been told as a kid to eat your fruits and vegetables while green giant has its kind of mainstream vegetables, the innovation that the company has developed and launched since the fall of 2016 is staggering you've got the products cumulatively sold over a half a billion dollars of retail since the first new products were launched and they continue to drive terrific growth for us >> i was also thrilled that you did something that i've always hoped this company would do, which is that you have dashes which i use dashes because i was told when i was a little boy that salt kills you. and you put it on green giant, which makes all the sense in the world. >> yes this fall, it's probably one of our first-ever combining two products we're going to be selling green giant with mrs. dash already used as a seasoning in the product. convenience is very important. healthy eating is very important. so that's a great combination of two really great good-for-you

brands >> i go into my pantry and i'm thinking, i don't know, what is this stuff you bought. and there's -- >> clabbergirl is a fantastic share we made in 2019. our retail customers want a one-stop-shop solution, it was a terrific acquisition the company was very well run. and folding it into our company really at full stride allowed us to get synergies and things like distribution and things of that nature but it's been a terrific acquisition. we brought some wonderful people along with a terrific manufacturing facility in terre haute, indiana virtually ring the closing bell at the new york stock exchange last month a great way to honor our heroes and employees working through this pandemic. and it just so happens now that

it was a great company before. but now people are back into baking so, you have to have baking poweder to bake, and we have over a 90 share of the bake powder market. i think our consumption in the second quarter was up 60 or 70% versus the prior year and still growing nicely >> there is an undercurrent always about, okay, so what happens when things end. you were talking about people are learning about how to cook, which is kind of a lost art because we all went out so often. that's got to be something that passed the pandemic. >> well, it's funny. i was hoping you'd put us as part of your covid-19 portfolio. [ laughter ] however, forget covid-19 for a second i haven't talked to any company. a lot of my consumer package goods peers, been talking to a lot of our banking companies and there isn't one company that has said when covid's over,

we're going back with everybody coming to the office five days a week every single company i've talked to has said not sure i'm bringing everybody back because remote work is working really well and of the people that are coming back, probably not bringing them back five days a week in order to allow people to take advantage of better work/life balance. so there could be a vaccine tomorrow but i don't know of any company so far that i've talked to that said they're going back full board the way they did so i think post covid, people will be working more at home which means people will be eating more breakfast at home, which means you can run down at lunchtime and throw a banana bread in the oven, banking and our categories are just perfectly positioned between vegetables, meals including snacks, breakfast, lunch, and dinner, condiments, spices and seasonings, baking, and just perfect. and we're across the pantry, we're in every aisle, dried food aisle in the store plus the frozen aisle we even have some brands that merchandise in the deli aisle.

we're ready to continue to meet consumers' needs as they cook and eat more at home >> you paid down 170 million in debt you've got your balance sheet better maybe we can stop worrying about that dividend. people worried when the stock we want to 18 that was a mistake we never talk in the board room about how much we're going to increase the dividend. so we don't really have any plans to cut the dividend. we're committed to the dividend. as you know, jim, you followed the company early on that's why this company was created. and we're very happy to have just announced our 64th consecutive dividend and we're very happy about paying down debt we know it got a little bit high for folks. and now we're right in the middle of the range that we like to be in we will always look to further reduce debt. but then we want to get back on the acquisition trail. we would like to add to the

continued valued creation of this company >> the dollars don't know what to do now. but the buyers know you've got a fantastic brand and a much better balance sheet "mad money's" back after the break.

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based on the action in the market over the last few months, you'd think the electric vehicle business was booming right now even though the stocks have cooled down over the past couple days, it's not right you see, there's a boom in tesla. there is a bull market in tesla. there is a lot of money being made in tesla. this has been a fabulous time to own elon musk electric car company. with a stock that's run from the mid-300s in march. that's a monster 324% gain ♪ how's your index fund doing? i am very glad i started

recommending this one aggressively last november i can get rid of the "i'm with stupid" shirt that i used to wear before i realized tesla was going much higher. but beyond tesla, i think the rest of the electric vehicle space looks like a boom and then more like a bubble we keep seeing more and more of them come public often reversed mergers, special purpose acquisition vehicles their stocks have started to implode. and many of you want to try to catch these falling knives don't! people are hoping to find the next tesla, the next tesla of trucks, the next chinese tesla, the next tesla of salami i don't know whatever they're doing. in fact, some of these electric vehicle plays are a little more than a business plan, not even a full blown business, let alone a good business. the bull market in tesla, it's real, and it's spectacular the bull market in pt rest of the electric vehicle place feels

way less substantial and i'm warning you to stay away no matter how awesome it seems so tonight i want to go over the ev plays, the other ones, the ones that everyone's so crazy about because we seem to get a new one every day. they are awfully hard to keep track of first there's nicolai fuel cell play they come on tv a lot and the guy's a nice guy i warned you away from this one. every few years speculators crowd into the hydrogen fuel cell names then the stocks implode and the technology never seems to go anywhere nikolai warned you that the stock would spike right out of the gate and then plummet. when we heard that he was nicking with vecto iq. as we got closer to the merger in early june, the took took off

it >> went from $13 at the end of april to nearly 29 at the end of may. at the beginning of june i warned you that this thing would spike if the deal closed at the time it was trading just under $34. and you had to sell it into the spike because there's no way it would last within a few days nikolai's stock nearly tripled to an intra day high of $4 closing at just under $80. that is one of those horrible pure wets that all the charts would tell you means it's the end. this one has been indeed freefall down hill from here it was currently trading at just under 39 how did i see this coming? i figured the hype would give you one big move higher. but beyond the hype there wasn't much there other than people were going to heckle me endlessly. nikolai's got no products. that's always a sub optimal way

to run a business. the real plan is a hydrogen fuel-celled powered truck for 2023 most of it is in the idea, the concept. nikolai was at 25 billion or even a $14 billion valuation ideas per share is still not a spectacular method it's still not buying ideas per share. in some ways the stock was a victim of its own success. the big rally meant that a whole lot of warrants were becoming more valuable. 24 million warrants that let their owners buy the stock at $11.50 and they also registered 53 million shares owned by their private investors meaning the stock market got flooded with new supply now the company just reported tonight and the stock got hammered in after-hours trading. i don't know what people expected they don't have any products to sell you so how could they have any concrete orders? think about that for a second. orders that i thought, they have

orders but they're not building big factories like in china and berlin and stuff like that next up, there's nio, the chinese tesla. this thing came public in september of 2018 and the stocks spiked early last year after it was on 60 minutes before coming back to earth when we got reports of battery fires across china that led to a massive shortfall. they were trading at 2 bucks but as tesla exploded higher over the last few weeks, nio caught fire too, metaphorically only the highs were last month. it's pulled back to 13 and change today i think gold man sacks tells the sale perfectly they downgraded to neutral at six. then slapped a sell on the stock after it broke out into the teens. i think they're going to be dead right. i'm very spectacle of nio. first they've got negative gross margins. in other words, they're a long way from profitability unlike

tesla which has reported four straight profitable quarters the chinese tesla is tesla, which has a major factory in shanghai and they were already selling a lot more cars than nio and we have another chinese vehicle they make a premium smart electric suv and they say they're the first to successfully commercialize but the company only started producing its first model in any meaningful volume last november. they have sold a total of 10,400 units total. stock became public at $11.50. here in america spiked about 16, which is where it stayed something i bet chief's top trade adviser peter navarro would dispute. by the end of the year we're going to have another chinese, which is the direct competitor these bull markets tend to run out of juice when there's too much surprise because their stocks lose their scarcity value. i was a sceptic even before the chinese trade war. but now just google "lock in

coffee, please and it's not just ipos you've also got the nikolai imitators. they're merging with special-purpose acquisition companies. there's tortus company that's developed helium spartan energy acquisition merged with electrical vehicle play that's working on electric suv. maybe it'll be a hit but this is the stuff that dreams are made of yesterday we heard that diamond peak holdings is merging with lordstown motor which took over chevy's old cruise plan in ohio. they're working on an electric pickup truck founder previously ran an electric vehicle play workhouse. i wish them all the best of luck with other people's money. and speaking af -- this one's been public for a while.

it pulled back to $17 today. they're working on a couple delivery vans potentially for the post office. again, maybe it works. but if the hope is a contract with the invalid u.s. postal service, i'd say that's a thin read there are many more of these there are too many to mention. and a lot of them are too small to mention but i felt like this is what everybody wants to talk about. so i said, okay, let me just sum them up and give them to you let me give you the bottom line. this is the most important point. why would you speculate in a chinese electric vehicle play where a hydrogen fuel play or any other play, a super speculative one with no sales when you can just own tesla? especially now that tesla's pulling back from its highs. i think it's time to stop overthinking the story why go with seven birds in the bush when you've got one in the hand let's go to mike in new jersey

>> jim, mike from jersey shore >> let's put some mash on for heaven's sake. >> my question is on ford i purchased this stock a month or two ago prior to the company releasing news on the bronco's rerelease following the share price i thought if the share price offered some value i've listened to you as you speak of companies with bad balance sheets and understand that ford falls with n that category at the present. this morning they announced the change at the top. and i was looking to get your opinion on ford going forward. >> all right i have to tell you that the previous ceo, i found him mystifying but this guy, this guy farley, he may be the real deal. i like the fact that he bought a million bucks worth of stock, him and his wife we bought the f-350 which

they're never called the f-350 but this bronco, my wife wants to get rid of the '94 defender, which, by the way is the range rover and get a bronco so i think ford's okay for trading but so many younger people own the ford in robin hood you've got some just okay investors. don't expect an overnight success. dave in california, dave oh, dane what's going on? >> hey, man. quick question how come you don't throw the chair anymore in the lightning round? >> because i hurt my back. i got a l3-l4 problem. two epidurals. thank heaven for dr. feely i hurt my back it was really stupid to do that because my back was killing me i couldn't figure out what was killing it i stopped throwing the chair but i still needed the epidurals so what's up >> hey, quick question so, i am calling today about a

stock. amazon and walmart invested in believing yesterday they struck a deal with a uk super market chain. is plug a former penny stock recent guest on "mad money" now a legitimate force ready to turn the power on in the race for green energy >> i after having plug on and those last two acquisitions that i liked, started seeing the bull case i can understand the bull case because of the deal that you just referred to but, that said, as between plug and tesla, tesla stop overthinking about your vehicle place, please. you got this guy elon musk, he's really smart he's created a tech company. the tech company's name is tesla. there's much more "mad money" ahead including my take on the state on business. then i'm talking clorox and the packaged food stocks and tonight's edition of "the

lightning round. so stay with cramer. and can't wait until you are too. universal orlando resort. buy now and get two days free at the parks. restrictions apply.

can business triumph over the pandemic maybe the abstract but certainly not all businesses the former ceo of starbucks was on this morning with a plea for the government to help businesses he is dead right without some sort of bailout from washington, hard cash, eviction moratorium until the end of the year, expanded unemployment benefits, i feel we can say good-bye to the preponderance of small businesses simply don't have the cash to get through to the other

side of the pandemic social distancing is the kiss of death for independent brick and mortar retailers there is just not enough room for customers to spend in the places the cost of serving hasn't come down if i'm going to have to get in line to go to a store or get my temperature ten, i don't know, amazon we need a government that's willing to deal with the inevitable consequences of these policies we need the government to offer business interruption insurance because the government closed your business down the thing is as i said over and over again, we don't trade the stocks of small businesses they have no representation in this market, not even in the small cap russell 2000 index at most we have companies that have small businesses at clients. etsy, facebook, shopify, paypal.

all of those have been on fire because they represent a digital life line for struggling business owners. they help you take your brick and mortar outfit online and that may be the only way to survive here because it's probably broken without it at the end of the day though, small business loss is big business gain. and that's what we see every day. what propels the stocks of big businesses it starts with the macro today the macro gave us the prism that we used to examine earnings when the price of food stalls or goes lower, we tend to revert to the cramer covid-19100 hot list. we are going to get more of these days then we get some positive new orders from manufacturing goods. they didn't look like recession numbers. your order's up 6.2% in june,

better than expected aircraft increased by 3.4%, not recession numbers. maybe we've hit bottom only 12% of the economy but it's nice of course in terms of the pandemic, we were in much better shape for most of june than we are now. still the numbers are great. that unleashed the bull hounds not so much to the industrial as to the consumption stocks when the economy has a pulse, it makes a lot of things come alive. it gives you a chance to accentuate the positive too, which is exactly what happened after the close when one of the key bellwethers of this market, the walt disney company reported what looked to be a just horrendous number. when i saw it, i was, like -- then i also said you've got to listen to the conference call. because he's got it wrong. initially the stock dropped 3 bucks on the release the results were grim even as the earnings came in better than expected the disney plus numbers industry

did look terrible. but the help, people took heart that they will be offering "mulan" into tens of millions of streaming subscribers. they are charging people $29 999 cents to watch that we will see another streaming focused investor day boy that gotpeople going that more than blotted out the 85% drop in theme park revenue to be fair, who really thought it would be better than that after the covid surge in california, you're going to get some strange numbers going forward. disney's espn has never had basketball numbers in the summer months and that will help with that let's just say it's not as bad as we thought. believe me, if the macro were weak, this stock would've sunk like a stone but when you see better airline numbers, traffic up 43% month

over month in july, you get the possibility of a saliva test that sore entheo talked about. you begin to have visions of the post social distancing economy and that's how the stock of disney ended up so strong. home entertainment is still the star of the show we didn't get to take "take 2" interactive. we had a big storm here in the east but the nba 2k were on fire. that gave you an almost ten-point game the bank stocks are beginning to report that bad loans have increased. it's very subtle it's in smaller print. but it's something that should've made you worry about the viability of their dividends. but people ignored it today. the banks are the biggest intersection between struggling small business and thriving stock market even as many reported okay numbers, i think the loan lost visions they put aside simply aren't big enough for the fed or the treasury to make peace with, particularly without some sort of compromise from washington. i envision numbers loss so big that you'll want to sell perhaps a good employment number

on friday. and who can resist from buying carnival, norwegian, they all filled out some of the largest percentage gainers when you combine the macro with the prospect of a stimulus deal, you are going to see a big deal in the struggling stocks so they got less competition more of them fall by the wayside each day home depot and costco which reports monthly numbers tomorrow night. and of course amazon up nicely today. not to mention dollar tree, dollar general, burlington stores and even l brands, although the latter's more of a self-help store. sure there were some covid-19 index winners. the market surged for something with a pulse the fact that disney had a pulse and a stock that could fly after the hours tells you the bulls

are still in charge, especially if congress is still making progress on the stimulus but the other part of the market, the non-covid part ended up playing catchup today that move may not be over. stick with cramer.

"lightning round" is sponsored by td ameritrade ♪ it is time for "the lightning round. ♪ and then "the lightning round" is over. are you ready? let's go to sammy in louisiana >> boo-ya, jim

>> you've done real good with your show. >> i'm sorry >> oh, my staff is fantastic we've got dylan there. he's amazing what's up? >> and you're great too. >> oh, thank you >> and also i just want to let you know today when a robo call called me, i insulted it when i said you can throw the margin out the window to see the butterfly for all i care >> okay. >> i couldn't wait to tell you that [ laughter ] >> sam, are you from lake charles or lafayette >> anyway, what's your thought about kellogg? >> i like kellogg. i think it's okay. not my favorite food stock but it's not bad it's not as bad as it used to be let's go to ryan in oregon ryan >> boo-ya, dr. cramer. >> thank you very much hey, i'm calling about a company focused on the development of cloud-based platforms for work management what are your thoughts on smart sheet? >> no.

if you're going to do cloud-based work, my fav which is indeed salesforce.com bill in pennsylvania, bill >> i'm nervous over rival tesla's ride-hailing service what's your take on uber >> uber has to get rid of anything that isn't making money. and i think they have the capability of doing it but if they don't, it's not going to work. although i do like their tie-up with clorox. daniel >> hello, jim. how are you doing today? >> i am doing fine thank you for asking how about you? >> it's good thanks for taking my call. i appreciate that. i called you about a month ago and i asked your advice about pinterest and it worked out very well >> well, there you go. i like this guy. i like ben >> how about dropbox >> that's a tougher one because doesn't really like them

i'm a seller, not a buyer. and that, ladies and gentlemen is the conclusion of "the lightning round. >> "the lightning round" is sponsored by td ameritrade take control of your financial future with the new madmoney.cnbc.com. full interviews, analysis, even your own sound board plus, special access to "mad money" 101 with rules and techniques to break down the market for all investors >> the red flag that makes me drop a stock immediately is -- >> it's everything you need right when you need it the new madmoney.cnbc.com. we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart.

choose the app that fits your investing style. ♪ the covid-19 pandemic is creating food insecurity on a scale not seen in decades. an estimated 54 million americans will struggle with hunger. ♪ with 200 food banks and 60,000 meal programs, feeding america is the largest hunger-relief organization in the country. join morgan stanley in supporting feeding america and your local community food bank. ♪

boo-ya you can see more of me on peacock, the new streaming service for nbc news universal stream money tips for free learn more at peacocktv.com.

>> the upstart founder first on cnbc earnings impact, squawk on the street 9:00 a.m. eastern listen live on the cnbc app. how long can the consumer packaged goods companies keep putting up such spectacular numbers? [ cheers and applause the problem is no one knows. not the analysts, certainly not the investors. yesterday clorox posted 24% organic growth the stock falls $5 yesterday and then rallies $5 today. more of that bathroom behavior that i referenced at the top of the show it gets more confusing unlike the rest of the developed world, we don't have the virus contained. no other rich country has this kind of outbreak, not in europe, not in asia. right now we're more comparable to mexico or brazil. you got to make sure that something kills covid. on the other hand, we got a

recession. the cheaper knock-off brands that hasn't happened so far. in part because we had those generous jobless benefits until last week, partly because people are shopping online. online you're more likely to go with brands you trust. that's three levels of confusion. i think as we're taking a closer look at each of them through the lens of clorox, given that we just spoke to the fantastic ceo of clorox last night the bad news, we have the most conservative outlook imaginable with a forecast that left a lot of room for a downed year. clorox is very well run but at the end of the day they sell cleaning products and trash bags they can't afford to recommend a stock with management flag and decelerating numbers they didn't bother to go underneath and ask which categories, probiotics, trash bags might've gone from pandemic to actually secular hygiene and stay at home necessities so they were all kind of

half-hearted today like i told you last night i think clorox was extremely conservative because the ceo wants to make life easier for success if we happen to get a vaccine sooner than expected but if you're like me and you think the pandemic's far from over, clorox can be the best nontech stock out there. benno could've easily let the analysts run wild with their imagination. but with those conservative numbers they are forced to take down the rest. we are heading into the cold and flu season where wiping down a snot surface will be important people are stuck at home here's what really matters, if you think we're get a vaccine or a treatment sooner than expected, then sell the stock on clorox if you think it'll take longer, you buy the stock on clorox. my gut tells me it is more upside will the you might want to wait for the next pullback before you pull the trigger stick with cramer.

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♪ look, i see a lot of stuff that's going up. retail's starting to head up and i know that covid index headed up. and the thing i'm most worried about is the banks and i know that it's tough to sell something that's low and something that has high dividends. but they just kind of feel like the real estate investment trusts not that long ago before everything gave up there is always a bull market somewhere and i promise i will find it just for you right here on "mad money. i'm jim cramer and i will see you tomorrow

ignited america's entrepreneurial spirit, and we are still blazing a trail. for those who take their fate into their own hands by working hard... we took a huge chance. i quit a full-time job. ...by working smart... who here would like to help us refine the gentleman? ...by thinking big... boomboom is intended for intense refreshment and rejuvenation. ...and chasing their dreams. my dream is want to come america to be a fashion designer. narrator: and tonight, legendary nba star and investor charles barkley joins the tank. barkley: anytime it comes to investing, you're really investing in people. you seem to be on the right track, and i'm willing to take the chance. your margins suck. i think your valuation is gonna need a haircut.