king is older and white kastle is even older than that. you don't need to be first i like facebook. >> i'm going to go with tim's trade here looks like this thing wants to retake 50. that ♪ 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 cramer america. my job is not just to entertain but to educate, teach. so call me at 1-800-743-cnbc or tweet me @jimcramer. i always like to have a list of touchstone stocks that can shine a light on where we're headed.

taken individually they can mislead us but taken together they are like high beams who can keep you from straying into the wrong and dangerous lane [ screaming this was a good day for the bulls. dow gained 3919 points nasdaq advanced 5.2% more importantly, though, every single stock, on my go list like the go pattern in football, a go list was up today. meaning that something very big could be afoot that is highly unusual what's on my goal list i'm talking about the companies that are doing okay right now. but if the pandemic were to end or be behind us, they'd be putting up breathtaking year-over-year comparisons and we care about yoy, year over year by the time next year we'll have found a way back to normal or at least an almost normal situation. and it's probably going to happen much sooner than that

i'm going to rip down that list to show you what a go pattern looks like but before that buyers have decided that science will beat covid sooner than expected so you'd better get on board or miss the move. now some would argue today's strong upside says signals that we're about to get a deal in washington and helps keep the unemployed from going on bread lines. i keep telling you that we need another package and i've been saying it forever. we need it fast. it would be insane not to do this, which is why i expect the democrats and republicans to work around the clock tonight and tomorrow night to give us something before it's too late i'm very glad the negotiations seem to be making process res. but the go stocks today, they are not stimulus plays i kept hearing about this all day today. forget that. these what i'm about to show you are real tells these are the vaccine plays, the ones that need a covid vaccine

or therapeutic to really thrive. right now they're saying loud and clear that a vaccine is coming, probably sooner than most people believe. i always knew we'd get there i knew it. when the pandemic first started steamrolling, i warned you it would be much worse than the government seemed to realize including president trump and his secretary azar i screamed at him on tv. but i also said you have to believe in science we have got so many brilliant professors and researchers at drug companies all over the world. of course, america's chief it was only a matter of time before they came up with a vaccine or a cure. i thought it was inevitable. the only issue was how long it would take so i warned you do not bet against them don't bet against america. don't bet against american science. i figured i could get away with saying something more bullish after spending most of february and march sounding the alarm about the virus being ridiculed.

don't think the view is it can't be that controversial. i said the scientists will figure it out. they would come up with something. isn't that what they do? don't you think these people who work at eli lily, astrazeneca, regeneron, do you think that once they were unleashed on a problem, they wouldn't solve it? of course everybody else is focused on the doom and gloom at the time, so saying anything remotely optimistic opened me up to the ridicule that i'm pretty much used to by now. i am not going to name names because i am a man of peace. but some young journalists back in may said he was skeptical that it would start in late march. i saw jim cramer, yeah, he's still around [ laughter ] on cnbc saying that bears like me were, quote, betting against

science and basically selling the country short. a comment that he said called an animal house worth googling. given the performance of the markets since then, it seems pretty clear that the bears including that writer who i guess is still around -- [ laughter ] were dead wrong. oh, and for the record, tim mathison's great, but i'm far more like those three guys sitting on the couch that omega pledge scene let's get back to what matters though the stocks on my go list that are screaming despite the skyrocketing case count that are beating covid in a couple months this is an i'm going higher because covid's going to be beaten in a matter of months list so i'm going to tell you why today's action makes me so confident it's not coincidental. first there's dupont here's a high quality industrial chemical company that's linked to housing, auto, electronics,

safety, construction, nutrition and bioscience the biggest markets have all been threatened by the virus that's why we've been saying i want you to buy dupont hand over fist which you can join. and based on the assumption that we're going to get a vaccine today the stock rallied 3% signaling very strongly science will win jp morgan, the best industrial analysts out there spoke positively this very morning about 3m suggesting it could be turning a corner the ceo talked about july looking much better than june. no one paid attention to him wrong. i like 3m right here right now you are free to buy it and i have not said that in ages disney's on my go list i told you last night, that's all about the idea that we'll get a vaccine because without one, too much of disney's business remains in trouble. with it, movies, theme parks, cruises, sports. it all comes back, except now

you've got disney plus driving the bus. what else? if you're predicting an uptick in global commerce, i look to two stocks as beacons, master card and mastercard. we've got some good action from squares numbers. mastercard failed to rally after it reported because the pandemics put the kibosh union pacific, see, they ship imports from asia to the rest of the country to go to retailers today's rally says that scientists might be able to save the holidays wouldn't that be something save the holidays? next up, nike's putting up good points that's always a great sign ralph lauren which wasn't all that bad when you go over the conference call yesterday, not that anybody did and pvh is the company behind

calvin klein and tommy hillfigure maybe people going out, that's what that 7% rally says to me. finally there's three more industrials from a list that don't get a lot of attention there's ppg, emerson and nucor when all three go higher especially after so much car piem, that tells you the big money's betting on return to world growth now the stock market's not a crystal ball and i'm not sure wall street has any special insight. but here's the bottom line when my entire go list, the entire one goes green, something we haven't seen in weeks, it tells me that a lot of money managers are either about to turn more bullish about the prospect of a vaccine or a therapeutic or at least the bears are throwing in the towel because they're worried about

monoclonal antibodies and a cocktail for that. i'm not saying that you have to bet it all on science here although this action makes it crystal clear that it's a very bad idea to bet against it and i'm still here john in new mexico, john >> hey, how's it going, jim? >> it's the greatest day of my life how about you? >> pretty good first-time caller, longtime viewer my question is on ticker symbol ktos on their partial contract award-winning for 400 million, what are your thoughts on -- >> i like it i went to those fabulous boards. what is it, the twitter and everyone attacked me they said you don't know the difference between that and whatever they were lying about i do like the defense stocks by the way. hey, why don't we send a message

to michael in massachusetts. michael. >> boo-ya, big jim >> yo-yo >> my question is about ge one thing that i'm nervous about, i don't think they have a strong balance sheet i know they're heavy on airplanes and cars jim, do you think this is a good investment or not? >> okay. robin hood likes this in 6 plus 6 equals 6 they are selling some stock which i don't like to see because nelson's brilliant it's a wait till next year situation. when i got stocks you don't need to wait for, stocks like dupont, stocks like 3m, they're ready to roll and those are better than general electric how about we go down to david in louisiana. david. >> boo-ya! first-time caller. love the show. >> you're from boo-ya country. >> yes, sir. i bought some dividends but i

expected more growth during the pandemic of the price of stock even near the year-to-date should i buy more? >> you can hold it don't buy more remember, if we suddenly think that a vaccine is within the horizon, that stock's going to slow down. kimberly-clark has never been in its lifetime a stock that goes up like other stocks hold onto it maybe i hurt his feelings. i don't remember doing so. all right. i got touchstone stocks to give us an idea of where they're going. they all ran in honor of the nfl a go pattern on "mad money" tonight. we got beyond beat they topped earning expectations but the stock dropped. what the heck was that about i'm going to sit down with the ceo. then the buyers and sellers are at it again.

i will point out where they will tilted incorrectly looking for a link between xlnx and your portfolio >> don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer #mattweets. 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. what happens when a wireless carrier

puts its customers in charge? well, the good news gets shared. and it gets rated #1 for customer satisfaction.

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the previously red hot company announced they were far from thrilled their stock plunged 7% in response the sellers are not always right. i thought the numbers looked pretty solid management didn't reinstate the full-year forecast and part because the company's losing money. mainly though i think beyond meat stock came in too hot in the quarter. a week ago it was trading at 126. yesterday it closed at 142 all right. i am not worried we know the company's losing money because they're thinking much bigger than most companies do that i talk to. and that includes some price cuts to win over regular meat eaters what matters is they had 69% revenue growth that's a sign of very strong demand and of course it's a tech company that sells food. do not take it from me let's drill down with one of my favs, the founder and ceo of beyond meat, get a clear picture of the quarter and its plans for

the future mr. brown, welcome back to "mad money. >> thank you so much for having me, jim. i appreciate it. it's always a pleasure so, ethan, you're in front of me i'm going to talk about the super market in the second but it's something i am very excited about. i happy to be a big kfc devotee. i get, eat the chicken, i don't know what it does for me how did you come up with something that is as delicious as this? >> oh, it's been great it's been a labor of love. we work on chicken now for over a decade and we're really fortunate to get engaged with kfc and their leadership team to create something that was truly special that took the best of what we could do which is create that fibrous texture of muscle or meat but do it from plants and all natural ingredients and combine that with their terrific seasoning and presentation so it's been a homerun here at l.a. we're supposed to be on market for a month but ran out in two weeks and i probably was a pretty big part of that it was a great product >> a lot of people got caught up

in the mcdonald's trial. mcdonald's, a different company from this. they are run by franchises but much more essentially located with the idea that if it's a test, they will blow it out. and i think that this is such a great product that this may be the next leg of the stool. and it really is borne out by how quickly you did sell out, which isn't a highly unusual thing for a fast food company. >> we're doing great in these relations we have with the qsrs whether it's hardee's or carls junior they are all coming out with new products during the pandemic they are allowing us to drive traffic not only here in the united states but also in china lost 3,000 stores. so, the world continues to move forward. we're going to get out of this pandemic we're going to be stronger than ever and we're really excited about our future >> all right now i felt it was important to bring that up because of how

good it tastes you were on last time. and you said you had to pivot. you had a once-in-a-lifetime opportunity because of all the problems of tyson. tyson meaning people having covid, factories, i don't want to eat that food, it's covered with covid i know it really wasn't but that was the perception of america. you said i got to get out of the food service, get into the super market and cut my prices, won't make as much money as i'd like because the closer i get to the price of meat, the more share i've taken how has it worked? >> so it's been remarkable, jim. and i want to make sure i'm heard by the employees that made this happen. we have hundreds of men and weap women that put on masks and did other precautions and came into work every day and was at 50/50 retail and food service. today we stand at 88% retail and 12% food service we're not a digital company. we had to move physical assets to make that happen. so we're moving pieces of

equipment. we're taking food out of boxes that has been prepared for food service and putting them into retail packaging these men and women about that day after day and it drove record sales we had our first quarter of over $113 million in sales in net revenue. if you look at the trends that were occurring in retail, they were absolutely remarkable our household penetration grew 40% from january up until today. that's a remarkable increase you look at the buyer rate for households not only are more households coming into the brand but they're also now spending more per household. repeat rates are up 50%. velocity, 88%. listen to this number. globally our foods a, our net revenue grew 192% in retail. this during a pandemic we're now 112,000 locations worldwide. so we are chomping at the bit to come out of this part of the downturn associated with the pandemic and come out really strong with a widened retail

baseand a food service sector that's ready to jump on our products it's an exciting time here at beyond beat. >> ethan, i share his mission. but you have to understand he's coming in cold, heart, empirical facts. when you talk about repeat spending, we talk about spending per household, those are the holy grail that's the trinity you have to have the trinity if you're just a plain numbers guy. and he's more than a numbers guy. and one of the reasons why he has it is because he comes up with things like the cookout classic value pack, which, to me, took the food service -- it took grocery stores by storm >> it's been a remarkable product for us so this was something that i've been really interested in doing for a long time. as you know, about 18 months ago we set a goal to give underpriced animal protein within five years. and to see the beef prices go in the direction they were going and not do anything, i felt would not be responsible we said how do we create a cost structure within a quarter that

allows us to go from roughly a 2x premium on the price of conventional beef patties to being at a 20% premium and we were able to accomplish that through these value packs we only got them out at the last three weeks of the quarter but the results have been fantastic. we're actually now able to contribute about 16% of our volume growth in retail to these value packs. they are selling anywhere from whole foods through to target and others we were able to get these to the consumer at prices that they are able to afford and get more and more healthy plant-based meat on their plates so it was a big win for us you're going to continue to see us be very aggressive in pricing. are consumers interested in continuing to consume meat but consume that meat from plants? the second question is are you willing to pay more for that product? i'd rather get away from that question and deliver these products at the price that's equal to protein and ultimately below. because we look at our production process we are able to produce at an

expense structure that is lower than that of animal protein. we just need to get to scale >> i know there are two machines that don't make good protein and those are cows and chickens. and the ones that make good protein, you're looking at him, ethan brown, ceo of beyond meat. a company that i am proud to have championed now for 100 points and there's much more to come "mad money's" back after the break. ♪ 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. ♪

♪ a lot of people in this business are very, very smart. but as i said at the top of the show, the stock market's also full of idiots don't get me wrong i've made my share of stupid calls. you can probably catalog them all tonight in twitter and have some good times. but there's a difference between garden variety mistakes and just appalling errors of judgment

every earnings season we get an extra help of stupidity. tonight i want to go through some of the more egregious let's start with wendy's i like wendy's, not just because my wife can put away a double baconator quicker than anyone or that i am salivating over the new spicy chicken sandwich more than this stuff, though, i like wendy's for consistency during the pandemic. when the stock fell to $7, i was appalled and i told you to buy because if any quick serve chain could bounce back, it would be this one and almost obligatory selloff every single time in the wake of good news. today wendy's reported again and we saw the same moronic pattern. very high single digit seems to our sales, 9%, it was spectacular. the idea that the stock plunged nearly 6% is down right appalling. but to power phrase, nobody ever

went broke underestimating the intelligence of the sellers who dumped wendy's every time it reports a great number buy it or how about regeneron the stock was down 3.7% today. not to mention the possible success from lintia. there was a lot to like. best of all though regeneron is working on an antibody cocktail that could play a role as a rapid first-line defense against covid especially for people who can't, for whatever reason, take the vaccine. and the elderly and the immunocompromised. when i pound the table about don't bet against america and its scientists, i'm talking about regeneron and its cocktail finally these two. i get it, livango and teledoc.

teledoc is the de facto king of telemedicine it now has 70 million users. livongo is for people with chronic conditions, especially diabetes that's why the stock's up more than 400% for the year there's only 25% overlap between these two countries. i think the merger is brilliant. these are two great tastes that taste great together once the deal closes, it will become a mutual fund for health care it's a winner no matter who wins in november. i don't want to punch down but if you sold wendy's, regeneron or teladoc today, i think you made a huge mistake. that's as diplomatic as i can be about this ridiculous action stuff like this makes me punt for the yield. alex in florida, alex? >> hey, jim, boo-ya.

>> so i bought a bunch of royal caribbean in march and it worked out pretty well so far i'm down in miami beach right now staring at the cruiselines cruise companies are voluntary suspending cruise operations till halloween they still finished up for the day. and i know it's well established as stocks go up. should i take my - >> the reason why i favor norwegian, had the fewest covid incidences and most posimportantly has the most cash per so he can last the longest and that's the one that i favor. disney is a big cruise business and disney's doing well without it how about we go to tim in new

york tim? >> hey, jim. big brooklyn boo-ya to you go birds >> i was in brooklyn last night. it's looked better and go birds what's up? >> hey, i've got a name for you in the cloud communications space, a space that, as you know, has been on fire with names like twilio and ring central thanks to strong recurring revenue growth and around work from home and digitization there's one company in the group that seems that it may be a bit misunderstood and despite growing revenue at 25% year over year still trades at a fraction. that company is 8 by 8 ticker egh. >> man, i have not looked at 8 by 8 in ages pbx has changed. i have not done enough work. i will come back we got a lot of homework we got to cover we've been getting a lot of guests i don't like to sleep tuesdays anyway, there are a lot of smart people in this business. there are also a lot of well, i

don't know, what you say, idiots there's much more "mad money" including my interview with xilinx the stock reported a remarkable quarter. but it took a tumble in china. i'm going to go to the ceo and he's one of the most forward-thinking executives in the energy patch do not miss my sit-down with sempra energy. and "the lightning round." so stay with cramer.

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you might've missed it boy, has it been loud. but a week ago we got a fabulous quarter from xilinx. that's a semiconductor company which makes programmable logic devices. they are flexible tips that can be customized to each customer however, there was only one fly in the ointment that sent the stock tumbling the next day. see, xilinx delivered a robust revenue beat even though they had already preannounced strong sales numbers. the data center sales were up 10% versus the previous quarter. and 104% year over year.

up 27% versus the previous year. xilinx gave us a terrific forecast for next quarter. so what's the prosecublem china. recent additional u.s. government trade restrictions on sales of certain xilinx products some customers were with operations that scared people made it sound like a lot of this was just chinese customers rushing to get orders ahead of its new restrictions so exactly how should we really be worried at all? let's go straight to the source. the president and ceo of xilinx. welcome to "mad money" >> thanks, jim great to be here thanks for having me >> you know i've always loved the mosaic of your business because i like industrial and i like wireless. i like telecommunications. but there is this chinese narrative. you've always done great business in china. there are some rules that made it so that some companies might've ordered ahead but is it really -- should it really be the focus if we're

thinking about xilinx out two, three years? >> no, absolutely not. we really kind of quantify that as low tens of millions. our first half is very strong, stronger than expected even with head winds of covid-19 and some of these trade restrictions i think that's really the key thing. and it's proof that we have a very uniquely resilient business with our core markets. you mentioned some of them but we have industrial, we have automotive we have aerospace and defense. we have test measurement, broadcast and consumer we have a very robust foundational market. on top of that the exposure to growth markets like you mentioned data center, 5g and auto is also being disrupted so that's a great growth driver. i think that should've been the focus and the takeaway we feel very good about the half, not just about what's

happening in one particular quarter and government restrictions >> totally agree one of the reasons i have you on is it fits with my thesis that you have to now push a little further toward industrial turn because one day we're going to beat the pandemic. and if you're only in the most high-quality wirily chips for handsets, you're going to miss the big move that xilinx will give you you have always kept your lead in defense that's still the case, right >> yeah. that's strong business for us. that's one segment that's not really affected by some of these other issues that's a very solid business for us >> and how about this on live video streaming which i like you're talking about with all of the things that we want to get like whether it be twitch or facebook, instagram, youtube you've now got a very good offer for that segment >> yeah. that's a great point

everything we are doing is from home people are binge watching or gaming, trading. that's all creating a tremendous amount of traffic. we just recently announced together with hpe we developed two appliances, realtime streaming video appliances really high quality video that delivers at really cost-effectiveness 5x throughput performance per node at one-sixth of the cost and one-third of the power compared to an x86 base system so that's the kind of tco savings that you can get with this then we have the one that's targeted for the volume market what you're looking for is the lowest cost per video and the most density so we deliver 4x throughput at one-sixth of the cost and

one-sixth the power. tremendous interest in that. we launched that together with hpe. i think you can all relate to why streaming's really important right now. >> as you listen, you recognize this is a very different narrative from what we talked to a company that makes parts for a large company that we all love, apple. this is a company that has what i now regard as being a complete ecosystem. maybe a growing ecosystem. because i know you want to do so much more. you've become the platform that really doesn't exist in the industry anymore is that the ultimate goal just to be the ecosystem that is xilinx >> yeah. that's a really great point. one of the aspects of our new strategy is to transformfrom really being a good really high-margin component company but really a platform company because that's the way we can deliver more value to our customers. there's more people developing for that they can really leverage the power of that adaptability the flexibility.

so optimize for different workloads. the workloads that's driving computing of the future this new era of computing is not going to be the same kind of workloads kind of commercial industrial applications in the past and our adaptability enables people to differentiate, get to market quickly and developing that platform's really critical. we are investing not only in advanced silicon but it, ip, and we're delivering these hardware platforms like acceleration cards and like this video appliance we just discussed. >> i don't want to leave that to go full circle here. your business in china really is great. and your 5g exposure is really second to none so it's not like you're trying to be worried about that during some sort of political stalemate. >> yeah. you know, again, it's an issue and it gets so much air play and i think sometimes it takes away from the fact that we're in the very early phases of 5g. and 5g is going to be a very big opportunity for 5g

we feel like it's factors are bigger than the 4g generation. and we're just in the first wave of equipment the customers we talked to is that we have three generations of equipment because that's how complex and ambitious 5g as a standard is. what's being deployed is only the first generation and the second generation is in development in different stages with different customers we announced that together with samsung. they're using our absolutely latest technology. product for 5g, the next generation radio we've got this innovative product called rfoc. and still no one has anything like it in terms of the cost savings, the power savings, the forefactor savings it's great for multiand macro as well as macro cells and we're also working very closely with our key customers we're doing optimized solutions.

customize our silicon and our ip and our software to deliver to their needs. >> this is the cheapest i've seen the stock because of that one issue which i am telling you is not as important of where you should be pivoting to now that the economy has a chance to be growing in the second half as the vaccines take hold. victor peng, president and ceo of xilinx, great to see you, sir. >> great to be on the air, jim thanks very much take care. this used to be among the most expensive of semiconductors is now one of the cheapest, and for a reason that i don't think holds up under close scrutiny. "mad money's" back after the break.

it is time "the lightning round." ♪ and then "the lightning round" is over. are you ready? we're going to start with barbara in massachusetts barbara? >> hi, jim >> hi, barb. >> i'm a big fan of yours. thank you for taking my call >> oh, you're welcome. >> and i'm very excited to tap into your 25 years of accumulated market wisdom. >> thank you >> my stock is therapeutics. i bought it about a year ago at 95 it closed at 158 do you think i should hold it? >> it has very proprietary -- it's got great scientists. i really think you should own it i prefer vertex by the way but i think you got a good one let's go to jack in new jersey jack >> hey, jim, what's going on

>> what's up >> i want to know what you think of holdings -- >> they like sienna. this group has always hurt me when it's gotten this hot so i want to be careful let's go to michael in california michael. >> boo-ya, cramer. 28-year-old investor want to give a shout out to my pops who pushed me to start investing in my early 20s. you covered this ipo about a month ago. i currently hold a small position in the company. the company is, is set to report earnings next week do i buy, sell, or hold? >> you want to hold this one it's coming in nicely. yield 17 times earnings. i like it. let's go to tyler in california. tyler? >> boo in, boo-ya, jc! everyone is so awesome, so

friendly >> you can't work on the team without that you're going to leave the team if you don't have it what's up? >> amen. hey, we got a whole lot of hungry robin hood investors including myselves licking their chops over this one. the news that came out for the push for 25 billion in federal aid for the airline industry would you say that it's time to buckle up and for american airlines might be taking off soon >> i agree with that i like america i'm a big southwest fan. but i saw american break through that 12 level. i think that one could put some points on. that is actually a very interesting idea southwest for a longer term, but i think american works let's go to joni in georgia. >> hey what about t.j. maxx, what do you think? >> i'm sorry, which one? tjx, i tell members, listen when

people start shopping again they're going to shop at tjx 20 straight points that's been the history of it. i think it's going to happen again. tjx. katrina in new york. >> thank you so much for taking my call. i'd like to get your feedback for -- >> my problem is it acts so badly, the group is signaling that we're about to get an acceleration economy you don't want to buy that stock right now. that is the conclusion of "the lightning round" >> "the lightning round" is sponsored by td ameritrade

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♪ the big picture, the pandemic, the fed talking about the stimulus package i think it's good to talk about companies taking control of their own companies. consider sempra energy they started pushing for changes

in utility a couple years ago. the company had a lot of disparate. since then the company's made some huge positive moves they sold their south american business for a lot of money and their u.s. renewable power business called encore. the result is a leaner, meaner, north american company that only does transmission and distribution takes a lot of the risk off the table that's typically a slow and steady business through the pandemic but makes things much more difficult since we've got -- the pandemic's making it so they have a lot of vacant office buildings. they aren't drawing much power but they reported a very solid quarter. a 15 cent beat over $1.50 basis. i think they're just being conservative stock rallied 2 bucks today. the thing is it's still down substantially from its february highs. the darn thing, a genuine north american growth energy company sells for 17 times earnings with a juicy 3.3% yield

doesn't make sense to buy. the chairman and ceo of sempra energy to learn more about the quarter and where this thoughtful company is headed mr. martin, welcome to "mad money. >> you know i'm a big fan. i watch your show all the time so thanks for having me on >> i always appreciate your input into what we're talking about. and that brings me to exactly something i was thinking about in terms of this interview i was not going to go to jeff martin and say how the quarter is i was going to say that you have reinvented this company and you have made it into what i used to think exxon was when it was a great company. it was a great growth energy company. well, that's what you are now. and you're doing it in all the growth areas of our country and in mexico. and to me that's why you have the perfect combination of high-growth and good yield b that i get used to get from a company like exxon >> we certainly think we're a top tier growth and income

story. we're fighting just to make it onto your covid-19 portfolio, jim. we think we've got a great story. two years ago we launched a strategic initiative you and i have talked about this before but there's so much value in simplifying your business. we've been able to concentrate our investments in the most attractive markets all with the goal of producing better financial returns. i think the tax reform act in 2017 was important because it lowered the hurdle to repate rat earnings in south america, and it's allowed us to really go much deeper into california and texas. if you think about the markets we're in precovid, california was the faith gdp economy in the world. texas was number ten and mexico was number 15 and in each of those markets we have the number one market position we think that's a great way to manage risk. a big part of the story you touched on is we're not in the commodity side of the business we're not into regeneration.

we're focused on good old-fashioned transmission distribution there's a ton of capital investment in that space it's really driving our results. >> so, jeff, do i have to worry, though, the one issue that i am concerned about, and this was post pandemic, the lng cameron the world is a little bit of lng. you and i sat down with each other. it wasn't like that because the world economy's really sorry are we going to be okay with that because that is the one asset that is so pristine, i want it but i also know the glutton lng is for real. >> no question about it. the way we've approached this is we've used what they refer to as a tolling model. we want to own the infrastructure think about like an apartment building it doesn't matter to us economically whether you live in the apartment or not you still have to pay us rent. so, our customers go upstream in the gas basins and source the natural gas. they arrange for the transportation

and when they bring the gas to the facility, we'll process it for them for a fee and if they don't bring it, they still have to pay us on the international side, they have the responsibility to take the gas and land it in the foreign markets. it's a tolling model it's classically we're not exposed to whether they take the lng or not we just completed construction a week ago and we moved a full run rate earnings and cash flow next week we're expecting close to $450 million of after-tax earnings from that business. and, remember, we only own half the facility and over the life of the existing 20-year contracts we're expecting $12 billion of cash after debt >> you are the most thoughtful energy person i deal with. you gave a great speech actually in december. and i thought that it was a big s&p conference and i was so afraid that it

didn't hold up but everything you said was good and the thing that really struck me was that you are the person who has thought the most about hydrogen of anyone in the industry is it for real because you know we've got a lot of investors trying to buy anything related to hydrogen >> there's no question hydrogen is for real. it's one of the most abundant elements on the planet and we're particularly optimistic about green hydrogen, jim. green hydrogen is typically made used in renewable energy, something we have a lot of excess of here in california and it creates a clean-burning fuel source that can be stored, blended with natural gas or used in a variety of applications i do think it's a little bit early. i think this is more of a time line issue so through our southern california gas company, which you will recall is the largest natural gas utility in the western hemisphere, we've been doing r&d projects for about five years we've got eight to ten projects underway around transportation, power generation, natural gas

compression, and we're even looking at opportunities, jump, to co-locate hydrogen at some of our lng facilities i would say it's still early but this is when you have the chance to carve out a leadership position so we're very comfortable working with some of the leaders in germany and japan right now to see how fast we can advance this for the benefit of the united states. >> well, look, jeff, you've been the most forward-looking guy in the business and you've put together a company that has a great balance sheet. you can buy back stock that is growing that can raise its dividend just a sensational job great to talk to you, sir. >> thanks for having me on, jim. appreciate it. >> absolutely, "mad money's" back after the break pable lexusv at the golden opportunity sales event. lease the 2020 rx 350 for $419 a month for 36 months. experience amazing at your lexus dealer.

♪ you guys win tonight etsy, fabulous number. more than just masks it's people working at home with their own businesses and empowerment. and alicia keys is so charitable and amazing and their numbers were good too. so elf and etsy, two of the standouts in after-hours trading that i think have a lot more room to run because they just have so many good people working for them and so much good news in the pipeline. i'd like to say there's always a bull market somewhere and i promise to try to find it just for you right here on "mad money. i'm jim cramer and i will see you tomorrow

narrator: welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ narrator: first into the tank is an innovative new technology to enhance the flavor of a favorite beverage. ♪ hi, sharks. i'm phil petracca. and i'm david mcdonald. we are the founders of fizzics from newark, new jersey. we're seeking a $500,000 investment