matter what fiscal stimulus comes from washington, no matter how good the jobs data looks because he's still worried about the longer term permanent damage because of the pandemic. >> his goal is full employment we're very far from that. >> certainly lots of factors to watch number in those numbers. we're out of time. "fast money" starts now. i'm melissa lee and this is "fast money. guy adami, tim seymour, steve grasso and karen finerman. uber with weaker than expected results. the company's conference call is underway plus, we're following late-breaking developments out of capitol hill. lawmakers are kicking off a high stakes meeting on the next round of coronavirus aid we are live in washington with the latest later, steve grasso is stepping up to the plate to pitch his next best idea why he thinks this housing related stock is a total home run. we start off with a $46

billion market mystery that's how much facebook added in market cap today. the reason not entirely clear many pointing to the launch of reels, the answer to tiktok. we should point out that news was out yesterday morning. facebook shares today surged 6% to a new all-time high so guy, what's your take on this move >> well, i have no idea why it moved like this. i'd be lying if i said i had an answer i will give credit to karen because she's been on this something we said, you go back to the middle of june. i remember this when rei, north face, patagonia came out and said they were pulling their ads for a month. i remember saying you've got to pull the rip cord on this. they're the first but they're not going to be the last that proved to be correct. on june 26th, the stock traded down to 207, cratered and then closed higher on the day something we said is and i'll

say it again, there's nothing about facebook i like in terms of the platform and i'll continue to say that this reversal tells you all you need to know you've got to stay with the stock. i don't know what happened today and i don't know what's going to happen tomorrow, but you've got to stay with it. the last quarter is proof positive that despite all the problems they may have, advertisers don't seem to care and clearly the people on the platform don't seem to care. >> karen, you flagged this move on the conference call which we have every day in planning the show here. you mentioned that move. it's a staggering move when you consider the size of facebook and how mauch of a move in marke cap that is for the s&p 500 as well as the nasdaq do you think it was a delayed reaction to the news we got yesterday that reels could be a real competitor? >> i don't know. i think at the 12:30 call it was

only up half as much as it ended up closing at. i think it may be delayed reaction over reels. maybe it's just excitement around it. i don't know i'm not looking for another video, how to do the burning man dance, but you know, apparently kids really like it. maybe that's part of it. i go back to what guy said looking at the earnings from last week, they were so staggeringly good, you know, 11% revenue growth, enormous market expansion for operating income that's pretty amazing. still even with the move today, i have it at something like 15 time s ebita. that's not crazy expensive in this market.

they've been able to shrug off everything even with this levitation higher, i'm staying long. >> by the way, of course, this is often how it happens. you see a big move in a stock and you backtrack and try and figure out what was behind that rally. sometimes the answer isn't entirely clear that's sort of a mental exercise we're doing for you on the show. steve grasso, this probably hit your screen. what was your take >> i think it was reels. i think it was what you said that you needed a day to digest it i think guy talked about june. we all sat around and looked at advertisers and we said they'd all be back. they have to come back they have maybe three choices. it's really just facebook and google they're going to continue because advertisers have nowhere else to go they've navigated this market extremely well and when you're an investor, you're investing in tech

what's carried us over the start line,the midline and the finish line it's been tech there's really no place for everyone to go but these six names and facebook is right at the top of the pile. >> by the way, we saw an extraordinary move in shares of apple as well, up 3.5% this is on top of the huge move we saw earlier tim, you know, is it just this reach here for high quality, big cap tech once again? >> well, it's funny. mikesantoli talked about some of the negative sentiment in the retail investor readings where are you going to see people run to the they're feeling panicky? i think apple is the first place they go. those numbers but apple were extraordinary. the move by apple relative even to the qqqs or the nasdaq 100, it's up 21% to the nasdaq since june 1 when you consider all of the

market cap at work, these moves and we talk about the sheer siz of the liquidity in the market back to facebook and comparing it to apple, even after today's move in facebook, it's still underperformed those qqqs year to date. a 6.5 mo% move today and it's sl down 5% relative to that group i said this last night i do believe this is reels i believe watching this off of instagram and to the extent that facebook has been accused of being a copycat, so what when you have that type of a 2.7 billion platform, i think there's no reason why they shouldn't be able to take trends and do better with them than other people if you add in the contact that facebook shops has been a catalyst and a driver to the multiple, there's been essentially the add and the engagement we just talked about and how after being resilient, i believe was the term they used

in the early part of q-2, we learned that was a great quarter for facebook let's not get too excited. i think this company should trade at a discount and right now it is. i don't know why it would trade at a premium. >> let's bring in gene munster how should we think about reels? >> facebook has 2.6 billion monthly users. it's unprecedented there's 7.5 billion people in the world. online is just over 3 billion. they pretty much have the users. it's that time spent that's why everyone is clamoring for this asset that has become an add dictive platform

with time you can create advertising business i think that's what's going on i i want to quickly weigh in on do i think reels was the catalyst today. i think people have been looking for a reason to be positive on facebook i have been one of those people throwing negative objects at the company. i think as investors think about reels, we knew this product was coming we knew there was a chance that tiktok was going to be shut down we've known it for a long time it added 40 plus billion in market cap today the value of the whole tiktok business is somewhere around $100 billion, maybe a little bit less after the potential elimination of it in the u.s so the math doesn't really seem to add up that this was entirely about reels, but i do think it was investors who believe

advertisers don't have a place to go. that's the reality here and reels was the catalyst today to get behind that. >> let me ask the question in sort of a different way. without reels, would there be a concern that instagram users would be leaving that platform and going to tiktok? >> no, there wouldn't be a concern. i missed your question earlier i apologize. that is a major issue about facebook it's always been an issue about an upstart platform to steal time away. >> thanks for being here i think i might have brought it up but it's worth bringing up again. obviously everything seems to be turning up roses for facebook, rightly so i mean, the quarters have been ridiculous good for them. but my contention is there is an

existential risk is that a potential problem for facebook down the road given everything they've been facing recently >> it's a good day for facebook investors but ultimately i think they should be well aware of these waves coming at them, this more deliberate investing wave you're referring to, do investors want to invest in companies that also make the world a better place i think that is a wave that's going to come. i think that's regulatory, anti-trust waves i think if i was going to fast forward and think about facebook over the next six months, we're going to have more conversations about tough days versus good days because of some of the things you're talking about there, guy. >> gene, stand by please we have an earnings alert on uber, the ride sharing company dropping in the after hours session. deirdre bosa

>> he gave some more color on regional ride sharing trends, calling the mobility business a tale of 10,000 cities. have a listen. >> we've seen bookings and hong kong and new zealand at times exceed pre-covid highs others have improved to being down 35% or less year over year recently cities like new york are leading in the recovery and some cities like san francisco and l.a >> he was also just asked what if ride sharing never comes back in the way it was before he said if they have to go to small cities in the future, they will no surprise he's also talking about delivery calling it a hedge for the decline in ride sharing. in one-quarter it became the main source of revenue

he also said we're essentially built an compel rate accelerate profile. uber is getting into a very competitive and expensive market with already established players like grubhub and doordash. the team has reiterated confidence that they can goat their adjusted eebd. [ inaudible >> clearly we're having some problems with deirdre's audio. deirdre bosa with some of the

problems with uber it sounds like this is really a trust me when it comes to their profitability targets. it seems like there's a lot of wood to chop between now and that target in 2021. >> there is. they burned 1.6 billion in cash in the most recent quarter credit the company for cutting expenses by a billion dollars. nothing really matters in the near term. this is all about the long-term viability of the ride sharing network. they'll be a player in that longer term. >> is this investable now or would you say, no, not until 2021 >> i would hold off a year i think ultimately you talk about the return being anemic right now, the recovery for uber i think that's going to take a few quarters there's no urgency to get back into this. >> gene, thank you

karen, basically dead money for a year wow. would you say maybe even longer? >> maybe two things sort of jump out to me one is carvana has been really interesting to me, talking about how tight the used car market is all those people buying used cars are not going to return to uber right away. that's a more permanent change and the other thing, what does adjusted mean? i'm a little hesitant to understand what adjusted break even is if it's sort of adjusting for all the things that make it not break even. i think it's a great management team i'm not feeling compelled to jump in right now. postmates is, you know, it's a competitive market i'm not dying to jump in right now. >> is this like buying the cruise lines, steve grasso >> i don't know if it's as bad

as buying the cruise lines i think when you have to look at uber, i think karen brings up a great point. shelter-in-place, then they start using uber once they get back out and then they realize it's taking way too long to recover so they buy a used car or a new car this is the first quarter that we got a real chance to look at uber to see what eats was over rides. it didn't really compensate. so i think you have the ability, if you wait too long, usually the easy gains are gone. i think you're okay buying this stock right here, quite frankly. >> tim, quick thoughts >> last night i actually was in the strange position of feeling that this was a good final trade. i stand by it. a 3% move down lower doesn't particularly bother me we expected these numbers. we know where the ride share numbers are. the extraordinary thing is that

this stock largely, i think, is consolidated around the $33-36 level for six months even from where we were pre. if you try to hail a cab in new york city, it's not going to happen i don't think it's going to happen any time soon structurally the same things you're talking about in used cars and new cars, ride share will come back the fact that this company has largely held from where it was pre-covid, i actually think that's very impressive and i think the postmates acquisition was very bright. i think they are a leading player and they're going to continue to dominate in that space. i know it's hard to make money, but i'm more impressed by the stock action you don't have to own it tomorrow but if you wait a year, you're going to have missed a big shot

we are following a big developing story out of washington take a live look at capitol hill lawmakers are kicking off another round of coronavirus relief talks. >> reporter: we've got a live look here at the stakeout camera just outside the office where that meeting is taking place right now. we've seen officials going in and out of the office as they arrive for negotiations between the white house and the administration and democrats up on capitol hill. earlier today the speaker of the house nancy pelosi and the senate majority leader mitch mcconnell were on cnbc and they explained really the fundamental philosophical dilemma here here's what they said. >> economists tell us spend the money, invest the money for those who need it the most, because they will spend it it will be a stimulus, or at least a stabilization. and that's a good thing.

>> the argument is over how much is appropriate at this particular juncture as we struggle to get the economy back on its feet and get the country in a place where it can sustain itself until we get a vaccine. >> melissa, lawmakers have talked about an idea of having a deal by friday morning it looks like there's not a whole lot of time to pull something that big together by that timeline. but one of the questions about this meeting on capitol hill that's going on now is, can they at least agree to that price tag, can they come up with a figure republicans have been around 1 trillion democrats have been 3 trillion or higher. can they agree on a compromise figure and call it 2 trillion and start negotiating abou what's going to be in there? that might be doable this hour but we'll wait and see what they say. >> that's tomorrow friday, right? not next friday? >> right

>> then the senate goes on a scheduled recess. >> reporter: right so the idea they're going to have something tomorrow is looking increasingly farfetched. >> and the senate would still go to recess? >> reporter: there's a possibility they can bring them back if they have a deal in place. it's one thing to get a deal and handshake all around then you have to put the legislation together in writing. that can take a couple days. then you have to call the members back and get them to vote that can take a couple days. say they were to have an incredibly successful meeting behind closed doors now. you're looking at nearly a week before you can actually pass something that the president can sign. >> eamon, thank you. >> reporter: you bet. >> these senators have no concept of the word deadline, guy adami. it's amazing we've known that friday was coming for days now, for weeks now, for months and yet here we are. >> that's historically been the

case, right? >> yeah. >> say what you want about the president, but this has worked out perfectly for him and the administration i say that because, you know, if this thing doesn't get through, he will say look at the obstructionist democrats they don't want to give you, the american people, your money. can you imagine that vote for me. if it gets through, he'll say look what i did for you beautiful people, your favorite president has gotten you your money. it's a win-win for the president, for what it's worth it's a win for the market because both sides need to get this done. mitch mcconnell can play fiscal conservative, which is a joke, but this will get done whether it's tomorrow or next week, i don't think it matters all that much. >> let's say something gets done, steve grasso what is the reaction in the markets? if they come out tonight with a deal, what happens tomorrow? >> market rallies. >> really? >> this market rally off the bottom was built on powell, it was built on government intervention i think today in large part is

because both sides weren't talking with as much venom i think the deal will get done and republicans want $200 a week extra, democrats wanted $600 they will meet in the middle they're going to be hard pressed to stay in d.c. until this thing gets done. if it doesn't get done, president trump said he'll do it through executive action so the market will continue to run higher if a deal gets done, even more so. coming up, the airlines gaining altitude with more bail-out plans on the horizon. plus, the ceo of one hot robinhood stock joins us what he thinks about all the day traders scooping up his shares what happens when a wireless carrier

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welcome back to "fast money. airline stocks rally today after the u.s. lifted the health advisory on international travel phil lebeau has the details. >> this has been in effect since march 19th it's the state department issuing on a scale of 1-4, one being it's not bad to go to a particular country, to four being don't travel the rest of the world has been at a 4 since march 19th. now they're going to pull it back and go back to a country by country system the idea is that the pandemic is not as bad in certain areas and therefore it may be okay for you to travel. is this going to give a boost to international travel probably not immediately i mean, the demand is not there and is not expected to return any time soon. that gave airline stocks a bump late this afternoon. earlier in the day the momentum was being dreciven by growing momentum in washington for a second jobs bill for the airline

employees. remember, they got $25 billion back in march to ensure their jobs all the way through the end of september well, this would be another 25 billion. it would guarantee airline jobs, no layoffs through the end of march. the whole idea is it would preserve about 100,000 jobs. that's the estimate. nonetheless, that's a boat load of jobs. the reason the airline industry wants to ensure those jobs and not lay off people is because it would prevent costly retraining. it would ensure that service to smaller cities, so important for so many people in congress, that stays intact also, they would have the employees on hand for a quick ramp-up if and when demand recovers delta's ceo out with a note today. he said, look, the recovery could be long and choppy

american, southwest and united, all of them are hoping that they see a steady recovery, but i can tell you right now, guys, where we are in terms of airline passengers, down about 72-75% every day. guess where we were in terms of airline passengers about 3 1/2 weeks ago? down 72-75%. we are plateauing and nobody is quite sure when you will see it start to improve that's where we are right now. >> right phil, in terms of this bailout package, will the layoffs already announced by the airlines go into effect? >> no. >> even though they are ready to make those cuts, if we got this bailout package, it would keep those people on the job? >> correct the interesting thing is there are some employees who have said i'm voluntarily leaving the company or i'm taking a leave of absence. those people in theory, they've made an agreement with the company they are leaving

depending on how it's structured, they're leaving. in some cases they may be gone from the company already this would not, you know, ensure payments to those people but for those let's say 2,000 flight attendants at a particular airline who are going to be laid off because they don't have the service levels after october 1st, if this goes through, they stay on the payroll. they don't get laid off. >> phil, thank you phil lebeau in chicago for us. karen, fi finerman, this is goit sound cruel and heartless. but from a free markets perspective, at some point aren't we better off allowing all this pain to sort of flush through the airline industry so they can perhaps restructure and right size their business for a business that may not look the same on the other side of this pandemic >> well, as sort of a

capitalist, yes. that's how equity investors should know that the risk is everything, theoretically, 100%. to the extent we can do something to get them through the other side that's good i think about tarp saved a lot of those banks but the government ended up making money on that. i know the airlines have been opposed to equity stakes from the government, but i think i would rather have that than keep giving them loans. an equity stake would allow them some breathing room. >> guy, is bankruptcy such a bad word in the airline industry we've seen it time and time again for most of these airlines. >> well, the counter argument would be that i think a lot of people feel it's a national security issue in terms of the airlines who am i to say? i understand what you're saying.

looking through that lens, i want to be clear with this i have no interest in seeing people lose their jobs i want to put that out there that said, to your point, at a certain point you have to allow corporate to take place. there will be an airline in this country, no doubt about it it's just a question about what it looks like on the other side of this. somebody will swoop in and maybe run it better. you can make a similar argument that gm is no better off than they were ten years ago. look at the stock, quite frankly. it's an interesting point. obviously we're very sensitive to the fact that we're talking about the lives of human beings here as well but to your point about allowing things to flush themselves out, i think that ship probably sailed a long time ago. >> tim >> i totally agree i would emphasize that airlines probably needed to trim some fat

anyway they're going to be net or worse off giving them money to pay out. i recognize that the gain is for the employees and to allow all the other economic benefit for the economy and the country. for the airlines themselves, you don't want this. there's no question there's going to be a higher cost to this package than the first one. as an airline investor, you don't need this. those airlines that have cut capacity for demand, that has been a largely healthy thing for their businesses i'll take all of guy's caveats no one wants to see the country lose these kinds of jobs but if you're asking about the airline industry and what's best for it, these cuts will be more enduring in the long run if they happen now, as they should >> steve >> let's remember, though, i think what's different this time

is that this was brought on through no fault of their own. i think we've decide d that bac when we were too pbig to fail, now no one is going to be allowed to fail. airlines are essential i'm in spirit airlines still that's the bottom of the barrel. nonetheless i'm there. you go to delta or southwest those domestic airlines are going to come back soocner. kid yourself not, these industries will not be allowed to fail, nor do i think they should be allowed to fail. next, our exclusive interview with the ceo of workhorse. later, the hidden pain in retail

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welcome back to "fast money. electric car companies have been red hot lately including workhorse. the cincinnati based manufacturer designs and builds electric delivery trucks and drones the stock has surged more than 450% it got a nice pop earlier this week workhorse owns a 10% stake in lordstown. duane hughes is with us. >> great to be here. >> you know what is amazing about this story is your stock has been public for about a

decade and nothing all of a sudden the last few months it's gone from 2 and change to 16 and change where it is today what do you think accounts for this rise? is it a match in a change in the fundamental state of your company? >> it's a combination of things, i believe. we're out of cincinnati, ohio. it's been really difficult to scream loud enough out of cincinnati to get the attention we feel like we deserve based on the performance of our vehicles that have been on the road with more than 6 million miles. that spotlight has been recently shown with different vehicles such as the lordstown announcement that allows us to spotlight the things we're doing well and continue to do well. it's because of our performance as a company and also because

people are taking a much higher profile view of the ev space. >> i want to talk about your business and some of the reasons the stock may be rocketing higher can you talk about your expected production ramp and the bookings you have so far. we saw a pretty steep decline in the dollar amount of vehicles delivered in the first quarter i'm wondering what you see as the trajectory going forward. >> that's a great question i appreciate that. in reality, we delivered our first vehicles in march of 2015 and we delivered our generation one electric vehicles in december of 2017 at that point we took a pause and paid attention to our customers, did a lot of learning over the experience of having those vehicles on live duty

routes the 6 million miles i mentioned before on the road we were able to identify what the electric vehicle of the future really is for our commercial fleet customers, primarily in the parcel delivery space and the last mile delivery space all together since our redesign, a combustion engine weighs about 11,000 pounds we identified the ability to reduce that right and allow us to right size the battery pack, give us a better opportunity as well as our fleet customers an opportunity to have a stronger savings. taking on the things that differentiate us such as those weight savings have given us an opportunity to move into production this year where we've

already delivered the first two of our generation two vehicles we're loading up, if you will, to deliver 300 vehicles this year on a backlog of 1200 we have currently. >> you've delivered two vehicles so far you aim to have 300 by the end of this year >> correct. >> in the meantime, i want to talk about your cash position. you ended your previous quarter with $16 million in cash all your expenses have gone higher in the meantime you're burning cash. how long is that 16 million going to last, especially as you are ramping up to go from two delivered to 300 by the end of the year >> very good question. i think we publicly announced a week or so ago that we have over 10$0 million 0 million in cash

point due to new financing we brought in we are in our strongest position i'll say it this way for a company with the most amount of electric trucks on the road than any other company in the u.s., we are now in our strongest cash position that we've ever been in and we feel very good about our position in cash as well as our ability to deliver on the order. >> what can you tell us about the status of the us postal service potential contract that contract could be worth as much as $5-6 billion you could get a partial award or full award when will you know your cfo said this would be transformative for the company that contract could be truly changing for your company. >> yeah. i would say any contract like

that would be changing for any company virtually. in our case, we're unable to speak about the post office at all. i'd have to say no comment, because we're under a gag order not to talk about it certainly to your point any contract that's worth billions of dollars coming into a company like ours would be a company changing event. >> when do you expect to hear? >> we don't really have a timeline for that. publicly stated, the post office said their original information was, i believe, somewhere in that 90-day range after the rfp responses. but that was part of the program from the very beginning. so we do not have an answer for that today. >> if you got that award, that would be 300 by the end of the year, plus whatever it is for the postal service >> correct. >> duane, great to speak with you. >> thank you for taking the time have a good day. >> you too all right. this is a stock that we have

seen flash on our screens with this frenzy over ev. this goes into the whole fabric of investing in future vision at this point. >> without question. i think they report this monday. big short interest in the name look, again $100 table but you've seen big short interest names have explosive moves to the upside post earnings my sense is you could see similar with this name it's a real story you're going to continue to hear about. it's an ohio company battleground state there are a lot of interesting things that can come look for earnings on monday. >> it's a 34% short interest, steve grasso >> yeah. these are names, as guy said, $100 table, deep end of the pool the problem is that if all these

contracts don't come to fruition this company was running out of cash by the end of 2020 obviously on this $16 million number he corrected you and said they have 100 million so i think you have to really play it safe in these things with a tesla name, there's a lot of deep pockets and multiheifles to pull. i'm not sure of the depth on something like this. this seems like a robinhood trade to me if there ever was one. >> with all the excitement over evs, it might be easier to get financing. maybe it's a decent time to be a company like this looking for funds and financing. >> right or maybe it's a decent time to do an equity offering given the

excitement about it that sort of bakes in a lot of good things happening, which might happen. look at virgin galactic doing an offering taking advantage of the market, nikola i mean, they should. i think 100 million sounds like a lot, but if they want to scale up the way they hope to, they're going to need a lot more than that. >> manufacturing costs a lot of money, tim seymour. >> yeah. the bottom line is we've talked about these products there's a lot of liquidity out there. the ev space is a story space and we're seeing that. there's some very charismatic visionary folks at the helm. the key difference obviously for someone like these guys and tesla, many of these folks are purely focused on the commercial market that is a market where i think there's a very specific niche and fleet customer to fill

as someone who was concerned about the critical environment for tesla, all this is really doing is pointing out the opportunity in ev. maybe, if anything, this is a case where it's actually supporting the tesla head start. it's very interesting because i think the competitive landscape is something tesla does need to worry about. the recent focus on this entire sector, if anything, has had folks feel very confident about the position that tesla has. coming up, we've heard from uber now lyft is on deck. what can you expect from the company when it reports results? coming up on "fast money." woman: my reputation was trashed online.

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welcome back to "fast money. the retail bankruptcies continue to mount lord and taylor and men's wearhouse the latest let's bring in the president of retail advisory services at jll.

do you think this is going to get to the point where it triggers problems for the mortgage payments of the owners of those properties? >> certainly looks like there's a lot of retailers that filed for bankruptcy chapter 11s and chapter 7s we have to watch closely if christmas isn't a good season for retailers, i fear there could be challenges in 2021 in terms of payments, absolutely. >> they have until the end of the year basically and the clock is ticking. >> the clock is ticking. if things don't turn around by christmas, i fear for a second wave of bankruptcies in the early part of 2021. >> there's no traditional back to school even taking that into account even, they have until then >> i think back to school for going to school is different from schooling from home you may see a shift from clothing to tech products, for example, computers and ipads and those kind of things

the spend for this year will likely be comparable to last year it's just that they're buying differently. you will see some back to school specials and sales but items you're buying are different, which may be some salvation but not for the fabrics and soft goods. >> we have so much retail space out there. are we going to have to see a big shrink in the amount of retail space to get the supply and demand dynamics in line, not a vaccine? >> yeah. we're certainly oversupplied on retail space we have been for about 15 years. we need to lose some of those retail space we're not overstored we're underdemdemolisunderdemol. >> underdemolished that's a new phrase. great to have you with us. thanks for sharing your thoughts karen, you've been in this space

before do you think it could be time to dust off that trade? >> you know, i think that there are only a few left. the sort of second tier ones are at or near bankruptcy. i wouldn't be short a simon property they're the best of the best up next, ready for list off. why options traders are bullish on lyft. - i sent your new prescription to the pharmacy.

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welcome back to "fast money. this is a check on uber shares 3.5% or so is the loss during the after hours session on weaker than expected results lyft reporting on wednesday. options traders are betting on a lyft-off on results.

>> lyft saw very heavy options activity today ahead of uber's earnings it ended up trading more than three times the daily call volume lyft could move about 12.5% higher or lower by the end of next week. most of today's activity actually expires tomorrow. it would seem that a lot of this week's activity were options traders betting on uber's results impacting lyft's share price. a big chunk of the share call was an 8,000 lot call spread what was going on there was somebody who had already made bullish bets on lyft earlier this week decided to roll up to the 32s. they took the profits on the 31s, pressing their bullish bets we'll see what happens tomorrow and next week. up next, final trades. turn on my tv and boom,

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welcome back to "fast money. time for the final trade tim? >> best buy. we heard about how the back to school could be a huge electronics run. this stock has done nothing but move higher. stays higher into the holiday season. >> karen finerman? >> yes i'm not following. i was already in there bank of america, i think, is overreserved even if we see terrible loan loss, they're still going to make money. >> steve grasso? >> home builder dhi, record low mortgage rates and you have the

millennial getting out of the basement buying homes. that's going to continue and the best balance sheet within home builders dhi, buy, buy, buy. >> guy >> thanks for watching watching see you back here tomorrow "mad money" starts right now my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach, put it in context call me 1-800-743-cnbc or tweet me @jimcramer what happens if we're forced to reopen without fiscal or vi