gave us an idea. and national exposure should help so walmart. >> dan >> yeah keep a close eye on xlf i think it will break the up friend from the march lows >> i got toll brothers into their release on 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 kw"mad money." welcome to cramerica my job is not just to entertain but educate and teach so-ca cale at 1-800-743-cnbc or tweet me @jimcramer.

the nasdaq up 1% and s&p 2.7% and dow declined 86 points we're about to get a set of u e unbelievably set of big numbers but frankly, it's horrifying if you think about why they are thriving this week we hear from walmart, from home depot, lowes, and target and if their stocks get hit for any reason, you have to buy them because these major operators are up against general merchandisers, hardware stores, sporting goods and lumberyards that can't compete because they were deemed essential and i fear they will never get lost customers back, not with prices big guys charge. the winner haves so many advantages over the little guy i'm amazed there is any competition whatsoever i feared that there won't be and that's driving me nuts i love when these big household

names go higher, but i hate when the reasons they are going higher their small business competitors are being wiped out. a lot of these smaller outfits have been able to hold their own before covid, but now the big guys have crafted phenomenal same-day delivery services that only amazon can beat anyone whose used shipt knows you can get stuff within an hour mom and pop outfits can't compete with that in the age of social distancing. we hear the economy is going through five years of technology change in a matter of months but that also includes retail, and now that ppp has run out, that government program that gave you some money, now everybody is left to their own devices, if anything it even worse for restaurants where ppp was so valuable. dominos announced it needs 20,000 more delivery experts, pizza makers, managers,

assistant managers let's brainstorm do you think they are hiring people because of a surge in demand for pizza versus burgers, versus chicken versus anything else no they are taking share from smaller pizza parlors relying on indoor seating and can't have the same delivery infa truk tour there are plenty of restaurants that are making do without door seating. that goes away the moment the weather gets too cold and if you're to crowded, the authorities might shut you down in a heart beat. my twitter is filleding restaur have a following that's not the point until we get a vaccine, the follow is cut in half because of the physical distancing in the bar and restaurant and the state doesn't want lines out the door, either there is a liquor issue. for some reason, the real money is in drinks growing up my dad would never let us start drinking until the food came because that's how they got you

a lot of pizza parlors have seating outside where they can serve alcohol and those are being cut in half. they have to take them out if they can't have people inside, think new york city, it's devastating throwing the extortion demanded by the delivery services combining anyway to not lower prices, a lot of these places will not be able to stay in business and will be gone within a matter of weeks. dominos, this is why they are getting ready to poach people. dominos doesn't make the best pizza in the world but i can put the tip on the bill and put the pizza on a contactless pedestal that makes you feel more comfortable than ordering from the local guys it like when you were little and ring the bell and run away, that's what they don't it great. papa johns and pizza hut are set up for delivery, too wing stop, i think that. when we get delivery orders, we

use our own waiters. it's less lucrative than having people eat in the restaurant and have a good bottle of wine and the parent of kfc, pizza hut and taco bell to handle a dramatic decline. one of the biggest franchises may have to close 300 locations because of the in store dining issues it's a buy if your local pizza parlor was publicly traded, short that until the cows come home chipotle is so good at digital they are doing better than ever. i wish that $1200 stock would split so many home gamers could own a piece of the property. i want them -- the cfo, give us a chance to own a piece of chipotle some recommend the parent of chilli chilis the fewer people in the

restaurants, the more likely the smaller outfits will go under. it's a win for brinker if they can lure other people from other restaurants with their takeout how are these big chains so much more profitable? because they are big it's all about scale chipotle sells the best f izzy water in the world from mexico they sell it forle less than i sell at my restaurant. when you buy in bulk, you get lower prices starbucks could be in the same category if you're a landlord, you want a starbucks on your property they will pay the rent but maybe not as much as you want. it beats being empty big box chains, their scale lets them buy stuff at low prices you'll hear that tomorrow when walmart reports. i remember the former cfo said some managers would buy their shirts from costco because it was cheaper than buying from suppliers. what does that tell you about the prospects?

>> that was before covid made life harder. most people don't realize how precarious these businesses are. there was an amazing piece this morning titled fitness wars, planet fitness traffic monitor update we see stabilization ahead turns out in georgia, florida and texas planet fitness is seeing 61%, 58% and 53% of the normal traffic not so hot, right? hold it. according to jeffreys, there are 35,000 independently owned and operated gyms in the united states they don't have deep pockets like planet fitness. many are more expensive which isn't great in a recession and harder to keep clean a lot of independent gyms will probably go under and a lot will go to the big ones like planet fitness. for months the paycheck protection program kept a lot of small operators in the game. it over and congress couldn't compromise on a new deal and the senate won't be back in session until september 8th, which means small businesses that need a

bailout absolutely won't be getting one any time soon which is why i thought to get that done and failed. i'm a tv guy but i did try to bring them both together you can argue this is how capitals are supposed to work. survival of the fittest. isn't that great i probably agree but this is an extension level for small businesses, for 15 million people i don't know about you, i'd rather live in a world with big businesses and small ones than a world where the biggest operators can survive. we need more than pizza hut and kfc and olive garden men cannot live on bread sticks alone. unfortunately with costs staying the same not like landlords are slashing the rent, meaning you can seat half the number of customers, a lot of independent restaurants can't survive. i doubt they will be able to hold out that long unless they are being run as a labor of love rather than making money

so leahere is the bottom line. when they report this week, this could be the last quarter they face significant independent competition founded by ppp after that the small guys are immersely done, done, thanks to a pandemic nobody saw coming and a political class that can't get the job done luckily for your portfolio, mom and pop outfits aren't publicly traded, which is how the market can keep roaring despite the small business devastation i'm going to ray in maryland, ray? >> caller: hey, jimmy chill thanks for taking my call. >> my pleasure >> caller: so i'm a 19-year-old invest tore. the earnings came out two weeks ago big on the top and bottom line but the stock is trending even lower since and has a robust pipeline including a

partnership with bristol myers, a company you like in the past what are your thoughts short term and long term on ticker exel >> i like it very much i've been recommending it since i had a biotech project that i put together when i worked thestreet.com before it was acquired i had a great internship program. we got together to work on this one book of bioteches and that was my favorite. how about we go to guss in virginia. >> caller: jimmy chill, thank you for all you do for us. >> thank you. >> caller: my question is on a stock i own. they reported great earnings last week on both the top and bottom estimates but jim, somehow after the earnings and conference call the stock dropped 15% and still down this week jim, can you help us to understand what is going on with this stock and the future value

of angi, angie home services >> i was quite surprised that this thing dropped i think it's a buying opportunity. i think it's a great company they put together a remarkable business together and guss, i, too, was mystified by the decline. let go to satish. >> caller: boo-yah, jim. >> boo-yah. >> caller: i've been watching the show since 2008 and i'm honored to speak with you today. >> i'm thrilled that you called. >> caller: i want to talk to you about shake shack. sales are down by 49% but on squawk box about the digital ordering, drive up windows with all these things considering is it time to hold it or should i sell just to get the pending?

>> i happen to love to eat there but we try to be unemotional about things on "mad money" and the company with the best same store sales is chipotle because they haven't split the stock most people won't buy it and therefore, wendy's is a default. wendy's had 9% same store sales and such a great manager so i say wendy's down 3% today is your best bet that's what i would do the big retailers and restaurant chains are winning all right? which is great for you, but horrifying when you realize why. on "mad money" tonight i'm sitting down with an under the radar covid player worth considering and a chinese ipo raised more than $2 billion between u.s. and china what does the future hold for ke holdings i'll give you my take and i have the smartest audience of the planet which is why i'm happy to circle back on names you stump

me on. don't miss my exclusive with a company i wish i heard about ten days ago and it called grow generation stay with cramer >> announcer: don't miss a second of "mad money " follow @jimcramer on twitter have a question? tweet cramer #madtweets. send jim an email to madmoney@cnbc.com or give us a call at 1-800-743-krshl cnbc. miss something head to madmoney.cnbc.com. we made usaa insurance for veterans like liz and mike. when their growing family meant growing expenses, our agents helped make saving on insurance easy usaa. what you're made of, we're made for.

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think that's a mug's game. we don't need 30 different vaccines we need maybe two or three at most those are bad odds when you consider that dozens of companies are competing here think of the vaccine race as a gold rush. the best way to get rich is not with the minors but the companies that sells pans and shovels and i recommended thermal fisher and dno a month ago. both up nicely in the wake of very good earnings tonight i got a new one a. leading maker of life sinces and diagnose not ti diagnostic equipment it is one of the first companies to get emergency authorization for the coronavirus pcr test back in march followed by an antibody test in may and a few weeks ago, they got approved for a dry blood spot based antibody test when they reported at the end of july, the company shot the lights out delivering a gigantic top and bottom line beat while some is baked in given the stock doubled, i think it might

have more room to run. let check in with the president and ceo of perkin elmer to get a better since where his company is headed, dr. singh, welcome to "mad money." doctor, we got to get right down to this. a lot of people say how it is possible we don't have enough testing or enough machines how hard are they to make sir? >> sure, it's not the ability to make the tests i think the challenge is to provide turnkey solutions so there is a rapid turn around time and the work flow solutions are available for our customers and this is why at the beginning of this pandemic, jim, we were able to leverage the full work flow solution and capabilities around the globe to provide it for example, when you look at

covid testing, we don't look at it as one test but a full solution for example, when we're directly testing for the antigen, you need the automated rep and rpcr. we have been fortunate we have capabilities across the globe that allows us to provide the work flow solutions for our customers. the side we've been able to do the same. >> let's talk about the deal you have in arizona. the governor announced this is july 9th a collaboration with the labs, market share in arizona the lead leader with perkin elmer i was thinking holy cow, every college in this country should do this kind of deal for you. >> yes, jim, we're actually doing it with a lot of states across the country and also across the globe

you might have seen the press release that we have similarly, there are several others maybe partnering with our customers in the state and in some cases directly with the state labs to bring a full solution to our customers. >> now, i think it's important in this age of where there is such geopolitical tension, you have always had a great relationship with china and you, what, do serology in china >> right now we're not providing any solutions in china but leveraging some capabilities and presence in china to bring products into other regions around the world or in asia and you a europe. >> i got it. i was looking at help combat covid-19 across the globe from that recent presentation you guys did

now, jp morgan has a piece that just came out which basically says be careful, there are many companies in pcr it entirely possible it over crowded and per k akin elmer ha big move i don't see why anyone would think you're apples to apples. you're doing a customer driven product. the other guys may have something, a man but they are not offering customer driven product. >> it's a very good point, jim i mean, again, as we look at testing, you know, it is not just the availability of a pcr test anybody can make a pcr test. >> right. >> there are several other elements that play a role and this is where we excel you know, over the past decade, we have been building capabilities around this, jim, but it is around diagnostics or life sciences. we're at the early stages of

this growth and as covid has become a point, we've been able to bring all of these solutions to front you need the ex traction capability without that you can't do the pcr test as it plays out today and today for example, we launched our explorer automated workstations, which brings automation in a format so our customers can do up to 10,000 samples per day or year and this is the strength we bring to our customers. >> so when you get up in the morning and you read that yale has a saliva test they will give away, is that something you say ut oh, perkin elmer will be threatened by that >> actually, that's a very good example of an invasion that helps us you might be aware about 8 to 12 weeks ago, we worked with our partners that brought a saliva

test to the market the thing is, that's a mode of collection you still need to provide the automation to scale this up to be able to do thousands of tests per day. and you will always need the pcr test so while it a great invasion, it doesn't exclude all the other pieces of the puzzle that are needed for testing to be done at a large scale level. >> i wish the journalist would be as clear as you were just now. a lot of people are getting this story wrong so i really appreciate you coming on "mad money," sir. good to see you. >> thank you very much, jim. that's dr. singh, president and ceo of perkin elmer. did you listen to that it's not as simple as the saliva and go the journalists are doing you a disservice, this is a much more complicated situation. "mad money" is back after the break. (gentle music)

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the trade war with china keeps heating up meetings postponed indefinitely, the tiktok ban and sanctions over a hong kong crackdown but you wouldn't know from the stock market so far this year, we had 19, 1-9 chinese official public offerings, more than 15% of all operating company ipos on the united states exchange are from china. you heard me this morning. on "squawk on the street" you heard me say stop this washington may have a problem but wall street keeps lapping up these deals and last thursday we got the biggest chinese ipo of 2020 k.e. holdings their largest digital housing platform symbol beke remember, these are like chinese this, chinese that this came public at $20 and

jumped to $35 and change before closing and pulled back on friday and another 17% today closed at a new high under $39 according to remembnaissance capital, this is the biggest first-day pop for a billion-dollar deal in 20 years. now i'm seeing a ton of interest in these newly minted companies so tonight i want to remind you chinese ipos have a checkered position no, historically a dicey proposition to be more statesman like you look at the latest round of deals that hasn't changed at all. this has nothing to do with the trade war or white house i've been cautioning against emerging market ipos and chinese ipos specifically since long before trump took office i'd like to think some of the people in washington realize this stuff way after we did here on "mad money ". china in particular has much weaker security laws than we do

which means their stocks are always more of a gamble. there are rare cases where that gamble is worth making i recommended alibaba before it came public and stuck with it because the chinese amazon seemed too good to ignore but you're better off avoiding the deals. of the 19 chinese stocks trading in the united states, nine are up from ipo price, ten are down. if you got it on the deal, you would be up 16% because a hand full have given big wins but if you look at the median performer, the sexual stoactual down 8.8% and you're in there trying to make money with these things maybe doesn't sound that terrible until you look at the broader ipo market on fire right now. when you look at the 103 non-chinese deals we had, they are up an average of 47.5% from

the ipo price with the immedimeu 28.5%. just say no. in short, even if you're lucky enough to get a piece of the actual offering, they are under performing and under performing dramatically and of course you probably can't get in on the ipo itself instead, you most likely have to wait until they start trading. how have you done if you bought this year's crop of chinese ipos where they open on day one turns out only six of 19 are up from their first trade in one of the greatest bounce back bull markets i've ever seen and that includes beke after today's rally. on average, they are down 4 % and median down 16%. let me give you an example algora is the second best performer from 2020. it's a company that builds the chinesegora is the second best performer from 2020. it's a company that builds the chinese realtime platform.

agora is up 114% but down 5% from the first trade not to mention falling 37.5% from its peak in early july so it looks really great. it looks like it's a home run, and it stinks. long story short, when you bet on chinese companies that come public, the odds tend to be stacked against you. listen, white house? are you doing peter navarro? some have a compelling elevator pitch and american analog but unless you're from china or spent a lot of time there, how the heck are you supposed to know if that's legitimate? you can do the homework and that tells a different story which brings me back to k.e. holdings. the platform is a comprehensive database in the people's republ republic 26 million homes this is a real company they have been moving into the real estate broker business, a couple years ahead of zillow and

when you look at the numbers, they are pretty strong 60% revenue growth last year thanks to the broker business taking off but slowed to 39% thanks to the pandemic still, only 39% is something a lot of companies would kill for. even better, k.e. holdings is profitable if they operated in a liberal democracy with a healthy regulatory apparatus, i probably would be a big fan but that's not the people's republic of china. you're investing in a communist country with authoritarian leadership, which a lot of thought leaders don't seem to realize. you need to be more sell likttivlikt ti -- selective. something that would be a yellow flag is a red flag for a chinese ipo. for starters, if you buy k.e. holdings, shareholders have no unfully wednesd unflu wednesday. you're just along for the ride and they control 83% of the voting power hey, good job.

in fact, the stock that trades here doesn't technically represent any equity in k.e. holdings that's right no equity in k.e. holdings the business instead you get an interest in offshore firm with contractual rights to the operating results. can i say that suboptimal and valuation. when investing earlier this year, the business was valued at 10 billion and came public and now worth 43 billion seems pricey but it much more reasonable in a price to sales basis and raised five to six times this year's sales forecast in line with real zillow but not enough when you invest in chinese ipos, the worst case is something like lock in coffee that came public last year. exploded this april when it came out with a huge portion of the sales were straight up fraudulent despite pressure from the bankers calling me saying i was

wrong, from the bankers, i warned you away from louckin coffee one i gave my mother's numbers i was trading around $25, i said stay away. that's not a 10 for 1 split. i'm not saying it's like luckin coffee the fact that luckin coffee got away with so much fraud for so long tells you nobody is screening these things how about the best case? do we do with alibaba, the chinese amazon or the chinese google is the thing, time after time you're better off buying the original amazon is a better performer an alibaba and google is better spotify is a better performer than ten cent music and netflix is better than iqiyi because iqiyi got hit with an fcc

investigation last week. just accounting issue. so the bottom line, if you're tempted by the k.e. holdings ipo and i'm sure you are, if you want to own the zillow of china, who wouldn't forget about it. too risky. why bother when the u.s. housing market is on fire? i'll do a piece about the housing market tomorrow and you can own an american home builder. how about what we had last week with jesse that was good or home depot, lows reported. or you can go defy the odds and buy one of those companies that i think should be on the other side of your trade i need to go to allen in new york, allen? >> caller: jimmy chill, how are you? >> the showman is a little fired up about something now and then but he's ready to play what's going on? >> caller: all right thanks for helping out in these corona times and other times my stock is alibaba.

is the political turmoil in the united states and china in this administration or the next will impact what's going to be going on with alibaba? >> i think that's the only one -- i'm not worried about alibaba. it has u.s.-like financials. i bought stuff on alibaba. it's a great company can i say for the record, the chinese people, not my fight with them. they are fabulous. my father worked for the chinese. he loved them. i have no beef with them it's the way the country is regulated is what i don't like because it's a communist country. and i'm not a communist. how about john in tennessee, john >> hey, how are you doing, jim great today. great today. first day of the rest of my life first, last -- you know what i mean. >> caller: i hear that i wanted to ask you a question about rocket companies number one -- >> yeah, what the heck is going on with that thing

that's a really good company you have a housing market completely on fire it's down. i say you buy rocket there will be some investment banker that will say all right, that's it. let's move rocket back up. lennar is back up and toll brothers this stock is a buy and i also happened to like dan gilbert very much and i like -- i mean, i like gilbert if you look at rocket, this is one that does intrigue me. if you saw last week, you might have seen one of the greatest guys in the world come on. jay and he was the guy who sat to the right of gilbert and he's a great businessman and i think you got to buy it. i really do. i want you to resister the temptation of k.e. holdings. it's too risky i'd rather have you own a play on the u.s. housing market which is on fire i'd rather own zillow. much more "mad money" ahead.

wait until you hear this the company is soaring but can it continue to make you green? an uncertain environment and why it would take more than a vaccine to get people in the office and rapid fire in tonight's edition of lightning round. so stay with cramer.

>> last wednesday, stu in florida called to ask about a company called grow generation that owns the latest gardening stores in north america. it's a small company with a stock that's run up for the year so i told stu we'd have to do more homework before making any decision on retrospect, i should have been a lot less hesitant

last thursday they reported a massive earnings beat, raise theth full year forecast the gardening business is booming but doesn't hurt so many states have legalized marijuana. i've been reliably informed the best stuff is hiydroponic. the stock shot up 47% attacking 6% on friday, get this, 22% today. that's right grow generation nearly doubled since stu asked me about that. stu, you got horse sense i hate chasing stocks after a huge run but this cannabis play clearly deserves a closer look let dig deeper with the co-founder and ceo of grow generation welcome to "mad money". >> thank you for having me, jim. >> so darron, i got to ask you, when i read about this, i said i want to be a grow generation ceo

or i want a couple of stores this is maybe the most exciting model i've seen in retail but a lot of people don't know you, so why don't you describe darron and what you guys do >> jim, back in 2014 we believe the cannabis industry would be a multi billion-dollar industry is there any. we made an investment in the ancillary side with a fragmented industry of a few house hydroponic stores and to sell picks and shovels, similar with home depot in home improvement and swimming pools and landscapes, all great successes in the specialty retail space. we're a one-stop solution for all cannabis growers and small gra craft growers to large ones across the come paen knpaniecom. sells were up 49%? >> yes. >> how is that possible?

>> jim, we saw a 50% increase and the business is booming. you've spoken to the large msos and we've heard them on tv we're in such an early stage of a multi billion-dollar industry. grow generation is just getting started. business has gone from 2018 at 30 million dollar company to an $80 million company last year. this year under 75 million, next year guidance up 250 million. >> do you have any serious competition at all >> competition is coming from pockets of strength within states that we tra arktransact business colorado, california, maine, michigan those are right for the strategy those are storing we're buying bringing management in and sales and profits and also opening stores in new states emerging. you'll see us opening up the eastern corridor and oklahoma. you'll see us in new jersey, new

york, pennsylvania, maryland as states open, jim, you'll see us going into new states. >> now, last week ben was on he's got an outfit, very big publicly traded outfit in pennsylvania and said this is really for small to medium sized growers, not for big guys. when i look at what you're doing, i don't know how -- i mean, i don't know who is doing stuff for big guys i think you're doing them for everybody. >> 20% of our business comes from the large msos around the country. most sales are up 180% year over year right now we represent harvest health, anchorage holdings, colombia care to name a few. we represent over 700 commercia growers from state to state and that number is growing there are currently 14,000 commercial licenses throughout the country. >> when i look, other than rhode island where it's a civil violation, i was surprised for medical, anyone can grow for

medical, right if you do it, i saw oklahoma was the one i couldn't figure out because recreational is illegal and also florida is illegal but you guys don't check on to what people use this stuff for. >> oklahoma there is 5,000 licenses it's a very large craft license. the most licenses in the country so you're seeing we have tremendous boom in the oklahoma markets right now. states go two ways they either open it up for many growers or again, like certain states like minnesota where there is two licenses, connecticut, certain states again are encouraging many licenses, more tax revenue. >> so if the democrats win the white house and sweep in the senate and the house of representatives, you're going to be -- you're going to have this market to yourself in 50 states. >> we're excited about it, jim one of the beautiful parts is you'll see many people, you'll see the home grown markets

explode and commercial markets explode. again, the markets aren't slowing down you saw back in 2018 a small contraction. since then during covid the stay home economy gardening is booming right now. all from the cannabis side and also from the home growth side. >> and you're putting up bigger and bigger stores. your average is 6,000 but the new ones are much bigger like tractor supplies do you want to have a home depot sized store. >> the last store we built in tulsa, oklahoma was 40,000 square feet. our warehouse style stores also are distribution centers for us, online fulfillment centers so multi channel we're rolling out the approach in september. so again, it's a multi channel approach we have dedicated sales reps for all large msos around the country. we're the one top stop for the large medium and small cannabis growers. >> well, darron, you -- this is one for the books.

i've got to tell you it rare i'm stunned that i didn't know a company, thank you, stu that i think may be the next generation's home depot grow generation co-founder and ceo. great to meet you, sir. >> thank you, pleasure being on. >> what can i say? periodically you're blown away do your work check it out the stock is up very big but stu in florida has one up on me. we're back after the break 3w4r5 p blatch buy now and get two days free at the parks. restrictions apply. we embody that deep rooted history within our city. it took this pandemic for us to get uncomfortable, to pivot. but we've risen to the occasion. i love to say that we have survived the great depression. we have survived the recession and we are survivors.

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sell, sell, sell and then the lightning round is over are you ready ski daddy? chris in georgia, chris? >> caller: hey, good afternoon, jim. thanks for helping i want to say thanks for helping keeping us calm for understanding the market. >> sure trying hard for me, too, man. >> caller: my question is about ping after the report last week, it fell and just kind of sat there. is this something i should hold? >> no, the whole group octa leads but there are so many companies in the identity business people are starting to freak out there is too much competition and ping is a very expensive stock. let's go to justin in michigan, justin >> caller: hey, jim cramer king of chill. >> yeah, i'm the chill man >> caller: i feel honored because you just answered my question on that last action

alerts plus on thursday. >> oh, thank you good call. >> caller:nformative call. hour and a half call i do. thank you. >> caller: the stock i didn't get a chance to ask about is royal p pharma. >> i interviewed that pablo, that is what is known as a general company. the big sponsor and great pe firm i like that company very much. they do a lot of great biotech investing without a lot of risk. i like it. let's go to ryan in north carolina, ryan. >> caller: hi, jim, how are you? >> i'm good, how about you. >> caller: well, calling from north carolina but originally a south jersey suburb of philly boy. >> i got to tell you, i'm getting ready for fantasy for bull market fantasy. did a lot of work this weekend and a lot more to do what is going on

>> caller: i bought a pharmaceutical stock in 2010 around $20 and held it until corona so i'm on house money traded up to 300 in july it now back down to the 270s my question is, we have a long way to go or should i sell it at this point, the stock is -- >> no, actually buy vertex that's technology. a horrible disease cystic fibrosis is amazing and will get better and better i say buy vertex, do not sell it let's go to ryan in alabama. a lot of ryans ryan >> calle >> calle >> caller: mr. cramer. >> yes. >> caller: boo-yah from the school of medicine. >> fantastic what's up? >> caller: i got a question about builder's first source. >> builder's first is a good look builder's first is a good company. the brand is trading well.

that's it? and that, ladies and gentlemen is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by t.d. ameritrade 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. ♪

every time i hear we don't know when people go back to work, i have to laugh. having come through the most recent quarterly reports from hundreds of companies, almost nobody is talking about coming back but how great it is to work

from home. most ceos took the pandemic seriously and kick off the conference calls with tremendous pride about how they were anal -- able to get their peopleble to get their people home getting out of dodge potentially filled with covid-19. they didn't buy into the government's wishful thinking how quickly this virus would go away we don't have exact numbers on how many people are staying away okay and some jobs still need to be performed by a person but we do know that public transit is down about 60% year over year total road traffic is down 40% those are huge numbers and they haven't changed much at all since thecities and states across the country are reopening. that's amazing i need you to forget when you hear from pundits or politicians and focus on big business. after talking to dozens of companies that switched to remote work and the tech outfits that made this transition possible, some things are

obvious just not talked about. first, there is a tremendous level of concern about safety. they can take your temperature when you enter the building but you can transmit the virus before you have symptoms, even as everyone seems to act like we don't know that. i think a plane is safer than a building, actually, i know that. second, most companies don't know jack about how they even begin to reopen safely before we get a vaccine so it's easier to send everyone home why take the risk? they don't have chief medical officers or pcr machines and don't spend a fortune upgrading the ventilation systems. one thing they can't control is whether they let you not building so they don't protocol. third, we know that the decline in travel and entertainment is staggering nobody wants to see you for a meeting in person. nobody no customer. and nobody wants to be seen. let me let you in on a secsecret it's a lot cheaper to run a company reportedly come back to working in a safe environment or work from home. most people want to stay at

home they don't want to get on public transit or ride -- i was in an elevator today and somebody else got in am i okay? i had a mask on. they don't want to worry about maintaining six feet of distance and frankly, how do you enforce this when you see a sign five to a men's room who wants to tell the sixth dude to get out it's so much simpler to do things remotely until we're in the clear. fifth, zoom is fine. you don't have to worry about a cold or a flu from colleagues. nobody wants to be face-to-face right now. john oliver can mock my zoom brunches all he wants. he says jim cramer's fun time quarantine activity makes you sad but i say don't knock it until you try it finally, let's be honest it just more convenience to work from home and i think better to be with your family but i say that as someone whose kids are grown up if you need daycare while you work, this is a very rough situation but get used to it

because if big businesses with deep pockets are hesitant to reopen offices, sadly there is no way america's underfunded schools will be able to pull it off. put it together and i think the age of commuting to work in a big office in fact city may be over it's not coming back until we get a vaccine and maybe, just maybe not even then. stick with cramer. some see a grilled cheese sandwich and ask, "why?" i see a new kitchen with a grill and ask, "why not?" i really need to start adding "less to cart" and "more to savings." sitting on this couch so long made me want to make some changes...starting

with this couch. yeah, i need a house with a different view. and this is the bank that will help you do it all. because at u.s. bank, our people are dedicated to turning your new inspiration into your next pursuit.

all right. save a little time here to talk about the stock of invidia it's my favorite stock in the market big holdings for actionalertsplus.com the stock was up gigantically reports wednesday. at this point, i have to tell you would i buy it above where it went out today? i say wait and i say that only because not only do i love the stock but i even named my dog after invidia but up so much wait and see there is always a bull market somewhere and i promise to find it here for you on "mad money. i'm jim cramer and i'll see you tomorrow

>> 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." ♪ with a business inspired by her daughter cosette. hi, sharks. my name is aly lessor, and i'm the creator of the children's clothing line cozy bug.