higher >> karen >> so i'm always lock stocks no matter what, but i do want to own protection the vix is off 22% since the peak in early september, so i want to buy s&p 500 protection >> tom cruise a huge "fast money" fan hey, tom, hope all is my mission is simple to make you money. i'm here to level the playing field for all investors. there is 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 want to make you money. my job is to train, educate and teach you. call or tweet me @jimcramer. as much as everyone seems to

loathe last night's debate, you know who loved it? the stock market which is why the dow surged 329 points today and nasdaq advanced 4.7% what did the candidates say that got wall street so excited honestly, it's more about what they didn't say, a lot of investors were worried trump and biden would try to score points. these companies if you don't plan to do anything about them not this time. when the candidates lay off the health care sector, the stocks roar one of my favs runs government sponsored health plan and does it better than anybody guess what happened? stocks zoomed 4%. anthem, cigna, united health,

even cvs managed to rally. my trust owns it follow along by joining the actionalertsplus.com club. it's been awful. own your mistakes. we just bought more. 3.4% yield i have parsed every word of that debate that was hard if you read the transcripts, it was bad. chris wallace often picked on who told the president quote you in the course of these four years have never come up with a comprehensive plan to cover obamacare. if obamacare is here to stay regardless of who wins, that's fabulous for the manage care companies and biden helped create obamacare whether you like it or hate it it's good news for the stocks. second, i didn't hear anything that made me feel like biden would turn the banks into a punching bag not even a whisper goldman sachs leading away, easy targets. biden didn't touch them. not his game

a lot of people forget biden was the senator from delaware. you hold that job for decades. it could be leaked because the fed decided to buy dividends and there won't be an enemy in the white house. third, the president had real optimism about a covid vaccine even though biden accused him of lying. he said he spoke to moderna, j and j and pfizer and they are ahead of schedule. moderna gave up at the end j and j. i got total faith in the company's vaccine, trying to get into the new york trial and they have a lot of preexisting things that make it difficult for me. the debate got me thinking you can think after that debate? yeah, got me thinking how close we are to finding something to help bridge the gap until a vaccine is ready for example, reagain ronge sregs

working on a cocktail and if everything works out, you'll take it by iv been testing positive, reverse the viral load that causes so many problems so you get the test. the test says you have it, and then, well, one day, maybe it will be a pill form and you'll take it and then the viral will reversed this drug could be used. we don't have a great way to control covid once you're infected except wearing a mask regenreon is a buy it's 559 down 13 i bought it at 600 you're an idiot. fine, call me an idiot i liked it at five there is abbott labs that is a 15-minute one that could be a game changer the president ordered 150 million and hogging them all he'll send them out. these tests come with an app and qr code and if you test negative, that could be the boarding pass for anything high

risk whether it be an airplane or gain. the stock rallied and yet, i think it's a buy now the debate was tough to watch. i have to admit. i got a sense there is serious attempts to reduce risk out there. maybe they come to nothing the government hasn't exactly handled the pandemic well but if we get safety measure, disney wouldn't have had to lay off 28,000 people. a lot of us were convinced both candidates would spend a bunch bashing china. the market hates that and hates the trade war. aside from the president's usual china stuff that is a little pinch. china virus. they hate that the people's republic barely got mentioned. there is a complex of tech companies that depend on chinese business and win as long as relations with the prc don't deteriorate further and how do i know this? micron, mu gave them very down beat forecast and didn't infect the rest of the group. in part because there wasn't a ton of china bashing at the

debate china bashing. i think that's why nvidia roared today. they need the chinese to green light and it's why it was roaring after opening. i know it's tough to separate the endless attacks and the tire some name calling and bullying from substance, what little there was. biden talked about race and taxes. the president talked about knocking down prescription drug prices but not with a reserve for every other subject. the result for the moment, both candidates have given the market a free pass. wall street doesn't care if the candidates attack each other, as long as they don't attack financials, pharmaceuticals with any real teeth we got a boost in the middle of the day with positive chatter between speaker pelosi and mnuchin. when it comes to the stimulus, they aren't the enemy of it. it's senator and senate majority leader mitch mcconnell who is reluctant to spend this money and as long as the president is

bragging so much about v shaped recovery like last night, i don't know how he admits we need another massive bailout and we have the greatest economy in the world. right? the v shape. i think we need tens of thousands of small businesses will go under but i'm skeptical that congress can get a deal done it is what it is i don't mean to be callus. while stimulus is good, letting the big public companies crush the little guys is even better for the stock market i think it's better for humanity wall street was worried about a lot of things into last night's debate and almost none came true and that's a fiasco for most voters trump and biden could get into a fistfight if they tonigdon't tat industries that are easy to hat and causes the market to go higher let's speak to novak. >> how are you doing, jim? >> how about a good day here, buddy. how about you? >> caller: investors are a

little annoyed at deo as of this moment he has a beautiful idea for the company. he came out with a no refrigeration vaccine that uses dna and selector medical device that puts the da into the t cell and the antigen so it's a natural situation. >> right. >> caller: but until the in theg he goes on world news and says he's come up with a vaccine in three hours. >> right. >> caller: so stock goes from four to 19 and sells off because you can't say that without having fd aapprova approval. >> when the stock went up, i

said that's fine it's enough. now it's up to the big boys. you're playing be big boys that's the nfl you aren't in the nfl these guys so i say no. joe in massachusetts, joe? >> caller: hey, jim. i'm calling from eastern massachusetts, home of the world famous new england patriots. i'm calling today to ask you for your thoughts about the general motors nikola deal that puts 2, 3 billion value on g m's battery and fuel cell technology when you add this to the fuel cell facility that gm is building in partnership with honda, is it time to start thinking about gm as something of a technology company rather than as strictly car and truck company and what might this imply for its future valuation >> look, i think the stock is cheap. we have to get through the used car inventory and gm will do okay i'm not against selling it the nikola thing is a side show

but the stock itself, i'm getting very positive about the autos. why? because people don't want to take public transportation and you're not supposed to carpool that's giving a check to the auto companies that's how i feel about it don't forget, tesla is a technology company wall street was worried going into the debate, right none of the worries came true so the market laughed it up somebody liked this debate on "mad money" tonight a world where business can be conducted from almost anywhere, how is docusign doing harvard roommate and former co-founder of facebook brought a new company public i'll tell you if it's worth considering a sauna and multiple companies and nations around the world are racing to develop a vaccine but how is one of the top tech players hoping to help with the rollout i'll talk with sales force's ceo so stay with cramer.

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with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. what do we do with the high quality stock like docusign? something essential if you want to buy a home during the pandemic they reported a magnificent quarter. look so many others, the stock ran up into the quarter and the

market was turning against the group so it got hammered docusign pulled back so it's nearly triple for the year if the stock is up to a buy, it's not cheap the company rolled out a new product i can't wait to hear about. artificial intelligence but do not take it from me, let's check in with the ceo. welcome back to "mad money." >> thanks for having me, jim. >> all right first before we get to the new thing, which i absolutely love, the housing market once again today by the housing stocks remain amazing and are there still people doing it by hand >> there are a few realtors that

aren't on board. they realized they needed to have that transaction experience, it could be so much easier and they built it today, even though it's still an important segment, it's a small percentage the small concentration for us but we're excited and we think it's going to be a robust housing market and that will be good for docusign. >> you talked about in a deutsche bank conference, i want to get back where i typewrite a letter and mail it out people can't possibly go back. i signed a docusign today. i can image anyone a nightmare had it had to be typewritten and send it back do you see anyone going back to the way it was >> we really don't once people have the benefit of the digital transformation and say it's so much less expensive, it's so much better for their employees and customers, the experience, everything works so much faster with the speed of business, we don't think anyone will be going back. >> it's also very clear as you

say in a jeffrey software virtual conference, we're not going to have 100% of the people we used to have full-time in the office it can't be. i'm not talking about covid. it works better at home a lot of time times. >> we seen that for ourselves. we had 5,000 docusign employees that don't have to be in the office the new normal would be somewhere where we were before covid and where we are now. >> total adjustment market you're moving it up. notary product, 1 billion-dollar, notary product can we cut that out entirely what's the point of that if we have docusign? >> the beauty of it last time i came on the show, you were upset you bought a house and everything was great with docusign but were mad you needed

a notary i went to the office and said we need to bring in notary. we're calling that the jim cramer solution. >> i have one person in my life who is a notary and it's incredible she's not around i'm dead on any contract and it's -- i want -- she has a lot of other skills but this is ridiculous and i'm glad because i've had to go search for notaries all my life. let's talk about this product you announced, which is artificial intelligence. i can't believe how important this is. this has nothing to do with houses you're talking about complex contracts where there are people associates, law firm associates you're paying a fortune to do what docusign artificial intelligence does. >> if you think overall about the cloud, applications that

make your business more agreeable. when happens when you receive an agreement to look at, we analyzed it for you. we say what are the terms in here that are in the industry standard and program it to say what are the terms non-standard with what your company does? you get to the key issue that makes it better and faster for you to negotiate with the folks you're doing deals with. before we spend a lot of time on these, this highlights right away the big ones and that makes the fifth year law associates so much more efficient. we're so excited to bring smart contracts. >> you totally should be i was involved with the longest running lawsuit in new jersey, six years. why was it long? it was a contract negotiation where the other side reversed the numbers without telling me i bet your analyzer would have caught that. >> that's exactly the kind of thing. any time something changes off your norm, it gives you an

opportunity. >> i gave them five contracts done before and they were the same and the guy reversed the numbers, i didn't catch it because i guaranteed i said to him they almost would be the same he assured me they were. if i had this product, i cannot tell you how much wealthy but i know i wouldn't have been so aggrieved. this is a game changer. >> we're excited so everyone can have the world class process in their negotiation and hopefully make the world more agreeable. >> i know i got to go but i can't stop the last thing you need to do, audio video basis. video, you have to meet with zoom you have to. you have to and underneath the picture, i want to be able to sign could you ever do that for me? >> we can. in fact, eric and i have gotten closer and closer and looking at more collaborations and i think

we think there is a huge opportunity to integrate the software to do what you said but you can have that collaborative tool and at the same time, have an agreement brought right into it i think you'll see what will happen is the notary and online notaries part of this overall collaboration capability you will see that. >> oh my god, that would be so gigantic anyway, it's always great to see you. ceo of docusign. you're a game changer my friend. a disruptor and game changer thank you for coming on "mad money." >> thanks for having us. listen, i know stocks had a big run but i also know you're finally getting it when it comes down don't run from something when it comes down go to it stick with cramer.

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third quarter for ipos since 2015 and finish with 80 deals. today we got two more not quite ipos two direct listings. big story was what i told you about last week. i don't love it. it seems like the market agrees with it. it was supposed to start trading around $10 and instead, the reference price, the key of where it might be was 725. stock closed at 950 with a really bizarre pit stop at $11 soon after it opened by people too wildly enthusiastic or didn't know anything take your pick there was another that wall street got excited about called asana. another fast-growing cloud software play with a platform that helps companies orchestrate projects from small daily tasks to major strategic initiatives i would want this company at a

reasonable price it a textbook cloud name with turbo charged revenue growth and big losses based on today's action with the stock surging 37% from the reference price, the market has an appetite for the deals. is it worth buying or let this one cool off before circling back to it isn't that really the question that you might be asking if it didn't -- obviously couldn't get it all right. before we can answer that question, we need to understand what this company actually does. first of all, it was founded by a couple early facebook executives including mark zuckerberg's roommate, co-founder and the guy wow. a like button. a dozen years ago they left to start their own company. the rise of work about work. that's not like a show about nothing. okay it's a work about work the bigger your business gets, the more time you spend coordinating other people rather than doing productive work,

everyone gets stuck in meetings or long email chains trying to figure out who is in charge of what we have information overload if you're operating in the knowledge economy, you're spending the bulk of your time reading and answers emails or talking to people on messaging apps this is my life. i need to get work about work. other than other business collaborations, it's a system of record for work. they don't just help you coordinate they take the data how you've done work in the past and use it to create a work graph that gives managers a sense who is doing what that may sound boring. according to a study, knowledge workers spent 19% of their time gathering information and 14% of their time on internal communication. coordinating with you co-workers, you take up a lot of time and interrupts people when they are trying to get stuff

done asauna makes that stuff much, much smoother. saving people time and making them productive and lets everyone know what to do and why they need to do it which is a huge pain in the neck. plus, there is a huge covid component because when you work remotely, you end up spending a lot more time on coordination. in other words, asauna makes remote work more productive. that's what everybody wants. how about financials we have to get down to what attracts and repels. on the one hand, asauna is growing revenue up 63% in the first half of 2020 they are losing money hand over fist and so far this year the margins are going in the wrong direction. doesn't take this to know that that's bad, right? that's rocket science. why do they burn so much cash? the company is spending a fortune to take market shares during the pandemic. sales are up a staggering 92% in the first half maybe that will

pay dividend down the line but hasn't stopped the growth rate from decelerating and that's amazing. what else do we need to consider on the plus side, the bloodlines the ceo. moss who helped found facebook for heaven sake. good story but you can argue a guy that worked $15 billion isn't playing for dinner he may not be hungry enough. the problem with asauna is the software and collaboration space, it's crowded. we have a lot of companies that want to do this, similar things. i like the business but the problem is they're at least partially competing for the likes of team, smart sheet and more recent ipos those are just the publicly traded ones. when you look at the privately held rivals, people who are smarter than i am tell me the list is wrong. there is wrich, monday.com,nam what people claim to me are

obvious and pike somike soft. it makes me a tad nervous. maybe they are trying to take advantage of a unique opportunity but i hate to see the revenue growth coupled with worsening margins. plus, while the stock roared today, the high profile direct listings don't have the best track record i like that early on but took years to catch on fire slack was direct still trying to win people over and with a regular ipo you get the wall street promotion machine going on your side whereas direct listing, you don't get any of that look, asauna is worth something. the goal is to figure out what it is. what should be the price i know that it's too high now and it's reference price of $21. the stock was valued at 14 times sales which seems appropriate for a good but not great cloud play in the market great cloud stocks sell for 30 times sales. which believe me is so high but

trust me, this is the way the market is right now. the thing is asauna opened at 27 that level is selling for 18 times sales. justified. it kept roaring going out at $28 and change that's 19 times sales and puts it in the same ballpark as these companies are much closer to turning a profit that should matter let's talk about what i use as a way to be able to have my reference price. okay this is something i've ent introduced and introduced. take your cell phone and take a picture. quick and dirty way of evalua evaluating software as a service play take the revenue growth, the sales. revenue growth then you add the operating market, that's the percentage of sales that they keep as earnings before interest and taxes. if the sum is greater -- it's a risk if the sum is greater than 40, the stock deserves another look.

if it's below 40, bad sign last year asauna had 86% revenue growth but negative 49% operating market what does it come to 37 just bare lly fails the rule tet it slowed 63 and operating margin dropped at negative 51. that gives you a 12. the worst rule of 40 with the groups the best apples to apples is this it flunks. i don't have to worry about asauna i got this this says no bottom line, it's an imperfect cloud play i think it's an intriguing industry but too much computation at these levels. this tells me the darn stock is simply too expensive i need to speak to michael in california michael? >> caller: how are you doing >> i'm all over everything what is going on with you?

>> caller: i'm looking at slack technology and i'm wondering if it will go up or down or just hang in there with big corporations involved with technology these days. >> look, i'm tired of going up against microsoft. i would like to buy the stock of slack but it's going up against microsoft. i'm done i'm done if it's going against microsoft, i'm not going there. period, end of story even if it's a superior product, i know i know reasoning. tom in florida, tom? >> caller: hey, jimmy chill. how are you doing, brother >> chill man was all over blocking people left and right today. i haven't blocked this many people since last week what's up? >> caller: not much. i'm a three-time caller. very happy club member. >> action alerts, thank you. >> caller: no problem.

you've done me huge favors the ipo you talk about in early june, you know, i watched the ceo on your show i love the business model. the company has, as you said, has an incredible track record and winning drugs. >> don't forget biohaven. >> caller: nurtec. >> i took it at 330. split and migrate. felt like an ax. >> caller: my sister and law suffers from it. i understand how painful it can be not personally but watching her is horrible. the stocks traded fairly flat and insurance is the ipo launched, id traded well above at 28 and i took your suggestion and waited for the peak to come out and then i bought on the dip. i got in just below 40 on an average. >> okay. >> caller: with a proven track record, year over year second quarter receipts up over 20%

the cash flow yielded an 8% plug. >> right. >> caller: and is currently paying a dividend at 1.43% not great but an ipo. >> it will grow. tom, it's going to grow. i've done a lot of work on this and haven't caught up with the company. people at the company last week. the first thing i wanted to say is go to the actionalertsplus.com team and maybe we should swap out a pharma company for royalty because this company is doing really, really well. it's one of my favs and maybe you should stick it. this may be in the bullpen we have to clear some of the others out now wall street is so jonesing for a sauna. i get that software, cloud, work is work. i don't know but the stock is too expensive you're not going to get it much more "mad money" ahead. as the race for a covid-19 vaccine continues to heat up, sales force is getting in on the action i'll find out how it's using its

technology to help governments prepail fre for a rollout and ag announcement you don't want to miss this. stick around rapid fire on tonight's edition of lightenining round so stay w cramer woman: my reputation was trashed online. i felt completely helpless. my entire career and business were in jeopardy. i called reputation defender. vo: take control of your online reputation. get your free reputation report card at reputationdefender.com. find out your online reputation today and let the experts help you repair it. woman: they were able to restore my good name. vo: visit reputationdefender.com or call 1-877-866-8555.

if you're feeling disheartened about the potential for a solution to the pandemic and it's easy after last night's debate the private sector is on the case sales force rolled out the work.com a set of tools designed to help businesses and local governments safely reopen. it's way beyond a lot of different companies and they expand to help schools reopen and just today, they expanded it again with work.com for vaccines they want to help governments and health care organizations safely and efficiently manage vaccine distribution once we get one. we've blown our chance to get the pandemic under control and the vaccine is the last best hope assuming the fda approves one, you have to get it to 300 million people and i'm thrilled sales force is in on the case. let's look with the bankable founder chairman and ceo of sales force. welcome back to ""mad money."

>> thanks for having me always appreciate it. >> ark, sales force announced it's work.com for vaccines you say vaccines but doesn't mean you're talking about a covid havivaccine. are other vaccines in play here >> obviously, the flu and the flu shot is a vaccine, also. we have covid vaccines coming but we are in a situation right now, jim, where vaccinations are one of the most important things we can do for public health. we know that we have hundreds of new vaccines coming for covid it will be one of the biggest logistic and technology challenges in the history of the planet and sales force is delivering now the work.com for vaccines, ex etending our super successful work.com product that helped so many states, nation states, companies succeed during the panpandemic. we're going to make sure this

program is a success. >> give me a city or company involved. >> you can look at amazing organizations here in the united state states states like texas and cities like chicago and many others we work with contact tracing are deploying the vaccination program. this means that they have the ability to manage all the information associated with the vaccine. who has received the vaccine how many vaccinations they have had. some of these vaccines are going to require multiple boosters the effectiveness of the vaccines and the ability to have the person that received the vaccine to self-report jim, i think you know, every vaccine is not going to be the highest of quality there is going to be an assortment and we're going to rapidly have to be able to determine so we can have the best vaccines possible technology is the key to doing that, jim. >> let's go back in time when i was a little boy i had to go get a sugar cube and the sugar cube

was done at the high school where i lived. it was administered by the federal government and it cured polio. okay we waited in long lines and had the sugar cube and we didn't get polio but it was the u.s. government that did it this is a national emergency why is sales force taking the role of the u.s. government? >> well, jim, we're not doing the vaccination programs we're providing the information technology platform, the applications the cloud. you know, look, jim this is why i built customer 360 this is why i built customer 360 so you can build the applications rapidly, deploy them, integrate, everything with what you already have and by the way, jim, this is isn't going to just be for federal government state governments will have this requirement. in many cases, i believe companies will have this requirement. so you're going to have the same situation with contact tracing, which is all types of stake holders will be required to be able to operate these vaccination programs and we want

to have the best information technology for them. easy to deploy lowest cost. we want to make sure we'll accelerate these vaccination programs because jim, i'm done with covid i'm ready for this to be over so we can get back to the life that we had, but none of that is going to happen until we all get vaccinated, we all have to continue to wear masks and do contact tracing and information technology is a key part to make it happen. >> one of the things i felt mark hawkins gave a terrific talk at the jeffreys virtual software. a lot of people say covid moved up technology one year and two years. he's the first one i heard ten years worth of humanity being digitally enabled in six months because of covid ten years. how does he get that number? >> jim, we're in all digital world. i'm in your home and you're in you studio, it's 100% digital environment.

i'm not down and beyond picks in san francisco like i used to be. i'm doing this on my computer. i noticed all of your guests are, as well that's an amazing new world we're in and that's how i make sales calls. we're making millions of sales calls using zoom and these types of digital technologies that let us talk directly to the customer one of the first interviews we did during covid, you said mark, how will you be able to survive and succeed during covid you used to fly around and meet customers. i do like to fly around and meet customers, i just do it digitally now, jim we're in a digital world what we need to do is get through this and the way that we're going to do this is well, we've all been wearing our masks. i hope, you know, we've been doing our contact tracing and been social distancing and now we're going to get our vaccinations and get our society back to normal. >> i'm wearing my honey well smarts mask because i love honey well you know that. >> i love honey well, too.

i think it's amaze sging. >> they're part of our mask contest. >> the mask contest is so successful i een early entries. i hope everyone is submitting their mask contest application at x prize. >> we'll win with this all right. listen, you used to know a man frank and he's unbelievable. frank slootslootman got servicer it needs to be and now he has snow flake you got snow flake on the deal like zoom. are you a stake holder in snow flake or did you just ring the register and now have more money for sales force? >> jim, sales force is so deeply committed to analytics and providing those digitalizations and data warehousing i know you remember only about a year ago, we bought this amazing company tablo. >> love tablo. >> probably the most successful acquisition in the history of the software industry and a key part is those data warehouses on

the backside of it and that includes snow flake. that's how we met frank and this amazing company we invested in as a private company and invested in the ipo because we're investing a lot of parts of the ecosystem this is a key reason the vaccination program will be so successful we have an eco some of companies like snow flake, ibm so many companies will partner with us with work.com. snow flake included that give us the ability to rapidly deploy these systems and scale them and by the way, analytics and digitalization like snow flake, this could be absolutely critical to this vaccination program. you can imagine huge data warehouses that are so key to understanding what is really happening in this new world. >> i know. that's a great company one last question, would you ever be involved with your old mentor larry ellis son and ticktock >> well, i love larry ellis son

and larry ellison is giving us a master class with tiktok he's shown how to take a company and make it relevant through a transaction and deal i learned so much from larry he's been my mentor for 21 years and i've been just totally infatuated with how he's got the whole world around his finger with tiktok. >> he's a genius great to see you it is all by zoom and you ended up doing it and we're wearing our masks and we're going to take our vaccines. >> thank you. >> thank you, mark. >> go to work.com to see more. >> i like this sales force co-founder chair and ceo. we didn't talk about the fact $5 billion quarterly rate best in history. "mad money" is back after the break.

it is time, it is time for the lightning round, buy, buy, buy, sell, sell, sell and then the lightening round is over are you ready ski daddy? time for the lightening round. jack in florida, jack? >> caller: boo-yah from miami, florida, the home of the 2020 world champion miami heat and 2020 world -- >> jimmy butler. jimmy butler plays like i play i love him what's going on? butler is my hero, hit me. >> caller: got a stock i want to be like a jimmy butler to my portfolio. it's xtx it's going to be every xbox, every playstation. >> very inexpensive stock i got to tell you.

the yield is 5%. i'm never going to find a guy that owns it with a 5% yield that does have mojo, i'm okay with that. that's new for me. jack in ohio, jack >> caller: thanks for taking my question. >> of course. >> caller: it's on little bounce is it a buy where it's at? abbb >> absolutely. the reason it's not doing as well it has an expiration 2022 but the other reason, there aren't a lot of elective surgeries and people that use botox to make their faces look better because of the pandemic then the stock will go to 100. it's a buy benny in california, benny >> caller: hey, what's up, jim not much how about you? >> caller: good, how are you >> not bad thank you for asking. >> caller: i have a question. >> yeah? >> caller: i've been holding novavax. >> take half your money out and take it out yesterday.

how about that benny, you're not playing with the jets, okay actually, you are playing with the jets boy, are they bad? let's go to isaac in colorado, isaac? >> caller: hey, there, cramer. thanks for having me i want to start off by saying i love your vetting term. >> how do you like that? number two first time second time, long time what's up? >> caller: i'm a believer in this company and my wife works for a data pipeline company that said a large number of her clients love and use snow flake. i got snow flake at 225 and it's been volatile. with a few trading days, you know, been fighting the good fight. >> snow flake is a good company that sells at 100 times sells which is the most expensive stock. 15% is owned by warren buffet and mark i can't fight it because it's great. that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsor i bdby td

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i can't believe i'm saying this but it's time to buy the stock of boeing. not just because the head of the faa took the 737 max for a test flight today and it went well. if the max can fly again, that's a game changer for boeing. i'm not just saying it because i think the key customers will be up by the federal government

united took a loan from the treasury i doubt congress can pass a bill to help small businesses if there is something i learned from the past 40 years, the airlines always get bailed out there are too many voters in to many districts that need this industry to stay alive it might not come through for small business but it will come through with the airlines. if the airlines built out, who will fly in the middle of a pandemic no industry is hit harder by covid than the airlines. we're convinced you're taking your life into your hands to get on a flight in this environment. what if that's not true? if you care about social distancing, boeing contends the design of the cabin and the air flow system on the planes creates the equivalent of six feet worth of social distancing. yep, contrary to the belief airlines are covid incubators, flying may be safe when you look at the data, it tells a different story. i find these numbers -- i'm

skeptical but get this, from the beginning of the pandemic through august 1.3 billion people have flown on 19 million flights. you know how many documents cases of covid cases in the airport or airlines? 19 just 19. i thought the numbers were wrong but the tsa records, the international air transportation association are the same thing worldwide. that 19 number has been peer reviewed in medical journals even if they are missing a ton of cases and if the real number is 100 times bigger, flying could be safer than we've been led to believe and if flying is safer than we think, that means boeing is too heated there is still somewhat skepticism surrounding the stock. people want to say they don't want to take a chance the max will be recertified or the process will be delayed or al n aligalig airlines won't be bailed out i don't think you'll be able to wait and see according to goldman sachs, the free cash flow should turn

positive surging to $22 per share and a more normalized 2022 that's the case, you can't afford to be patient by the time this plane is allowed to fly again and the airlines are recovering, the stock will have run plus if the airline covid case numbers don't seem credible, the 15-minute covid test is about to become commercially avalue thilable ths in with the app if we can't get the tests widely distributed, we will once we get our arms around the testing issue, other countries might start letting in americans again which could spur a huge amount of traffic. you should own boeing before that happens because if you wait for the all clear, it will be too late boeing is one of most despised stocks down 49% for the year but air travel recovers. it takes time. this recovery might come faster than you think once people realize flying is a safe way to travel in terms of accidents, but also apparently in erm thterms of co

i'm skeptical of the numbers i can see how flying is less risky than we've been led to believe. less riskier than the office building for certain maybe the one you go into every day with an elevator put it together and you got a lot of reasons to bet on a comeback and if you try to trade a comeback, you'll have to get in before it happens, which is why now is the time to buy the stock of boeing. why? ist -- it's still cheap before the approvals come roaring in. the stock is so low that everybody is giving up on it and that is the time when people need to buy even the most hated stocks in boeing it may be the most hated stock that i've ever seen. and i understood why it is and you and i both know why it is but there is a reason and a price for everything and i think right now with the faa guy riding and seeming to like it, buy some shares in

boeing all right. there has never been a more important time for the news than news with sheppard smith and he's next. shep will be digging deeper into the fallout from last night's debate tackling the latest on covid hot spots across america and more don't miss good evening i'm shephard smith on cnbc, and this is the news right now on a brand new newscast we would normally play the best sound and individual groet debate, right? that's the lead, the back and forth from the president and the man who wants to replace them. that produced open, as we call it about a minute it's fast. there's music, it's compelling, rich with emotion. that was our plan. that's what we'll usually do, but as it turns out in this moment, that's just the noise. you've heard it,