>> karen, you're next. >> tiffany i like the theater of it. >> there's a lot of theater around that. how about you, dan >> deere, too far too far. i'm a seller. >> and guy "mad money" with jim cramer 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 you, so call me 1-800-743-cnbc or tweet me @jimcramer everyone i know is focused on the shape of the stimulus negotiations

>> they know nothing >> they're hanging on every word from speaker pelosi or secretary mnuchin, watching mitch mcconnell's body language. we need to know if cash strapped states and small businesses will get the help they need but the stock market's already made up its mind it doesn't matter. that's how we can some solid action today nasdaq soaring, 1.42%! ♪ hall hey lielujah ♪ >> we're starting to hear about huge layoffs, okay disney, smaller ones at goldman sachs. possible avalanche of firings at the airlines these people are losing their jobses through no fault of their own, and i hope the government can get its act together to help them, because it's the right thing to do. the broader economy needs a stimulus package, america needs a stimulus package

but the market, oh, man, the market doesn't see a recession it seems a secular boom in certain industries i know this because we're starting to get earnings from defensive companies that would normally give shareholders huge windfalls. but they're greeted with outright selling case in point, pepsico they reported this morning and i saw it and said holy cow, substantially better than expected quarter, and i sure hope everyone hasp pelotons at home to work off those calories. but the stock fell near the opening of trading it was that disliked i had to excoriate the sellers on the street this morning

and it was finally able to rally. i was just like, go buy the stock. thank heavens they did that's the best of them when it comes to the whole package foods group. conagra, consolation, they reported stellar days. we'll have one of them on later on but the market is like the honey badger, it doesn't care. if we're going into recession, i bet pepsico would rally four numbers. corona and modella are flying off the shelves. is do you know that we sold colgate for my charitable trust today? we told members we're take the nice game, because colgate's

mainstays are too recession proof. toothpaste, tope, you use them no matter what i felt terrible selling that such a fine company. i use all their products i talk about this, and if you want to know how this works, i talk about this in confessions of -- this is as good a version as many. when my hedge fund was starting out, i just owned great franchise companies, because there's never going to be some company that will come in and take over their position but you know what? that works through periods of economic doldrums, but the stock fell apart, because the economy was on the mend. that's how these defensive stocks are trading right now you want to stay at home by peloton when in doubt

the market is speaking loud and clear, the recession proof names have gone out of style, because money managers are betting on an expansion, despite what's happening in washington. so what's in style listen, let's be stock whisperers here. let's see what the stock is whispering to us the down and out retailers, the ones that need a boom to thrive, they did well today. they saw macy's step by step moving up. kohl's joined them they ne nike's poor cousin underarmor and gap stores trying to mount the recovery stop of this strength in retail could be the pin action from the amazing performance we saw in bed bath & beyond. but i think that's a mistake to extrapolate that bed bath & beyond is now managed by mark tritton. he's pulled a rabbit out of a

hat here the short sellers had a real bad day. they could have a modella on me. ah, the bar's closed bed bath & beyond sells housewares, doing a lot better than our pal we'll hear from mark about this amazing turn let the short sellers try to knock it down and bring it in. the mall-based foot locker is showing life after spectacular numbers from nike. but a lot of the strength from nike comes from cutting out the middleman, which happens to be foot locker. even nordstrom's was up today. could there be a return to the mall if so, people are less fearful than it seems. they're definitely bored second, you would think that the consumer dependant tech stocks would be held hostage, but they're roaring. remember, there are two pronging the the stay at home thesis, the

lockdown component and the work from home component. people are going out again, unless we get another spike in covid. but that doesn't mean we're taking unnecessary risks remote work is still the order of the day by the way, they were kind of talking about doing a deal with zoom that's just what they did, both stocks third, other signs of life that are positive look at penn national. the former casino company that bought a big piece of bar stool. these moves show that yet younger consumers still have plenty of disposable income to wager on sports and on options the demand for spacs, thanks for mentioning them. many of which are good continues to pace. i tried to cover them all, but

many are either hard to keep track of or hard to understand, because sometimes they're just big piles of money the success of these deals tells you there's a huge appetite for risks, particularly those new to the market as a matter of fact, i wrote a blank check to my painter today. and i was getting nervous about the blank check until my buddy haley showed me, there it is i want to write a blank a check. what the heck. put it all together, and i can understand why so many republican senators are reluctant to spend a fortune on another huge stimulus package. when johnson and johnson is down $2, but olive garden is up $4, and small business empowers etsy is up almost 40 points, it's clear the market is not worried about a slowdown remember, we're in a bizarre

situation here, where big business is booming but small businesses on the ropes. it just doesn't matter to the stock market, because small businesses aren't publicly traded are you going to have eight tables in a business the bottom line, as far as the stock market is concerned, we don't need a stinking stimulus but it's necessarily not true for america. a lot of small operators are going to go under, causing a lot of workers who don't deserve it to lose their jobs unfortunately, deserves got nothing to do with it. russell in new york, russell >> caller: boo-yah, jim. this is russell. i'm a senior at syracuse university first time, long time. how are you today? >> younger people are checking in i love it. how is syracuse? >> caller: great up here i love it. a quick birthday shoutout to my

dad. we always watch the show together >> happy birthday to his dad stay focused what's up? >> caller: my question today revolves around gsk. i saw the news on the ceo mentioning how they will not file for approval on the vaccine until phase three trials are complete wi do you think gsk is a strong longer term investment >> it's funny, there's a big divergence between the company, which is doing quite well, particularly the vaccine business and the stock, which is doing poorly you're young, i want you to take on more risk does that mean you go buy the whatever spac is trading no but let's get a little more aggressive now john in florida, john. >> caller: thank you for taking my call, jim with all the fires on the coast

in florida -- i'm sorry, california, and what's going on in the panhandle and all the flooding, what are your thoughts on travelers >> you know, i was friends with the late ceo, and he told me he would not go in these tough areas. and that always made me feel good about travelers but you know what? i think the insurance business is opportunitied by the fact we have low rates so stay away the market has made up its mind it doesn't need the stinking stimulus that may work for your portfolio. i am partial to america, and americans need it badly. but that's not what this is about. deserve's got nothing to do it "mad money" tonight, how is the at-home eating trend helping conagra? i talked to the ceo. and then it was the summer of shopping for the home and bed bath & beyond is cashing in on the trend. what do you do with those $5 coupons? i throw them away. i'm sitting down with the ceo

after the company posted its first comparable sales growth since 2016 and constellation brands beat estimates but the stock is falling. what the heck? 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-cnbc miss something head to madmoney.cnbc.com. (♪ )

keeping your oysters growing while keeping your business growing has you swamped. (♪ ) you need to hire i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base so you can start hiring right away. claim your seventy-five-dollar credit when you post your first job at indeed.com/promo

the package food companies keep delivering great numbers, and it doesn't matter. this has become a rodney

dangerfield kind of situation, they can't get no respect. perhaps because investors believe the worst is over with the economy. take conagra brands, a huge portfolio of frozen vegetables and new spinoffs in innovations. this morning, they reported 13 cents earnings 50% organic growth much better than the 10.5% wall street was expecting the company gave you strong guidance and put through 29% dividend boost, bringing the field up to 3.1% what happened? nothing. money managers ignored conagra and piled back into steck and sports betting anything that has great economic growth in other words, you're getting the quarter for free i think that's going to matter let's take a closer look with the ceo of conagra welcome back to "mad money."

>> hey, jim, appreciate you having me on >> shawn, i have to tell you, your deck, your conference call, your release all point to the same thing, which is that the conagra way is triumph iing in elevated at-home moment, and therefore it's sustainable or you wouldn't have boosted your dividend to above where it was when it was cut. is that the narrative? >> that's it, jim. we've been laying the ground work for this for the last five years with arguably one of the biggest transformation in all of consumer package goods it's enabling us to seize the moment we had industry leading household penetration games. we are seeing the fruits of our labor for the past several years. >> i want to go to conagra is the leader of driving multiple purchases. you have a slide other than the never do well kraft heinz, you are doing better than anybody

el else i don't think people understand how repeating purchases are important. so walk us through that. >> the healthier brands are strictly tied to the level of advertising spent. advertising plays a role, but we believe it starts with designing and building phenomenal products and packages that are modern and appeal to the consumer then we seek out physical availability, which is distribution, then we invest in advertising. that building what we call mental availability. people know it's there, they see it and want to buy it. we have proven once they buy it, they will love it and come back again and again. it's really a metric around loyalty. we know if we can get the product in the consumer's mouth more often than not, we'll convert that the loyalty >> one of the things i love what you're talking about, that's the micro, the macro, you talk about

the new normal you have in your charts rising office vacancies remote workforce adoption, not going away a fantastic part about at-home lifestyle and entertainment and 172% up peloton, and others all play into your sweet spot, particularly for younger people in what you describe as the frozen single serve. now, all of this is happening so quickly. how do we know it's sustainable? >> well, people are investing in their homes. they were forced into their homes, but they decided hey, if i'm going to spend this much time here, i'm going to create the environment i want and cultivate these stills i can use again and again. so they've made an investment into their homes, upgraded kitchens, pots and pans, things like that, they're going to seek a return on that investment. we're expecting them to continue

to have elevated eating at home. it's a far better value to do that you put it all together, i think it bodes well for conagra brands, particularly because our portfolio is to lunch and dinner, which are the two day part where is we see the most elevated consuch shup. >> you've introduced a huge number of products how do you know which ones work and which ones don't because it costs money to introduce new products i know you're doing a lot of this on the web. but the multitude of new products, how do you keep track of what you're doing >> our hit rate on new products is never going to be perfect, but our hit rate is better than most we look at a renewal rate, the percentage of annual sales that comes from items launched in the past three years we have among best in place renewal rates. that's a proxy for how well the innovation is working. it's not a surprise to me, because we spend so much time trying to track and understand

consumer desoires we have a pretty good track record on innovation, and an important part is it builds credibility with our customers that come to us first and ask for our innovation, even in the pandemic, when a lot of companies said they were dialing back innovation, our customers said we'll take anything you can offer us so we're very disciplined in terms of launching things that have the best chance of succeeding and our track record has been strong. >> one area that i think a lot of our viewers that are interested in is the eco conscience consumption you have a bead on what the younger demographic wants, including plant based. how is that doing? >> we have a fantastic team here that works on sustainability we've been at it for a while, but we continue to invest in new innovations. one area that is one of our primary focuses is packaging, because waste inplastic packaging has become a real issue in recent years. earlier this year, we made a pledge to convert all of our

current plastic packaging into new packaging that is renewable, recyclable or compostable by 2025 one of the innovations we have is our plant-based fiber bowls that we started with healthy choice power bowls that's gone so well with millennials, we have invested to create more capacity on those bowls and extending it into our new hungry man double meat bowls, as well as our ramen bowls. >> the analysts seem to have forgotten what people like to watch our show they don't focus on the dividend boost. they've got some question, but they're trying to build their models i know you as a person you would have never raised that this much if you weren't trying to show people this is not a one to quarter phenomena, correct? >> absolutely, jim it's a sign of the confidence we have in the business we are achieving a level household penetration right now that we didn't expect to

achieve, and now we've got the proof point that says these new tri triers are coming back and buying again and again we believe that will lead to market share for our portfolio over time. our cash flows were so strong, we got ahead on our deleveraging and were in a position to take a 29% increase in our dividend and i think our shareholder also be happy about that. what is a great quarter, great year thank you so much. sean conley, doing everything you said you would do. this man delivers. you don't know how hard it is to deliver when you're faced with a pandemic i like the stock "mad money" is back after the break. so you're a small business,

or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. apps except work.rywhere... why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have.

or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit paycom.com when it comes to the quality of our cars: the highest. it's why only 1 in 10 cars we look at qualify to sell on our site. if it's been in a reported accident, we won't sell it. and at our state-of-the-art facilities our ase certified mechanics roll up their sleeves and get to it. inspecting, dialing-in, and fine tuning every single car inside and out, bringing all of it up to our high standards. by the time we're done, our cars are beyond "certified." they're carvana certified. so whether you have it delivered or pick it up, we do it all so you can rest easy.

bed bath & beyond is back in business ever since mark tritton took over the ceo last year, i've been predicting a fabulous turn around story even i didn't expect the results he delivered this morning. i thought it was a mistake i called my friend who was instrumental in this term and said i don't believe it. it was right turns out the pandemic was exactly what bed bath & beyond needed it forced them to build out their business with buy online, pick up in store options and curb side pickup and caused a massive bull market in home goods. but geez, this stock has pulled more than $3 and change from the march lows to $15 last night and today rallied another 25%. soaring to its highest level in more than two years. i don't think it's done. bed bath earned 50 cements per chair when wall street was looking for a loss those are some amazing stories they make it clear that turn

around is at hand. today's move triggered a massive short squeeze, too let's check in with mark tritton, the ceo of bed bath & beyond to get a better read on the quarter. welcome to "mad money. >> hey, jim, how are you >> thank you for coming on i know you came from target, you're a straight shooter. i know my friend told me and my wife and said he's going to bring in someone and they're going to turn around bed bath & beyond she laughed. i thought it couldn't happen how did you do it so fast? >> we're still a work in progress great recovery and transformation but i think this quarter really set aside evidence that we have a strong team, we've got a strong category and strong performance. we're really excited to share even more on october 28th. our blueprint for the next three years for our growth and recovery >> give us a little snap shop. i'm understanding that you got 2

million new customers, and they are younger than the previous base >> yeah, they're about six years younger. you know, the new customers coming on board, which is great news for us as we expand our customer profile the key was our omni always strategy when we talk about that, we talk about understanding our customer, how they shop today. this was precovid. but even more important inside that covid environment, we know that 80% of our customers are sharp online, and the purchase there will go to store we had a broken paradigm we had a fantastic digital business, we did $1.8 billion last year. we beat that by this time this year we're large but growing, and we doubled down on that digital aspect but we weren't easy or convenient life's tough at the moment and you want to make it simple and easy and frictionless for our customer we looked at our website, and

our ability to leverage our store assets and connect those into an omni environment and it's worked out. to really facilitate ease and frictionness shopping. >> i'm glad you mentioned this one, it did seem you made it so the stores are a positive, not a negative, and then second, the bears were telling me, he's getting crushed on this. when i went through it, it seemed like the margins are better >> absolutely they're better we know that if we have same-day, our margin is equivalent to for us, we're driving behavior, driving engagement and driving those three assets that's helping to leverage out our gross margin as we expand our digital business the stores are a key to this profitability. >> one thing that shocked me and

a lot of people going out to buy the stock, your balance sheet. the value should have gone up 45% literally, just from going from net debt to net cash change am i reading it wrong? >> no. you're reading it right. we really worked on every thing. we doubled down on our liquidity. we took out the adl earlier in the quarter, because through the uncertainty, we wanted to create the assurance of liquidity in our business no matter what. what we found is we were in cash generation mode, and this kind of profitable sales of digital, we were able to develop some strong profit dollars and reinvest that back in through ongoing liquidity. >> when toys "r" us went under, they didn't know how to execute. they seemed like nice people, but the previous group couldn't

execute. it's like 10% of your sales, i don't know, this could be worth a billion bucks. >> we're definitely doubling down on bye-bye baby it's a great business. i worked on in my target days the decomposition of the babies "r" us business. it really didn't have its act together, and i see huge runway for this business. a great team in there. we're going to double down, and people are still parenting they need product and support. so we'll be a major part of that business >> is your company still going to be a shared donor or do they have to recognize you're not going to give up or cede any share? >> during the covid period, definitely now with our back-to-college efforts, which is returning to really clear value, clear communication,

rocking an aligned digital and physical omni experience, some we have maintained and some we have lost. that was mostly about availability we see now that we're focused on the third and fourth quarter we're coming for everybody >> so he showed me that bed bath & beyond had something like 20 different kinds of hangers, and 10 different kinds of trash cans and my wife, lisa, said that's bed bath you go in there, you get lost in the hangers. how quickly can you fix that situation? >> yeah. look, i read that report back in the day, and what i found throughout the business, whether it's merchandising or any part of the business, there wasn't just low-hanging fruit, there was fruit on the ground to be picked up, and we need a ladder to get to the tall fruit our new chief merchandising

officer has doubled down efforts and focus on the runway we'll have in 2021 for the introduction of more own brands and a hyper focus on assortment. back in the day, that volume authority really worked. i think the customers change so we're going to reach that authority through focus and strength in key categories >> you used two words at the end of your conference call, you said you were agile and flexible are people ready for annagible and flexible bed bath & beyond >> i think we are more than ready. as we've been showing it, the customer has been showing up, as well with you q2, what's really fun about that, the agility was showed to react to different customers. even through the tenseness of the covid moment has built a

blueprint of how we're going to move ahead >> and your partnership to have same-day and next-day quick delivery, how is that working? >> yeah, we've just launched it. we're seeing day by day use of that same day i think is the same deal so we're -- our customers are quickly adopting as we go into the all-important fourth quarter, customers are going to be nervous about ensuring they get their goods, early and they want to have safety, security and they'll receive those things i think same-day really help to make it easy and an enjoyable holiday season ize >> i'm going to give you an open invitation to come on this show. i live a mile from the original store, and it is something i love what you're doing mark tritton, president and bed

for coming on. understand how wrong people have been about this, and then go to the store. "mad money" is back after this as business moves forward, we're all changing the way things get done. like how we redefine collaboration... how we come up with new ways to serve our customers... and deliver our products. but no matter how things change, one thing never will...

you can rely on the people and the network of at&t... to help keep your business connected.

this morning, we got a terrific quarter from constellation brands, the beer, wine, and i wiliquor and the ma barely noticed the ceo explained the loss of the bar business would be offset by consumer sales. the stock is up 40%. still hasn't regained its prepandemic highs, though. i think there's a lot of unjustified skepticism they reported a top and bottom line beat with strength in beer and spirits. but the futcher is a little uncertain, don't you think the stock got hit. we know the business is in great shape. let's dig deeper with the president and ceo of constellation brands

welcome back to "mad money." >> thanks, jim good to be here. >> bill, i don't think people understand the complexity of what you accomplished this quarter. bars, it's hard to find one. it didn't affect your sales. mexico, some problems that i think are going to be solved didn't affect your sales not a lot of sports to advertise. didn't affect your sales what did affect your sales is people's love for your modella, coors, corona, and for your peop premiumization just tell us how it happened >> we were quite pleased with the quarter. as you know in mexico, we had a reduced production for a window of time because of covid, and that hit during this particular quarter for our beer business. at the same time, in the last four weeks, we gained share, and

our modello brand returned to its double digit growth profile. when you throw in our wine business, particularly at the high end has performed well, we were quite pleased with this, and we're excited about what's going to come for the rest of our fiscal year. >> let's talk about corona hard sa selzer is this not one of those situations where you can come in and crush it, particularly because hard selzer -- and i was on a panel last week, the fastest grow iing -- isn't this precisely the demo that you need to sell into >> it is and we're overindexing already with the hispanic consumer with our conroar conrhona hard selzer

we have the second fastest velocity in the category it's been a strong start and we only have one skou at this point. so the opportunity in front of us is pre, and we'll be ready to take it on we'll more than double capacity next year. >> there were a lot of people that felt you had taken down too much debt. the deleveraging is remarkable how soon will it be before you buy all the constellation you want on the open market. i know you think the stock is too low here >> for sure it is. the fact that we did so well in this quarterer, we'll be in a position ahead of when we expected to be there, which will open up tremendous opportunities for us to either by back stock or make other investments in our

business our business is performing very well, and we're pleased with it. >> let's talk about cannabis and what you guys are doing. when i first met you, you were talking about the synergies with canopy, and talking about beverages that you think could be launched within say 2021, 2022 how is that going? >> it's been going great in canada, canopy has sold 1.7 million kansas since march let's put some perspective around that. all of last year in the united states, there were only 4 million cans sold throughout the united states. so when you think about what canopy has done in canada alone, the upside is going to be tremendous these are excellent tasting beverages. >> also, the other thing that you talked about last time, i have reviewed every company that comes on the show what they're doing, what they're doing particularly for the my forty and african-american communities, and i spoke with

senator elizabeth warren yesterday about you. she did not know about the kind of thing that business can do versus government. how is the decision to commit $100 million to invest to support instagram and minority owned start-ups in the beverage world? >> it's gone very well we've had a lot of interest and we're evaluating a number of investment opportunities as we speak. as you know, a couple of years ago, we did a similar thing for businesses that were run by women and today our venture portfolio is over half in companies that are run or owned by women we think we can do the same thing, and the african-american and minority owned businesses going forward. we're excited about the opportunity, and it's a sector that has not gotten the right amount of capital over time. we think we can help change that >> i told senator warren that your view was that it wasn't just because yeah, you have a big heart or any of that, but because it's great business,

particularly in the hispanic community and the african-american community, where they've been ignored and they have spending power people must think they don't do anything >> that's right. and we were a big believer and we have to reflect the communities we seven and investing in those communities is an important part of not only giving back, but engaging with the consumers that are critical to our franchises >> the last thing i want to talk about is the notion of who is the number three beer. i think if you asked america, they would say i don't know, coors. but they would -- there were like 40 different beers when i was growing up how did you get to be number three and do you think you can ever become number two >> we think we can modello has a tremendous following in the hispanic community but it's started to develop in the nonhispanic community in the last two to three years. our ceo has started to invest

and advertise against the nonhispanic population, and it's going great. tremendous upside with that population i agree, i'm sure most people wouldn't realize that modella is the number three beer in the united states and it's grown for 35 consecutive years as a brand family, and as you know, it's on fire >> it's hard to get. i always love it b bill newman, great quarter, sir. >> good to see you they did this without bars, people 50% of the business is from the bars down. and it didn't matter great quarter. "mad money" is back after the break. in some ways, things are kind of the same.

in other ways, well... any questions? the good news is... we've learned, we can do this. turns out when we're hitting our goals, nobody cares if we're wearing pants. we just need the right tools. so our team, stays a team. so no matter what comes next we can work better do better this is going to work.

it is time it's time for the lightning round. [ indiscernible and then the lightning round is over are you ready, skedaddy. time for the lightning round let's start with michael in illinois, michael. >> caller: yeah, how are you doing, jim, boo-yah? >> boo-yah, michael, what's happening? >> caller: all we need to know is what to do with roku? >> anthony wood came on the show about 150 points ago and told a story how they got ads and subscriptions. i like both businesses, so i like roku. mark in florida, mark. >> caller: hi, jim i don't know where you get your great energy, but if you ever decide to sell it, i want in on the ipo. >> i do an energy spac what's up? >> caller: i'm looking for your

insight on the luxury products i bought tapestry and it seems to be stagnating >> it went up today. a lot of the not so great ones are moving up. and tapestry is okay i like the album more than the stores brandon in florida, brandon. >> caller: hey, jim, big boo-yah from tampa, florida. >> hey, i'll see you at the super bowl, my friend. >> caller: i wanted to ask about a stock -- >> is scotty going to give me any points this weekend? what's up? >> caller: stock, xte. >> come on, man, ali baba. just buy that one. if you don't like that, buy j.d. but we want to upscale christina in illinois, christina. >> caller: hi, jim, how are you? >> dynamite.

>> caller: so my question that i'm calling in about, i'm sure you're familiar with it, is vno. i purchased 10,000 chairs of it at $37.98, and credit closed at $34.65 >> right there's nobody smarter than steve roth the guy runs simon properties gives him a run for his money. at the same time, it's not a good business. it's a real estate investment trust. i think that you're in the best of a bad neighborhood. and that is the problem. you are in -- >> the house of pain >> but yeah, the least part of the pain i like the bidding >> the house of pleasure >> come on let's go to bill in pennsylvania, bill >> caller: chill man

i know you love nvidia, but i got into applied materials is that a long-term play >> oh, yeah. gary dickerson, will you come back on the show come on. i like that company. i do like lamb research a little more, but that's okay. let's go to asher in new york, asher. >> caller: hi, jim i would like to know your opinion on piedmont lithium, it pumped to nose bleed levels a few days ago with the market expected to produce about 30 plus million cars within six years, is this company positioned well? >> this is a great long-term spec, okay so if i say that and somebody who is 7 and goes into robin hood and buys a lot of calls on it, that person is going to lose money. the 6-year-old is going to clean

up instead of you 7-year-olds. and that's my view on that stock. and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade ♪ ♪ ♪ ♪ ♪ ♪

♪ ♪ i got it all from you ♪ i'm always pushing through

♪ i know we'll make it to the finish line ♪ ♪ i know you're waiting on the other side ♪ ♪ i'm like you on-demand glucose monitoring. because they're always on. another life-changing technology from abbott. so you don't wait for life. you live it.

we can't afford to wait for a vaccine. we got some brilliant minds working on the problem, but the process can only go so fast. you need to get people from every imaginable demographic to sign up. i just got turned down for a vaccine trial because i took a steroid shot to ease the pain from a partially turn rotator cuff what does that have to do with covid? go figure. but you need people to take stupid risks, like hitting up restaurants in florida or bars in new york. otherwise, you can't know the vaccine works and that's a tough seller in the meantime, we have to take what we can get. we can do the social distancing, fine outside, not so much

inside we're going have to mothball my joint until there's a vaccine, because no independent restaurant can raise prices up enough we can do masks, but everyone has to wear them my personal doctor did a great piece for cbs where he interviewed two professors who say masks can stop the spread. so you can see how we're doing by going to xprice.org slash mask where hundreds of kids sent entries. mark and i are proud we also have testing right now the standard is to think the chain reaction test, where they take a swab up your nose and run it through these big machines you can get your results back in as little as a few hours or a

week but a week is a long time. you might be sick for days without knowing it and you're going the spread the virus to the rest of us. look at the nfl. players were tested saturday and then showed up positive on sunday, causing game cancellations. a few hours matter not many labs can get them done that quickly so it's a new pcr test that is handheld and single use. so if the titans had 53 of these at $200 a pop, they could test all at once, get the results in half an hour, and avoid another game-day cancellation. you have to test that morning. they come in, you have 53 of them lined up, they can test at once, get in half hour, and anybody who has covid or tests positive can get out this test just got an emergency

use authorization from the fda i think this could be the most powerful weapon yet in the fight against covid. yeah, it's real. then there are the inexpensive instant tests i'm talking about like the abbott labs test you can take at your pharmacy. results coming up 15 minutes later for $5 they're not as accurate but they're fast and come up with an app that could be used as a certificate of good health to get you into all sorts of events that might not be safe great is the enemy of good and you won't be able to do as good as the pcr none of these things seems like a game changer at all, right but taken together, social distancing, masking, the instant test, the pcr, the quick pcr i think we have everything we need to get back to something close to normal, at least in theory will we use these tools to contain covid? that's another question. it will require real leadership from the private sek on the and every level of government, so

don'tho hold your breath but man, we have the technology to beat this thing, but we have to use it. i like to say there's always a bull market somewhere and i promise to find it for you here on "mad money. i'm jim cramer i will see you tomorrow. "the news with shepard smith" starts now i'm shepard smith on cnbc. this is the news the needs of the american people are so great. >> reality sets in, businesses closing, jobs lost, money running out, everybody suffering, and in d.c., perilized by politics. >> set the political games aside. help us. destruction and devastation. we're on the ground with the beam suffering while swaths of california burn. covid-19 hits the nfl. another player