Welcome to the twilight of the index funds. I think thats the great untold torrey er t story. For years, lots of very smart people told us that index funds were the best, if not the only way to invest. Instead of trying to beat the market, they argue that you should just buy a cheap indecision fund that mirrors the s p 500. But sometimes trying to mirror the market is a bad strategy take the s p 500 you have to own so many havenots along with the haves during this pandemic its changed everything. That at best now, with the coronavirus, youre betting on mediocrity why would you want exposure to troubled Industries Like retail, oil and gas . I know the index fund orthodoxy will never truly be defeated because theres a kernel of truth in it. But man, in this environment, where you cant go out and spend money without fear, even if you just got a 1200 check from the government, youdont have to b a genius to know that the cruise lines are untouchable. But what about the winners, though, what is worth owning in this economy not a lot of the s p, but we know which one let me give you my stay at home buy list, all right . First, theres nothing to do doesnt every day feel like tuesday to you in this environment, you want as much entertainment as you can get. Theres no sports, but there is netflix. Tiger king, something that kay up in the president s press conference if the pandemic doesnt calm, they may have trouble making new content. But right now the momentum is here then theres the video games activision and blizzard has some hot titles take two interaction, they missed the last quarter. The ceo committed to make sure that didnt happen again i like that. No nba playoffs . How about nba 2k playoffs . And grand theft audio, they just signed a deal to make some nonsimulation games, even though i have no idea what that is im getting more worried there might not be a season. These new games require powerful hardware, nvidia makes the best graphics and the Chinese Government may be able to bless nvidias acquisition of malanox, and by the way, it will move their stock, the numbers will go way up and amd just brought ut some new processors i think that they both are up. Amd is a horse next up, i wouldnt be doing any job if i didnt mention amazon this is the ultimate shelter in place stock. Every time something forces stores to close, amazon picks up new customers. And covid19, the storm of the century. Donny deuts amazon is so darn convenn yenlt. You put your saving cream, even yo toothpaste on auto delivery and never have to think about it again. I love it. And the retailers are still blocking to them even though they compete thats right, they compete with each other what else . People order a lot of delivery but are not keen on restaurants because they want contact list delivery thats dominos they figured that out in china i bet they take this opportunity to wipe out many of the mom and pop competitors. I know its disappointing if you like variety in pizza, but i like their tomato pie with banana peppers the numbers for consolation brands were extraordinary. There are some worries about mexico making beer, and dont forget what day is coming up, cinco de mayo. Added bonus, if you think the november election also be a democratic sweep, youre going to bet theyre going to legalize marijuana, also known as cannabis consolation owns a lot of cannabis where will people spend their 1200 checks Dollar General, walmart, costco. Some of the retailers that work here because they carry all the essentials and their prices are low. People are stocking up with food and snacks we got some retail data that shows that Campbell Soup is doing fabulously we recently heard from conag. They are killing it in frozen foods and i should mention hormel had a good quarter. I cook with mccormick stuff because i dont know how to cook, but i know how to put it on how about the home Office Equation i know they have taken some security hits. The platform has become indispensable. I cant wait until sunday, because sunday noon is our boozy brunch enabled by zoom now, i was viciously overserved last sunday, even though im living alone roku is the best platform to watch all of your streaming services we need them now more than ever. They were created for this ever. And lets look at whats working outside. Tell la. Tesla big winner the ev space. Tesla is a rare winner a sea of losers its the auto stock thats safe to own here. If you are starved for income, look to the companies that just boosted payouts. We saw some nice boosts from proctor and gamble costco, more on those later. Next up, china is making a comeback, and you know what . Ali baba, its a must buy. Chinese amazon doing incredibly well here. And the stock refuses to quit. China is open for business but people are still wary, so theyre going to ali baba. I hope they stop going to wet markets. Its the only chinese stock im recommending there are a bunch of other names, too i like chewy, the pet food online same thing with peloton, although my wife still has the clothes still hanging on it. She moved out to the hamptons a long time ago. And the Cybersecurity Companies have become a lot more company in a world where people are working from the less secure computers at home as we know from the zoom bombing. Heres three i like. Acta, zscale, a favorite of heather gaines, who is in the control room tonight, and crowd strike maybe ill put an acronym together maybe go to jim cramer on twitter and make up not an akry anymore like f. A. N. G. And everybody stole, but i promise to have it by monday because i got a lot of time to kill because theres nothing to do. Bottom line, rule number one, stick with the winners and leave the raggedy rest to the others kim in missouri. Caller boo fryah from the w me state im in a 40 losing and wont be back to even should i tell my position no, no, no listen, ill be candid and truthful fedex is not as got as United Parcel theres a person who runs United Parcel, and she is a genius. So i would say sell fedex and bayou nited parcel chris in florida, chris. Caller hey, jim, booyah whats up caller i have a question on shake shaft. What are your thoughts on them in the future, how theyre doing frozen cook at home burgers, do you think theyll come out on top . No, no. And the last quarter, they sales werent good food is really hard right now. I like dominos, and wing stop and i have to bet longterm on mcdonalds because of that Balance Sheet. Remember, restaurants, whoa. Lets stay away. Lets go to alex in florida. Alex caller hey, jim, how are you . I have a question about i purchased the stock at 11 and its just about 16. Do you think the stock has a i didnt like the last quarter. At 15, i dont know, if it goes to 17 im watching slack bounce tonight. I think youre going the have to move, because its not a i dont want to say its covid stock, that sounds its just not something that is the right thing in a pandemic. All right . Its the new world i need you to stick to the stocks that are doing the things that work during a period of a pandemic because its very different from the rest of the s p 500. On mad money tonight, historic oil cuts and oil keeps going down, down, down, im going to talk to the ceo of Parsley Energy then in this horrible new world where we have to worry about dividends, some are raising theirs im telling you which to consider and as the coronavirus is pushing auto dealers to brace for online sales, is it worth considering a company like carvana . Ive got the ceo so stick with cramer announcer dont 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 1800743cnbc miss something, head to madmoney. Cnbc. Com. At t has connected us every day for over 100 years. And were here for you especially now, doing Everything Possible to keep you connected. Through the resilience of our network and people. We can keep learning, keep sharing, keep watching, and most of all, keep together. Its the job weve always done. It is the job we will always do. [female vo] restaurants are facing a crisis. And theyre counting on your takeout and delivery orders to make it through. Grubhub. Together we can help save the restaurants we love. Shbecause xfinity mobilehen ygives you more flexible data. You can choose to share data between lines, mix with unlimited, or switch it up at any time. All on the most reliable wireless network. Which means you can save money without compromising on coverage. Get more flexible data, the most reliable network, and more savings. Plus, get 200 off when you buy an eligible phone. Thats simple, easy, awesome. Go to xfinitymobile. Com today. The price of oil stays here, down 20, you know whats going to happen . Were going ining lose a lot o jobs opec and russia agreed to cut production but it did nothing. Theres just too much oil demand the ceo of Parsley Energy, one of the most forward thinking players in the industry, has a creative idea. He wants the Texas Commission to impose statewide production cuts you might say thats the end of enterprise, but why should the opec nations be the only oil cartel i think it might be worth doing. Dont take it from me. Lets hear from the ceo of Parsley Energy and find out where this might be the way to go forward here. Mr. Gallagher, welcome back to mad money. Jim, great to be back thank you for having me. Great to be on mad money. Thank you, matt curbing production at a time when there is a massive oversupply in the oil markets, that could only help how could that hurt . Thats right, jim we need Solutions Across the globe. We saw opec take a stab at it. 9. 7 barrels a day. They were of course in a price war and turned around and have cut production 9. 7 Million Barrels. But its not enough. In this global pandemic, we have demand down close to 30 Million Barrels a day. Thats the largest demand shock this industry has ever seen. We need to pitch in everywhere we can operators need to pitch in were doing our part at the parsley level. We have cut 66 . We need to see those broad announcements across the board youre seeing 50 announced across the board to date if texas were a country, it would be the Third Largest producing country on the planet. You need to start with texas the Railroad Commission did a great job hosting a tenhour long tearing to hear both sides of the argument, and taking the lead for the country yesterday now, lets just understand, not every oil company is in favor of this. You want to prorate exxon came out against you and other producers, too sure. Through the course of ten hours of testimony you heard a lot about both sides everybody agrees they want a healthy, Domestic Energy industry on the other side of this my stance is if we dont do something quickly in the face of a pandemic, you are going to cripple this domestic industry on the other side. Not just the operators theres only six operators by the way that can produce enough production from the currently producing wells to pay off their debt in the next without any additional were one of those six. This isnt about us. 360,000 jobs just in the state of texas, close to a million jobs across the country supported in the oil and gas sector and the Service Sector if those companies are shut down for two, three months, they will not come back. And we will be reliant on domestic imports again like we were bf the last decade. So its about the jobs and the sooner that stateks put a volume out there, that they would be p p prorating too, the quicker balance will get back on track and we can bring the industry back online. Why doesnt the president just write checks to everybody not to produce thats one thing that the industry has also been aligned on we like to do what we can ourselves first. We are not part of the recent stimulus package, just over 2 trillion of stimulus we did not get 3 billion of support for the spr. You are seeing some ideas floated out there. I do think we need to really constructively look at all ideas. The best storage tank on the planet is the one Mother Nature built millions of years ago, and those are the reservoirs so we can keep it in the ground and support payments, its been done in the agriculture industry for decades. So just now hearing about it, to be part of the solution that we do need to look at in the end, when you consider the job loss, and more importantly the National Security that you guys give us, it seems like its a very cheap price to pay versus building, i dont know, ten aircraft carriers, ten submarines pay off people in the middle east it is the most natural way to give what would have been foreign aid to american aid. Thats right. Not to mention risking our sons and daughters lives you saw the president ask the question at his white house meeting, we spent 7 trillion in the middle east and what for and here we have the Domestic Energy renaissance providing north of 13 Million Barrels a day, of course thats going on decline now. We have to match demand. But we need a strong industry that thrives it is important to point out you had generated free cash low in the second half of 2019 you are not some person who is looking for a bailout. No. That couldnt be further from the truth. We want to adhere to all the contracts, all our partnerships that we have in the ten hours of testimony, people questioned our intent, and others intent to this we have a total of probably 26 million of new contracts and 5 million of deficiency payments on contract pipes that we would be willingly paying throughout the rest of the year we are not fighting this for a 30 million charge we are fighting this for the strength of the american oil and gas sector last question, are you finding people who have come forward and said they want to cut the way you did the last time you were on our show . It was a bigger piece of the discussion yesterday i do think there are two separate topics, but these are things that work together. If you cut the oil production, youre going to cut the associated gas production. I think if they the commissioners constructively look at not allowing flaring, youre going to moderate the production even more so i think its a great time to get in front and do some good things for the environment at the same time, realigning the supply demand imbalance. I welcome any oil company that disagrees to come on air. I think what he says is filled with common sense. Thats matt gallagher. Thank you, sir if you want to own a oil company, parsley is one of the ones that you can own, because its conservative,9 increases dividends, its got real smart management mad money is back after the break. We cannot do all the good that the world needs. But right now, the world needs all the good that we can do. To everyone working to keep america strong, thank you. But when allergies attack,f any the excitement fades. Allegra helps you say yes with the fastest nondrowsy allergy relief and turning a half hearted yes, into an all in yes. Allegra. Live your life, not your allergies. If the rude awakens of todays hid use retail sales, we need to talk about safe haifens. This market is likely to remain su turbulent. What gives you safety in a volatile environment i tell what does dividends. With a few exceptions, dividend also have to be cut because of the pandemic, and which ones are safe so what are the exceptions theyre the companies that just raised their dividends if you up your dividend, thats positive, right . If managers are confident enough to boost their payout, you dont raise your dividend one quarter and cut it the next. Lets take johnson and johnson i spoke lovingly about it this afternoon. Yesterday morning, they reported a 6 dividend hike just the most obvious stock to buy during a recession but this pandemic is incredible. Its even causing a slowdown with pharma. A slowdown like any other. People were worried about johnsons medical device business because its in the areas of lockdown. Theyre being delayed, because this is the worst possible time to be in the hospital recuperating but they posted a monster double digit growth, more than offsetting the medical device weaknesses sales were blowout of course, it wasnt perfect imagine you had to cut the fouryear forecast, but the stock till soared nearly 5 yesterday. Normally money managershate it when they slash guidance, but most companies so far, they have simply withdrawn their moeshgs, becau their forecast because of the pandemic j and j told you they expect to earn 7. 50 to 7. 90 per share. It gives us something we crave, it gave us certainty they think they can quantify the damage of their business from covid19 the consumer and pharma divisions should keep doing fine as for the medical device business, it will stabilize in the Third Quarter and increase in the fourth quarter. Makes sense. Theres only so long you can put off getting a new hip. And theyre working on a new covid19 vaccine why believe management i think we know their confidence is real, because they wouldnt have put through that 6 dividend boost this is the kind of thing we used to take for grant it. 6 , okay not anymore. In a post coronavirus world, where so Many Companies are cutting or suspending payouts, they were a sign of strength it means you can rely on that stocks 2. 7 yield i know, 2. 7 may not sound like much, but triple Balance Sheet, i prefer their Balance Sheet to the federal government and proctor and gamble announced the same thing, a 6 dividend. J and j announced a dividend boost before they gave you the earnings proctor and gamble had already seen its stocks surge to 121 yesterday, thanks to the good news of the dividend and eked out a small gain, too at these levels, again, the yield is much better than treasuries trusted brands proctor makes old spice. I use old spice because my grandfather used it. Febreeze, mr. Clean, gillette, bounty, charmin. And many other beloved brands. These businesses are immune to a slowing economy or theyre actually benefitting from the coronavirus outbreak think about all the consumer toilet papers and paper towels thats more than enough to offset the Beauty Brands producter w proctor moved up the date of their earnings and its coming on friday. Im not sure what that means, but people dont usually bring up the earnings to have an opportunity to share was news. Dividend hikes are a sign of strength we care about these hiking, because they separate the wheat from the chaff companies are not going to raise the payout when they need to conserve think of the salt goodman guarantee, as in its all good, man. If you havent watched better call saul, i love that line who else belongs to this first, theres the best of the lo gestics field think of them as an e commerce facilitator, because thats what the warehouses do. The company put through a 9 dividend boost, which sent stock up since then, the stock has rebounded back to 86 and change we spoke to the ceo just a little overa week ago. He told such a compelling story. Think of it as an amazon with a dividend well, its got other stuff but you know what i mean it turns out theyve seen strong leasing activity over six weeks. In a world where e commerce has become the only safe way to shop, this is how you do it. I dont know about you, but it dominates by little area of the sink its called colgate palm olive colgate raised the dividend up a penny. Not much, but its a sign of confidence as the stock got hammered, we started buying for the chair tbl trust. I like the 2. 4 yield. I liked it even more in the weakness how about another one we have been a fan of called american tower. Major cell phone tower, put through a 7 dividend boost on march 13th whi you have to respect the confidence amt shows at these levels, it has a 1. 75 yield, but the business should be unionized against the recession. Finally, do not forget, this is the one that im kicking myself. I got all tangled up in dollar tree its Dollar General, this is the best run dollar chain store in the country. A 12. 5 dividend boost talk about confidence. Now, i wouldnt recommend this as a dividend stock, but Dollar General with thrive in a tough environment, especially when the government specheck is in the ml and just this evening, uber, cramer faif costco raised the dividend by 7. 7 if you want to know which companies can weather the coronavirus storm, look for the ones that are boosting their dividends. The most obvious ones are j and j and proctor and gamble but think about these others you know what . I buy these two especially right here greg in tennessee, greg. Hi, jim ive got a big hill billy yy booyah for you, my friend whats going on caller squawk, halftime, and had are mustsee tv and im a big fan of the week that was oh, thank you weve got to get back in that game at halftime where i saw my buddy in the hall today. We do all this physical distancing he and i have to stay 100 yards apart. Because hes a redskins fan and im an eagles fap. Caller if i remember right, you liked proctor and gamble and i have proctor im sorry, Kimberly Clark is a main position in the sleepwell stock. They make cottonell and huggies and all this home stuff. And its got a good yield. And i wanted to know if you had any luck call me a huge fan. They havent been on the show lately, thats hurt my feelings, but i can accept it. Its down 2. 40. That says to me, buy buy buy buy buy buy. James in kansas, were going to kansas again james . Caller hi, jim thanks for taking my call. Of course caller with all the speculation that many energy Sector Companies will not survive this downturn, do you believe Occidental Petroleum will survive i saw that they issued stock to dividend to warren buffett. Not in this form, i dont think they will survive, no. Im jimmy chill now. Im just going to say their recrennel acquisition was ill advised. If you want to know what companies are weathering the storm, look at the companies raising dividending. U. S. Auto sales are expected to crater 80 this month compared with expectations before the pandemic what does that mean for carvana . Ive got the ceo and covid19 isnt invisible ill tell you which stocks you should consider once we make it to the other side. And rapid fire in tonights edition of the lightning round. So stay with j and j and proctor and stay with cramer you understand the scale of the damage of the lockdown what we need to hear from companies that are right in the blast zone, Companies Like carvana. These guys were using the web to disrupt the used car business. They let you buy a car online, free delivery with a sevenday return policy. When the virus hit, stock plummeted from 115 to 22 investors sold first and asked questions later. Since then, carvana has come roaring back, because the Company Raised capital via a secondary offering and rolled out a new program. Some investors will hear the bright side. Carvana is the safest way to buy a car right now. And maybe it will make us less willing to rely on Public Transportation its easy to get the virus and Public Transportation in your own car. Thats maybe why the stock is back up over 71, even after it got hammered today so lets check in with the ceo of carvana mr. Garcia, welcome back to mad money. Hey, mr. Cramer, thanks for having me. Ernie, the Commerce Department gave some numbers today, talking about spending on cars and car parts fell by 25 in march the st. Louis fed is talking about dramatic declines from by auto dealers. How are you guys holding up . This has been a tough situation on everyone. This came on incredibly fast, and as people went in and started worrying about their health and locked down, volume slowed down a lot. So across the industry, depending on the numbers you look at, i think in the second half of march, Many Companies were down up to 85 . Companies that were selling cars weve held up significantly better than that, but theres no doubt this has had a big impact across our industry and other industries, as well. How about the discounts tha youre giving right now, because its a pretty substantial leap of faith to give people credit when we see from wells fargo, et al, that credit is hard to come by and not everybody is paying back no doubt about that we just started rolling out a promotion that allows customers to take up to 90 days to make the first payment. Many people are going through a difficult financial time and try to have an offering that works in this difficult moment at the same time, we have to worry about credit as you pointed out. The good news there is credit is the toughest when you head into a difficult time once youre in a difficult time and weve seen 16 million layoffs, which is a horrible number, those that have a job today are stronger than months before so were making those offers to customers today. We feel confident about those offers do you think the checks, the 1200 check, could help carvana . I think it could. I hope it helps all the people out there going through a difficult time this just came on so quick and strong, people are worried about their Financial Health this money is going to help people bridge through this difficult time i do think in jgeneral, when people get big sums of money from the government, that generally does drive some large ticket purchases so i think there is a chance that will be a positive for us let me tell you a story, maybe you can help me here im about to tell you a story, but the conclusion, is i want to know how you really can get profitable somebody i know tried it, they brought the car to her, and she says the cars too big, i dont want it. And you said okay, and they took it back. And im like, holy cow they took it back. I couldnt believe it. But then i said, oh, i feel bad. He just got beat by lisa what do you do its such a good service well, please tell lisa she owes us a couple hundred bucks for that pickup. Thats part of the offering, we have to make the car is very easy to return it. That cost is very low, compared to the cost of running a dealership or having all the people that go through the transaction. So all we ask is that she tells that story, it was that easy and we think that will work out. But they found where we lived and dropped the car there. Maybe this is the way of the future because we were like, wow, they really did it. Yeah. I think what our business is about is building an interface with a customer can buy a car on their own, saving all the money that comes along that and passing those savings along. And then building a different supply chain that enables us to drop the car off at your door. When a customer is buying something that costs 20,000, we need to make sure they have the opportunity to return it back to us if it doesnt fit their life. Thats all built into the math i did feel like that, wow, arent the other guys going to catch on the other dealers, this is such a great feature. Arent you afraid theyre going to come in under you or do Something Like this and make it so youre not as special well, i think something we tried to do from the beginning is think about what our customers need, build the solutions that our customers are seeking. And then worry less about what the competition is doing theres 40,000 dealers in this market as long as we stay focused on customers, well stay ahead of the curve. So far, i think that is our goal forward. With the 600 million raise you did, i shouldnt be worried you will run out of money if this pandemic lasts forever. As long as lisa doesnt keep returning those cars, well be okay tell her she owes us a couple hundred bucks. Any way, ernie garcia, ceo of carvana, thank you for coming on great business model, sir. Thank you theres a wild one if youre getting bored, that might be a good one to buy mad money is back after the break. It is time it is time for the lightning round. [ indiscernible and then the lightning round is over are you ready, skedaddy. Rob . Caller hey, jim, how we doing . Doing good, how about you caller good. Ive got to tell you, you pick us up every day. The way the world is going, and weve been down and out. Ahhh, one of my buddies called me this morning and said jim, you look tired. That hurts im back caller ill tell you what, we watch you, and you bring us back to life thank you i needed that. Its lonely. My wife left in the first week of march im by myself reading books. Whats going on . Caller can you let me know about tsm . I think its going to be okay, but thats in that cohort of semis that i like to think includes nvidia and amd. Bring it, bring it james in florida, james. Caller booyah, jim. How is it going . Good, how about you caller doing great go god mess to all the Health Care Workers out there. Sn caller amrn. That thing is crazy it is look, im not its been too much of a dice. Every time i say i want to like it, it goes down if i say i hate it, it goes up maurice in new jersey. Whats up . Maurice . Caller im here, im here. Whats up if. Caller how are you doing i have a question for you about if i was going to take a stock and buy a stock thats been like Norwegian Cruise Line lets be honest i happen to like cruise, i do. I like a cruise. So does my wife. But the problem is, now its become a Public Health issue, and its a Public Health issue in the time of the coronavirus, i have to say sell, period lets go to lee in texas lee. Caller hey, jim, booyah to ya how about ex i havent looked at that in a bit. I thought the ceo told a very good story i want to buy that stock i think its good. Lets go to lucas in florida caller mr. Cramer, best wishes from sunny florida. What are your thoughts on ticker ctso i do not know that. Im going to have to do some homework on that its beyond me lets go to shane in north dakota shane caller booyah, jim. How are you doing today . You know, its another very long day, but thats all right just Getting Started whats going on . Caller all right hey, calling from the heart of the country and what are you thinking about continental resource it should bounce a little, but theres a chance that oil could go down to 15 thats not the stock you want. By the way, i dont want people out of the partnerships, they are all value traps. Please dont get hurt. Johnny in texas. Johnny caller booyah, professor cramer its johnny from dallas, texas okay. Caller hey, my mom and dad, we always watch your show at night, so thank you for everything you do. And i wanted to get your thoughts on workday. I read it, and i thought that it was good, not great i still think that the ceo, i keep thinking about how when you do a big deal, you have to shake hands and look the person in the eye. You cant zoom a big deal. But i just worry about the gigantic deals in the time of covid. And what it means to try to give a guy 10 million, but not look him right in the eye thats just my view. Ralph in georgia, ralph . Caller booyah, jim, how are you . Im good. Caller i have a quick question for you so i have a quick i recently bought into a company that has some pretty good liquidity, but in terms of foreseeable future, theres a lot of uncertainty thats store Capital Corps what is your future . Im not going to be a land lord of anything of anything. I dont even want to be a land lord of the place i own. People are just saying, hey, you know what . Sorry, missing the payment i understand, theres a lot of trouble out there. And that, lame, is t ladies and, is the congress collusion of the lightning round. The lightning round is sponsored by but when allergies and congestion strike, take allegrad. A nondrowsy antihistamine plus a powerful decongestant. So you can always say yes to putting your true colors on display. Say yes to allegrad. To [female vo] restaurants are facing a crisis. And theyre counting on your takeout and delivery orders to make it through. Grubhub. Together we can help save the restaurants we love. Whats up . Eard . For the First Time Ever you can watch the brand new Trolls World Tour movie. Wait for it. At home. What, what, what . Oh what a troll. The World Premiere is now in your home. How did Public Health become so political here . How did i become the poster boy for the shelter crowd, the buy who wears the rubber suit . According to a guest on squawk box this morning theres nothing political about my stance. When it comes to reopening the economy, take it on a case by case basis, or in this case, state by state if your state is riddled with illness, your governor should keep it tight as a drum. Thats how i feel about my home state of new jersey. If your state is flattening the curve, gradually let businesses open, as long as everybody wears a mask and we stay out of personal space doctors offices and dentists havent been able to open thats crazy. Contractors know all about masks. Weve had a huge amount of work delayed. If your state has a handle on the outbreak, let the contractors work get some food on the table finally, theres states like washington, that has flattened the curve so much that april is better than march. Of course, everyone should keep Wearing Masks and doing physical distancing to stay safe. But in washington, i think at this point, it should be up to the individual for most of the country, we need to do more preparation if the virus comes back, we have to go through the quarantine again and i would like to avoid that first, theres the antibody tests that abbott labs announced. If youre already exposed, youre probably immune, at least for some period of time. Maybe not for two, three years, but for some period of time. If you already had it and immune, i say hallelujah, the government should give you a get out of quarantine free ward. You must be the vanguard second, i want more of the places open to be like costco. I want that in restaurants and retailers, even though its not ideal. But better than another big outbreak that forces us to shut down the economy get stores and restaurants open, just enforce the physical distancing and the only way to beat this disease is a vaccine, one that prevents you from getting symptoms and prevents you from being a carrier. Many experts say thats not a possibility. As for me, im an optimist on the vaccine front. Thats right i came away from the Conference Call of j and j that they have something compelling up their sleeves. I suspect they can get started with human tests soon. Well get there. J and j is way ahead of everybody else i trust them so yes, covid19 has been a vicious opponent were up to 28,000 deaths, amazing given the fact that no one had died of it last year but this virus is not invincible when we do beat it, youll wish you had owned stocks and if we crush covid, ill be able to fit more ten people in there now. Well have a celebratory carona extra. Yes. Its the first word of any new discovery. But when allergies attack, the excitement fades. Allegra helps you say yes with the fastest nondrowsy allergy relief and turning a half hearted yes, into an all in yes. Allegra. Live your life, not your allergies. [female vo] restaurants are facing a crisis. And theyre counting on your takeout and delivery orders to make it through. Grubhub. Together we can help save the restaurants we love. After the close, alphabet said theyre slowing hiring. What does that mean . In another time i would have hated that and i would have said i cant believe theyre still spending like a drunken sailor hiring people. Maybe theyre showing some discipline, which would then allow them to do better. I still regard them as a good stay at home stock but im heartened that theyre not just hiring their darn fool heads off. Because that seems to be what theyve been doing in the last, i dont know, decade also, remember costco boosted their dividend i still like the stock i always like to say theres a bull market somewhere. I promise to find it for you im jim cramer ill see you tomorrow. Economy. Are we going to meet the challenge in. Market recaps, medical updates, and reports from Small Business markets in turmoil, next watch and listen live on the cnbc app good evening. Im scott wapner on day 108 of the Coronavirus Crisis the dow falls nearly 450 points, as Economic Data paints a stark picture. All as talk to reopen the country grows and the governments Small Business rescue plan is about to run out of money the virus takes hold of the economy. Retail sales down 8. 7 . And that is the lowest read ever investors hunker down in the face of grim Economic News dow session low down about 600 points. As americans grapple with their new realities. I