It may not rhyme but its more compelling than sell in may and go away. It was something i heard many years ago and then it turned out to be a terrific summer rally, because of a rhyme sell in may and go away is suboptimal advice, but this may it just so happens the markets run too much versus if fundamentals the dow plunged 622 and the s p losing 8. 2 . And the nasdaq knowsdiving 3. 20 off the rails. Now, after a week that ended in a bombshell after President Trump talked about the possibility of retaliating against china for not doing enough to stop the coronavirus, i dont love the timing here but if theres one thing weve learned, you need to take the president seriously when he threatens to take action against china, because hes done whatever he says and thats bad news for the stock market let me put it this way in 2018 and 2019 we went after the peoples republic with both barrels. We were in a position of strength strong gdp growth and incredible job market 30 Million People have lost their jobs now and recession unavoidable. Not the time for a trade war something larry kudlow seemed to agree with me on when i interviewed him on squawk on the street this morning the market sure didnt that fear, combined with the already overbought state of the market and the obvious distress in the economy has me wondering if there might be more downside next week. Im not saying well test march lows were not going to crash again but i think this market could use a couple more down days like today to cool itself off i wish they wouldnt be so vicious. With that in mind, what is next weeks game plan first tyson foods kicks things off on monday. Not long ago everything was coming up roses for these guys we had a china deal and thanks to african swine fever china was desperate for tysons meat what could go wrong . It turns out a lot the pandemic has slowed sales all over the globe and meanwhile the company has a bunch of covid outbreaks at its factories these would be front page stories if on or abosha was doi job. I didnt do a good job, frankly and i dont want you in my house of pain. After the close, sky Work Solutions reports that its one of the few pure plays in the becoming of 5g wireless, which is inevitable. Every time the stock gets slammed, i think its a buying opportunity. I didnt hear anything out of the apple call to suggest there was a slowdown in hand sets. And when dr. Anthony fauci talked about the good news about Gileads Remdesivir as a treatment for covid19, he talked about it as the first tool in an otherwise empty toolbox. He said it could be part of a cocktail of drugs that could potentially turn the tide. What else might be in that cocktail were going to learn about an antibody drug when regeneron reports on tuesday we had two of the most challenged companies in the market, disney and occidental. I think disney is meeting the challenge. Ox denting, not too much disney has cruise ships, theme parks, movies, all pretty much closed it owns sports on espn where there aint no live sports but it also has disney plus, which is a Fabulous Service when youre stuck at home i think the parks may be able to open sometime this year, remember crowds are not really acceptable when youre trying to do social distancing and so youve got a hideous stock but that said, disney is an iconic brand so i would say if you own it, i would hold it. If you want to buy it, i would wait until after the quarter as for occidental, i think youve got to take advantage of the fact that warren buffet has his annual meeting and sell it on monday. That meeting should be somber. Monday may be your best chance to get out of what i think was a once great oil company that paid way too much,. Cvs is a higher yielding stock thats down 20 for the year it might be worth buying ahead of the quarter its been okay, not bad. Now with this, remember gm, right now autos are the weakest part of the economy aside from travel and leisure i know some people itching to buy a car company because Public Transit has gotten more risky. Dont do it. This is not the time for auto exposure here is one i like, Waste Management 18 points from its high it does need more construction to make its numbers. Little wary. And now that elon musk has slapped a sell rating on tesla, someone please delete his account. The hottest stock is shopify given what we know, im meeting they have an incredible quarter. I think its worth the risk. We all want to know how modernas Coronavirus Vaccine is coming along hopefully they can tell us on thursday, but some of them are tightlipped about phase one i would like to know more. We also hear from bristolmyers, which is one of my favorite stocks on earth. I bought some both before and before they combined finally on friday we get results from ventas. The Real Estate Investment company has been struggling because Nursing Homes are a huge chunk of business and its hard to run one during a pandemic thats particularly bad to the elderly. Lets see what the ceo has to say about whether the payoff is sustainable. Last night i told you the market had come up too far, too fast. Were still overbought i believe its worth waiting for the market to go lower to do any buying unless we get some incredible vaccine news over the weekend. The market got ahead of itself there was an amazing april, the best since 1987. Now were having a curb your enthusiasm moment. Please be careful out there. Lets go to narendra in connecticut. How are you . How are you thanks for giving me the opportunity here i was wondering about your view on community banks, and specifically nycb, new York Community bank they announced earnings a couple of days ago and had a very strong quarter, but theyre down to about 10 and have a 6 yield and given their exposure to the new York Real Estate market i was wondering whether you think they can sustain their performance. If i owned that stock, i would sell that stock. I dont care about yield when it comes to financials. I care about safety right now. And i just dont trust the financials, even the best are going down and have just been obliterated. Larry in florida larry . Coming to you with a sunny i asked to about an institution thats performing well during these times. The earnings exceeded analysts expectations and after considering their moves to project margins against head winds and apparently ample liquidity, what are your thoughts on whirlpool. Yield is 4, but im not crazy about it in a recession you dont buy expensive appliances and theyve got the ones where they make the most money on are the expensive ones so i would say no to that one. Even in todays decline, this market is too high. So i want you to be extra cautious chloroxposted its biggest rise in Quarterly Sales in a decade proving how popular Clean Products are during the coronavirus pandemic you know that and so do i. Then Cosmetics Companies are dealing with the fallout from closure of Department Stores and airport dutyfree shops and beauty parlors because of covid19 lockdowns what is es este lauder doing and some stunning sales, this may be a real biotech that they are so well, their anticancer franchise. Well sit down with the ceo. Stay with cramer. Announcer dont miss a second of mad money. Follow at jim cramer on twitter. Send jim an mail to madmoney cnbc. Com or give us a call at 800432cnbc miss something head to madmoney. Cnbc. Com. Feed a healthy lifestyle, with pure protein. High protein. Low sugar. Tastes great high protein. Low sugar. So good. High protein. Low sugar. Mmm, birthday cake. And try pure protein shakes, with 24 vitamins and minerals. And try pure protein shakes, swithout even on yoleaving your house. Just keep your phone and switch to xfinity mobile. You can get it by ordering a free sim card online. Once you activate, youll only have to pay for the data you need starting at just 12 a month. There are no term contracts, no activation fees, and no credit check on the first two lines. Get a 50 prepaid card when you switch. Its the most reliable wireless network. And it could save you hundreds. Xfinity mobile. Needed to get a bit more defensive because many of the themes that propelled us higher last month are played out. So what works if may ends up looking more like march than like april how about color rochlorox, itsa classic recessionproof stock and has a fabulous play on the pandemic if you want to stay healthy, you need chlorox so its no wonder the company delivered a spectacular report they delivered a 22 cent beat, substantially higher than expected sales up 15 year over year best of all, management dramatically raised its year forecast theyre looking at a 6 to 9 increase the stock went up. 63 today o a horrendous day and you know i think its got a lot more room to run lets check in with the chairman and ceo of chlorox to find out where the company is headed. Welcome back to mad money. Thanks for having me. I want to start off by saluting you and thanking you. I know that you could have charged much more, i know that you could have directed this to consumers. I know that you actually did not make nearly as much as you could have because, as anyone who knows who goes onto amazon, your products are prioritized for organizations on the front lines responding to covid19 thats up there, Everybody Knows it who goes to amazon because i know our viewers went. So thank you thank you for doing something that capitalists havent done for many years in this country well, thank you for recognizing the 8800 people of chlorox. And i would, if i may, love to start by saying our hearts go out to everybody who has been impacted by covid19, and our thanks go out to everybody on the front lines for their heroic work and might i include our own Production Associates who, through their passion, dedication and leadership, made what is a great quarter possible and what im mostly proud of is that its a great quarter, but delivered the right way. Our core value is doing the right thing and this is where our core value really comes through. And weve been very clear right from the beginning that our priorities are, number one, to keep our employees safe and well number two, to make as many products as possible to meet consumers demand, and number three, to give back to communities in need. And we have given back about 14 million now, with focus on caregivers because thats where money right now is needed the most. Ive got in my hands i guess about the most important product in our country right now i the chlorox disinfecting wipes, which i carry in a bag everywhere i go. Im never without them i think its foolish to be without them because they kill 99. 9 of bacteria. But i have to ask you, because im trying to figure out how your business works. You know that we may be in this pandemic for two years if you were to have unlimited capital, could you put up unlimited number of plants and make it so we all have this, or are there gating factors that make it so you cant ever meet worldwide demand no matter what for what im carrying . I think were in unchartered territory, all of us who are now in spaces that see this Unprecedented Demand we saw demand surge in some of our disinfecting categories by 500 and no supply chain in the Package Goods industry is currently set up that way. Im very proud of our Production Associates, as i mentioned we have churned out 40 million disinfecting products more this last quarter than in the Previous Year quarter for an output increase of 40 and weve done that by simplifying our supply chain with Great Partnership with the many retailers that we serve. We have done this by accessing thirdparty supply and, you know, we still fell short. But were making an enormous amount of progress to continue to bring capacity online were investing in future capacity so that were better equipped to meet the demand in future surges hopefully and we expect to be in much better shape with substantial improvements this summer. Chlorox is not necessarily known for its International Footprint but its brand is trust t worldwide. Given the fact that this is a worldwide pandemic, could you put a plant on every continent its certainly a priority for us to look at the disinfecting space going forward. I think, and many people think and data supports that, that were going to see disinfecting products on consumers minds in more pronounced ways than in the past for a very long time. So that gives us an opportunity to serve more consumers. Our International Business, which accounts for about 15 of company sales, more than 50 of our revenue comes from disinfecting products, which is why we saw a 22 currency neutral sales increase on the International Business with a lot of great work by our associates to meet consumers around the world and we think there is a clear opportunity for us to think about how we can serve more consumers by adding capacity and investing in that and we have plenty of room to invest in that and will do that and by marketing our products in responsible ways, as a way to help shoppers around the world keep themselves and their families safe. So what do you do when the person who is in charge of trash bags comes to you and says, look, i know youve got this winner, but i need to get supported too . Ive got great products. One of my competitors just took a big account from me. Do you just say, look, weve got a product that you cant meet demand and Everything Else is just on hold, or do you have to support everything no good idea gets rejected at chlorox and we have plenty of good ideas, which is why we saw substantial growth actually also in our nondisinfecting business all four reporting segments, the clean segment being one of them which is where disinfecting products sit, all four segments grew this last quarter and its because we saw a lot of momentum behind our core business as well beyond the pandemic and we invest in that. I hear a lot about Companies Investing less in their brands these days the Chlorox Company will in invest 50 million more in Advertising Sales promotion in the back half of our fiscal year because we believe that this is the time to serve as many consumers as possible, not just with disinfecting products, but also as people grill more and stay home, they use more Hidden Valley as they say home, they use more glad trash bags as they stay home. So theres plenty of optimism for us in our company and plenty of opportunities to invest in good ideas. Are you able to reposition or fix you cant be all that happy with the rainbow light, or things you have to do. I think these are great products i use more supplements than i have in my whole life because of this and i am confused about why this stuff isnt blowing doors off. Maybe im the only guy, but i feel like if this stuff makes me healthy, i wont have to deal with the pandemic. No, you are not alone i use a lot more vitamins, minerals and supplements as well, in particular supplements that boost the immune system and we have many of them with our brands theyre actually strongly. For the quarter we had a temporary displacement because we had a covid19 related shortage with one of your centers. But fundamentally its a healthy business, and in march, in fact, we had alltime record demand from customers we just couldnt fulfill it as a result of an issue that is a pretty broad scale across the industry where covid cases create temporary issues. But this is a category that we like and a very strong longterm growth runway for the Chlorox Company for years to come. Thank you for everything youve done. Thank you for your stewardship of a Great American company and for your decision to help many more people, and not be the way ive seen too many ceos in my lifetime chairman and ceo of chlorox. Thank you so much, sir. Thank you, jim. Look, own it, dont trade it. Well be back after the break. Im always walking to the same old place just in case i see your face i may be acting crazy now its getting late they took my heart away but ill be okay, cause in my dream world im still your dream girl ooh, im still your dream girl ooh 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. Cosmetics company deal with quarantine estee lauder is down after march lows after getting knocked down during the crash when the Company Reported this morning, i think it justified the rebound. Remember how ugly the market was today . Estee lauder posted substantial beat, even though they werent able to issue guidance for the next quarter we care more about their commentary i spoke to their phenomenal president and ceo. First time hes been on with us. Welcome to mad money. Thank you, thank you, jim how are you . Fortunately good. And you, sir very good thank you. So tell me how sit possible that you had a gigantic upside surprise when people are sheltering in place at home, no one is traveling, and we might be in the biggest recession in 100 years . Because, frankly, we have an amazing consumer demand and we are in business where consumer demand is thriving and the consumers find their way to get the products they want and in our case, while were in a recession environment, in a very difficult situation and most of us are in our homes with Stores Closed around the world, the consumer found a way to buy our Products Online more than usual. Found a way to buy our products in anything that was open around the world. And so we could serve them in the best possible way also during the crisis. Now, youre a great teacher, sir, and i need you to teach me why drives people to have makeup and skin care when theyre not going anywhere, because clearly theres more to it than just how you look in the mirror yeah. First of all, consumers around the world are buying more skin care skin care is a category and you can understand people are more think about their wellness, they want to pamper themselves they also need a pleasure moment for themselves and skin care does that very well. On top of benefits to keep your skin moisturized, hydrated, and many other good things that the Skin Care Products can perform, even when people are locked in their homes. At the same time, you just need to imagine that we are working with different technologies like zoom or skype, et cetera, and many people want to look okay in these videos so it is very important also for those situations. Thats brilliant. I hadnt even thought about it when i do my boozy brunch with my kids, they dress up let me ask you about china china is ahead of us in this illness and there was a part of this quarter where china basically reopened how did china do once it reopened very well very well. I have to say the Chinese Consumer had positiveness, they need some positive feeling so theyve gone back into consumption in a very strong way. Also in china, like in any other part of the world, where we see the recovery starts. The recovery starts online the way the consumer recovers first, online. In that case, theyre doing very well and then the brick and mortar keeps growing and soon the consumers feel safer, feel that the level of retail is there and thats the reason for going back to the stores. They do go back to the stores and we are seeing this in china. So in china they recovered pretty fast and during the recovery phase people go back to more regular consumption, but also people are back in their homes. In the homes, they have 12 brands of beauty, or in asia, 14, 15, and people got less, so now they are restocking. They are restocking and that is a positive factor for the recovery how historically has your Business Done in a recession we usually think about the lipstick, that peep buy lipstick even in a recession. Is it true or is it a wives tale no, its true the concept, basically lipsticks are an affordable luxury that even in tough moments people want to do when you need to renounce so many things in the case, like we are all locked down in our homes for a period, and so you want to indulge with simple, affordable things so luxury cosmetics, Luxury Beauty is part of the simple affordable things that people want to indulge in to keep going with their mental peace of mind and with their positive attitude so we see that historically during a recession, our business has been pretty resilient. Obviously during the middle of the recession the growth goes down or in some cases even down a little, go down in consumption, and immediately as the recovery starts the luxury sector is going faster in beauty than before. And so the recovery is the most important period. And you have some new products that have had some rather great success, and also your hero lines that seem to shine even during tougher times. Yeah, what we call hero lines, our products which have the best loyalty these products do very well in this period because, as you can imagine, when people are in a situation with less comfort, they want to have the products they love with them. Thats their priority. And even when people go back to a more normalized life, the first thing they want to normalize is their habits. So they start with the products and then they go into new discoveries. So we are seeing in this moment that one of our strengths is having a lot of products which are really performing, super high quality with a lot of people loyalty those products come back faster and we are enjoying that. Now, im very much a person committed to a lot of different good things, good causes i understand that youve used the considerable power of estee lauder to be able to do some things to help the frontline people who are so in need of different sanitizing and personal equipment to be able to do okay. Yeah, absolutely, we have done many things first of all, we took care of our employees and have created an internal medical Adviser Group to take care of our employees globally, everywhere, and to take them through this crisis both in terms of supporting them in case of problems and supporting the way to work and to make sure that the way were working is reflecting the environment and then we are making donations to support older people and supporting all the actions in every outfit of it what youre referring to is also important. We found a way to produce Hand Sanitizers and now we are producing Hand Sanitizer in new york, we are producing in belgium and in the uk, and we are producing Hand Sanitizer that we are devoting to the doctors, to the hospitals, to the people which are in need and to our employees to help them protect themselves during the crisis. Well, youre on top of im sorry, go ahead. The last thing i was going to say is this week we launched a new idea, which is a fund to protect our employees globally that have been affected by the virus themselves or their families or in their jobs, and we have started with 10 million and we have asked everyone to contribute the company, the lauder family, employees, management, were all creating an internal fund to support the employees around the world. Well, its a great Family Company and youre a terrific steward of it. Mr. Freda, president and ceo of es stay lauder, thank you so much, sir. Thank you, good to be with you. Announcer thank you for making cnbc digital number one in business. We promise to keep you informed of the most complete virus impact on your job, your life and the economy. For the latest updates go to cnbc. Com and the cnbc app. What a hideous day for averages lets focus on the rare winners. Seattle genetics with a stock thats up nearly 30 for this year, including a 6 gain today. Heres a Biotech Company with a platform that uses antibodies to seek out and destroy cancer cells without causing a ton of Collateral Damage to the rest of your body. Their first product is a lymphoma treatment that was up 22 in sales in the latest quarter. But the big thing is their two new therapies, for ballader cancer and a cocktail for certain types of Breast Cancer, a cocktail like what dr. Fauci has been talking about to go against covid. Seattle reported yet and didnt get much fanfare this product was expected to do 8 million and it did close to 35 million. Thats encouraging this is exactly the kind of stock that works during a recession. Its been an amazing stock for a long time. Lets take a closer look well talk to the prt, chairman and ceo, doctor, welcome back to mad money. Thank you very happy to be on your show. How is it possible that a drug i saw some estimates 7 million, 8 million, but it did 35 million. What does that bode for what this drug could do well, it is a drug for metastatic Bladder Cancer. It got approved last year so this is the first full quarter of sales and well move from here and continue providing it to patients really in need with metastatic Bladder Cancer, which is a really bad prognosis. And the drug we have here is very active and doctors are embracing it and its helping patients well, there really is i never thought there was anything for Bladder Cancer its just this drug, right theres some therapies that have been used for years and there are different che chemotherapies but its a really bad disease and once its metastatic, most patients pass from the disease within five years. Its a short time horizon. And this drug is really helping patients. Is the word out worldwide if people thought it was 8 million and it about 35, it must have spread like wildfire throughout the medical community this is the drug to use. We were just approved in the United States right now. We were approved about three months ahead of the action date that the fd asset for us they worked very closely with us with a break through designation. But were trying to finish up a study that well use to senate around the globe its a really big global study we also have studies in front line and newly diagnosed our first approved was in patients with relapse disease who have gotten the old therapies. But this drug is very active and were using it in a regimen in first diagnosis where we have already come up with some data that was, quite frankly, spectacular. But that was in a small data set. Now we have to go prove it in bigger datasets. So we have two trials running. One is smaller, one is bigger. One is focused on United States, one is global to try to get it to front line approval and get it out there to change the life history for patients with Bladder Cancer. Is there any expectation for is it maintenance, can someone live for a long time, do you think, with Bladder Cancer well, we havent yet gotten whole data sets on overall survival, so i dont want to speak before we have our data. But it is an exciting process expe expect and with the high Response Rate we have, when we looked at the first line patients, we have in a regimen with a drug with a 73 objective Response Rate, which is way above anything thats ever been seen and after a year, we did not hit our median time for even progression. So it looks like if the data are followed and done in a bigger trial, perhaps well have the kind of data youre looking for. But i dont want to speak until we have the data and were very excited about this drug. And is merck a good partner you know, merck is a good partner. Now, this drug is partnered on a global basis with astellas and we work closely with people. Merck is contributing to the trial and were really excited to have all three Companies Participating in this global trial. Hwhat is your feeling for tha drug its just a great drug. That was approved four months ahead of the fda action date and approved in a way where we have a good label and the label allows doctors to write the prescription and it really can help a lot of patients we do have survival data and we have data for patients that have brain metastasis in Breast Cancer and were focused on her2 positive, half the patients can develop brain metastasis as it progresses. And often they pass from the brain met taft is and not the original tumor so it is important to treatment patients in this regard and our data was just stunning and fda, we worked with them and got this approved weve already submitted to the European Medicines Agency and through something called project orvis, were getting approval in territories such as switzerland and singapore and australia. So its going a global drug soon and help those with brain cancer and breast metastasis. This is remarkable to have not just one, but two within a short period of time congratulations to you this is an incredible thing at seattle genetics. Its been four months since our last approval and i brought my Team Together and i said, so in four months are we going to have another drug and i got a lot of quiet faces and i started to laugh we cant make a drug every four months but i tested my team. I am fortunate that we have a great team and jim, we are a company that focuses on science first we believe in our science, we have great passion for treating Cancer Patients and we work really hard. Look, congratulations these are incredible numbers and for the patients its just such great news this is a much better story than i had thought of even a year ago. Its actually quite remarkable mad money is back after the break. [horns honking] birthdays arent cancelled. Hope isnt quarantined. First words arent delayed. Caring isnt postponed. Courage isnt on hold. And love hasnt stopped. U. S. Bank thanks you for keeping all of our spirits strong. Weve donated millions to those in need and are always here for our customers and employees. Weve donated millions to those in need dad, im scared. Its only human to care for those we love. And also help light their way. Its why last year chevron invested over 10 billion to bring affordable, reliable, ever cleaner energy to america. Its the time of the night then the lightning round is over are you ready . Brett in wyoming, Brett Jackson hole, big boy youve got the edge on e. Im doing okay how are you . Living the dream, my friend living the dream it feels like the wheels are coming off the train last fall i love the burgers and their shakes, but shake shack. They report next week i was none too happy they submitted for the ppp. I mean, i was just not too happy. Lets see what they have to say for themselves lets go to eric. How are you doing good. How about you . Doing good. Ive got a question. Im 24 years old i have 422 shares of Virgin Galactic in a roth ira should i hold, should i sell youve got the right time frame, believe me. This is what could go right in the future involving space travel and why not why not own some to me, its overvalued, i think the time frame may take as long as you mentioned but if you want space travel and you believe in this guy, then you should own it. Lets go to bill in georgia. Jim, how are you . I am good how about you . Fine, thank you my question is, what do you think about the Blackstone Group . You know, this one, stephanie link, who is my great friend, recommended in the 20s and 30s and 40s and then it went all the way up to 60 its come back down to 50. I want it lower. I think it can go lower. Jim, hey, i wanted to ask about cin, especially since the book value per share is way above the i dont trust the book value, i dont trust the stock. I dont want you to own it i dont want you to own it lets go to spencer, please, in washington spencer. Hi, jim happy friday i know. Wow, happy friday to you yeah, im interested in your views on car parts. I like the salvage business we recommended the stock many years ago. I think youre good to go. Jacob in michigan. Whats going on whats up, jimbo im doing all right. How about yourself im glad its friday. How about that yeah, buddy got a question el dorado resorts, what are your thoughts the pandemic is just a gamechanger for Certain Companies that just had big moves up this week it should not have moved up. I dont want to own that stock how about scott in florida scott. Hey, what do you think, jim im really getting excited about the floors and decors stock. I would rather see you in fortune brands, which is home and security, and i think has a more stable situation. Lets go to chris in georgia chris. Hey, happy friday, jim. How are you, man . Good. Calling about twilio with everybody working remotely from home and a lot of people not working, period, what is going to happen . Im worried because they had a million Small Businesses that were greatest clients and how Small Business is on life support. Ladies and gentlemen, the conclusion of the lightning round. Announcer the lightning round is sponsored by Td Ameritrade turn on my tv and boom, its got all my favorite shows right there. I wish my Trading Platform worked like that. Well have you tried thinkorswim . This is totally customizable, so you focus only on what you want. Okay, its got screeners and watchlists. And you can even see how your predictions might affect the value of the stocks youre interested in. Now this is what im talking about. Yeah, itll free up more time for your. Uh, true crime shows . British baking competitions. Hm. Didnt peg you for a crumpet guy. Focus on what matters to you with thinkorswim. High protein. Low sugar. Tastes great high protein. Low sugar. So good. High protein. Low sugar. Mmm, birthday cake. Pure protein. The best combination to help you stay fit. Pure protein. Featuring the Emmy Awardwinning voice remote. All the apps you love, including netflix, prime video, youtube and hulu. And the most 4k content. The best Entertainment Experience all in one place. Lets talk about the aaas, no, not batteries and the american automobile association. I mean amazon, at t and apple. All three of these stocks have been hammered since they reported and thats confusing a lot of people so i want to help you understand first, amazon, the a in faang, reported blowout sales with disappointing earnings at first pass, it seemed like they arent making enough money on the sales thats not it. The weak earnings are kind of by design amazon could have racked up 4 billion in profit, but jeff baize ow bezos said he wants to spend the money handling the pandemic. As he explained, if youre a shareholder of amazon you may want to take a seat because were not thinking slow, end quote. We had periods where amazon was in invest mode and had to hang on until it was over after that, the company was able to pull out all the stops and make fortunes for shareholders this time its different, bezos isnt spending the money to make money. Hes dealing with the pandemic maybe more workers get sick and youll have to wait longer, but amazon would be more profitable. Hes not doing that, though. The revenues tell you that demand is off the charts but theres one area that i was a bit disappointed with, Amazon Web Services which only through by 33 at a time when people are being forced to work remotely, i thought they could do better than that and so did david faber when morning when we were going back to forth. Either way, lets not overthink it, amazon is too good to ignore you need to treat this as a buying opportunity although i expect a severalday decline, especially as workers worry about an investigation next is a quandary the Company Reported a fabulous quarter and then they gave no guidance future is too uncertain. When they refused, the stock got hit in afterhours trading and was decked today and last night when President Trump was talking about restarting the trade war with china bad timing china is the only fully functioning economy in the world right now. If were going to have a trade war, at least wait until theyre up and running again as for apple, i think they were right to give no guidance. It just represents an awareness that we live in a dicey time and its impossible to predict how this pandemic will play out. But is apple worried about the future no Way Companies dont boost dividends and increase their buybacks when theyre worried. Apple did both when i spoke to tim cook he confirmed to me this has been good for apple, because apple owns the home and as more people work from home, more business gets done on apples machines. More it professionals who prefer dell or hp loaded with microsoft, maybe they give away to apple for the enterprise. If it werent so nearterm negative, i would tell you to buy apple monday morning the stock was down before the trade war worries and caused it to get crushed the s p 500 was just too strong to resist. So i say lets wait until the market gets less overbought. This is the easiest of the three. Amd had an amazing quarter with Gaming Centers and laptops i think the next will be better. The company was so confident that it got 25 growth given the track record, im betting thats conservative. wi the analysts postured that they maust must be losing share my analysis, wrong some of the strongest chips in some of the biggest categories and im betting things will get better from here so i would start buying amd on monday the selloff was too much. If it goes down more, buy more this is a terrific situation and its getting more terrific as it gets lower stick with cramer. To give you the support you need. To stay motivated keep active and sleep well. Add a little more health to your day. With natures bounty. Thats why working together ist more important than ever. Add a little more health to your day. At t is committed to keeping you connected. So you can keep your patients cared for. Your customers served. Your students inspired. And your employees closer than ever. Our network is resilient. Our people are strong. Our job is to keep your business connected. Its what weve always done. Its what well always do. So it doesnt make a whole lot of Financial Sense for them to stay in this great big house. But, well, this is home. Its where they raised their three boys. Could they downsize . Sure. Will they . Not as long as thanksgiving is a holiday. Planning for the future is about more than just money. Let equitable be your guide. We have three outstanding ceos and three amazing companies. Three stocks that you can buy, two that were up today on a bad day. Seattle genetics, thats for real thats two blockbusters within a years time. Chlorox, try finding any of their products and estee lauder, its the zoom. Its zoom that matters it was the selfie generation and now its the zoom generation im jim cramer, see you monday watch and listen live on the cnbc app good evening, everyone im tyler math son on day 124 of the Coronavirus Crisis as lockdown orders end across the country, there are new questions tonight about the potential danger as the effort to contain the virus failed a new warning tonight. I am happy to announce that gilead has gilead gets