Transcripts For CNBC Mad Money 20240712

Climbing 8. 86 how do we interpret the market is the market heartless in response to the plea of the protesters is the Market Making judgments about the difference between violent protest and passive resistance i know many people wish it would. They want the market to be part of the debate. They want it to play a constructive role in the dialogue over racial ee qualiqur go down to express empathy for the troubled times were living through. Thats not how it works. The truth is the markets blind because it has no eyes its deaf because it has no ears its a convenient abstraction, not a personal opinion investors make judgments until recently nobody was investing with an eye toward making the world a better place whatever that might be now there is a Younger Generation of investors with hearts in their heads. I share the sentiment. For the most part people pick stocks because theyre trying to make money we buy stocks at companies, Good Companies with good longterm prospects. Mainly ones that wont be hurt by the protests, by covid19 powerful longterm trends that will boost them no matter how the situations play out. To be crystal clear, no, the stock market doesnt care about social justice maybe you think it should. Its not my part but for the most part thats just not how things work you can say investors are myopic id say theyre myopic because it tends to produce better results. Classic example, china chinas government is terrible you may be furious with china for dropping the ball on the coronavirus. The president is the trade war escalates to the point where it hurts American Business t probably wont impact your portfolio personally im worried that President Trump has gotten so hard line against china that it might jeopardize our special relationship with taiwan an obvious target this they want to escalate. Its vital to american interests. Im concerned about what will happen to our companies that do tons of business in the peoples republic nike, starbucks. Starbucks had an announcement, its all in line theres no new news there. Of course, im always going to be worried about what happens with apple other than that, though, all this sound and fury about china simply isnt action. Is it an important story of course. In terms of geopolitics, its a huge deal. In terms of trying to make money, not so much so with that in mind lets circle back to the protests. From my perspective as a money manager what worries me is how this will interact with the pandemic i would never condemn Peaceful Protesters exercising their right to demonstrate and speak their minds at a time of sky high unemployment. You have to figure that the whole country is a powder keg. But we also know there is a deadly virus going around, and big gatherings are exactly where it spreads when you look at these videos, theres not a lot of social distancing and far too few masks. This is the mother of all super spreader events. Thats why im concerned that were going to get a huge second wave of infections far earlier than people hought plus the places where protests turned violent gives businesses another reason to shutdown or keep their employees working, working remotely from this stock markets perspective, everything that happened this weekend means the stayathome economy will last longer than we thought we have to hope it regenerates openings to put people back to work dont bet on it. This is an extension of the stayathome economy so lets think about the individual stocks and the stayathome trend lets circle back. Sure enough they rallied today not because theyre spitting in the face of the protesters, no, but because whats happening now helps their bottom line. So lets talk about the most obvious. Lets talk about zoom. Zoom video, up nearly 25 bucks today. Huge advance of its Earnings Report tomorrow. Out of nowhere zoom has become a 57 billion behemoth thats a major part of our lives. Its easy to use with a preemie you have Business Model. Newly heightened security that curtails zoom bombing. It was the biggest winner from the lockdown if the lockdown continues for different reasons, it still woonz. Zoomy lectures, its all on tap. Zoom is running today because there is a decent chance it might go higher after it reports. In my 40 years of nfrmiinvestina stock is up 13 the day before it reports buy high, sell high is a bad strategy, people in this crazy market anything can happen second, as crazy as zoom may be, its created cyber vulnerabilities. Its easier to protect your network when people in the same building now theyre using different machines that means there is incredible demand for Cyber Security software and the companies in this industry can make a fortune. The c. E. O. Of z scaler, cloud based security play, he delivered a terrific quarter and the stock exploded higher. One of the years best performers i wanted him on because in this market i knew z scale wasnt done going up. I wanted you to have it in your attention. With covid19 spreading and the lockdown, z scale surge another 12 . You have to understand what the market is sensitive to as long as there is a huge level of enthusiasm for z scaler, opta, a Cramer Family favorite the averages will keep climbing. These Cyber Security plays were practically made for this moment, hence the cramer covid19 index when people are afraid to shop and afraid to go outside, that means more customers for amazon. Again, in this case, a likely set of key strokes to order something from amazon turns into more key stroke to buy amazon stock. Ideally you want to send your money to small business. Theyre suffering right now. Most businesses remain closed thanks for the nonessential designation, which drives still more business to amazon. Hence its stock moved higher what else . We keep hearing about stock opening up what do you do every time you hear t you buy the stock, of course, of draft kings. Surged another 10 today its the only way to invest in the concept. Is the Online Sports betting Company Really worth 13 billion . The question is irrelevant, people, to this set of buyers who take it up every single time theres news of an opening day anywhere who else wins it from the stayathome economy how about this one, facebook it launched a brilliant, Brilliant Initiative facebook shops to help Small Businesses operate online. Theyre the natural ambassadors for facebook theres something to turbo charge the companys growth rate when their core had business its flying. Finally the stayathome economy, the software lets you sign contracts digitally you dont have to go to a Lawyers Office or bank. Stock is up 100 for the year. I think it actually has more room to run. It keeps being discovered by new people put it all together, and its not that the market is heartless, although it certainly has no heart its a buyers are op liveious to the risk of purchasing stocks that have run and run and then run some more. You can say theyre being reckless strategy, though, is making money. Maybe its some sort of discipline we dont know bottom line, at the end of the day, the market has no conscience investors simply trying to make money and thats why theyre crowding into the stayathome economy stocks, as i keep telling you, because the stayathome economy just got a major extension for many investors, right or wrong . Thoughtless or cerebral, its worth exploring. I want to go to chucky in california chucky caller booyah, jim, how are you . Im doing good. How are you, chucky . Caller im great, thank you. My question for you is tesla i know how much you love tesla theyre up like 7 in one day. Thats great so my question could be buy or wait i think tesla goes to 1,000 well reevaluate it there. It does need adds. Its got a business that is about to i think take china by storm, maybe the United States not that strong. That german operation is going to be terrific so i am totally in the tesla camp lets go to luca in texas. Luca caller jimmy chill, thank you for taking my call of course caller longtime action alert plus member. You made me a lot of money i am very, very excited to hear from you. Whats up . [ cheering ] caller the way things are going, my question is whats your thoughts on sky work solution right here for a three to fiveyear investment as a William Griffin is fantastic. The 5g play is going to be multiple years its also why i like marvel, had a great quarter marvl, you know because youre a member of the actionalerts. Com club. I like skyworks very much. Lets go to stafford in indiana. Stafford came hi, jim, how are you . Not bad, how are you . Caller i a massive amount of cash flow, im a little concerned about post coronavirus appeal i think dropbox is a lot like slack. These are Companies People had said microsoft has decided to put them out of business and theyre not going out of business dropbox is a popular product its not going to be as hot. There are some Companies Like zoom that are really taking off. Look, these are tough times, but for now the market isnt participating in that space. Thats how we rally. On mad money im sitting down with the c. E. O. Of one of the hottest stocks on earth, chipotle ill get a read on its trajectory with gold approaching alltime highs, the yellow is back by momentum and the covid19 shutdown but is the move long in the tooth . And my exclusive with one of my absolute favorite stocks, ulta after earnings to find out how the beauty business is changing because of the pandemic. So stay 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 ado dmeyething he tmaon. Cnbc. Com. You doing okay . Yeah. This moving thing never gets any easier. Well, xfinity makes moving super easy. I can transfer my internet and tv service in about a minute. Wow, that is easy. Almost as easy as having those guys help you move. We are those guys. Thats you . The truck adds 10 pounds. In the arms. Okay. Transfer your Service Online in a few easy steps. Now thats simple, easy, awesome. Transfer your service in minutes, making moving with xfinity a breeze. Visit xfinity. Com moving today. What do we do with the stock of chipotle . Its kwun of the biggest winners in the shelterinplace economy. When the pandemic hit, chipotles stock went down to 114. We got behind it again we figured this team is so smart they would figure it out they pivot to digital ordering, mass market delivery, exactly what they needed to do, the stock is at 1,000 now its at 1,048 chipotle had a magnificent run, a 65 gain, you heard me, 65 drivethru chipotle, the move might be to take some profits, take a little off the table. We had a price target and it beat it. That said, i suspect this stock could have a lot more up side as its become a trusted place to get food during a period of fear and uncertainty. But dont take it from me or my staff. We order chipotle constantly check in with brian nick all, the chairman c. E. O. Of Chipotle Mexican Grill get a better read. Mr. Nickel, welcome back to mad money. Thanks for having me back it looks like Second Quarter estimates based on checks people are doing including someone at web bush this morning are indicating things may be a lot better than we thought even though they were already pretty good i know you cant talk about numbers specifically, but is there something going on that we should realize because it does seem theres a step function. You know, jim, you touched on this in the opening. Weve been investing heavily into digital and weve been investing heavily into our people and operations. And bows of those things have served us well during the covid crisis and i think theyll continue to serve us well Going Forward. Weve been cautious in how weve reopened dining rooms, but our hope is our digital gains will remain in really good shape while we start to bring back the dining room. And i think thats what some of the folks are starting to write about. Is it really possible that your average unit could go up to 2. 5 million . Is that even doable . Jim, i think its absolutely doable its been a target of this team from the day i got here a little over 2 1 2, yeah, 2 1 2 years ago. What weve always said on the team is once we get to 2 1 2 million, our eyes will be on how we go beyond that. So were very optimistic with the access that were creating, with our digital kitchens and all the Digital Access points combined with our food with integrity approach and the instore customization speed, value, experience. We absolutely believe we can get back to 2. 5 with our industry leading margins. Ee one thing you skpiz donand i talk enough about. The franchise model, people fell in love with it for a long time. It turns out if you own the stores and you want to give people a 10 pay increase because you appreciate it, you cut them a check if you want teamwork, you huddle with your team this model may be the tested model in the tough time. Yeah, jim look, ill tell you, were very fortunate that all 85,000 employees are chipotle focused employees and value the same values we have as an organization this idea and purpose around cultivating a better world, giving people access to food with integrity, it runs from my office all the way down to every general Managers Office and the power of huddling this Team Together during this Coronavirus Crisis has been really amazing i mean, we already had great food safety and Wellness Programs in place. But i would get on the phone with 2,500, 3,000 restaurant general managers and we would talk about what were going to do from a pay standpoint, what we need to do from a health and wellness standpoint on a monday. And i have to give these guys credit tuesday morning, they were already in action making it happen thats the power of our Company Culture and thats the power of frankly the great employees we have at chipotle i also think that it works nationally to be able to bargain. I mean, chipotle, the Real Estate Investment trust was dubious of, but now theyve got someone who they should pay you to be in there you bring traffic, brian and i know that youre able to negotiate leases but the fact is a lot of places need your traffic. And without it, it seems pretty dead look, jim, i had the opportunity to go visit a couple markets over the last week or two, and one of the things that was the highlight of my visit was seeing these chipotlians in action its another action point. I ordered a kes a quesadilla ahead of time. I pull up to the window, its in my hands, out i go, and its pretty an amazing experience, especially for chipotle to get the quality of our food with the customization of our food, that type of speed. I just think it is zap a whole new access point for chipotle that people just are telling us they love. We got 80, 90 restaurants today. Its going to be a big piece of our growth model Going Forward for sure all right now, this was a tough weekend for a lot of different people in a lot of urban areas im from philly. There are two chipotles i love on walnut street please tell me theyre okay. I know you lost a bunch of stores yeah, look, obviously these events have been tragic and it hurts on so many levels, you know fortunately, youll of our employees have been safe we have had some damage to restaurants, but its all damage frankly that we can patch up and fix, you know. Im optimistic about our future and i think, you know, we6 have to address some of these issues that are plaguing this great country. And i believe we will address them well get back on with doing the right things for everybody and thats one of the things i love about chipotle. Its a company for everybody you know, theres such Growth Opportunities for everybody that joins our company. Hopefully were building the culture where Everybody Knows theyre supported. Its an inclusive environment. We can truly get on with making this world a better place. Ive always seen your place as a model of inclusion. Last thing its pretty clear that you guys have figured out a bunch of things that others dont a virtual prom i mean, you know, we threw my daughters Graduation Party there. At chipotle. Now youre going another level yeah, look, i have to hand it to our teams here. It is a group of people that loves creativity, isnt afraid to take some risks and be on the front end of it. The virtual prom i thought was just a brilliant idea, and theyve done a lot of fun things around chipotle together we had gronkowski leading a workout. We had some country western singers doing some fun stuff over lunch yeah, look, i love the creativity that runs through our organization it really is one of the key values that we look for in everybody that joins chipotle. It shows like fun things like a virtual prom we care by the way, i dont trust the food chain as much as i trust the chipotle chain well, look, i have to really give a huge hats off to carlos he runs our supply chain group theyve done a phenomenal job of keeping our food with integrity ingredients in stock weve had some challenges here and there, probably have a few more as we do reopenings for the most part, jim, weve been very fortunate to have the food that you crave, your team craves, and have it available for you guys sometimes a little food in these times goes a long way for people to get together around the table. It makes us so happy. If you were there, you would be like oh, my god, those guys are insane anyway, thank you so much for coming on, brian niccol, chairman c. E. O. Of Chipotle Mexican Grill. Good to see you. Likewise, jim thanks for having me take care. I switch to the bowl. As you get older you have to make adjustments 9 bowl is makes me thinner than the burrito yes. The first word to any adventure. 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. What did we do with the big cosmetics launching like ulta beauty in this incredible difficult period where we have a pandemic and civil unrest most locations were closed they told a terrific and encouraging story about investment in Digital Business and store reopenings they say the vast majority will be open by june and stock rallied friday this weekend came along, some of the stores were damaged in a couple different cities. Thats probably why the stock got hit even though it caught a great upgrade from aaron murphy, piper sandler, great report. What does this turmoil mean for a chain like ulta . Lets take a closer look with the c. E. O. Of ulta beauty to find out more about how her company is doing in this challenging environment. Miss dylan, welcome back to mad money. Thank you, jim. Its great to be here. It looks like the pent up demand for ulta stores as you open them up is just incredibly strong while your glam lighten gaugement is great, too. Its clear people want to come back and shop in the physical store of ulta. Well, thats right. First of all, obviously its been a challenging time for everybody. Im thrilled that our guests are showing us that they really want to come back and engage in beauty so, as you know, we had to make the difficult decision to close all of our stores in march, and then we became an ecommerce business overnight our Ecommerce Team delivered with such speed to meet the guest demand, and then as you know we also opened up curbside a few weeks later. And calling it ulta beauty to go our guests respond pd tremendously well. The first 180 stores we had open in the first few weeks, their total sales were similar, very much a year ago, just different by channel, of course. So far so good its early and as you know theres a lot happening. I thought what was incredible, i wish people knew how incredible it is you had those numbers without the stores most companies that have tried to do this have not been that successful well, there is pentup demand for beauty we saw that happening. Theres many, many weeks ahead of us to see how this unfolds. Im thrilled about the fact, standing here today, we have about three quarters of our stores open for curbside, ulta beauty to go 50 fully open for retail. Weve been taking it stepbystep, making sure that were opening in the right way and making sure were really caring about the health and safety of our associates and our guests so by the end of june we should have most everything open. One of the things thats pretty clear is if youre going to get a recession category that may be as close to recession proof, it is hair care, makeup, skin care. Are you seeing that numbers just hold up even with an Unemployment Rate thats unimaginable well, i would say this. Listen, ulta beauty has been around 30 years. Were not recession proof, but weve got a really strong Business Model we sell, we call it all thugs beauty in one place. Masks, prestige, makeup to hair to skin care it allows us to participate and meet the guests where they are and what were seeing is that when this whole thing first started with the pandemic, certainly people started to buy things like hand sanitizers and soaps. That was the immediate need. And then it evolved as you can imagine to doityourself, do it at home kinds of products, hair color and nails and things like that then it evolved to a place i think was interesting, which is more about selfcare and that intersection of beauty and wellness and selfcare is very important we saw our guests really love to do things like do more skin care, do more hair masks, use more scented things in their house. So thats we took all those categories as people are going back to work, whether its on a video call or not, certainly looking professional, doing your hair, do your makeup is an important part of the ritual that is happening. Lets talk about the doing the video from home. As you all know, the great heese lauder c. E. O he said people dont care how they look on zoom. Its like holy cow, it turns out that theyre looking at themselves, others are look at them and they have to get madeup. 300 Million People on zoom have you seen some demand from that well, you know, i think its early to say weve certainly seen skin care trends accelerate and makeup as well as people started to participate in the curbside pick up, its relative to what were seeing. Its early i think ive seen this anecdotally with a lot of folks. When you were doing audioonly calls, you could look however you wanted when its a video call you want to present yourself in the way you would look normally at work. Some of those rituals are coming back lets talk about the tragic events this weekend. I guess about three years ago you gave a talk at wall street journal. It was a panel and you talked about the opening of a store in hyde park. And you went there and you werent happy with the representation of women there and you made some changes that showed youre well ahead of the way people are thinking about these things well, listen, at ulta beauty, we place such high importance in celebrating all the beauty around us in all forms and all ways people express their beauty and, yes, i feel as an industry and certainly as a company this was seven years ago now but we had some way to go to really represent the beautiful diversity of our country when you come into our stores today, im so proud of this. Our general managers tell me this all the time. My salon managers. They say the images we show represents all women and men and people who are nongender binary, people of all races and all ages, and thats really important. So for me i feel like were doing the part that we can do to really listen to our associates and our guests and represent beauty in all of its beautiful dimensions you had some stores that were damaged. Youve always been in all sorts of different neighborhoods how are those how can you bring them back online, how soon we certainly have had some stores we had to close over the weekend. Just stepping back, we had a town hall on friday that i have every friday after the call. We had over 2000 people on the call because we did it all Via Teleconference and one of the things i talked about there was the unfortunate situation with george floyd and what that means to our employees and our associates and our guests we see the continued difficulties that exist, the combination of the pandemic as well as this issue that was really sad to see. And one of the things we talked about was we just need were not going to solve it all, but we need to make sure were a place we can talk to each other and learn from each other about how were feeling about this now, vk said that, and we certainly support peoples right to protest this went further over the weekend and many retailers unfortunately were affected. Were working hard together to bring back the economy, to bring back our stores for our guests and to keep our guests and our associates safe. Well do what we need to do to keep our guests safe and our associates safe which means we closed a lot of stores to make sure they werent in that situation. Im sure we will bring these stores bark. It will be fine, but right now its challenging well, look, i have total faith that you come to that june deadline maybe stores open up, it will be a huge year for ulta beauty. Mary dylan, c. E. O. Of ulta beauty thank you so much for coming on mad money. Thank you this may be a terrific time to buy this companys shares before they actually reopen. Dont forget they have a aja gigantic ulta mates. You should go on the site, their rewards program which is the biggest in the country mad money is back after the break. At cdw, we get that trying to simplify data storage can get very complicated. But cdw will assist your needs and implement a dell emc unity xt allflash unified storage platform. It delivers speed and efficiency, while providing simplicity and flexibility. For unified storage platforms, you need dell technologies, and it orchestration by cdw. Unemployment probably around 20 , serious unrest sweeping the nation, isnt it time to go allin on gold i always say get gold in some form as insurance against economic chaos which is why its been a great performer this year thats why we need to be care of the. Cities all over the world are burning. It hardly budged today its supposed to make you money in times of chaos. The fact that it did next to nothing today is not a good sign for gold of course, Precious Metals at 1,738 not too far from its alltime highs, what if youre late to the party . What if the rally is running out of steam to answer that we have to go off the charts with the help of carley garner who called it right the whole way. Shes a brilliant technician cofounder of the carley trading, author of higher probability Commodity Trading and commodities expert get a better read on gold. Right now gold has momentum. The shutdown has been good for the shiny stuff. But garner has been following the precious metal long enough to know it looks like what it looks like when a gold rally starts running out of buyers and thats what she sees here. The problem with gold is its a feast or famine market you get joyous rallies like we had so far this year theyre followed by agonizing declines which is what shes worried about. What makes her so concerned . Garner has picked up a lot of mixed signals here first, this is an historical chart. Not the price of gold. Historical chart of the seasonal action in gold prices from the Moore Research Center Incorporated typically tends to trade sideways or go lower over the comer. In short, the seasonal pattern is against you through mid august garner points out gold prices tend to firm up in september, but a lot can happen before then to trigger a major correction. Really major on the other hand, we have a weakening dollar that should give the precious metal a boost. Usually does its a of priced in u. S. Dollars. When the green back goes down, gold goes up check out the daily chart of the dollar index which measures our currency against a basket of foreign ones for garner one of the most remarkable things about the gold rally is it happened against the backdrop of a strong dollar. While the green back went higher, gold went higher, too, which is the opposite of how it normally works this time they were able to trade in the same direction because of the covidinduced shutdown which created all sorts of bizarre action. Lately, though, the dollar has begun to weaken in part because there is less foreign cash swamping our markets taking advantage of higher interest rates. Its not that much higher than the rest of the world. Zbarner expects the dollar to trade down the bottom of its range in the mid to low 90s where the trend line gives it a nice floor of support. If shes right, thats good news for gold so the seasonals are against you, but the dollar is on your side if thats the case, why is garner so concerned . Right now take a gander at this monthly chart of the gold futures which includes the c ftcs commitments of traders or cot report this is one of my favorite tools out there. It tells you what large speculators, small speculators, and commercial hedgeers are doing with the given commodity what we care about is this group, the large speculators thats what matters. Thats the money managers. And based on the data, garner thinks too many of them are bullish. In other words, the trade is getting overcrowded, always a bad sign earlier this year bulls set an alltime record with a massive potion of 336,000 contracts. According to the last report, that number came down to 238,000. After last weeks buying spree, garner is betting the numbers once again approaching 300,000 in other words, were getting close to a point where the bulls run out of fire power. When everyone is positive, that means theres no one left to buy. Gold is not quite there yet, but at some point garner predicts the buying will dry up so how about the regular monthly chart of gold futures . Lets take a look at this. Okay, garner points out that gold has a ceiling resistance at about 50 bucks from here, near 1800 theres the ceiling thats holding it back. The buyers ran out of ammunition, Precious Metals will have a hard time breaking through that ceiling theres another ceiling at 1900 where gold peaked in 2011. Thats kind of interesting, right . But garner suspects thats not in the cards gold has tried and failed to break out above 1800 since the 2011 peak. In short were coming up against a ceiling thats held the precious metal contained for nearly a decade. I mean, thats this thing is a roof its not just a ceiling. Its an ironclad roof. What else . Garner pays attention to relative strength index, the rsi down here. Its an important momentum catecate indicator. Its nearing 75. Gold is close to being overbought gold rallies tend to get overheated in the past she points out rsi goes into the 80s before gold peaks. It may be overbought now, but it could get overbought before this rally runs out of steam. Thats especially true now that we had the weakening dollar i showed you zbarner is not saying you need to sell now. She expects gold could still have one more leg higher, but after that next leg, she recommends taking profits. Gold is feast or famine kind of commodity. Look what happened the last few times it reached similarly overbought in 2006, happened in 2009, and 2011 each time, whoa, we got a rapid correction gold plummeted 24 from its highs in 2006. It plunged 33 in 2009, 38 in 2011 put in perspective, similar break down from these levels means gold could go to 1200. Put it all together, garner says you have to start lightning up here this is not the time to be aggressive while the gold rally could have some fuel left, the charts as interpreted by carley garner suggests we might have one final leg higher followed by what could be a devastating break down you might want to think about selling some gold into strength here after its amazing run im with carley on this one. Philip in new jersey philip caller hey, jimmy chill. Yoyo fantastic. Caller first time caller shout out to my dad in rochester who got me involved in investing. I want to ask about aly. I picked it up based on your recommendation at 55. The market dropped a few days later from covid news, the stock bottomed out mid 30. Since then it stormed back into the 90s, approaching its alltime high after a great earnings last week first i want to thank you for the recommendation and next i want your take on the longterm picture for ali. I always like to give credit, okay matthew boss at jpmorgan was the one who told me its time to buy ollies. I was critical mark butler is ollies i dont want to give that run back i say take a little off the table. Will in new york will caller hey, jim, big bo bountiful booyah from brooklyn hope things get calmer there. I understand the frustration how can i happ caller acc campus communities, student based reit, housing for disney, very cool stuff, but i cant see them selling housing by the bed in a condition like this. Furthermore, q2 only time you can show student housing, almost over if they cant show the income on assets, assets will get devalued, no new debt, you know the story. What do you think . I am not a believer in going to college and paying 80,000 and being able to come to school sometime and not others. So i am cool on this particular segment as i would be cool on colleges if they were stocks i feel terrible, but thats how i got to call it as i see it all right, gold has been incredible this year the charts break down, consider selling into strength, please. Need better sleep . Try natures bounty sleep3, a unique trilayer supplement that calms you, helps you fall asleep faster and stay asleep longer great sleep comes naturally with sleep3. Only from natures bounty. You know, the chef here trained in france. Mmm, it shows so good. Oh hey, did you say you needed help with investing . Because i know someone whos really great. And you trust him . Totally. Yeah. We went to school together. Ill check him out on investor. Gov. So, whatll it be . Ill just have the burger. Before you invest, get the full report. Check out an investment professionals background for free on investor. Gov. Before you invest, investor. Gov. Truly transformative sleep. So, no more tossing and turning. Because only tempurpedic adapts and responds to your body. So you get deep, uninterrupted sleep. During the tempurpedic summer of sleep, all tempurpedic mattresses are on sale i see all the Amazing Things you have been doing. You are transforming Business Models, and virtualizing workforces overnight. Because so much of that relies on financing, we have committed two billion dollars to relieve the pressure on your business. As you adapt and transform, were here with the people, financing, and technology, ready to help. Were committed to makinge, ficollege more accessibley, by making it more affordable, thats why were keeping our tuition the same through the year 2021. I knew snhu was the place for me when i saw how affordable it was. I ran to my husband with my computer and i said, look, we can do this. [narrator] take advantage of some of the lowest online tuition rates in the nation. Find your degree at snhu. Edu. Announcer lightning round is sponsored by Td Ameritrade it is time its time for the lightning round. Rapid fire calls buy, buy, buy sell, sell, sell. [ buzzer ] and then the lightning round is over. Are you ready, ski daddy time for the lightning round start with steve in tennessee. Steve caller jim, thank you so much for all you do, my friend you taught me how toe make some dough in this crazy market good. Whats going on . Caller listen, you taught me Quality Management team, solid balance sheet, these guys are a play in Optical Networks they sell their cloud in 5g telcos they compete with Chinas Huawei what do you any of sienna, ciena . Buy buy, buy, buy i need to go to shane in florida. Shane caller boon in south florida. Cgen, jim, is this a keep or a sell right or wrong pea its a spec, its a gentlemgenomic spec its going to come under my i think its worth it for a spec view lets go to jeff in colorado jeff caller hey, jimmy chill, how are you doing . Chill mans good. Whats going on . Caller this is jeff green wood in lakewood, colorado outside of denver. Couldnt be better. Caller i have a twopart question for you number one, about a year and a half ago boeing had those accidents and they dropped in two days it was 420 to 394 so i sold it. Okay. Caller now, i took half that profit back then, and im not a stock expert, but i watch you every night for ten years. All right, thank you. Caller but my question is with that money that i lost in boeing, ill try to get it back. Okay. Caller i thought about a lot of things that i do have, most of them which i dont any more caller and what stock is it . Caller i bought clorox clorox a is fantastic buy, buy, buy that is one of my favorite situations to be in and a brand that turns out to be uighbiggera they thought, going to europe. Lets go to mark in wisconsin. Mark caller jim, thanks for the heads up on the stock, i believe it was switch. I bought some of that. The stocky got for you today is on semiconductor on semi, i think its fine. I have so many better ones i have nvidia, ive got amd. I think those are both better. I think you should fool around with those thats not fooling around. That thats investing lets go to chuck in florida. Chuck. Caller bababa booyah, cramer long time watcher, first time caller hawk no, i dont like the demo demographic is mine. Thats too old [ buzzer ] lets go to jana in california jana caller hi, mr. Cramer. My stock is cldr well, they did that merger. Its finally coming together i thought the merger was going to be instantly good so i was premature i think you have a winner there in cloudera. I need to go to cassy in new york cassy. Caller this is cassie from new york go ahead, cassie, its jim. Caller i want to know about International Paper. The problem with International Paper is its got know growth, and that whol industry has got too much capacity so i am going to say no to International Paper. And that, ladies and gentlemen, is the conclusion of the lightning round [ buzzer ] announcer the lightning round is sponsored by Td Ameritrade what do you look for when you trade . I want free access to research. Yep, Td Ameritrades got that. Free access to every platform. Mhm, yeah, that too. I dont want any trade minimums. Yeah, i totally agree, they dont have any of those. I want to know what im paying upfront. Yes, absolutely. Do you just say yes to everything . Hm. Well i say no to kale. Mm. Yeah, they say if you blanch it its better, but that seems like a lot of work. Now offering zero commissions on online trades. We charge you less so you have more to invest. Is helping lower income communities good for business . Its a question that goes beyond all truism, especially in the wake of this weekends unrest. Im going to give you some examples, recent examples we talked about, some over the years. First theres the ptech program by ibm that gives inner city kids opportunities davis, the founding principal of the pathways of technology, ptech told us, it gives them rigorous education to compete in an a. I. Driven world 200,000 students, chicago, brooklyn because this is a show about making money in the market, we haveto ask, can it help ibm . Oh, it sure can. Means they can hire the best of the best there are tons of incredibly talented people in this country who never get a chance giving them that chance is good for businessness of course, thats not why they do it. They do it because its the right thing to do. Another example is Marvin Ellison of the show, the c. E. O. Of lows ooes. I was struck by his note to his employees this morning tensions are been rising ased economic crisis has upended lives, so has the racism that for far too long has torn families and communities apart, end quote. Ellison goes on to explain he glue up in t grew up in the segregated south and his parents grew up under jim crow he faces experiences his teammate is experiencing hence neighborhoods and communities. Its hard to think of these personal thoughts of money marvin doesnt go there. He talked about how lowes is giving 25 million to minorityon the other hand businesses what else . Target has had to close many stores, minneapolis, their hometown got looted and burned c. E. O. Cornell put out a widely circulated note that seemed heart felt and to the point. He begins by saying, and i quote, we are a community in pain, end quote. He explains that target is doing everything it can to supply demonstrators with truckloads of first aid equipment, other necessities. Not long ago brian took me to see a new target on flatbush avenue in a lower income part of brooklyn major retailers for years shied away from this area. They didnt think it would be profitable they thought the community was too in poverty brian read it the other way. He saw tons of hard working twoincome families looking for a nice place to shop he bought two soccer fields. Right thing to do. It offers onethird fewer sports than sportsteam than lower poverty schools. Dick Sporting Goods supports, the chairman c. E. O. Will point blank mention his nationwide initiative to help kids from under served schools, School Districts play sports. Its made a difference in the lives of thousands of young people in truth, there are way too Many Companies with programs like these for me to single them all out. I bring them up because bizarrely we live in a world where many c. E. O. S have become leaders in the fight for racial and social justice no, they cant indict, they cant legislate. They cant spend the kind of money that only the fed government has at its disposal but man, at least theyre trying to do something. Thats a heck of a lot more than Business Leaders used to do and many politicians do now. Stay with cramer and dont miss crisis in america, a special hour with my friend Andrew Ross Sorkin tonight at 7 00 p. M. Eastern. At leaf blowers. You should be mad your neighbor always wants to hang out. And you should be mad your smart fridge is unnecessarily complicated. Make ice. Making ice. But youre not mad because you have e trade which isnt complicated. Their tools make trading quicker and simpler so you can take on the markets with confidence. Dont get mad get e trade and start Trading Commission free today. Dont get mad get e trade and start trading okay, give it a try. Between wisdom and curiosity, theres a bridge. Between ideas and inspiration, trauma and treatment. Gained a couple of more pounds. Thats good for the babies. Between the moments that make us who we are, and keeping them safe, private and secure, theres webex. Beautiful. After the close today, starbucks had an announcement, but it really was an announcement it was exactly what they were saying before, yet the stock is trading down sometimes thats worth some great opportunities. Also i felt the chipotle interview made me feel theyll get the stock much higher. The gainer wynn here and the end of the year, ulta, a fantastic loyalty approach, and i have to tell you some loyal customers. I like that story. I like to say theres always a bull market somewhere and i promise to find it for you here on mad money. Im jim cramer, and i will see you tomorrow crisis in america, tonight the problems on both fronts, the virus. Well get to the underlying issues, from income inequality, to questions of fairness on reopening the american economy. Plus. My class had 1400 kids in it. There were nine africanamerican kids. The personal stories of ceos. Its been a roller coaster ride for the last 48 hours. And Business Owners caught in the