The nasdaq up 1 and s p 2. 7 and dow declined 86 points were about to get a set of u e unbelievably set of big numbers but frankly, its horrifying if you think about why they are thriving this week we hear from walmart, from home depot, lowes, and target and if their stocks get hit for any reason, you have to buy them because these major operators are up against general merchandisers, hardware stores, Sporting Goods and lumberyards that cant compete because they were deemed essential and i fear they will never get lost customers back, not with prices big guys charge. The winner haves so many advantages over the little guy im amazed there is any competition whatsoever i feared that there wont be and thats driving me nuts i love when these big household names go higher, but i hate when the reasons they are going higher their Small Business competitors are being wiped out. A lot of these smaller outfits have been able to hold their own before covid, but now the big guys have crafted phenomenal sameday Delivery Services that only amazon can beat anyone whose used shipt knows you can get stuff within an hour mom and pop outfits cant compete with that in the age of social distancing. We hear the economy is going through five years of Technology Change in a matter of months but that also includes retail, and now that ppp has run out, that Government Program that gave you some money, now everybody is left to their own devices, if anything it even worse for restaurants where ppp was so valuable. Dominos announced it needs 20,000 more delivery experts, pizza makers, managers, assistant managers lets brainstorm do you think they are hiring people because of a surge in demand for pizza versus burgers, versus chicken versus anything else no they are taking share from smaller pizza parlors relying on Indoor Seating and cant have the same delivery infa truk tour there are plenty of restaurants that are making do without door seating. That goes away the moment the weather gets too cold and if youre to crowded, the authorities might shut you down in a heart beat. My twitter is filleding restaur have a following thats not the point until we get a vaccine, the follow is cut in half because of the physical distancing in the bar and restaurant and the state doesnt want lines out the door, either there is a liquor issue. For some reason, the real money is in drinks growing up my dad would never let us start drinking until the food came because thats how they got you a lot of pizza parlors have seating outside where they can serve alcohol and those are being cut in half. They have to take them out if they cant have people inside, think new york city, its devastating throwing the extortion demanded by the Delivery Services combining anyway to not lower prices, a lot of these places will not be able to stay in business and will be gone within a matter of weeks. Dominos, this is why they are getting ready to poach people. Dominos doesnt make the best pizza in the world but i can put the tip on the bill and put the pizza on a contactless pedestal that makes you feel more comfortable than ordering from the local guys it like when you were little and ring the bell and run away, thats what they dont it great. Papa johns and pizza hut are set up for delivery, too wing stop, i think that. When we get delivery orders, we use our own waiters. Its less lucrative than having people eat in the restaurant and have a good bottle of wine and the parent of kfc, pizza hut and taco bell to handle a dramatic decline. One of the biggest franchises may have to close 300 locations because of the in store dining issues its a buy if your local pizza parlor was publicly traded, short that until the cows come home chipotle is so good at digital they are doing better than ever. I wish that 1200 stock would split so many home gamers could own a piece of the property. I want them the cfo, give us a chance to own a piece of chipotle some recommend the parent of chilli chilis the fewer people in the restaurants, the more likely the smaller outfits will go under. Its a win for brinker if they can lure other people from other restaurants with their takeout how are these big chains so much more profitable . Because they are big its all about scale chipotle sells the best f izzy water in the world from mexico they sell it forle less than i sell at my restaurant. When you buy in bulk, you get lower prices starbucks could be in the same category if youre a landlord, you want a starbucks on your property they will pay the rent but maybe not as much as you want. It beats being empty big box chains, their scale lets them buy stuff at low prices youll hear that tomorrow when walmart reports. I remember the former cfo said some managers would buy their shirts from costco because it was cheaper than buying from suppliers. What does that tell you about the prospects . That was before covid made life harder. Most people dont realize how precarious these businesses are. There was an amazing piece this morning titled fitness wars, Planet Fitness traffic monitor update we see stabilization ahead turns out in georgia, florida and texas Planet Fitness is seeing 61 , 58 and 53 of the normal traffic not so hot, right . Hold it. According to jeffreys, there are 35,000 independently owned and operated gyms in the United States they dont have deep pockets like Planet Fitness. Many are more expensive which isnt great in a recession and harder to keep clean a lot of independent gyms will probably go under and a lot will go to the big ones like Planet Fitness. For months the Paycheck Protection Program kept a lot of small operators in the game. It over and congress couldnt compromise on a new deal and the senate wont be back in session until september 8th, which means Small Businesses that need a bailout absolutely wont be getting one any time soon which is why i thought to get that done and failed. Im a tv guy but i did try to bring them both together you can argue this is how capitals are supposed to work. Survival of the fittest. Isnt that great i probably agree but this is an extension level for Small Businesses, for 15 Million People i dont know about you, id rather live in a world with big businesses and small ones than a world where the biggest operators can survive. We need more than pizza hut and kfc and olive garden men cannot live on bread sticks alone. Unfortunately with costs staying the same not like landlords are slashing the rent, meaning you can seat half the number of customers, a lot of independent restaurants cant survive. I doubt they will be able to hold out that long unless they are being run as a labor of love rather than making money so leahere is the bottom line. When they report this week, this could be the last quarter they face significant independent competition founded by ppp after that the small guys are immersely done, done, thanks to a pandemic nobody saw coming and a Political Class that cant get the job done luckily for your portfolio, mom and pop outfits arent publicly traded, which is how the market can keep roaring despite the Small Business devastation im going to ray in maryland, ray . Caller hey, jimmy chill thanks for taking my call. My pleasure caller so im a 19yearold invest tore. The earnings came out two weeks ago big on the top and bottom line but the stock is trending even lower since and has a robust pipeline including a partnership with bristol myers, a company you like in the past what are your thoughts short term and long term on ticker exel i like it very much ive been recommending it since i had a biotech project that i put together when i worked thestreet. Com before it was acquired i had a great internship program. We got together to work on this one book of bioteches and that was my favorite. How about we go to guss in virginia. Caller jimmy chill, thank you for all you do for us. Thank you. Caller my question is on a stock i own. They reported great earnings last week on both the top and bottom estimates but jim, somehow after the earnings and Conference Call the stock dropped 15 and still down this week jim, can you help us to understand what is going on with this stock and the future value of angi, Angie Home Services i was quite surprised that this thing dropped i think its a buying opportunity. I think its a Great Company they put together a remarkable business together and guss, i, too, was mystified by the decline. Let go to satish. Caller booyah, jim. Booyah. Caller ive been watching the show since 2008 and im honored to speak with you today. Im thrilled that you called. Caller i want to talk to you about shake shack. Sales are down by 49 but on squawk box about the digital ordering, drive up windows with all these things considering is it time to hold it or should i sell just to get the pending . I happen to love to eat there but we try to be unemotional about things on mad money and the company with the best same store sales is chipotle because they havent split the stock most people wont buy it and therefore, wendys is a default. Wendys had 9 same store sales and such a great manager so i say wendys down 3 today is your best bet thats what i would do the big retailers and restaurant chains are winning all right . Which is great for you, but horrifying when you realize why. On mad money tonight im sitting down with an under the radar covid player worth considering and a chinese ipo raised more than 2 billion between u. S. And china what does the future hold for ke holdings ill give you my take and i have the smartest audience of the planet which is why im happy to circle back on names you stump me on. Dont miss my exclusive with a company i wish i heard about ten days ago and it called grow generation 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 1800743krshl cnbc. Miss something head to madmoney. Cnbc. Com. We made usaa insurance for veterans like liz and mike. When their growing family meant growing expenses, our agents helped make saving on insurance easy usaa. What youre made of, were made for. Usaa find a stock basedtech. On your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Simon pagenaud takes the lead at the indy 500 coming to the green flag, racing at daytona. Theyre off. In the kentucky derby. Rory mcllroy is a two time champion at east lake. He scores stanley cup champions touchdown only mahomes. The big events are back and xfinity is your home for the return of live sports. A lot of people want to bet on the Covid Vaccine plays but i think thats a mugs game. We dont need 30 different vaccines we need maybe two or three at most those are bad odds when you consider that dozens of companies are competing here think of the vaccine race as a gold rush. The best way to get rich is not with the minors but the companies that sells pans and shovels and i recommended thermal fisher and dno a month ago. Both up nicely in the wake of very good earnings tonight i got a new one a. Leading maker of life sinces and diagnose not ti diagnostic equipment it is one of the First Companies to get emergency authorization for the coronavirus pcr test back in march followed by an Antibody Test in may and a few weeks ago, they got approved for a dry blood spot based Antibody Test when they reported at the end of july, the company shot the lights out delivering a gigantic top and bottom line beat while some is baked in given the stock doubled, i think it might have more room to run. Let check in with the president and ceo of perkin elmer to get a better since where his company is headed, dr. Singh, welcome to mad money. Doctor, we got to get right down to this. A lot of people say how it is possible we dont have enough testing or enough machines how hard are they to make sir . Sure, its not the ability to make the tests i think the challenge is to provide Turnkey Solutions so there is a rapid turn around time and the Work Flow Solutions are available for our customers and this is why at the beginning of this pandemic, jim, we were able to leverage the full work flow solution and capabilities around the globe to provide it for example, when you look at covid testing, we dont look at it as one test but a full solution for example, when were directly testing for the antigen, you need the automated rep and rpcr. We have been fortunate we have capabilities across the globe that allows us to provide the Work Flow Solutions for our customers. The side weve been able to do the same. Lets talk about the deal you have in arizona. The governor announced this is july 9th a collaboration with the labs, market share in arizona the lead leader with perkin elmer i was thinking holy cow, every college in this country should do this kind of deal for you. Yes, jim, were actually doing it with a lot of states across the country and also across the globe you might have seen the press release that we have similarly, there are several others maybe partnering with our customers in the state and in some cases directly with the state labs to bring a full solution to our customers. Now, i think its important in this age of where there is such geopolitical tension, you have always had a great relationship with china and you, what, do serology in china right now were not providing any solutions in china but leveraging some capabilities and presence in china to bring products into other regions around the world or in asia and you a europe. I got it. I was looking at help combat covid19 across the globe from that recent presentation you guys did now, jp morgan has a piece that just came out which basically says be careful, there are Many Companies in pcr it entirely possible it over crowded and per k akin elmer ha big move i dont see why anyone would think youre apples to apples. Youre doing a customer driven product. The other guys may have something, a man but they are not offering customer driven product. Its a very good point, jim i mean, again, as we look at testing, you know, it is not just the availability of a pcr test anybody can make a pcr test. Right. There are several other elements that play a role and this is where we excel you know, over the past decade, we have been building capabilities around this, jim, but it is around diagnostics or life sciences. Were at the early stages of this growth and as covid has become a point, weve been able to bring all of these solutions to front you need the ex traction capability without that you cant do the pcr test as it plays out today and today for example, we launched our explorer automated workstations, which brings automation in a format so our customers can do up to 10,000 samples per day or year and this is the strength we bring to our customers. So when you get up in the morning and you read that yale has a saliva test they will give away, is that something you say ut oh, perkin elmer will be threatened by that actually, thats a very good example of an invasion that helps us you might be aware about 8 to 12 weeks ago, we worked with our partners that brought a saliva test to the market the thing is, thats a mode of collection you still need to provide the automation to scale this up to be able to do thousands of tests per day. And you will always need the pcr test so while it a great invasion, it doesnt exclude all the other pieces of the puzzle that are needed for testing to be done at a large scale level. I wish the journalist would be as clear as you were just now. A lot of people are getting this story wrong so i really appreciate you coming on mad money, sir. Good to see you. Thank you very much, jim. Thats dr. Singh, president and ceo of perkin elmer. Did you listen to that its not as simple as the saliva and go the journalists are doing you a disservice, this is a much more complicated situation. Mad money is back after the break. gentle music [presenter] stand up if you are. audience applauding dramatic music i will tell you this. Southern New Hampshire university can change the whole trajectory of your life. Now you can trade stocks and etfs for any amount you choose instead of buying by the share. All with no commissions. Stocks by the slice from fidelity. Get your slice today. The trade war with china keeps heating up meetings postponed indefinitely, the tiktok ban and sanctions over a hong kong crackdown but you wouldnt know from the stock market so far this year, we had 19, 19 chinese official public offerings, more than 15 of all operating company ipos on the United States exchange are from china. You heard me this morning. On squawk on the street you heard me say stop this washington may have a problem but wall street keeps lapping up these deals and last thursday we got the biggest chinese ipo of 2020 k. E. Holdings their largest digital housing platform symbol beke remember, these are like chinese this, chinese that this came public at 20 and jumped to 35 and change before closing and pulled back on friday and another 17 today closed at a new high under 39 according to remembnaissance capital, this is the biggest firstday pop for a billiondollar deal in 20 years. Now im seeing a ton of interest in these newly minted companies so tonight i want to remind you chinese ipos have a checkered position no, historically a dicey proposition to be more statesman like you look at the latest round of deals that hasnt changed at all. This has nothing to do with the trade war or white house ive been cautioning against emerging market ipos and chinese ipos specifically since long before Trump Took Office id like to think some of the people in washington realize this stuff way after we did here on mad money. China in particular has much weaker security laws than we do which means their stocks are always more of a gamble. There are rare cases where that gamble is worth making i recommended alibaba bef