We have three markets. Maybe even more. After a day where the dow advanced 39 points, s p declined. 05 , nasdaq did one point, i want you to forget about the averages for a second or a week or a year or until the end of the pandemic. Thanks to the onslaught of the coronavirus, something that no ones ever seen, were seeing Something Else thats incredible not just the complete untethering of main street from wall street, but the disentangling of even small publicly traded companies and medium size ones from the big dogs that have it easy and can handle this hellatious moment. We all know main street isnt wall street. When we get another hideous jobs loss claims number like we did this morning, now were seeing more separation, that is its stunning. In my 40 years of investing, i have never seen anything like what im about to talk about so im going to walk you through what could amount to a destruction of a fair share of American Business that incredibly might not impact much of the stock market. At least when it comes to the markets, individual stock capitalizations. Right now the stock market is divided into three buckets first bucket, the companies that are big enough and deep pocket enough to ride out this quarantine no matter how long it lasts. Big businessnesses with great Balance Sheets are investable because ber we know eventually theyll be just fine theyre especially investable when their stocks got hit on potentially fake news. Like what we saw chinese did, remdesivir doesnt work on covid19 the word in the hospitals ive been in touch with has been quite positive on this drug when used correctly, which is one reason the stock was able to bounce a little bit off its lows mainly, though, you have a whole host of well funded Large Capitalization Companies that have the wherewithal to simply outlast the pandemic and so therefore you buy them on weakness second bucket, the companies that have been able to think on their feet, innovate and actually come up with solutions to profit, profit from the crisis they dont like to talk go it like that, but i can these companies have good Balance Sheets but theyve gone above and beyond the first bucket look at zoom video how much have we loved that company . Up another 12. 5 today third bucket, the losers the house of pain this is by far the biggest bucket when it comes to the number of companies and their myriad employees but not the capitalizations. Any company that needs credit, any company thats desperate for nonexistent demand, any company that makes solid loans that are now risky loans because of the pandemic, theyre all in trouble, all of them there are a ton of companies in that bucket. Although for the most part, theyre too small or medium size to have much impact on the overall averages problemably because the stocks have already been eviscerated for example, macys, i hate to pick on macys because i love the store. My first credit card was a macys card. It is currently in dire straits over the tiny 1. 5 billion market cap its not that much of a needle mover. The most important thing i heard was our terrific mayor, i wont even say his name because hes that terrific, said yes to having fireworks from macys thank you. Thats forward, very solid lets go in r over each bucket in more detail starting with big business with deep pockets classic example, early this week ibm, you know that company, they reported and after interviewing the c. E. O. , the new fella, arvin krishna, he brought in red hat one of our faves to help customers. Go to Amazon Web Services or microsofts azure or google cloud. I think theres enough room for everyone in the Cloud Business thats growing so fast ibm has a leg up with businesses that need good encryption. Think chinese stealing your data at the same time heeds committed to preserving the juicy dividend ibm reports a good quarter, stock gets clobbered i tell you to buy it Balance Sheet is good and business it fine its now back up to 121. I think its going higher. Second example, the rails. Union pacific, long my fave. All aboard. Yes, the big west Coast Railroad reported socalled weak sales, cargos were out weak to subpar, exception of grain going to our friends in china, and beer hey, who doesnt like beer both of which are thriving but Union Pacifics done a remarkable job of cutting costs in recent years. Its so efficient that even with lackluster sales it was able to crush the earnings estimates hallelujah. I bet they keep delivering even if the economy takes a long time to recover. They pretty much said that oh, and by the way, management committed to keep paying its dividend which currently yields 2. 55 , great Balance Sheet of course that pay out is save it rallies 5 or 3. 5 . Most people thought the stock would be down. Theyre not thinking about the new normal how about the second bucket . All right. These are companies that were made for this moment, the ones that thrive in this new stayathome economy easy ones amazon, walmart, costco, hey, we saw it today with target. The point is to carve out the whole retail space leaving almost no one other than home depot and lowes even before covid19, these companies had the scale to get products much cheaper than their smaller competitors which always allowed them to offer you lower prices now that so many smaller outlets have been forced to shutdown already, the Big Box Stores and amazon own the whole industry. Especially if they were smart enough to start carrying food. Im going to throw this Dollar General as an afterthought Brian Cornell told cnbc this morning in april alone digital growth up 275 weve just seen cyber mono can you remember almost every day, but the volume is twice the size of a normal cyber monday, end quote. The stock was down today i bet analysts rally behind it especially when shopify talked about black friday their stock jumped the next day and the next day and the next day. Who else is made for this moment how about Kimberly Clark and Procter Gamble especially consumer toilet paper because of all the social whatever were practicing, physical this is or that our producer isnt here. She scored an 8pack of toilet paper. I mean, holy cow, white gold yeah commercial toilet paper the kind in the workplace so, hormel, spam, thats a keeper schmucker, peanut butter, the expensive pet food we feed our dog. They dont know the difference also oreos theyre crushing it talk about liquid gold when it comes to idex labs. Look at this if youre going stir crazy you going stir crazy what did chipotle tell us . Just drivethru the chipotle lane those guys know what to do then theres the shelterinplace place zoom, video, ring central. How can i help you z scaler Cramer Family fame crowd strike all these Companies Make it possible for you to seamlessly work from home underneath is a whole infrastructure of Cloud Infrastructure yes, data center names, everything from Amazon Web Services, microsoft azure, alphabet, digital realty, nvidia, amd. Intel is different the socalled quarter causes weakness in the ones i just mentioned, buy them. Third, stay at home. Wrinkle the companies that prevent you from going crazy when youre stuck inside restaurants like dominos that deliver, you know they got a pizza pedestal now they dont just put it right on my saggy i dont know if youve seen my porch its awful we have netflix, video game publishers you get it finally, theres the unfortunate third, and these are the ones we have to talk about these are the knz that might require bailouts 0er are requiring bailouts that are closing the doors, that may be nearing bankruptcy because they need credit and cant get it banks are in the leaky bucket. Oils almost all retailers, airlines, travel and leisure, hotels, you name it. The third bucket actually reflects the very real weakness in the economy its the bucket people keep saying why isnt the market down this bucket is down. Its like the 22 million jobs lost over the past five weeks. These troubled companies are like the Small Businesses that need money from the Payroll Protection Program getting reupped by congress. Some abscond with the money. The third important thing the third bucket is the bigger than the first two when it comes to employees and when it comes to the fabric of our society which is why its so tough to own index funds here you own winners and losers i think the third bucket will do better than the small and medium size private business, but holy cow, you dont want them in your portfolio. Until we get a vaccine that lets people safely go to crowded stores and restaurants and movie theaters and airplanes, theyre not making a comeback. A vaccine could take a lot longer than we want. Remember, the essence of those businesses is its supposed to be crowded in this day and age, crowds are the one thing youre not allowed to have. Bottom line, stop circling the wagons around index funds here you want to invest right now you have to own some stocks from the second bucket, the covid winners. And whenever the market gets slammed, you can buy members of the first bucket, 9 big businesses with deep pockets the third bucket, the losers, i think you have to sell them to any strength that we had this morning or yesterday theyre too toxic to own unless we get a vaccine real soon, theyre going to stay that way. Brian in oregon. Brian. Caller booyah, cramer. Firsttime long time all right, good to have you my daughter a long time, i like your state a lot of trees caller lot of trees, i agree. I have a position in wake man, 1. 5 of my portfolio average price is 108. I was buying it on the way down, i thought it was covid and recession proof. Got a lot of downgrade neutral is this a Balance Sheet issue their Balance Sheets fine. You need a lot of construction for them to do well. People forget its a Construction Company i like fish. I like the stock i think you should be a buyer. I think its the right level marshall in vermont. Marshall caller hi, jim, this is marshall calling from burlington, vermont with a question about kraft heinz its been struggling with debt and declining the past two years. Im wondering if its now safe to buy given the recent surge in package food sales i will say that even that, the Worst Company in its cohort, i mean i am talking about a company that is the benchmark of bad, its better than say like any cruise ship stock you might want to buy. And Royal Caribbean was up two bucks today. All right. The market is divided into three buckets. Please choose wisely because one is real bad. Mad money tonight, dominos, bucket 2 declined today. Buy on the opportunity talk to the c. E. O. To find out if it its well situated in a Coronavirus Business market. Everyone was worried about earnings last week it had a strong quarter, United Health group, crunching the numbers. Biotech stock racing to find a vaccine for covid19 and is the number one traded stock on robinhood. Its nvidia. I have to tell you this inovio is right down the block from me, inovio, right next to me 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 miss something head to madmoney. Cnbc. Com. These days, its anything but business as usual. Thats why working together is more important than ever. 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. 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. After spending the last month going higher, Dominos Pizza stock got hammered today, down more than 3 . That was after the Company Reported a good but not perfect quarter. Do you have to treat this weakness as a buying opportunity . Since you know we like this, 10. For years dominos has been a leader in the reit space which allowed them to thrive during the lockdown when the Company Announced terrific sales numbers, it was mostly good. Big top and bottom line beat there was some hair on it. Turns out a big chunk of that earnings beat was driven by lower effective tax rate plus Business Update the Current Quarter, a little mixed. Doing fine domestically. International numbers lessen couraging. Management with long term guidance because its impossible to make that forecast right now. Im encouraging all companies to stop guiding stop it. Even after todays pull back, the stock is up 25 for the year i think we stick with it and this week is a gift. Do not take it from me lets speak with rich alison, c. E. O. Of Dominos Pizza to get a better read on the quarter mr. Alison, welcome back to mad money. Hey, jim, thanks for having me on. All right rich, lets dispense with everything here. We had a miserable unemployment number everyone knows its terrible i have five companies that are hiring because of demand yours is one of them, right . We sure are, jim. We announced a couple of weeks back that as a system in the u. S. Across our corporate supply store chain, were trying to hire more than 10,000 team members. And one of the reasons for that frankly is because you guys are taking a lot of shares, the way i look at it we feel very fortunate weve been able to remain open and operating during this crisis in serving our customers, you know, demand has been very strong and we frankly need more people out on the road delivering food to our customers in time of need, jim so were fortunate and very grateful for the opportunity to continue to serve customers and to continue to employ team Members Around the country and some of these delivery people are not just working for profit you are doing something that is amazing for the people who cannot eat in this country because they do not have enough money right now. Yeah, we announced a program we call feed the need to provide 10 million slices of pizza out into communities around the country. Were providing all of the food for that our franchisees are providing the labor in their communities weve asked our franchisees to identify the need locally because theyre the heroes in their local communities. They know where the need is greatest, whether its School Children who arent getting lunch, workers on the front line, you know, in our hospitals and other first responders, or essential retail workers were just proud to be able to serve, jim, at this particular time just when i thought your company could no longer innovate, there wasnt much left to innovate, how about a pizza pedestal well, theres not much that hasnt changed in our business, you know, in the last six weeks. I talked to folks internally and i say weve taken 60 years worth of Standard Operating Procedures and rewritten most of them in six weeks. Contactless delivery is a big part of that and the pizza pedestal is an innovation our team came up with so that when we bring you your food, we dont have to sit it on the ground or an unclean surface. Were able to put it on top of a recyclable pizza pedestal so you can take your food in a contactless way or recycle that or well recycle it ourselves. Its a much better way because ive had some food delivered and ive said, huhuh, no it was on my porch, on my porch. I dont want my food sitting on my porch okay, so, jeff, your cfo, i lov him. He said, we dont know what the new normal is going to be. That makes sense but if you had to kind of look a little bit crystal ball in the future, if this continues, is it the new normal unfortunately a lot of the smaller guys who didnt get the ppp may not be able to stay in business you know, jim, i sure hope that we dont end up in a place where we dont have independent Restaurant Companies serving customers, you know. I know you love independents my wife and i eat at a lot of them ourselves so i sure hope that those folks are able to survive this crisis. But along the way, i think, you know, things are going to be different for quite a while. I think delivery is going to continue to be important, and contactless delivery is going to continue to be part of the new normal for quite sometime to come but i sure hope we all pull through this together and weve still got a world where you can get your Dominos Pizza a but you can also get your food from your local independent restaurant as well but the one thing i would say, rich, ritch, as someone whoa has two of these, if you have to pull half of our seats out, it doesnt matter how much ppp you get. Your profitability is going to be cut in half unless you can raise price. I am not looking at a world right now where i think you can raise price. Do you see a world where you can suddenly start raising price to try to make it up when you cant do the volume . Jim, i dont, you know. In fact, i think if anything, customers are probably going to be more price conscious as we look forward you talked a bit earlier about the unemployment numbers that are coming out and, you know, we all know in the restaurant industry, you know, folks that