Like a market rather than an Amusement Park ride. The dow gaining over 200 points and the nasdaq climbing 1. 6 im calling it a refreshing p e pace the options are hanging in i think because the market already crashed. People dont get it. We went from down 29,000 to down 18,000 in a couple of weeks. February and march were hideous. Its okay april gave us a little bounce package good stocks and the railroads and even a casino. Las vegas sands. I didnt know you could go to one. Next week is a tougher one household names have run up substantially. Its going to be a true test were going to here from nxp semi theyre a chip maker with a window to apple. Listen to what they have to pay. I think they have too much auto exposu exposure, but its worth focusing onto for insight into apple. Pepsico reports on Tuesday Morning. We know cocacola saw adecline on soda post quarter because the restaurants shut down. Even as home consumption was up. Pepsico is more diversitied. They own frito lay, and when people are home, they snack. I bet they put up terrific numbers, maybe even 5 growth if we could get things going. A stretch, but it could happen and we hear from caterpillar their end markets are weak oil and gas is in oil and gas, but the company is much more profitable than it used to be on even lower sales dont count them out we know 3m is master selling and theyre almost impossible to find its easier to get one from gucci or but that probably wont matter when they report. Many of their end markets stick. I foresee a tough quarter. Whether you have an n 95 from 3 m or a mask of any material, wear it when you leave your house. At work we all wear masks. I never go outside without a mask to protect others demand your company make employees and customers wear masks. I want to embarrass those who dont. We cant open america for business without them. Go to twitter and show me your mask Tuesday Morning we featured america and pfizer last time merck posted a confusing picture of a newly configured call. Pfizer is working on a covid vaccine. Theyve been playing it close to the vest ive been hearing good things but also from Johnson Johnson and regeneron, and a Sanofi Alliance we have trimming the fat here if thats true, you get a good quarter even though we know the ad business is not great because of small medium. Alphabet is hit after earnings and then recuperates if you like this, put on half a position after then theres starbucks. People are worried about this. They assume its crushed by the pandemic i say not so fast. Starbucks is doing everything it needs to survive in the United States you dont buy it for near term performance. You buy it for longterm performance. Try to think a little bit further than a couple of days like when people bought ibm after it went down or intel after last nights disaster and todays epiphany next week best quarter, hiding under alphabet this is goingto be the best once amd. Think about it they have the best pc processors for people who need to work at home nvidia is their own competition. They have the hottest chips there is this is everything right in one company. The last quarter was terrific. The stock got shelled. That was dumb. I told you it was stupid you made big sometimes this time think people wont be that stupid this time and it will go higher all right, now, wednesday morning, tough one ge heres the stocks basically cut in half. They have a huge aero spacex poe sure they have levers to pull and cash coming in i expect the ceo he announced not so hot news. I would say its a 2021 year 2021 stock what do you think . Yeah facebook and microsoft, wall street loves microsoft facebook is thought to be faltering because of advertising exposure i think microsoft is a better bet off the azure cloud. Kraft hines, well find out if they can overcome terrible performance. The poor performance there is Almost Legendary even they cant mess this up and thats saying something. Its the gang that couldnt shoot straight versus fish in a barrel thursday night feels like it was designed to break me we hear from amazon and apple. It takes forever to read through them i think amazon is in great shape. The stocks may have trouble clearing the high bar. I wouldnt put it past them. You dont hire 175 people because you dont have a lot of business hue about apple how about apple . They say the set right now is good for apple this is a meaningless quarter, what lies ahead is 5g and a revenue stream i think many people that are quarantined have been sampling. Apple is the perfect time to have a ridiculous amount of cash on your Balance Sheet. Apple was up big today if it happens to thursday the setup will not be ideal. And then gilead. We got a report out of china that suggested that their antiviral drug did more harm than good in treating covid19 the sorry was this thing was killing so many people, they ought to stop the trial, even though they said the reason is because they ran out of patients and previous before that they didnt need that previous before that they attacked gilead. Get it others say remdesivir is they give it a try and the either way, no fan of the way china is handling themselves when it comes to this. Im not a big fan of w. H. O. On this can estee lauder keep delivering if people over there are buying makeup and the influencers are back, i think the stock can rally. The stock is really low. Honey well, a decent amount of aero space exposure. Solid numbers of and a nice buying opportunity finally colgate and color. Im betting both surprise to the up side. Especially clorox especially now that the world is on a cleaning trend. Life is tough enough without gloves and masks im begging please, please, please, wear them outside if you go outside if only just to protect other people okay just to protect other people forget about yourself. Dont be selfish i love it when i see your masks. Tweet it to me at jim cramer come on. Lets do our part. The government is not helping. Ryan in North Carolina ryan from North Carolina whats going on thank you for all the hard work you do and your wisdom that makes us confident in investment weve not stopping. Im even working sunday night. Im not stopping until everybody does the right thing with their masks either look at this mask. We dont have enough cameras to show everybody masks thats what im talking about. Will wears a mask. Put your mask on go ahead, im sorry. Whats up . Thats okay a little over a month ago you recommended putting about 10 of our portfolios in gold i did that made a 50 gain. Took half my position off the table. Should i look long term with what i have left you bet you did thank you for listening. Yeah thats barrack remember that guy called me a sissy because i didnt want to mine in africa that guy has game. Thats a good stock. Hold onto it lisa in indiana. Look at her nice mask. This is a designer mask, and yes. A ander gaines, if we go to the control room, a beautiful mask whats going on, lisa . Im speeding indy 500 in august booyah. Thank you for taking my call as an original work at home company with supply chains in place precovid19. The products are making masks during the crisis. She is currently spending 5 million to promote the platform. Sd rising 60 in the past month. Do you think the platform will retain existing and new customers once the stay at home guidelines are relaxed i think choppify is doing better, but etty etsy, thank you for what youre doing for masks. Etsy has been unbelievable for masks. Its good. Theyve had some execution issues but i like them but choppify is unbelievable its a true juggernaut but i like etsy too. The market was pretty normal a refreshing change of pace. It was great i almost took my mask off. Sorry. Mad money tonight. I spotted a bright spot in the oil industry glut. Dont miss my story with Nordic American Tankers alcohol sales are surging double digits in the u. S. And are elevated globally. What does it mean for Companies Like a Boston Beer Company im taking a look. And meat packing plants are shutting down. Could it create more opportunities for Companies Like impossible foods show me your mask. I know that every single time that i suit up, there is a chance that thats the last time. 300 miles an hour, thats where i feel normal. I might be crazy but im not stupid. Having an annuity tells me that im protected. During turbulent times, consider protected Lifetime Income from an annuity as part of your retirement plan. This can help you cover your essential monthly expenses. Learn more at protectedincome. Org. I keep telling you you cant extrapolate from the oil features this week theres one big real world take away we dont have enough storage, and thats great news for who . The oil tanker stocks. The price of crude is lower than the price of crude a couple years. We know demand is going to come back when the dock lockdown is over if you have the cash, this is a great time to buy oil and sit on it until the rebound the problem is you cant just dump oil in your backyard. You need a place to put it the tanker companies, thanks to the lack of storage theyre able to charge more for the use of their ships as storage tanks it allows them to pay big dividends. Its temporary and tanker stocks are as volatile, but if you time it right, they can be lucrative. Ask people who bought Nordic American Tankers when it was at 3 its doubled and it has a monster 9. 6 yield how long can it last check in with the founder and ceo of Nordic American Tankers welcome back to mad money. Thank you, a great thing to be with you. You can see im sitting in front of two big tankers, nordic america and the American Flag on top of the two tankers one hour outside of there you go. Youre colorful. I need to ask you right now, sir, hh. Focus. Whats that can i can i rent a tanker for a week from the biggest fleet in the world from your fleet . Id like a week. Can i have it . You can have it, but it will be very costly i doubt if you can afford it, you know but you can have it. We are making a lot of money at this time. Improving our Balance Sheet tremendously and i have never seen such a strong market, and ive been around for a little while. How much a day . For a nice one give me a suez mask. How much 70,000 a day about. And you would have it for six months, and our operating costs are 8 ,000 a day and then you will have more than 60,000 a day for your pocket. And this will give you a lot of dividend so let me understand this on tuesday someone is going to pay to give away oil, 37 a barrel why didnt i just contact you, let that guy pay me a lot of money for oil and then give it to you we dont speculate in oil we speculate in carrying oil thats a different story, and my point is that i prioritize dividends. That is the thing. And i dont take risks i dont have to take we have a strong market, and this is the strongest market ive seen in my lifetime, and ive been around for quite a while. Why wouldnt you pay down all your debt before you give the big dividends . We dont have a lot of debt at all we have borrowed money in america, and we will be debt free we were debt free a few years ago, and there is no doubt on my mind, that we shall become debt free again we will have the strongest Balance Sheet in the industry. We will have the best dividend in the industry. And we have a strong market in front of us. And costly, we had the biggest customers in the world exxon, shale oil, all the big boys and they can say to you based on my experience, these big oil companies, well, some of the best companies in the world. How many of your tankers are rented by hedge funds . Hedge funds hedge funds . They dont own anything with us at all i borrowed all my money in america with a good friend of mine, and he has lent me all the money, and i have an Excellent Corporation with him the hedge funds, they have no place in our organization. But i have an excellent relationship with them all the money guys, you know, often its difficult to see what they wish to do, and i am in doubt from time to time whether they understand this business. Understood. Now, oil prices have come down a lot. The demand in america is not that great where is the demand. Is this a situation where its United Statess loss and perhaps chinas gain china, its the winner of this game. China, korea, malaysia, japan. And i hate to say, but america is the loser we like america to be the policeman of the world i have the greatest admiration for america, but now you have withdrawn a little bit, and because its so expensive for you to be the policeman of the world, and china is taking your role oh, jeez. I cant let you end it like that you know our country is going to come back. This is a temporary setback in energy i agree with you. I agree with you very much so, but in business you have what you call the black swan. Thats something unexpected thats happening, and to be very honest, my understanding is that america is not prepared for whats happening now with all this virus thing america is very resilient, and america is always coming back. I mean, i have a good reason for having the name of nordic american shipping. That is because i have the greatest admiration for america. Lets leave it there. Youve got a good dividend you obviously have the right fleet. Its great to have you back on the show im glad you said those good things about america, because we are resilient and will come back and i can tell you, we are making tons of money you are Nordic American Tankers ceo who once offered one of his tankers for me to get married on but my wife said she was worried about the smell, frankly 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. When is an earnings disappointment not a disappointment when theres Something Big going on underneath that makes up for lower than expected headlines number sometimes wall street is willing to make an exception consider the Parent Company of sam adams. A suboptimal quarter boston beer posted a 53 cent earnings miss off 1. 92 basis. It was up more than 31 year to year like so many other businesses, they pulled their full year forecast youd think theyd be cut down by a third the company had higher costs to cope with the pandemic thats why it was his hit yesterday. As the session went on boston beer gradually clawed its way back to positive territory and only closed up 2 i love situations like that where you literally, it was for the asking why . What turned it around . I think people read the Conference Call transcript and realize the business is better than it looks in the headlines the problems are high quality. When you drill down, the companys depletions, the number of cases they sold increased by an amazing 36 year over year. Thats a major acceleration versus 20 19 a lot of this is being driven by the strength of their hard seltzer brand. Its something i used to like. When i can you garden with covid i think so anyway, in fact, theres so much demand for this stuff that boston beer is straining to fulfill. That was a contributor to the earnings miss. They had to bring in third party manufacturers. And its putting High Pressure on margins in a world where demand has vanished for so many things, the alcohol industry is in a good situation. Theyre not selling much to restaurants or bars but theres a lot more demand from people stuck at home. What America Needs right now is a good stiff drink or maybe a hard seltzer. The last time boston beer reported they were spending money to put out capacity for hard seltzer like other brands initially they worried where bars are closed. Bars you can have takeout coming into the quarter yesterday, boston beer had made up the losses as the market came roaring back and other players in the booze space reported healthy numbers. The stock had run going into the earnings thats one reason why it sold off first. But man, once you really dug into the meat of this quarter, there was a lot to like. Since early january they continued to grow the velocity and maintained while others seeded share thats the original and hard lemonade product obviously its not all perfect sam adams and Angry Orchard sales are on the decline theyre more exposed to bars and restaurants. The pandemic forced them to spend more money on safety protocols, temperature checks, face masks requirements. And more cleaning time thats exactly what they should be doing theyre selling far fewer kegs and more bottles not great. We know covid19 would take the toll on the numbers. We didnt know the incredible positives. Drinker demand for our brands continues to be very strong. Particularly our truly and twisted tea brands and what about the coronavirus that took the world by storm although theres no guidance, he breaks down the quarter into pre and post january and february, 32 growth in depletions. And listen to this we saw a further acceleration in demand for our brands beginnin in the second half of march. Boom boston beer belongs to the elite group of companies that saw their sales spike during the lockdown and i am developing my own personal etf im not going to try to make money off of it. It has the winners what else . We knew trulia was on fire theyve been taking share here month after month after month. The only hard seltzer brand to do that, white claw is the big daddy, but truly as a younger wealthier customer space, thats what we want to see. Even better from february to mark as the outbreak shut down the company, repeat business grew by 25 . With so many people bringing it home, its being introduced to new people over the last four weeks he says the total hard seltzer has grown to 7. 7 . He thinks it could be 10 of beer during this period. The production problems . According to the cfo, weve put in a new line in pennsylvania coming on stream pretty much now. The volume continues to outpace the capability its pretty clear that q1 was going to be a quarter with significantly more ext