S p 1. 5 and the best quarter since 1998 and nasdaq gained 1. 87 and looked fast tas tic fc my own point of view were the stocks with a lot of ingenuity and a lot of great luck. Many were stocks that bounced back from the march meltdown thanks to the 2. 2 millitrillion stimulus package these compapanies got lucky. The government intervened and worth a lot more money but it didnt take any ingenuity for carnival to rebound from the lows they were saved by the fed no, i want to talk about companies that have shown they can survive and thrive during this pandemic so no signs of abating in the u. S if anything, its getting worse. The pandemic is gets work because millions of people refuse to take the virus seriously. They wouldnt wear the mask. They even subjected to some of the guys on capitol hill today they wouldnted a ve ed ed edal distancing guidelines so there are breakouts in the south and west first, sometimes you got to go with the obvious zoom video there were many other outfits that could have become the leading Video Conferencing play, cisco and ring central with the partnership and it was zoom that brought us together under the leadership of the ceo. When you think about it, microsoft could have done this, apple, google, right incredible to me that this newly Public Company is so engaged in the new work from home economy and play at home economy zoom is fund mentally changed the way we interact and the world will never be the same, even if we get a vaccine it wasnt somebody else. It was zoom. Second is paypal those guys were lucky enough to be the online merchant process of choice for Many Companies going into the pandemic and paypal is the bank for small to medium sized businesses around the world. They have taken the payments industry by storm. Paypal shows you dont need brick and mortar banks i never thought wed go from cash to plastic to digital but the pandemic threw more fuel on the fire and thats where we are. The ceo is making that vision a reality. Third is apple now, this was still one more quarter where the ceo leadership dazzled despite tensions and the closure of the retail network. We werent expecting much from the iphone 11, another update who cares but they love it they love the air pods the new watch is fantastic no, im not going to help you, siri its icing on the cake the real core of the story is apples rapidly growing Service Revenue stream what about the luck . Were not supposed to touch each other, cook rolled out contactless credit cards the app store is worth billions. Apple likely owns its customers for life ill keep pushing happen l to gi apple to give you the number you know how i feel about this one . Own it dont trade it everyone else says trade it, dont own it theyre wrong. Tesla is a 200 billion company. How is that . Simple tesla is a technology company. Tesla is approaching the valuation of toyota. I think its a crummy comparison tesla is not a toyota. Musks cars sell everywhere without advertising. They will love it in china and germany. Once it became clear musk could raise as much money needed to expand, the stock was off to the races and hasnt looked back since. Fifth, amazon had a good quarter but i like the rise of shopfy for small to medium size businesses that want to operate online they were e commerce enabler by the end they were recognized as a pillar of Digital Infrastructure see that fedex number tonight . I bet shopfy will create more millionaires than any company in america and they are canadian. Sixth, we have others that empower Small Business vastly, a lot of people crazy about that one ado adobe, wicks, they help move things online and look like big operators. Same with etsy speaking of retail, my god, is this lululemons moment or not thats what you wear at home and gives you a piece of the home fitness base less than rival peloton. Remember, these winners are about luck and ingenuity lulu was smart eighth, we have all sorts of powerful themes tied to the stay at home economy from data to Artificial Intelligence to gaming one Company Gives youall these end markets. Vida i love this one. The ceo, hes out of this world. Hes an engineer hes a builder hes a leader. Hes an artist this guy say modern davinchi you want luck and ingenuity . Net flex we get more big screens and faster broad band and every form of entertainment shuts down, the world turns to netflix this has a lot of doubters thanks to the streaming services but the company is in a place to raise prices with little resistance finally, i want to make this point. We cannot forget regeneron they have an amazing franchise and treatment out there. Fantastic portfolio but they are leading the way but they dont promote it, i am, the way in the fight against the pandemic a lot of companies are coming out with different stuff focus on these guys. They have a key part of an antibody cocktail that will defeat the surge and charge an arm and a leg for it i think they have the inside track. You should know that the ceo and chief sicientists are genius the stock was at five and now its 623 bottom line, there are a ton of other wayneinners but they grab the moment by the horns and rode the bull to greatness. And with covid spreading like wildfire, sadly, i bet these keep climbing or i wouldnt have picked them. Steve in maryland, steve caller jim, thank you for taking my call im a 24yearold that called last week. Thank you for that i want to keep investing smart and strong stocks. This stock has been going up and down every week and my concern is their cancellations keep piling up on the 737 max planes. I had one share when the market crashed, should i add more ill calling about boeing . Phil lebeau said you cant count on that Norwegian Air one. Boeing at this level is a goodbye for the negoo good buy for the next 18 months. Some people need it for the next 18 minutes not right for that betsey in california, bet si. Caller hey, jimmy. You taught me how to fish. If you just handed me the fish, i wouldnt have learned to do the homework. Thats the goal. Caller god bless you. Thank you. Caller let me tell you about this company i found i took to heart what you said about sustainable energy, okay unfortunately, most of the companies i found didnt make any money which is no good for me okay now, i did find one. Its a billion dollars a year, which is small, okay, and its true theyre only up 58. 74 for this year but then again, were only in half a year, right uhhuh. Caller and their total return just so you know is 85. 4 for one year, three years 266. 1, five years 247. 7 but that isnt the best part. The best part is that the stuff you taught me pays off because they have only a 1. 1 peg. Really . Caller yeah. The pe is 28. 18 but the growth rate is 25. This is what im looking for. This is great. Caller one more thing real quick. Its going to please the rs and the gs, okay they just got the Environment Energy leader award for the top project for the marine base in paris island they had designed last year. Now theyre in oregon. A. G. State and theyre converting all of the light street lamps to energy sustainable. Interesting idea. Lets hear what it is. Reporter the name of the company is emeresco. Huh bets betsey, i dont know it. Betsey just did a segment. That was a great segment lets take some questions. No, i got to look into it. You always want to know every stock, a billiondollar stock. I like everything she said and thats the stock were looking for. Shes saying the valuation versus the growth rate is very inexpensive and shes right about that look, i learned from our viewers every single night i just learned a ton from betsey about a company doing good things in oregon by the way which i want to learn more about. We had many, many winners this quarter. Most were bounce back candidates these companies grabbed this moment by the horns. On mad money tonight with more people eating at home could the rise continue . Ill sit down with the ceo then as the covid crisis continues, dont expect to return to business as usual. Ill explain why im talking about the explosion of cell towers from the ceo of one of my favorites crown castle stay with cramer announcer dont miss a second of mad money. Follow at jim cramer on twitter. Have a question . Tweet cramer mad tweets send jim an email at cnbc. Com or give us a call at 800743cnbc missomhi setng head to madmoney. Cnbc. Com. I got an oriole here. Eh. Common bird. Ooh look over here something much better. There it is. Peacock, included with xfinity x1. Remarkable. Fascinating. Very. It streams tons of your favorite shows and movies, plus the latest in sports news and. Huh run the newest streaming app has landed on xfinity x1. Now thats. Simple. Easy. Awesome. Xfinity x1 just got even better with peacock premium included at no additional cost. No strings attached. Just say peacock into your voice remote to start watching today. With covid cases spiking, what worked the last time the virus got out of control there were a ton of stocks that roared high in april and wall street fell in love with the recovery take the package food power house. This stock gave huge gains in april as part of the stockpiling trade but then investors started to assume it was one off and gravitated away from the supermarket. Big mistake which is why i recommend the stock all along. This morning they reported Quarterly Results and numbers were spectacular talking about a nine cent earnings beat off the 66 cent basis. Thats extraordinary even better, business remains strong through june. Management for the next quarter. In other words, the covid bump was not one off. The restaurants are half capacity and that business is going to Companies Like conagra. Lets check in with sean connolly, the president and ceo of conagra brands. Pros spegprospects hitting the 52week high. Good to be with you. I joke about a certain brand. I wont joke about it anymore. Chef boy r dee up 622 h how is that possible . Its a great staple and great value and when people went into shelter in place, they needed great quantity at good vaul and chef boyardee was there. I could have picked heinz for my tomato sauce or armor and here is one, duncan heinz. We said why, why, why . I see why. Thats an incredible number. It is one of the really interesting things this quarter, jim, is people started consuming more at home they rediscovered things that they forgot they used to love. Cooking, being together with their family, eating together and things like baking together, which is where duncan heinz came in and had a blockbuster quarter. One of my colleagues said to me, you know, he watches hes on ticktock. Candidly, sean, im not on ticktock like i must be. People sticking at home exploring the pantry there a rise of armature chefs who use cakedo cookies. You saw the data. It remarkable. Most of our new users that we gained in this covid lockdown are millennials number one followed by again x. They love convenience. Duncan heinz is example of a product thats super taste they and convenient for them sheltering in place. Sadly, they are also struggling for jobs. When you look for ajo job, a lo of your brands do hit the sweet spot. Thats true one of the things that consumers are rediscovering is the superior Value Proposition of eating and preparing foods at home were conditioned to eat out, no offense to your restaurant, jim, but now consumers are strained financially and recognizing that not only is it a great price point they can get eating at home but the food quality is far superior to what they recall and they are buying more of it. Let me tell you about the restaurant versus you. I genuinely believe there is a big change i think there is a frugal nature of what is after this. And that people really would like to cook at home rather than go out in part because they can buy beer and take it home. They can watch their big screen tvs and they can eat some very good food that frankly, marie callender, banquet, healthy choice, things younger people respect, like. Absolutely. You know, its really remarkable because they are recognizing its a great Value Proposition, but it is convenient and the truth is, there is concern around safety and that kept them at home and financial strain both of those conspired to really help a lot of package Food Companies and our company in particular had a good quarter and we hope it persists. I didnt necessarily when i first talked with you believe in the frozen food concept but you do point out in your conference call, try to find a freezer at best buy or home depot when you get a freezer, you put conagra products in it. You do. Ive been preaching for five years now that frozen food is the perfect food form for todays consumers. If you can dream it, we can freeze it. Consumers used to think of frozen food as low quality but were producing superior restaurant quality food thats super easy to prepare and super fast to make at a great value. Consumers discovered that in this covid lockdown and didnt have enough freezer space. They went to best buy or home depot and dialled up amazon and ordered a freezer. You addressed on june 17, the mrs. Butterworth bottle in a brand review it intended to invoke the image of a loving grandmother but you stand in solidarity with your black and brown communities. I know i respect this. Youre out front not like someone said sean, hes a bad guy but what will review look like . Because frankly, i like the stuff and i grabbed the bottle its kind of like i could grab log cabin and this its iconic but its iconic but its wrong. Well, to some degree, jim, perception is reality. Mrs. Butterworth was really architected to resummable a loving grandmother but we can understand how some people may view it differently and find offensive. Were in the listening mode. We want to understand what a diverse range of consumers and employees think and do what is right. Its really part of a bigger initiative, jim, to really come out of all the horrific things youve seen in society over the last couple months, the horrific violence and racial injustice. We and other companies have to up our game with diversity and inclusion and thats listening and being more aware and more sensitive and thats really what this mrs. Butters worth review is about. How do you keep it so it doesnt go back to the way it was . Ive known you for a long time youre a guy i look toward to say its not one off, that its not something that happened and then were onto the next. Well, that is the key right now, jim i see a ground swell of energy to not lose momentum against this cause one of the things we value as a company is results were really not big on suggesting were going to do all these things we want to focus on the plan and deliver results because the proof will be in the pudding and there is a real unanimity so if you look at the track record, when we put our mind to something and say well make progress in this area and do it together, we get it done. You certainly do. Thats why weve been sticking with you stocks all the way back its been terrific your guidance is consecutive but youre a conservative guy. Thats sean connolly, the president and ceo of conagra brands. Thanks. The stock is cheap and doing the right thing. Mad money is back after the break. You might not know from the action but there is a whole sale revolution in the sector the big got bigger and the small get enoughsnuffed out. Without help from the government there is Small Businesses that will wither and die unless we get a vaccine much sooner than expected, something not discu discussed enough on capitol hill today. Both are doing a great job and lets talk restaurants these are institutions with the best of times running on very little money and many have gotten a boost in the paycheck protection loans if you dont fire employees. That the about to end and we dont have anything to replace it what happens then . Most will give it a go but at the end its going to be impossible for them to pay their bills unless its a labor of love, two places i own and coown in brooklyn i have skin in the game i know the industry is in trouble small operators cant do social distance and takeout and delivery taking chairs and taking names and money by uber eats if it has a drivethrough, its safe i worry the only sitdown places that can survive is enough space to implement social distance without losing a lot of money. Everyone else danger dont get me wrong im not complaining about social distancing what we dont obey rules, we get horrifying outbreaks like the crowded bars of texas, arizona and florida. Its an impossible situation you got to follow the rules but the rules mean you cant make money. The cost stays the same. Even though you can only seat half as many people and fewer at the bar which is a real profit generator, same cost, half the rev unless we get another Small Business rescue package, the future seems unappetizing. Well only have a fraction of the restaurants and bars that existed before the pandemic. The state of affairs for consumers and 13 million working in the industry. The federal government needs to take another crack without major intervention, theyre toast. Same goes for huge chunk of retail we know many of these stores are trying to reinvent themselves but only a few of them can make this pivot the Big Box Stores that sell groceries, walmart, costco, target are essential services. Everyone else is not essential says see you later can the rest of retail bounce back like williamssonoma . Your options are withered. Maybe this is inevitable amazon and Big Box Stores are taking over the world but the rest of retail employs millions of people. The economy is in big trouble. There is a whole category of businesses that cant meet new restrictions until we get a vaccine. Here is one. Health clubs it favors big change because it cost a fortune to covid proof your facilities and lose restaurants around sporting events i dont know if movie theaters can survive if they cant pack the house in the big openings. There is an entire echo system there is amazon, one of the biggest winners of the shelter in place economy unless you need something immediately and you just ordered from amazon going to a drugstore and everyone is stuck at home. We were already headed in this direction. Pandemic was years of digit digitalizati digitalization put it together and life wont be the same. The liveliness and anything youre used to in the city they could lose millions more jobs that the why the government needs to take action to save the smaller restaurants and retailers or we end up with a future where every industry is dominated by a hand full of business biusinesses, chipotle down. Booyah jim. Booyah, daniel. Caller thank you and your amazing team for all youve done this