They know nothing theyre hanging on every word from Speaker Pelosi or secretary mnuchin, watching Mitch Mcconnells body language. We need to know if cash strapped states and Small Businesses will get the help they need but the stock markets already made up its mind it doesnt matter. Thats how we can some solid action today nasdaq soaring, 1. 42 hall hey lielujah were starting to hear about huge layoffs, okay disney, smaller ones at goldman sachs. Possible avalanche of firings at the airlines these people are losing their jobses through no fault of their own, and i hope the government can get its act together to help them, because its the right thing to do. The broader economy needs a stimulus package, America Needs a stimulus package but the market, oh, man, the market doesnt see a recession it seems a secular boom in Certain Industries i know this because were starting to get earnings from defensive companies that would normally give shareholders huge windfalls. But theyre greeted with outright selling case in point, pepsico they reported this morning and i saw it and said holy cow, substantially better than expected quarter, and i sure hope everyone hasp pelotons at home to work off those calories. But the stock fell near the opening of trading it was that disliked i had to excoriate the sellers on the street this morning and it was finally able to rally. I was just like, go buy the stock. Thank heavens they did thats the best of them when it comes to the whole package foods group. Conagra, consolation, they reported stellar days. Well have one of them on later on but the market is like the honey badger, it doesnt care. If were going into recession, i bet pepsico would rally four numbers. Corona and modella are flying off the shelves. Is do you know that we sold colgate for my Charitable Trust today . We told members were take the nice game, because colgates mainstays are too recession proof. Toothpaste, tope, you use them no matter what i felt terrible selling that such a fine company. I use all their products i talk about this, and if you want to know how this works, i talk about this in confessions of this is as good a version as many. When my hedge fund was starting out, i just owned great franchise companies, because theres never going to be some company that will come in and take over their position but you know what . That works through periods of economic doldrums, but the stock fell apart, because the economy was on the mend. Thats how these defensive stocks are trading right now you want to stay at home by peloton when in doubt the market is speaking loud and clear, the recession proof names have gone out of style, because Money Managers are betting on an expansion, despite whats happening in washington. So whats in style listen, lets be stock whisperers here. Lets see what the stock is whispering to us the down and out retailers, the ones that need a boom to thrive, they did well today. They saw macys step by step moving up. Kohls joined them they ne nikes poor cousin underarmor and gap stores trying to mount the recovery stop of this strength in retail could be the pin action from the amazing performance we saw in Bed Bath Beyond. But i think thats a mistake to extrapolate that Bed Bath Beyond is now managed by mark tritton. Hes pulled a rabbit out of a hat here the short sellers had a real bad day. They could have a modella on me. Ah, the bars closed Bed Bath Beyond sells housewares, doing a lot better than our pal well hear from mark about this amazing turn let the short sellers try to knock it down and bring it in. The mallbased foot locker is showing life after spectacular numbers from nike. But a lot of the strength from nike comes from cutting out the middleman, which happens to be foot locker. Even nordstroms was up today. Could there be a return to the mall if so, people are less fearful than it seems. Theyre definitely bored second, you would think that the consumer dependant tech stocks would be held hostage, but theyre roaring. Remember, there are two pronging the the stay at home thesis, the lockdown component and the work from home component. People are going out again, unless we get another spike in covid. But that doesnt mean were taking unnecessary risks remote work is still the order of the day by the way, they were kind of talking about doing a deal with zoom thats just what they did, both stocks third, other signs of life that are positive look at penn national. The former Casino Company that bought a big piece of bar stool. These moves show that yet younger consumers still have plenty of disposable income to wager on sports and on options the demand for spacs, thanks for mentioning them. Many of which are good continues to pace. I tried to cover them all, but many are either hard to keep track of or hard to understand, because sometimes theyre just big piles of money the success of these deals tells you theres a huge appetite for risks, particularly those new to the market as a matter of fact, i wrote a blank check to my painter today. And i was getting nervous about the blank check until my buddy haley showed me, there it is i want to write a blank a check. What the heck. Put it all together, and i can understand why so Many Republican senators are reluctant to spend a fortune on another huge stimulus package. When johnson and johnson is down 2, but olive garden is up 4, and Small Business empowers etsy is up almost 40 points, its clear the market is not worried about a slowdown remember, were in a bizarre situation here, where big business is booming but Small Businesses on the ropes. It just doesnt matter to the stock market, because Small Businesses arent publicly traded are you going to have eight tables in a business the bottom line, as far as the stock market is concerned, we dont need a stinking stimulus but its necessarily not true for america. A lot of small operators are going to go under, causing a lot of workers who dont deserve it to lose their jobs unfortunately, deserves got nothing to do with it. Russell in new york, russell caller booyah, jim. This is russell. Im a senior at Syracuse University first time, long time. How are you today . Younger people are checking in i love it. How is syracuse . Caller great up here i love it. A quick birthday shoutout to my dad. We always watch the show together happy birthday to his dad stay focused whats up . Caller my question today revolves around gsk. I saw the news on the ceo mentioning how they will not file for approval on the vaccine until phase three trials are complete wi do you think gsk is a strong longer Term Investment its funny, theres a big divergence between the company, which is doing quite well, particularly the vaccine business and the stock, which is doing poorly youre young, i want you to take on more risk does that mean you go buy the whatever spac is trading no but lets get a little more aggressive now john in florida, john. Caller thank you for taking my call, jim with all the fires on the coast in florida im sorry, california, and whats going on in the panhandle and all the flooding, what are your thoughts on travelers you know, i was friends with the late ceo, and he told me he would not go in these tough areas. And that always made me feel good about travelers but you know what . I think the Insurance Business is opportunitied by the fact we have low rates so stay away the market has made up its mind it doesnt need the stinking stimulus that may work for your portfolio. I am partial to america, and americans need it badly. But thats not what this is about. Deserves got nothing to do it mad money tonight, how is the athome eating trend helping conagra . I talked to the ceo. And then it was the summer of shopping for the home and Bed Bath Beyond is cashing in on the trend. What do you do with those 5 coupons . I throw them away. Im sitting down with the ceo after the Company Posted its first comparable sales growth since 2016 and Constellation BrandsBeat Estimates but the stock is falling. What the heck . 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. keeping your oysters growing while keeping your business growing has you swamped. you need to hire i need indeed indeed you do. The moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base so you can start hiring right away. Claim your seventyfivedollar credit when you post your first job at indeed. Com promo the package Food Companies keep delivering great numbers, and it doesnt matter. This has become a Rodney Dangerfield kind of situation, they cant get no respect. Perhaps because investors believe the worst is over with the economy. Take conagra brands, a huge portfolio of frozen vegetables and new spinoffs in innovations. This morning, they reported 13 cents earnings 50 organic growth much better than the 10. 5 wall street was expecting the company gave you strong guidance and put through 29 dividend boost, bringing the field up to 3. 1 what happened . Nothing. Money managers ignored conagra and piled back into steck and Sports Betting anything that has great Economic Growth in other words, youre getting the quarter for free i think thats going to matter lets take a closer look with the ceo of conagra welcome back to mad money. Hey, jim, appreciate you having me on shawn, i have to tell you, your deck, your conference call, your release all point to the same thing, which is that the conagra way is triumph iing in elevated athome moment, and therefore its sustainable or you wouldnt have boosted your dividend to above where it was when it was cut. Is that the narrative . Thats it, jim. Weve been laying the ground work for this for the last five years with arguably one of the biggest transformation in all of consumer Package Goods its enabling us to seize the moment we had industry leading household penetration games. We are seeing the fruits of our labor for the past several years. I want to go to conagra is the leader of driving multiple purchases. You have a slide other than the never do well kraft heinz, you are doing better than anybody el else i dont think people understand how repeating purchases are important. So walk us through that. The healthier brands are strictly tied to the level of advertising spent. Advertising plays a role, but we believe it starts with designing and building phenomenal products and packages that are modern and appeal to the consumer then we seek out physical availability, which is distribution, then we invest in advertising. That building what we call mental availability. People know its there, they see it and want to buy it. We have proven once they buy it, they will love it and come back again and again. Its really a metric around loyalty. We know if we can get the product in the consumers mouth more often than not, well convert that the loyalty one of the things i love what youre talking about, thats the micro, the macro, you talk about the new normal you have in your charts Rising Office vacancies Remote Workforce adoption, not going away a fantastic part about athome lifestyle and entertainment and 172 up peloton, and others all play into your sweet spot, particularly for younger people in what you describe as the frozen single serve. Now, all of this is happening so quickly. How do we know its sustainable . Well, people are investing in their homes. They were forced into their homes, but they decided hey, if im going to spend this much time here, im going to create the environment i want and cultivate these stills i can use again and again. So theyve made an investment into their homes, upgraded kitchens, pots and pans, things like that, theyre going to seek a return on that investment. Were expecting them to continue to have elevated eating at home. Its a far better value to do that you put it all together, i think it bodes well for conagra brands, particularly because our portfolio is to lunch and dinner, which are the two day part where is we see the most elevated consuch shup. Youve introduced a huge number of products how do you know which ones work and which ones dont because it costs money to introduce new products i know youre doing a lot of this on the web. But the multitude of new products, how do you keep track of what youre doing our hit rate on new products is never going to be perfect, but our hit rate is better than most we look at a renewal rate, the percentage of annual sales that comes from items launched in the past three years we have among best in place renewal rates. Thats a proxy for how well the innovation is working. Its not a surprise to me, because we spend so much time trying to track and understand consumer desoires we have a pretty good track record on innovation, and an important part is it builds credibility with our customers that come to us first and ask for our innovation, even in the pandemic, when a lot of Companies Said they were dialing back innovation, our customers said well take anything you can offer us so were very disciplined in terms of launching things that have the best chance of succeeding and our track record has been strong. One area that i think a lot of our viewers that are interested in is the eco conscience consumption you have a bead on what the younger demographic wants, including plant based. How is that doing . We have a fantastic team here that works on sustainability weve been at it for a while, but we continue to invest in new innovations. One area that is one of our primary focuses is packaging, because waste inPlastic Packaging has become a real issue in recent years. Earlier this year, we made a pledge to convert all of our current Plastic Packaging into new packaging that is renewable, recyclable or compostable by 2025 one of the innovations we have is our plantbased fiber bowls that we started with healthy choice power bowls thats gone so well with millennials, we have invested to create more capacity on those bowls and extending it into our new hungry man double meat bowls, as well as our ramen bowls. The analysts seem to have forgotten what people like to watch our show they dont focus on the dividend boost. Theyve got some question, but theyre trying to build their models i know you as a person you would have never raised that this much if you werent trying to show people this is not a one to quarter phenomena, correct . Absolutely, jim its a sign of the confidence we have in the business we are achieving a Level Household penetration right now that we didnt expect to achieve, and now weve got the proof point that says these new tri triers are coming back and buying again and again we believe that will lead to market share for our portfolio over time. Our cash flows were so strong, we got ahead on our deleveraging and were in a position to take a 29 increase in our dividend and i think our shareholder also be happy about that. What is a great quarter, great year thank you so much. Sean conley, doing everything you said you would do. This man delivers. You dont know how hard it is to deliver when youre faced with a pandemic i like the stock mad money is back after the break. So youre a Small Business, or a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. Apps except work. Rywhere. Why is that . Is it because people love filling out forms . Maybe they like checking with their supervisor to see how much Vacation Time they have. Or sending corporate their expense reports. Ill let you in on a little secret. They dont. By empowering employees to manage their own tasks, paycom frees you to focus on the business of business. To learn more, visit paycom. Com when it comes to the quality of our cars the highest. Its why only 1 in 10 cars we look at qualify to sell on our site. If its been in a reported accident, we wont sell it. And at our stateoftheart facilities our ase certified mechanics roll up their sleeves and get to it. Inspecting, dialingin, and fine tuning every single car inside and out, bringing all of it up to our high standards. By the time were done, our cars are beyond certified. Theyre carvana certified. So whether you have it delivered or pick it up, we do it all so you can rest easy. Bed bath beyond is back in business ever since mark tritton took over the ceo last year, ive been predicting a fabulous turn around story even i didnt expect the results he delivered this morning. I thought it was a mistake i called my friend who was instrumental in this term and said i dont believe it. It was right turns out the pandemic was exactly what Bed Bath Beyond needed it forced them to build out their business with buy online, pick up in store options and curb side pickup and caused a massive bull market in home goods. But geez, this stock has pulled more than 3 and change from the march lows to 15 last night and today rallied another 25 . Soaring to its highest level in more than two years. I dont think its done. Bed bath earned 50 cements per chair when wall street was looking for a loss those are some Amazing Stories they make it clear that turn around is at hand. Todays move triggered a massive short squeeze, too lets check in with mark tritton, t