see you tomorrow 9:00 a.m. for "squawk on the street." back at 5:00 for "fast money." meantime "mad money" starts right now. i'm jim cramer and welcome to my world. they are nuts, they know nothing. hey, i'm cramer, welcome to "mad money," welcome to cramerica trying to save you money. i'm trying to coach i here and teach. call me at 1-800-743-cnbc. on a real push kind of day, the average wondered around and dow closed up six points and nasdaq climbing .41%. here is something that should be

on the mind of a good investors what keeps me up at night and what makes we up, like clock work, besides my over drive brain. metabolism, it's something that i've been wondered about. you have said i worry about nothing. if only, i worry about everything. in fact, i had to warn an early morning tweeter that talked about the stock's future to go higher. the moment that you let your guard down, that is the moment that the bears will rip your lungs out and tear your face off. and it reasonable to think, what could go wrong? right? shouldn't we be thinking about that? there was a ton of money made at the beginning of last year and it was lost in the compressed bear market that was the second half of 2011. so let list them. go down.

what am i upset about? first and foremost is looming israel iran show down. where the israel thinks it's 1930 again. you can tell it's the big time elephant in the room. given how the rest of the world is adopting a league of nations approach. and we saw how well that worked in the 1930s. so i will explain what is happening. we know the israel defense prime minister said a strike may happen. with europe slowing down to a crawl, crude should be down 20 dollars from here. and second, a similar related worry, the price of gas, maybe people are using more efficient cars or we are richer than we

think. but $4 of gasoline is the wall we cannot climb. as a sea food lover, those restaurants get hammered at the $4 mark. and it will not be made up. we cannot do as well when we are paying $4 at the pump. it takes too much out of our pocket and does not leave enough for retail. you cannot whistle forever past the pump grave yard. i worry. we need gasoline lower. third, i'm concerned about our taxes going up. i'm concerned because ben bernanke has told us you better be. i'm a huge uncle ben fan. he is my first draft in the "mad money" fantasy team and he is telling us he cannot take the foot off the pedal because of gas increases. who am i to tell him not to w e

worry. i'm nervous about the fact that people that hated the market now love it. a bunch of noted bears who will remain nameless, why? because i'm feeling diplomatic day and i'll spare then the sbarsment -- when someone who hated the market comes in now, let's not confuse him with king solomon, larry, mo or curly. no matter what happens with greece, the market may sell off anyway. so in a counter intuitive years it could sell off if there's a collapse or not. they have king osker in the can over there, they better let him out. that is the level of frustration

i have about that country. but greece could produce a sell is off. i need you to be prepared for it. okay, enough worrying. let me tell you what i'm not worrying about. what doesn't keep me up, or wake me up. earnings, i'm not concerned about earnings because they were terrific. whether we are talking about whole foods after the close or apple every day twice on days when the market is open. i listen to people saying 60%, those people are, i don't know, they are not doing the work like i am. they are not, okay? you know if you listen to conference calls rather than reading the headlines you would not touch a stock. if you only read the headlines you would never buy a stock. disney is trying to make movies that make money, not meet the revenue numbers. frankly i'm not worried about poll tibitics if obama wins it'

because the economy is doing well. if he loses, it because the people are happier with the new president. and if we do not get hit with a shock that i just mentionementio mentioned we will full back to levels that got the previous people in. in this is like the 1980s and '90s, stocks will go to levels you did not think they would. yeah, i worry, do you not want to worry, get a safety deposit box and put everything that you own inside it. otherwi understand, the companies i listen to are more bullish than they were six months ago and the stocks do not reflect that optimism, so until then, count me in not out.

other things keep me up at night, that is why i still have a night light. danny in texas. >> caller: appreciate you taking my call. >> thank you danny, i appreciate it. >> caller: my question is about diamond foods and the release that says they will have to restate their physical results for the last two years and they will be replacing their ceo and cfo, i want to know what this means for the stock. >> okay, i have a sign, irregularities means stock. the stock is down. there was a irresponsible firm that told you not to worry about that, they should be taken to the wood shed. let go to joel in indiana.

joel? joel? >> caller: hey, jim. booyah from the home of super bowl xlvi. >> i think everybody said you guys did a great job, eric gruben that guy in charge of the super bowl, great job. >> caller: thank you, nokia shifting assembly to asia, in between $5 and $6 a share with 5% yield, what do you think of them as a long-term investment. >> i tweeted this morning that they fired 4,000 people, if they fire everyone the stock will go up. these guys do not have, i don't think that they really have clue right now, they are a river in fin land and i do not want to paddle up or down it. don in new york? >> caller: a big, big, big hello from new york. >> holy cow.

>> caller: i'll give you my question, i like to thank you for your tv program and your book, it helpful and it a god send. >> well thank you very much. thank you. i appreciate it. >> caller: my question, sometime ago i bought some disney stock, i know there's a report of increase because of the theme parks. but i would like to know the way the stock goes up and down like a yo-yo should i sell it or keep it? >> it a stock that you can give your kids. you follow it along. it was a monster quarter, bob ire did a terrific job, if you want to hear what a ceo can do, he gets paid a lot, but he deserves it the stock is making a lot of money. stay disney. there are still things worthy of worry. i am worried but the things that the companies tell me, they are better than six months ago but

the stocks do not reflect that news, i'm in not out when it comes to this market. "mad money" be right back.

we spend a lot of time here on "mad money" trying to puz out what the future looks like for the companies. we cannot we'll look into the few -- but there's a great predictor of higher share prices down the road. when wyndham worldwide announced a boost on top of a terrific quarter, it's no wonder the stock shot up. wyndham is one of the largest franchiser of hotels on earth. you have stayed at one, ramada,

days inn, they are the largest time share developer in the world to boot. i love that they boost today dividend significantly, even though the yield went up, that is what happens when stocks shoots up. let give context. two years ago wyndham trippled the pay out. they have had a 90% gain and it been working and i bet it keeps working. wyndham is a spectacular story and turnaround story, that is why i'm thrilled to have steve holmes with us tonight to talk with us about the kwquarter and what is next. great to see you, you are a man of your word, you said when you took the dividend up it was a sign of things to come. and it was. >> we feel confident in the future and that is why we can raise our dividend. >> i'm critical of buy-backs,

but i will temper it for you. >> it was this year. >> just this year. bought it back, $10 below where the stock is now. i see a company that generates a huge amount of cash and a fee for service stability stream that is unlike any other fee stream that i have, and sells at 12 times earnings, i do not get it. this a stock that should sell at a premium given the dividend and stability and return to capital. explain to me what is going on here. >> i think we are building momentum and, we are a relatively new company. i heard you say it before, you have to prove yourself and prove you can deliver. we have proved it with each quarter with earnings and with

the free cash flow. >> and deploying it in ways that is terrific for people. >> and we are not afraid, add more leverage as we go. we are bottom of the investment grade and that is where we want to be. >> what is telling on this quarter. and it not window dressing a lot of people did not stress it in the q and a, you are building a web presence that could be some of the brilliance, transforring travel, transforming hotel reservations, it sounds like this room key could be a game changer for you. >> room key is a great concept, it was put together by five hotel companies, the idea of capturing people and giving them an access point to hotels at the lowest possible price is the best way to go. and by coming to us, coming to our websites you are going to get the best price on a hotel room and it's guaranteed.

you can come to us through room key, it's the kayak of the hotel business. >> that is the next question, i've seen people say that there's the sum of the parts situation. we saw marriott do it. marriott does not have the robust properties that you do. you have a website presence and a hotel business, are the parts worth more than the whole? >> i don't know if the parts are worth more than the whole, and i'll say they are not. you can do some of the parts and look at the valuation that we have, some of the businesses are under valued in our opinion, based on their component pieces. so, if you are doing a sum of the parts role up, i argue there's greater value there. does it make sense to break it apart. if it drove shareholder value,

we would. i have been through spin offs and split ups and stock tracking stocks, there's a lot of different ways to do it. and we look at all of them. we think right now we have a great business mix producing good cash flow. >> i was surprised that you were able to do these numbers. have you a substantial european presence but it's not hurting your business. >> 15% of our business comes out of europe, it a well balanced business over there, it's exchange and rental. and frankly european rental is a main stay for the way that people vacation in europe. and our product is in the best possible places. in prior downturns we have seen pressure but germany right now is in a great position and they are the largest travel market in europe. they are the largest travel in the world, so there's balancing points over there. we managed through it though. we feel like one of our charges is to attack that and find way

to mitigate the pressures we are feeling. >> one of my themes and you'll gauge it better. consumer in america feeling better, have you a huge, 75% of your business is in the united states, have you a sense of whether the consumer is opening the wallet. do you have that level of conviction that i'm starting to get, that things are getting better? >> we have been saying it for a while the consumer may not be searching for the luxury goods. i'm not sure where they are in that regard, from a consumer's confidence standpoint, and you can see the results from the michigan studies, you feel it when you go out and see, when you walk the streets, look at the stores and go in our hotels, they are fuller and people are in in a better state of mind. >> that is what you need, things will only get better for you guys, steve holmes a man of his

word, follow the stock, it's unknown, this is a terrific situation. steve holmes, chairman and ceo of wyndham worldwide. stay with cramer. > tonight i wae

focusing on a championship franchise, not the new york giants. i'm talking about buffalo.

as in buffalo wild wings, not to be confused with the buffalo bills. this stock was born to be wild. they are $12 higher today. 70% move in one day and not a take over. yet last night. cramer said that the beer and wings chain, reported a blow out than expected quarter. turns out the only chickens here were the analysts that down graded the stock before the results. they proved they can triumph over higher wing costs. this hurt the competition. the quarter was hot, like their sauces. bwld delivered a earning with

revenue coming in higher. and bullish commentary and the guests ate 7.7 million wings during the subpoenaper bowls. buffalo wild wings is giving you a 54% gain but with the march madness around the quarter, the stock will erupt. do not take my word for it. let's go to sally smith, the ceo of buffalo wild wings hear more about the quarter and the prospects. welcome back. >> thanks for having me. >> i spoke with you on february third, you came on "squawk on the street" i asked you, wing

prices and you told me, do not worr worry, company will do fine and an analyst down graded it. why do they not get that you have consistently dealt with higher wing prices and it does not hurt business? >> we try to get that story out there. we spend a lot of time with analysts, i think the ones that really understand us, understand that we have a lot of different levers that we can pull when wing prices are high. i focused to earnings call, you can look at g and a, we have strong sales, and managing wing costs is part of the business. you can go back and look historically how we performed when wing prices were high and have confidence that we can achieve the same thing this year. >> there's a perspective that it's your only cost and this everything else does not matter that has not been the case at all with wild wings? >> no, it funny because wings used to make up 40% and now they

are 20%, so actually there's less pressure on wing costs than there were five years ago, but we have to manage the entire basket and you have labor costs, and the initiatives, construction costs to manage, and training and symptomology changes. there's a lot of moving parts. wings being just one of them. >> how many wings do we eat? it was like an inspiration, i go to a lot of airports and you mentioned that airports are a place to have them. you have 900, maybe you are too conservative about where where we can have buffalo wild wings. >> i think there's a lot of options for us, we have two buffalo wild wings in two airports, one is in houston hobby. for southwest airlines and we have in the international terminal in jfk, both doing great business and we are on an

army base in el paso,texas and there are a good 60 to 75 major airports that we think that buffalo wild wings is a great fit and i talked yesterday about smaller towns. those with a smaller buffalo willed wings footprint, not a lot of dining options there, but you know, why not? bring wings and beer and great sports viewing to some of the smaller towns across the country. >> i was thinking why wouldn't you have one next to every college and two or three, i know i went at the university of michigan, couldn't every college campus have a buffalo wild wings? >> oh, sure and we are in, we are located near a lot of college campuses. we will also open in the suburban parts of market as well. colleges is where we started and it's still providing a great

growth vehicle for us. the thing about colleges, you have to wait for the right site and we have a great real estate team on of the of that. >> one of the things that people are talking about, i have a second to ask you about, five million followers on facebook, what does facebook do for buffalo wild wings. >> we just upped that number to six million facebook followers, we are -- >> how did that happen? my numbers were recent. >> no i know they were five million, i was looking it over. i think we resonate with people. we have, we will post a question and they will come back with all kind of -- kinds of answers. if friends are at buffalo wild wings, their friends join. i have a live twitter feed on my computer approximate -- in my office and people talk about i'm

going to bws tonight and i'm going for wing tuesday and boneless thursday. we hit that age demographic well. >> i have been known at times to have a beer or two, nothing beyond that. but you have graded the beers, that is a lever where you could presume ably, i'm have is -- having the hot sauce with my buddies, and now you have upgraded beer, so you have that lever too. >> we do, it was a focus of ours in 2011. is that beer experience. i have said it before, cold beer cold. and we increased the number of tap handles we have. so we can let those general managers work with their local markets to say, okay, what local craft beers do you want on tap? provide great revenue for us, brings money to the bottom line and gives that guest exactly what they are looking for to go

with those hot wings. >> a lot of restaurant companies were on the griddle today. you are under estimating that the weather was great. how much do you think that weather helped you? >> we took a look at weather throughout the midwest, it been wonderful and on the coast as well, not too many major snow storms. if we look at fourth quarter 2010, we had 20 basis points in same store sales. if people want to get out during a snow storm, they will get out and i want to make sure they are coming to buffalo wild wings. >> you have done a great job, and you've been forward with everything that is going on. thank you for coming on "mad money." >> thanks jim, always great to talk with you. >> guys i don't know, the doubting is sometimes, you know, you can be too skeptical people. sally smith told us, don't worry about wings, you made a fortune

in the stock if you listened to her. this stock is not expensive. stay with cramer.

it is time, it is time for the lightening round. and then the lightening round is over. are you ready? time for my home state of new jersey, mark. >> caller: mark from new jersey, a big, big with booyah to you. >> right back at you.

>> caller: listen my stock is dndn. >> i like it lower not here, it had a big move. let go to sal in florida, sal? yo, sal, sunshine, speak to me. >> caller: big booyah from clear water, florida. >> i'm getting ready for opening day down there. what is up? >> caller: i have voxx. >> you go there, go harmon, they are a better company. let's go chad in new jersey. >> caller: booyah, huge fan. >> thank you. thank you. >> caller: and do you see a positive future in investing in pep boys. >> no, they are getting taken over, there's nothing there, go home, manny, mo, and jack and you. let's go to david in california. >> caller: the bears are sleeping for the winter, booyah. >> bears all over the place.

>> caller: my stock is cov, are they selling off their pharmaceuticals unit and should i buy more? >> i am getting a good feeling for them. stick with them. and let's go to mitchell in kentucky. mitchell. >> caller: booyah from kentucky. >> booyah back at you. >> caller: i've been people's united financial for a while. a and did not know if i should buy more. >> i do like it longer term. rich? >> caller: booyah, jim, your old firm, goldman sachs. >> they are going higher, nobody likes the stock. another one, morgan stanley, i had a face off with my friend, and i got to tell you, he thinks that morgan stanley is a sell,

but i think it a buy, buy, buy. keith in pennsylvania? >> caller: hey booyah. >> my old stomping grounds, we know it. >> caller: pfizer getting hammered should i sell? >> no they have a big buy-back, it not my favorite, but they are fine, they will be protected by that yield. do not forget before it online meyers. i do not care that it came down a bit. i like it more. vincent. >> caller: what is up, jim? >> not much. >> caller: i want to know where ford is headed. >> ford is doing okay, there have an article about how bad gm is doing in europe. but ford has china, and gm doesn't. let go alex in the sunshine state, florida, alex. >> caller: booyah, wall green -- >> walgreen's is in a pickle here, they did not do the scrips

deal. so they are a push. jeff in florida. >> caller: a big warm booyah from florida. >> man, we have a lot of sun shi shine today. >> caller: i've been holding to line energy. >> everything is up in the air in oil and gas, i do not mind it, but i no on longer like it as much. i would like to see a8% yield step up. let go to kristi. >> caller: i'm calling from ohio, a big booyah to you. >> that is an awesome booyah and best in show. >> caller: what can you tell me about aa. >> they are debating closing another plant in australia. if europe comes back that they

go back to 14. i think it okay, i cannot recommend it. that ladies and gentlemen is the conclusion of lightening round. l and hurtle us all into space, which would render retirement planning unnecessary. but say the sun rises on december 22nd and you still need to retire, td ameritrade's investment consultants can help you build a plan that fits your life. we'll even throw in up to $600 when you open a new account or roll over an old 401(k). so who's in control now, mayans? ♪ [ male announcer ] offering four distinct driving modes and lexus' dynamic handling, the next generation of lexus will not be contained.

the all-new 2013 lexus gs. there's no going back. ♪

i like big themes cannot lie. that was the third theory of investing, i'm like a broken record when it comes to my favorite themes, have the long-term trends in the back of your mind so you can buy the stocks that work when they pull back. but every you pull-back has to be skranalyzed. perrigo, it is going through the great recession, and it changed the consumer's attitude toward trading down the cheaper store merchandise. these days it seems insane to pay for the name brands when the generics work just as well. ity -- perrigo reported higher than expected sales and rose

16.8%, the stock has now come down to 94, perrigo is ten points off their high, as people are worried about the j and j recall problems have been surfacing. these seem like legitimate concerns, so let's check in with the ceo and find out more. welcome to "mad money," have a seat. we have all of your products. >> i in tnoticed, they look gre. >> they are all the same, they all work the same. >> same safety, and same quality, approved as the national brands and store brands. >> i'm a big bull in the economy, more bullish than the president, and the republicans and ben bernanke. i worry as more people do better, they will go back to their other brands and you may return to your historic,

excellent trend rate, but not the blow out rate that you had. >> well, jim, we know that once a person makes the decision that they will come from a national brand to store brand, 91% they stay with the store brand. even if they get a better job or make more money. they still have to cut back someplaces and we give the same quality and safety and effectiveness, so they will stay with store brand. >> more times migrate when times are harder. the migrations may slow. >> there's more migration when times are hard, but we are launching a number of new products this year, we are launching 45 new products and when those products are available, people will progress to the store product. >> how does that compare to the years before? >> we have over $10 billion

products that are prescription today and that will move over the counter and give us an opportunity to introduce store brand in the next five years. >> you got a leg up because of all the problems in the labs, of j and j division, people say they will come back. can they cut price and take the share back that they lost, in your opinion? >> i cannot speak to their plan, but my belief is that everyone from national brand categories, they try to focus on innovation, rather than cutting price. they will come out with new innovation, and for us that is great, it gives us more targets to follow them. >> i was listening to restaurant chains saying the weather was great and it boosted sales. it has not been a good cold and flu season for you. do i have to worry about it? >> the weather has been good and we have not seen the cough cold

season, if we compare it with last year, it's down 8% this season from a year ago. however for us, it's about 12% of our sales so the majority of our sales are outside of cough, cold, flu, we are worried but it not a major worry. >> can you tell us the bigger maims. people say, what am i going to see that i will be paying a lot more now? >> we will launch the store brand version of mucinex, we have the store brand version and we will launch it over the next 90 days and a product called prevavid, we will launch that and we have the store brand equivalent of delsym, it a cough cold product and a claretin-d

that we will launch a store version of, allegra-d. we have so many new product opportunities that is what is exciting about perrigo in the future. >> you guys are honest. you call out that there's a dramatic decline in birth rate. that can hurt your diapers and formula. >> the birth rate is down 3%, the category that we are looking at is the infant formula category, we are down slightly in the u.s. but we believe that most of that was of really a tributed to a one-time game we had last year when one of our competitors had a recall absent the recall we are doing fine. >> are you able to control commodity costs differently from

other places, a lot of people in category are saying that everything is going up. same view? >> we do a very good job, because one of the things that perrigo does is we make our own active ingredients for our products. those ingredients are the 50% of our cost, that allows us to keep our cost bases down, versus what the competitors are seeing. >> when a drug goes generic, that is prescription, the share falls. should we presume over time that your share will increase because of the over the counter drugs come out? >> we do not get quite a quick scale up in ramp up on the generic products but we gain, the most recent product we launch happen was allegra, we are in the first six months at

50% of the value has come to store brand. that gives us a remarkable opportunity for the future as well. >> excellent, joe, thank you for coming on joe papa, chairman, ceo of perrigo. thank you so much.

welcome back to all request week on "mad money," again i'm humbled by how smart the audience is, the ideas that we

are getting, they are amazing. you see the ticker, there's yours, keep them coming cramerica, let's get into it, not all etfes are created equal. as part of the all request week here on "mad money," images for a cause tweeted, wondering why i embraced the gold etf and not any other ones, it's a great question. i think that most of the exchange traded funds are doing a disservice to those that buy them. they are often the hottest trend or are offsetting day trading, but the gld is not one of those etfs, they are not risk on and risk off, it's the price of gold. what makes the gld better than

the metal, buying gold is not easy, you have to store it sh l usually in a bank, and it costs you money. take it home and try to hide it. of course, you can buy coins and i like it as an asset class, but the markup on coins above the high cost of gold, outrageous and you have to hide them. you can buy the gold minors but the gold miners are having a trouble capitalizing to 11-year rise, because the expense of mining has become tough and the easy finds have been had. and then there's the beautiful gld, this thing acts just like gold, goes up and down, and close to a proxy as you can find. and you can follow my action orders. why does the trust own the iau

and not the gld, the trust has restrictions on what it can and can't trade if it's mentioned on "mad money," and i mentioned the gld so often, that way if i want to buy or sell it, i'm not frozen by the show. why don't i like the effs because i'm dedicated to finding the best stocks not the mediocre stocks, you are giving in to that when you buy a basket. we do comparative stock analysis every night and i show you why some stocks are better than others, and you have an etf that lumps them all together, and you want that? i say she you can do better, don't settle for the etf, unless it's a gld, keep your comments coming, tweet me,@jimcramer #mad tweets.

stocks are still rising is it the fed. and a santorum win can skew the race. and insider trading in washington.

[ male announcer ] for our town. [ dog barks ] for our country. ♪ for our future. ♪ this isn't just the car we wanted to build. it's the car america had to build. ♪ the extended range electric chevy volt. from the heart of detroit to the health of the country, chevy runs deep. from the heart of detroit to the health of the country, [ technician ] are you busy? management just sent over these new technical manuals. they need you to translate them into portuguese. by tomorrow.

[ male announcer ] ducati knows it's better for xerox to manage their global publications. so they can focus on building amazing bikes. with xerox, you're ready for real business. tspark card from capital one... spark cash gives me the most rewards of any small business credit card. it's hard for my crew to keep up with 2% cash back on every purchase, every day. 2% cash back. that's setting the bar pretty high. thanks to spark, owning my own business has never been more rewarding. [ male announcer ] introducing spark the small business credit cards from capital one. get more by choosing unlimited double miles or 2% cash back on every purchase, every day. what's in your wallet? this guy's amazing. look we have a great one going tonight, use cold cash, hot women and get himself in with the miami university football players, remember the scandal, he was running a