they've had a huge run in the last ten days. >> why is that bad? that should be a moment of happiness. >> that's good. >> take >> you need to get in the game. >> they're nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money." you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you some money. my job is not just to entertain, but to teach and coach you. so call me at 1-800-747-cnbc. let's just right to it. how important is china? oh, boy, we know it was important today. the people's republic was the

proximate cause for the week. the dow sinking 15 points, s&p coming up .39%. nasdaq declined .68%. last night, the chinese game out lower than growth forecast which caused a contrived panic. among everybody who was already negative, which is a substantial group of people to begin with. now, every weekend for the past 32 years, i get the charts, specifically a little paper loose leaf -- like a little paperback, called the s&p chart book. it's hand delivered to my house. because when everyone else is out at the movies on saturday night or maybe they're at parties carousing, i like to start a fire in the fireplace, put on some bob dylan and take a deep dive into that s&p chart book.

totally trumps all of that faux fun activity that you pretend to enjoy. apple, oh, they hammered that one. and then the hideous derivative plays of china. heres, i'm thinking about the coals, the rails, the minerals and the machines used to get the stuff out of the ground. the charts were saying, look out. what's going to happen is the prc is going to lower the boom on its economy. so when the chinese did exactly that, say not that a hard landing was in the cards, but the economy is slowing and growth will be more internally oriented. the charts had already foretold this disappoint. caterpillar kit on us two weeks ago. same with freeport mcbrand, which has been trading like copper turned green for days now. alcoa has been stopped in its tracks. and it still looks very weak.

most important, the oils, which ceased to trade with crude two weeks ago, you know, took a real header led by national oil of arco. the rig maker that trades like a hedge fund play thing. something we saw large in 2008, when n.o.v. traded from $90 down to $17. pretty much in a straight line. >> the house of pain. >> hedge fund is always fighting the last war. we're saddening this one on the way out. it's now plum etted 18 in the last two weeks. don't forget, some guys were getting out ahead of this, which is why the market had started to be funky already. now, it didn't help by the way that the straight up charts led by apple had an ugliness to them. here's what so's intriguing. first, as we're finally saying around here, this is not 2011 where a china head slap would have hit everything we had.

today, we had lots of stocks that did go up. the defensive stocks. they've been knocked around, on the ropes, for much of 2012. now they're starting to play catch-up, including heinz, which was stronger by a tab. the drugs, pfizer, mmerck, they're up. tech needs apple to go higher because no one wants to venture outside of the tech ring without the apple umbrella which is supposed to last until the big ipad three later this week. the banks, they drifted. but i think both tech and banks are going to catch bids later in this week -- catching a bid, that's authentic wall street gibberish for a buyer is going to come in with these stocks. i took out a real cheap scotch, listened to the times they are a changen and perused the charts one by one. i tweeted my findings all

weekend @jimcramer. and at last, cramer was becoming a chart believer. most were still in diapers or in the womb or nonexistent. now, if only i could get zynga to develop a game "charts with friends" so i could communicate with my kids while perusing those pictographs. now, the question is what's the entry point? so far, 2012 has not afforded us easy opportunities. i've described the hideous charts. i think a sizable group of stocks, including these defenses like the consumer product groups, have simply been biding time during this moment. now it seems like they could be ready to roar if you get a couple days of stability. here, i'm thinking, yes, mcdonalds didn't go up idly. pepsi cola looks like it's declaning.

the government, wisely, is recommending more internal consumpti consumption, which is fine for many of our imports. putting up more kfcs, more starbucks, more mechanic donalds. does anyone think that china is going to crash land? even as that's become the general perception, yes, if china catches a cold, copper gets some real headaches for the moment. especially because the world is way too much steel and way too much aluminum. but the united states, the largest economy in the world is going from bad to good. and that's just as important, if not more important, than china going from good to not as good. we're so down on ourselves in

our economy that i genuinely believe that if you ask people around this country which economy was the biggest up and down most important in the world, many would simply shrug their shoulders and say what do you think, idiot? if oil can calm down, then i think china can engineer a soft country, european countries can keep from defaults and the united states can continue to grow stronger and stronger. nobody wants to see the markets headed loader. if you were to crash my chart party of one on saturday night and actually seek to try to get me off my game, perhaps with a good chianti and some fava beans, then you would know that i was very concerned ahead of what could be a crucial labor department report on friday. here's the bottom line. thanks to over-blown concerns about china, we're working off what i regard as an over-bought and unsustainable position for

most of the charts i looked at this weekend. that's actually a positive, not a negative. certainly doesn't feel like that when it's happening. allowing some of the capital good stocks to rest and recharge while the stocks of companies that fill your kitschen and bathroom cabinets as well as your fridge finally get a 2012 chance to shine. let's start with gary in texas. gary. >> caller: hi, jim. thank you so much for being there for us. >> my pleasure, gary. >> caller: can you give me a clue what's going on with a.i.g.? >> well, first of all, that's robert who is a remarkable c.e.o. i wish he could come on the show. i thought the world of him for years. he understands insurance. they are selling some assets. they had, you know, i know people, like, said, well, their earnings are all contrived. forget it. this is a good core business. the government should soon try to sell its stock and ring the ridegister and make the money. linda in my home state of new jersey. >> caller: hi, jim, booyah, thanks for all of your great help.

>> thanks, linda, i'm trying. >> caller: well, last week, sarah lee announced they were going to spin off their coffee and tea division. >> right. >> caller: what do you think that means for the stock? >> i think it's huge for the stock. i literally was going to try to do a piece today about recommending sarah lee, linda. but you know what? i don't like to recommend stocks that have just run up severely. that stock could be due for a little pull-back. but this sarah lee split is very positive. i think you should hold onto it. unlike many things, the market is not made in china. use this to your advantage. china -- look, china woke the sleeping bears today. but i've got to tell you. the united states is what mat r matters. and we are slowly but surely coming back to life. and you cannot be shaken out just by some chinese data. that's not going to work in 2012. "mad money" will be right back. >> announcer: coming up, rethinking tech. where's the real innovation these days? cramer is looking for a new breed of tech stocks.

tonight, he's got one that might surprise you. could it have a bullet-proof formula for profits? then, later, perfectly tailored? a highly doubted retail stock soared after blowing away the street's expectations, leaving investors to say. >> what the heck? >> announcer: could it still add some style to your portfolio? plus, text temperature. apple is poised to announce the next generation of ipad this week. but where does it leave the rest of the world? cramer is taking the pulse with the exclusive in tech data with c.e.o. just ahead coming up on "mad money."

on a grumpy day like today, i wanted to fall back on a new

theme here on "mad money," changing the way you think about technology. for the last 20 plus years, we viewed tech as a sector. one that's all about gadgets and software and doing things on the web, all under the rubric of information technologying or "it." but before the late '80s, tech was nothing special. nobody really thought of technology companies as being part of their own, unique group. they were just another type of cyclical. stocks that did well when the economy was strong and suffered when the economy was weak. and then a series of big innovations changed everything. e-mail, the web and for the next decade, tech became the hottest secular growth the world had ever seen. a group that gave you year after year after year of spectacular games. a whole lot of this collapsed. if you want to find the next generation of terrific growth stocks, it helps to know the history. the greet technology bull market

of the '90s was about innovation. not technology, per se. innovation. that's the key. companies that really know how to innovate generally have stocks that cannot be stopped. now, traditional tech cohorters became a lot less innovative. a lot of private companies very innovative. they're going to become public. there's a whole list of companies that we don't classify as tech plays, even as they're seizing innovation by the horns and using science to create boat loads of useful new products. in other words, they're doing technology. i'm calling these players new tech. because they really are the technology place of the 21st century. last week, i introduced this concept with an apparent company. under-armor. tonight, i've got another stock for you that's right at the bleeding edge of innovation, in multiple parts of the economy. i'm talking about dupont. dd for all of you home gamers. wilmingto wilmington, the second largest

chemical conglomerates, but, by my standards, is a gigantic tech company that happens to be in the chemical business. dupont is fantastic. it sports a 3.2% yield. i like it so much that my child trust owns it. but this ancient company is one of the last names that anybody would ever think of as a tech stock. my dad would sell boxes and bags in wilmington and just be amazed. big smokestacks, you know, i mean, you thought it was industrial. that perception is dead wrong. the truth is dupont is perhaps the single most innovative large company i know of. the corporate culture is all about using science. to tackle some of the toughest changs out there. it's about transforming society. and, boy, dupont has been doing it a long time. you don't stay in business for 200 years without being able to adapt to the evolving marketplace. they're not coming up with a bunch of hair-brained ideas. they use rigorous methods to

come up with new opportunities and clollaborate with their customers. every year, they bring together over 500 scientists from across the country along with stake holders, i wish they would invite me, in a big, technical conference. i want you to think about kevlar, yeah, the bullet proof stuff. think about teflon, right? how about tyvac, a watter proof synthetic material. along with corian, which might be what your kitchen counter top is made of. mine is. or here's another example. fuel efficiency. standards for miles per gallon keep getting higher, dupont introduced a host of new products that helped make cars more lightweight. more recently, they've come up with nano fiber-based separators for batteries used in hybrid vehicles. and that is just the tip of the

iceberg. okay. so why am i so hung up on the idea of getting you to think of dupont as a "technology company"? why? because i need you to understand that this is not merely some chemical, cyclical play, okay. dupont is now a speculative growth story. why does this matter? because the stock is up 200% over the last three years. that's spanking the s&p 500. after that kind of move, it's natural to think you missed it. no reason to buy here. but, wrong. as long as dupont keeps innovating and v, the stock can keep going higher. now, these days, dupont is foe cussed on solving three big picture problems. the kind of huge themes i talk about all of the time. feeding the world, reducing dependence on fossil fuels and protecting both people and the environment, safety. the largest part of the business is dupont's agriculture and nutrition division. on the nutrition side, the

company comes up with new ingredients used to produce sugar, fat and salt and packaged foods. we like that. in terms of agriculture, dupont is not just a tech stock. it's a bio tech stock. it's almost bringing planting season. i'm going to get better tomatoes. last year, they got the blight. probably not that relevant to this piece. so, it's a desire -- i'm better when i'm in my own garden. this garden is a little makeshift. i may have to take it down after the show. they're designing a genetically modified seed that helps farmers get more -- many different kinds of seeds, actually -- get more and more crops out of the farmland, insect-resis tent. in a world where we have more mouths to feed every day. there's like 7 billion of them. especially since countries are becoming wealthier and eating more grain-intensive foods like meat. farmers need to get your yields up. they have to. their yields are too low.

and dupont seeds are the way to do it. this year, they're coming out with 154 new corn products alone. and 33 new varieties of soybeans. how important is this? remember, we destroy half the corn crop with the ethanol -- it's not really half, but you know what i mean. we use way too much corn for our cars and not enough to worry about feeding people. and then there's dupont's performance chemical business where they make titanium dioxide -- excuse me, titanium dioxide. a white pigment that's used in paint, plastic, sunscreen, you take it for granted. tooth paste, too. hey, it's everyone in the filling in oreos. that's a hundred-year-old brand that i always eat first by opening the oreo, by twisting the cookie parts to get at the ti02. that's the fancy name for the pigment. more price increases were just announced in asia and the united states this year.

no wonder hydrox went under. dupont is the only to have expanded its production capacity. they've designed two new poll mers that help it dry faster, prevent rust and last longer. the company has an industrial bio sciences division where they make synthetic rubber, bio fuels, eh loch tronic material segment has come up with a new printing process for flat panel tvs. and they're advanced protection business has new forms of kevler, both electrical insulation for cars to allow for more compact motor and designs. there's terrific exposure to the markets that are growing so well. wow, companies rolled out innovation centers in each of these countries to better serve and understand local markets. they're not just in wilmington anymore. and that's a move that i think will pay off big time, especially since emerging markets make up a third of the market sales.

so it's no wonder the company can grow earnings at a 10% clip long term. what does surprise me is the fact that the stock trades at a measly 11 times next year's earnings, average stock trades of 14. you think this stock is worth less than the average stock? dupont is a technology company. it's easy to understand why this one deserves a much higher multiple than just the s&p's 14 times earnings. here's the bottom line. dupont is not a dodgey old chemical company. it's one of the innovative firms i have ever seen. i think dupont will force the market to view it as a technology company and that means the stock could go much, much higher. even with a slower china and a u.s. housing market that is just beginning to rebound. >> stay with cramer. >> announcer: coming up, perfectly tailored? a highly doubted retail stock

soared leaving investors to say. >> what the heck? >> announcer: could it still add some style to your portfolio? hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office.

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there's nothing worse than watching a market that doesn't

make any sense to you. more people get driven to the sidelines. after all, who wants to play a game where you can't know the rules? and that's why i created a new segment here on "mad money." >> what the heck? >> it's call ecalled, "what the" anyway, where we highlight stocks that have seemingly crazy moves and i've tried to explain the method behind the market's madness. tonight, i want to talk about a name that uh you'you've probabl heard of. it's a chain. it's called asna retail group. last week, this retailer came out of nowhere and reported a blow-out, better-than-expected quarter. it immediately caused the stock to gap up 5.4% the next day. when the news hit, the reaction was pretty much universal. asna? what the heck is asna?

a new skin cream? a greek bank? and how could a company we've never heard of being doing so well? but even if you were familiar with asna, and regular viewers of the show should know this one because we've spoken to the c.e.o. device in the last 12 months. the results are really staggering. as is the fact that this stock is up 39% since the first of the year. so what the heck is going on here? first of all, you do know asna, even if you've never seen or heard of it before. this is the company that started off as dress barn. boring old line brand if there ever was one. they changed the name about a year ago because the dress barn chain had become just one part of a much larger business with two other highly successful brands merged under one roof. still, when you think of asna as

the artist formarly known as dress barn, it's staggering. a 16 cent beef? and it wasn't just the bottom line. asna posted 14.6% increase in revenues. substantially higher than what wall street was looking for. the best beat i've seen this year in retail. to top it all off, the company raised its four-year earnings guidings for 2012. and this was after asna upped its forecast once back in january. so riddle me this, batman. how on earth did dress barn, how did that manage to pull off such a stellar quarter? you don't normally see this kind of growth from such a mature concept. you could say that it's not just dress barn. the growth is all about moresis and justice, which is their brand for tweens.

when you look at sales numbers, they were strong across the board. morisis up 3%. justice up 12% for a total of 8% for the entire company. for me, that's the most impressive thing about this story. high single digits, same-stores sales growth. it is not like any of these concepts are brand new. they're 825 dress barns in 47 states. 80 morises in 44 states and 917 justice stores in 46 states. yet, those comps were spectacular for a mature retailer. lately, we've seen so much strength from other retailers. two other umbrella organizations that were up from asna. they were still calling it dress barn and people could remember it. but people didn't know about the strength that morisies and justice. hey, this is asna. and then they'd see it. when the company changed its name to asna, it dropped off the

radar screen. it's part of why so many investors have been taken by surprise. asna is a hidden gem that people have to relearn. they stood steve miller's joker logic on its head. some people call maurice asna. but what's driving these phenomenal numbers? first off, three are basically value concepts. stores that offer fashionable for low prices. second, all three concepts have been taken shares, especially dress barn. back in 2009, asna decided to slowly shift from being a fashion follower, where all of the clothes were about a season behind to an on-trend retailer with all the latest styles. tough move to pull off. it means selling more expensive merchandise, talbots tried it last year. asna pulled it off by doing it slowly. and now they're reaping the rewards of greater pricing power. third, asna has been setting up

shop in less populated areas. strategy is working so well that justice is following suit. justice for all, you could say. it makes me believe this rally could keep going. fourth, justice, with that fabulous 12% increase in sales, only national retailer out there solely dedicated to tween gerlachs. right now, justice is the number 3 player behind two guys that aren't focused on it. walmart and target. i think they're likely to surpass target any day now. it's practically become a lifestyle brand for tweens. that's why the stock has been moving up practically in straight line since the new yahr began. you know what? giving the stunning decline in cotton prices chrks are a big input cost for all of asna's brands, i think this rally could still be in early innings. the stock is only selling at 13 times earnings, 15% growth rate. that is cheap by anybody's

standards, even as you may not exactly like this kind of style. oh, and one more thing. if you watched "mad money," you wouldn't have been saying what the heck when asna reported last week. we heard from c.e.o. david jaffe back in december. he was extremely upbeat. so bullish that i was won over, december pilot my mispronunciation of asna, which rhymes with athena. the stock is up 50 -- the stock -- the stock is up 53% since then. a fabulous return in less than 6 months. if you paid attention to that interview, you wouldn't be saying what the heck but i told you so. the bottom line, shocked nearly everyone with a spectacular quarter last thursday, except for you if you've been watching "mad money." but if you had been paying attention, there was nothing surprising about these results or the stock's fabulous rally. do you know that even after this

move, asna is still worth buying? sure, i'd like to see it pull back before pulling the trigger. but at least now you know what the heck is going on with this off-the-radar-screen retailer. let's go to joe in michigan. joe? >> caller: jimmy, a maizing b-b-b-booyah to you. now, let's get serious. >> yeah, let's get serious immediately. >> caller: let's talk about what happened in india today with them blocking the cotton exports and how that's affecting my retailers. >> yeah, i saw that. >> caller: what's going on? >> i've got to tell you, joe, that news came out and i was radically thinking about walking out. i checked with my commodity guys and people say there's such a glut of cotton, you don't have to worry about it. but when i analyze it, i don't know a soul who thinks it's going to change the dynamics. lilt's go to doug in my home state of pennsylvania.

doug? >> caller: hi, jim, big bucknell university alumni booyah to you. >> how have you been? >> caller: one of the best professors i ever had. >> he uses real money as a textbook, but he's a hard greater. grade. >> caller: but very fair. here's my question. dick's sporting goods, dks, reports earnings. last week, dks upped their estimates. however, i was reading the earnings transcripts from their november quarter. the c.e.o. indicated that a warm winter would adversely affect their sale. how do you reconcile these two data points? and what's the play tomorrow morning if dks comes in with numbers below estimates and pulls back? >> oh, boy, you know, i once actually tried to predict dick's as a quarter ahead of it. and i got it wrong. and i've got to tell you, i'm not going there again. but i do want to hear what they say about nike and underarmor which i think are very strong.

these are particularly good if you have a lot of barbecue over the weekend and then had a lot of soft pretzels and stuff. otherwise, i don't know if i really ceffeel like i'm styling. the artist formerly known as dress barn is now asna and is dressed to kill. i have some people call me maurice. but, anyway, i think asna is worth buying. stay with cramer. [ dog barks ] appears buster's been busy. [ man ] yeah, scott. i was just about to use... that's a bunch of ground-up paper, lad! scotts ez seed uses the finest seed, fertilizer, and natural mulch

that absorbs and holds water better than paper can. looking good, lad! thanks, scott. ez seed really works. so, how come haggis is so well behaved? 'cause he's a scotty. oh. scott: get scotts ez seed. it's guaranteed. seed your lawn. seed it!

it is time, it is time for the lightning round. and then the lightning round. are you ready? starting with eric in california, eric? >> caller: b-b-b-booyah, mr. cramer. >> what's up? >> greetings from sunny, california. i'll calming about verify

systems. tay. >> yeah, fverify phone, yeah. i have to give them that conference call. i can't just opine without listening to that conference call. that would be against everything i teach here. that just came out and it does not look that good to me. let's go to john in new york. >> caller: yes, jimmy, booyah. >> booyah to you. >> caller: reported earnings today. >> okay. oh, yeah, arco, yeah, there's one i am familiar with. that's the mccdonald's arco. i think this is a good reason to own mcdonalds, but i did not like the quarter -- i don't want you to own arco, i want you to own mickey d. >> caller: i'm from spain. how are you? >> i was in the house of pain last week. what's going on? >> caller: tck, it looks like

it's falling like a shop knife. >> right. tck is china. that's why i felt the shark knife i was going over was definitely linked. we were like, ahhh, we own this freeport. i mean, that's got a 3% yield and teches got a two. so i prefer the ahhh to the uhhh just to put it in a pain perspective. let's go to mike in new york. >> caller: hey, jim, how are you doing? ? >> just okay, mike. some of my cyclicals got hit. what's up? >> caller: nothing. i have a question about the slvi share, sylva? >> every time that gets too hot, people lose a lot of money. that thing goes under 30. let's go to boris in ohio. boris? >> caller: booyah, jim. >> booyah, boris. >> caller: listen, i need some help. several years ago, i sold

phillip morris international with reinvested dividends that faired well. now, i'm concerned with phillip morris international with a 52-week high. owning a number of shares, would hate to part with it. >> i've got to tell you, it's doing so well. bulls make money. bears make money. that said, i've got to tell you. that's best in show. and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by t.d t.d. ameritrade. gravitational pl 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?

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the nasdaq rallied close to levels it hasn't seen in a decade. not everything is going perfect. weakness in europe, which is a huge market for all things information technology, or it. that's why tonight i want to take the polls to the tech sector or data. a wholesale distributor of it products that can give us a terrific read on the entire industry. now, tech data reported last tuesday, february 28th, even though they delivered 11% earnings, the revenues missed some estimates. falling 7%.

well, is this a serious disappointment? or is tech data going to sell off no matter what? why? because the stock had just run up over 40% since august going into the quarter. in my view, given that tech data gets about 60% of its sales from europe, i thought that was a remarkable quarter. let's check in with bob dukowski and find out what's ahead for the whole industry. >> jim, thank you. >> have a seat. >> thanks for having us. thank you for coming on. now, first, through the conference call, something remarkable here. the strong market was the european operations. 21% sequential growth. yeah, 2% in euros year over year versus the united states -- versus the americas, which were down. how can europe be so strong when all we hear about is europe being so weak? >> it's interesting. if you listen to the news about euro europe, that's very different than tech spending. the southern part of europe, portugal, spain, italy, are very challenged from a tech spending perspective.

but the northern part of europe, u.k., france, the in ordnordics germany, continue to be strong. when you blend all of that together, we're able to deliver the kind of results that you saw. and we continue to be relatively bullish about the health i.t. spending in europe. >> now, i would think that a lot of i.t. spending would be bank, financial. but we keep hearing about how the banks are all hobbled over there. >> they are. our strength was snb. europe is much of an snb economy than the americas are. and, so, the snb market continues to be strong. and the consumer market was weaker, when you average it together, we did pretty well. >> manufacturing, great in germany. >> it is, yeah. >> so you definitely have a lot of demand. germany is really strong, right? we always forget that here. >> it is. and to give you another data point, we have -- we've been in business over in europe now for over 20 years.

we had the best quarter in the u.k., the best fourth quarter, in 11 years. so there are pockets of strength. our model allows us to identify the segments that are strong. >> you had asked a question in your quarter about how he says you have 22% yield of your business is hewlitt pack-ard delivered. >> the 22% is accurate. think about the magnitude of what h.p. offers in the marketplace. everything from really high-end servers, which we sell, all the way down to printer cartridges, which we sell. and every stop along the way. so that diversification that exists, you know, storage could be strong, servers could be strong, printer cartridges could be weak. and if we can move our model to focus on the really hot product products, tech data can do well even if h.p. is awful.

>> is there anything stronger than mobile? that's clearly an area that you foresaw as a place that necessarily disk drives and commoditily strong. >> back three or four years ago, we decided to de-emphasize the commodities in the i.t. base. disk drives, chips, memories. and if you look at what's happened to that market, they've been very volatile and tough for a company of our size and scope to find profit. we decided to focus, instead, on the data center. this past year, it was $7.5 billion. >> that's the on-fire segment. >> it is, clearly. that -- so data center, 7.5 billion last year. mobility, almost 2 billion last year. software, 4.6 billion last year. and consumer electronics, over 3 billion last year. so we moved away from the low-end commodity into those four segments and they have served our company and our shareholders very well. >> i should have said right up front. you do not sell to the end-user consumers.

so people may be confused to hear that you're doing all of this business. they don't see your name when they go by. >> when we run into people on the street, they say who's tech data. you can't go to data dot com and buy. we only sell to organizations, companies or businesses that take products from us, add value and then sell them again to the end-users. but, from that vantage point, we, i think, sometimes see the real opportunity in the market, maybe even better than some of the vendors do. and they come to us for the data and the input about the opportunities in the market. >> last question i have. your balance sheet is a thing of beauty. you put back a huge amount of stock last year and, yet, you're still generating a giant amount of cash. what are you going to do with all of that cash. are you just going to keep bringing in stock? you've managed to shrink the float rather dramatically. >> yeah, in the last five years, we bought $915 million of our stock. and we bought 14 companies. >> and you bought back your debt. >> and we bought back our debt.

so we continue to use our balance sheet as a strength to find competitive advantage. we'll continue to use the balance sheet the exact same way. fund organic growth. selective m&a and the board will continue to look at stock buy backs. >> even though goldman sachs is your stock to sell. >> we're going to continue to drive value for our shareholders. >> it is amazing. i felt with this down 7%, this might be when your window opens. i mean, it's a nice decline they give you to buy. >> it is. and our board announced the buy back back in november. so our board continues to believe in this company and the direction that it's taking. >> well, i'm sure a believer. if you're doing this well, when europe turns, it's going to be remarkable. and you also get out of tough markets like brazil, which really shows me you want to make money for shareholders. >> sometimes it's harder to get out than it is to go in. but we think that was the right choice for our shareholders. >> great job. i want to thank bob dukowski. one is to learn a lot about the information technology business.

the other is to realize this is a dirt cheap stock that is just going to keep doing well. thank you, bob. carfirmation. only hertz gives you a carfirmation. hey. this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz.

general motors gets it. gm recognizes that natural gas is the fuel of the future because we have way too much of the stuff. and, also, because diesel has become super-expensive. it's only getting more expensive. not only that, gm has figured out that it doesn't matter how much the government subsidizes

electric cars. not just because of the problems of the volt. we haven't figured out a mass way to make electric cars pay for themselves. they can't go far, they can't get serviced effectively and there's no way to dispose of the batteries. meanwhile, hybrid natural gas trucks can pay for themselves after two years even if gm extorts higher prices for the machines. more important, businesses realize we have no control over energy sources under president obama. many believe the administration favors higher prices as an umbrella for the use of alternative energy. with the diesel and the natural gas cost ratio of 16-1,

with a possible savings of more than two bucks a gallon, with a chance to avoid gas lines through your potential war, than that gas-fuelled chevy truck could become a necessity. the electric car is a total nonstarter. if you want to play that angle, i wouldn't go there. the company is a little spotty being able to translate the contact on big numbers. ford has an f-250 truck. now the star, committing a third of its output to nat-gas trucks. the revolution is here. it's being televised right now. it only took ssfp years -- it took diesel seven years to go from a minor fuel to being the only real fuel for trucks. i think that's going to be the trajectory. the weak link, exxon mobile. it's a huge owner of natural gas

and exxon's intraining gens. exxon and the democrats in cahoots in with each other. natural gas is cleaner. and don't believe that hogwash about methane is worse than coal. coal kills thousands of people. if methane were a problem, we'd out law cattle. look, natural gas is cheaper, it's domestic which would help get opec's boot off of our collective net. if the government divinity embrace it, i think they'll be taken over by this. it's where we're going. it should do a massive secondary to have a war chest everywhere. the real winners? those who buy the trucks. i predict will save fortunes. stick with cramer.

today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. "for starters, it didn't cost me anything." "and i got a one-hundred dollar cash bonus for rolling over by april 16th." "i like bonuses." "plus at scottrade, there are thousands of commission-free investments." "and if i need help, i can find it online, by phone

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