quad ws. >> you guys were so welcoming. >> come on. was that sarcasm? >> no! >> oh okay. because we are. >> four ws on the short covering rally. >> catch "fast money" again 5:00 p.m. eastern tomorrow. i'll see you on the half tomorrow at noon. at noon. "mad money with jim cramer" begins right now. my in addition is simple to make you money. i'm here to level the playing feemd for all investors. there's always a place to make money somewhere. i promise to help you find it. "mad money" starts now. >> hey, i'm cramer. welcome to "mad money." other people want to make friends, i'm trying to save you money. my job is not to just entertain you but et ok'd andducate and teach you. call me or tweet me. de

deluge. demand for stocks is waning which is why on this first dave a new quarter, the dow fell 78 points. s&p 500 declined .had%4%. and believe me at some point it was real ugly. i often talk about what actually moves stocks and how they can react to a whole series of inputs earnings forecasts, employment gains federal reserve policy changes. these are all substantive game changers. they can impact your portfolio. however, there is a whole series of issues having to do with the mechanics of money management. while the issues are rarely talked about except perhaps on this show they can have every bit as much of an impact on your stocks as those heavyweight fundmmentfund funneled. al inputs i mentioned. that's why i focus on the secretive workings of money management, the busy used to be because these forces are extremely powerful. they can wreck even the most

jovial of bull markets. and none is more deadly than the impact on all stocks from new supply. for the longest time this market's been tight. meaning there hasn't been a lot of supply. a lot of new stock around. we've had a lot of equity offerings. half the number of ipos that came this time last year. we've been devoid of tech deals. and the market loves te tech ipos because they cause the whole tech sector to brim with hope. the buyback that's have become a stable can always make the supply of stock more scarce. the voracious aprilpetite that companies have for their own stocks put a floor under the averages especially on bad days when the markets may be rocked by a failed greek blowup that kind of thing. and we've had untold mergers, hundreds of billions of dollars with, so bullish that they retired so much stock that you almost figure that if you wait

around long enough your company will get a bid as those who own alergen or kraft found when activist and heinz came around. today is something different. something that could be truly worrysome if it keeps up. all you have to do is look at the hideous pounding that happened last year at this time. you know what i'm talking about. i'm talking about a flad gate, companies that come to market and offer shares that nobody wants or shares that will cause investors to liquidate other stocks so they can buy this new medicine. the stock market is like a department store they can only stock merchandise at one time. you have to discount the existing merchandise to get it to move. en that discount causes you to lose money on any stocks that you already have that you haven't sold. now before i delve into the players to have day's action this is really just day one of

the flood. a hard rain if you will. that can very quickly burst the levees and lead to serious and worrysome dislocations even if the fundamentals were good for the entire market which, by the way, they're not. there are international companies that can let alone make the number let alone beat the number. i got to tell you the strength the dollar is a very zero sum game. where our trade, our companies lose. and the competitors win. unfair yes. but we have to deal with the aftermath. the short falls sneak up on with you the bankers showing the strength. they note game better than us. that's the case with two ipo thaz we're going to talk about now. first is go daddy. that web services company came public this morning and then

exion, a craft store that will become public season. i was there for the opening of go daddy. for the record i wasn't crazy about it. not just because of the silly antler hats at least that's what i thought they were that go daddy people were wearing around me or the stock symbol gddy which may stand for giddy, something that smacks more of a top than a bottom. no what i didn't like is this company was able to raise $460 million even though it's never been profitable in all the 18 years of existence. and the hallmark may be the amount of spending it does including expensive super bowl ads. sure, go daddy only lost $143 million last year. but that's a very big improvement over 2013 when it dropped 200 big ones or 2012 where it got clobbered with a $279 million loss. i'm sorry, that's not a glowing pedigree. if you got go daddy on the deal you should ring the register at tomorrow morning's opening and be proud that you got a 30%

monster gain. congratulations. you're not going to want to hear about this. this is going against the farm to table grain that i like to talk about. epsy, i think it's a loser. i find this deal quizical. aligning the offering document saying, and i quote, we have a history of operating losses and we may not achieve profitability. ceo chad dickerson was quoted in a business insider article two years ago saying the company's been profitable since 2009. maybe they're different kinds of profitability. beats the heck out of me. then there are the gigantic secondaries littering the playing field. today abbott labs let go of shares this they owned at $58.35. it's a discount. ton of dough. that is why it probably broke down and closed at $27.94.

no thanks. on top of that came 12.49 million shares of burlington shares. that came at $59.20. offered by shareholders, not the company. including some real smart private equity guys. you're buying from people who may be much smarter than you which is something i always try to avoid. maybe that's one reason why this deal didn't hold either. the stock closing down more than a buck from where it came. bad sign. it they wouldn't bother me so much if they didn't come on the deals of biotech companies that lost varying degrees of money. we'll spare you of some of them. some of the deals like the $100 million raised by bioscience which was up 87% for the year it priced at $29 and broke down immediately or the $338 offering by intercept which had been up 80% for the year $282. immediately fell to $264 for seven's sake closing at $276

down $5 for the day. i regard these as worrysome. way too much merchandise out there. you get bad pin action. and that means the steady eddie companies. remember, the buyers who like these deals sell other stocks because they don't have cash lying around. they're always walking around 100% invested. they sell the stock to take in an intercept. and that explains the weakness in biotech and also the weakness across the board in tech. they had to raise money for go daddy, retail. they had to do burlington. you get the picture. the destruction of biotech and pharma in particular cause med to shutter. those sectors just aren't ready for this new supply. the discounting feels like a rush to filene's basement. now there is some positive signs of it. the oil stocks are up. needless to say, when oil firms, we have a problem in the pesky transport that's like so much. >> all aboard. >> and the airlines onab

literated. they're getting pulverized nearly 5%. hardly a day goes by where some member of the leadership doesn't get taken out and shot and when it happens, we have to blanch the casualties left on the battlefield number april has ever been down in the third year of a sitting president. i know the dow is down 500 points. we're due for another bounce. either ahead of or let's say in the wake of friday's key employment number. kind of a big bad number post worry that will probably cost something good next week. but the bottom line is supply is the enemy of the bull. and we don't want today's action to be ar bin engineer of the new quarter just begun. let's go to amy in florida. amy? >> yes. >> you're up. >> hello. >> okay. my question is will mcdonald's

set an example for the world and offer vegetarian and non-gmo foods for their customers? >> you know what? this is a great question. what i like about him, he's very -- by the way, very bullish for the economy that everyone is getting a bump in the raises at these places. mcdonald's he'll try anything. is he going to become farm to table? that's a giant farm and a real big table. but i will say this. he's willing to try things. it wouldn't shock me. and it wouldn't shock the chipotle guy who's feel that will be good for the old parent to get on the right page of food history. how about larry in massachusetts. >> hey, jim, i did hear this morning that miguel hired go daddy consultant on your super bowl ad? >> next. two part question on your dividend cedar fair. >> yeah i like the fund. >> all right. payout ratio is 161%. other than nlps what types are

excused from uche dividend coverage of two times earnings and i noticed they're in the buy rating among the analyst. i would be wrong to chase even though i'm more than 20%? >> the buyers, they don't go to the coasters. that's how i knew about funneled. and i also like six. that's another place i've been. to i like those. those are fun for the whole family! and that's why i like them. i think you should stick with them both. they generate a lot of cash. go to kirk in illinois. kirk? >> yes, jim. since receiving a conditional okay from the feds on the stress test bank of america stock is on slow decline. what do you see bank of america stock doing in the coming months? >> what i think it doll? bank of america? i don't know kind of what it's been doing. you know they're still not getting that clean bill of health from the feds. bank of america is situation where if you are in it you should think why are you not in wells fargo. okay, dick in virginia. >> hi jim.

happy easter. >> thank you. >> my question is about gilliad. the chart shows the top was at september at $117. it's now down to $98. i'm wondering if the other biotech horses biogen or celgen woechlt offer any more appreciation? do you think i should sell? >> it is my least favorite now because of that really difficult entrenched competition from abvi. i do think bioagain coming down and cel dn ds gene at $112. good way to start it. gilliad is history. people are worried about the competition. they have to do something major. they have to prove they can use that cash and give earnings power and growth. today we show the force of supply and demand take charge. this is what you have when there is too much supply and not enough demand. what a show. fresh and natural food is a growing market for you and me

and for our furry friends. i have the ceo of fresh pet. the stock up is more than 15% this year. oil is on a wild ride. now could be the time to get in. hey, you know what? i have to reel my favorite play. a woman's health care biotech stuck with a very promising pipeline. why don't you stick with cramer? >> don't miss a second of "mad money." follow @jimcramer on twitter." send him an e-mail to madmoney@cnbc.com or give us a call at 1-800 hip-743-cnbc.

is fresh pet finally ready to roar? here's a small cap, yes, it's a stock right at the intersection of two hot trends. the organic and natural food craze and the increasing amounts of money and attention people in this country lavish on their pets including yours truly. we sell all natural meat based pet food used with minimal

processing and needs to be stored in a refrigerator like human food. the stock had a strong first day when it came public it was $50 a share. it hasn't done much since. however, last night the company reported terrific quarter. in line earnings 38.4% year over year. new fridge growth. this does matter. fresh pet continues to take market share and sales per average up 11% year over year. that is the best number in ages. management is issuing healthy guidance. it jumped a buck. can it keep climbing? let's check in with richard thompson to hear more about the quarter and where the company is headed. welcome back to "mad money." good to see you. it was a terrific call. i think that there must have been people who thought that you would either guide down or say the market isn't that growing, 60% in sure position. and yet the velocity increased and they gave me a feeling about what inning we're in now.

people thought the game was over. >> no, i think we're still in the first inning. this is a $20 billion market. i'm going to take my billion dollars and we're growing and you can see any time you have some brightly lit colorful fridge that stops consumers in the store, we got something to talk about. >> and while you had more to talk b i heard about you had to correct someone because it's a new fresh baked line. not -- >> a dry, dusty nibble. >> no, tell me about. this i thought you bring something and i'd have a couple of fresh baked cookies with you. >> we might eat some of this in a minute. >> it is puppy patte. >> yes. the fresh baked is something we're testing. but a lot of our consumers mix this product with their dry kibble. we've had a lot of consumers that say can you do something similar in a more dry form. so we've been working on. that we're going to test it. and satisfy some of our consume

consumers consumers. >> besides satisfying the consumers, there are retailers that felt the integration wasn't going correctly. not slowly but looks like that that bumpy part is over and is green fields from here. >> yeah it's never over. it's always hard work. >> it's hard work why? hard to install? get the space if the store? >> when you bring something like this into the store, you take out four feast something. >> it's a disruptive technology. >> totally. but whether you put this on the end cap, end cap of all the target stores in the country, right, then you see this. people stop. they put the brake on. they usually don't buy the pet food. there they go down the aisle and buy something else besides freshpet. >> now how about this headline from credit suisse? the short sellers raising target prices. velocity why would that buzz kill the 60 periods of the people short the darn stock? >> i think originally we came out a lot of people had some

concerns about the velocity growth of our freshpet. >> can i ask you why since -- you know where i am on organic and natural? why are they concerned? >> any time you have something new, innovative and disruptive people want to bet against it. when you look at the team we have, they're very successful. >> they made a lot of money for people. >> they're highly successful executives. so they know what they're doing. >> goldman sachs typically does not do what it did in the -- in its particular note that was incredibly bullish. potential acquisition target. richard, they just say it. someone just might want to buy it. that is not goldman sachs research. they must feel like because of your background of successful selling of companies, is that what this is from? >> i have no idea about that. i don't have anything to do with it. i keep my head down. our team just keeps doing what we're doing, grow velocity and stores. we have a lot of innovation in the pipeline. as you know this fridge is

sitting here. that is one of our very best products. it is called fresh from the kitchen. it's a shredded product that looks like it just came off the dining room table. when you open this up look at that. >> it does. >> it doesn't look line kibl. >> it does look like human food. >> this is good stuff. not only do i -- >> i don't know. i had pet pepperoni. i threw up on the set after. but yours is problem by better tasting. >> this is great stuff. i feed this to my dog pot roast. my chocolate lab is pot roast. >> i have bug and everest. my mom said you don't put pet feud in refrigerator. is that a real objection? >> to some people it could be. but with the humanization of what people are doing with their pets living in the house and the bedroomed and with the health and we willness brands it's perfectly fine to do it sealed in the bags. you know it's like fine.

>> right. no problem. >> are you finding that people are finding the mass retailers are finally recognizing that can you have chinese pet food in the stores? >> that can you? >> you can't. >> yeah you can't. you can't. it's not -- it's to undependable. that's crazy. >> i thought there is room. get rid of those guys. if they put a red flag on food of what the chinese make would anybody buy ever? >> not to my knowledge, i don't think so. i don't think they wover buy it. this is made locally with fresh meat and vegetables. >> you have a new factory in bethlehem. >> you have to be the new big employer since the casino. really a long and steady -- it's not one time only. >> we spent $30 million building phase one. now we're spemding another $25 million building phase two in order to keep up with the sales. >> so you are in it for the long term. >> we're in it for the long term. >> how much more expensive are my dog and cat going to break the bank? >> no, absolutely not. it's $1 for dog per day for

about a 30, 35 pound dog. it's very affordable. it may be a little more expensive in some cases. but it's got a great value. >> well if it keeps them healthy. we think organic, even though is no documents evident from the fda that you live longer. it's just what common sense says. >> your mother says. >> don't bet against our mothers. richard thompson this was the break down quarter. what i can tell you? "mad money" is back after the break. coming up, oil's wild roller coaster ride slowlowered expectations for the entire group. could now be the time to dive in? krayemer is unveiling his way to play the commodity chaos.

there's nothing more romantic than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision

or any symptoms of an allergic reaction stop taking cialis and get medical help right away. why pause the moment? ask your doctor about cialis for daily use. for a free 30-tablet trial go to cialis.com

resilience in oil, duly noted. it closed at $49 and change despite a buildup in inventories or the stepping up of stocks itself. let's deal with crude. i talked to a huge number of oil and gas executives. they are adamant there is actual demand. physical demand for oil in the low 40s. no not commodity trading demand not hedge fund command but users of petroleum. two ceos had been kind enough to go on record here saying that

oil has overshot to the down side when it gets to $43. dave cody the ceo of honeywell, a company among other things makes refinery chemicals says that oil should live in the 50s. it is the energy conservation business on earth. haven't you ever heard of thermostats? we have to have a baseline forecast. he's made it. plus you may endlessly hear the chatter that chatter that cushing oklahoma, is totally backed up so prices have to come down. that is a simplistic way of looking at the oil market. there are many hubs many refineries are available that can take crude. cushing is not as important as it was. what really matters, if we were swimming in oil in this country, why the heck are we still in 47 million barrels a day? think. some refiners are obligated to take saudi crude. we're not shutting down. we're refining. we need it.

let's deal with the oil stocks themselves. the most important thing you need to know is that the expectations are low. so low in fact they could be beaten when the companies report. yes, i have a more bearish forecast than most. i think we're in for a long slog, maybe the levels give or take $10. i can see where the oil companies might actually beat the newly lowered estimates and there are so many down grades in this group of so many stocks that they've really taken the positives out of most of them. more important is the behavior of the secondaries, the equity offerings they have brought to the market in order to be able to preserve save their balance sheets! there are terms on them. they've been stellar. there is huge stock at $45 and i told you to buy, it's over auto. over $6 auto million worth of snok $112. it's $118. noble energy is $47.50. even lowly worm whiting

petroleum saw a monster amount of stock at $30 and a desperate maneuver. deleting the results. that stock is up $2 from where the secondary is priced. so the disaster that is supposed to happen hasn't. you think fabulous money in the secondaries. that's why we can conclude it's time to pick up an oil service company from your portfolio. we want to have a bigger position in slob as it's known and the whole sector as a whole. there are just too many positives here in a group where people got way too negative. sure, i'm concerned that iran might do a nuclear deal with the united states and hit the market with a few more million barrels of production a day. i think demand is picking up. the oil market isn't stupid. there is a hefty disopportunity to in place. iran is expected to flood the market. so let me give you the bottom line about oil. all in all, oil is the sector with the low eflt expectations now that we're in the second quarter and that may turn out to

be precisely where you want to be. j.d. in california. j.d.? >> boo-yah, ski daddy. we love you. n. venture yachlt. >> you do? highway 101? >> you got it. >> man, that ventura is cool man. i used to love hanging there. what's going on? >> i like jerry evans, the chairman of magnum hunter. oil and gas producer. my question is can magnum hunter weather the low natural gas prices beyond 2015? >> they have to do a deal. now we've been saying that preferred is better. but magnum hunter must do a deal. he has to free up resources. they do that, then i think they're fine. let's go to terry in maryland. terry? >> boo-yah for you, jim. >> boo-yah back at you. >> i've been crossing the bridge with chicago for the last six years ever since the president was lekted. i got out of the stock about six months ago. do you think cdi is tied to the

gas prices and gas prices go down cdi goes up? should i get back in? what do you think. >> cbi is a bridge too far. i don't think you chance it. i think that problem -- one sector of the oil and well services i don't like is the infrastructure/drilling construction business. anybody in the infrastructure for oil, it's going to be tough times. i don't that i stock bottomed yesterday. let's go to clufrpgy in texas. >> boo-yah, jim. >> how you are, chunky? >> i want to get your opinion on buy, hold sell on pattern energy? >> that is an energy company i do not know. so i'm going to have to reluctantly pass and do home work on. pattern energy group. all right. we're seeing an impressive resilience in oil. plenty of positives developing. that may turn out to be exactly where you might have to be. not for the whole portfolio, please. it's okay to start buying one. much more "mad money" ahead including my interview with a biotech focused solely on women's health.

i'll see if you can own a market that many left behind. then do your stocks have what it takes to survive the up and down market? let me be the judge. hey, rapid fire calls just ahead. april fool's edition of the lightning round. tesla goes to $1,000 april fool's! stick with cramer. ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration.

you can call me shallow... but, i have a wandering eye. i mean, come on. national gives me the control to choose any car in the aisle i want. i could choose you... or i could choose her if i like her more. and i do. oh, the silent treatment. real mature. so you wanna get out of here? go national. go like a pro.

now that we entered the second quarter, the economic growth can be moderating. all the pharmaceutical companies are more attractive. does that mean it's start to circling back to the high risk, high reward companies? take advantage of the amazing first quarter that the group just finished. take a look at this question through the lens of therapeutics md. txmd. a pharmaceutical company focused on women's health by developing advanced hormone replacement therapy. therapeutic's md pipeline has a host of production that can help women after menopause. therapeutics md doesn't seem that expensive. the stock trades north of $6 a

share. remember, this can be volatile in playing fda led with the development stage company is never a sure thing. take a look at the stock with the co-founder and ceo of therapeutics md to learn more about the company and the prospects. welcome to "mad money." sorry to stumble on your name. okay, you have got eight potential products, two of which are in phase three of which we think could each potentially generate a billion dollars in sales. but our viewers are not familiar with what these products do. please explain. >> sure. thanks for having me on. it's great to be here. first of all, to understand what our three candidates are, you have to understand what a woman goes through in men owe pause. menopause is when a woman's ovaries stop producing two hormones, number one, estrogen number two progesterone. all the fda approved products out there are synthetic today that doctors use to get rid of the hot flashes caused by this reduction in estrogen.

and nothing new since 1990. >> no. no new lower effective doses. no new natural estrogens. since the women's health initiative, a large study showing increase in breast cancer and cardiovascular using synthetic hormones women have moved to natural hormones. the problem we have to sol sf that there is no fda approved natural hormone combination. we're the first people to put it in phase three. they're currently 30 million prescriptions a year. and at a branded price, that's a $6 billion market opportunity filled exclusively by compounding pharmacies. >> right. let me ask you something that my executive producer said i should ask which i think is right. we see all the ads. we know that there are by yonz of dollars spent on erectile dysfunction dysfunction. why have this giant unmet need why has it not been addressed by the pfizers of the world? >> all large pharma abandoned

women's health research. >> why? >> they all went the nonhormonal route. >> because they're worried about cancer and cardio? >> fun you i saw pfizer. i actually have the director of worldwide's women research that developed duavi. it's not selling yet. one of the big issues are women just want natural hormones and they don't exist. and that's what we look to do. >> okay. you are in many ways involved in things where it seems like throughout the literature you're trying to get women in tests, trying to get people to test. if people knew there was something -- these are terrible things that happen. >> oh, yeah. >> if they knew there were trials and things are pretty safe, they would want to be in. yet throughout the -- you try to say listen we need more visibility. what do people do? >> well from a visibility stand point, if you need hormones the only option you have to s. to go to your doctor and go to a compounding pharmacy. >> there are only two of them in

the whole state. >> well. >> i know. you know how hard it is. >> absolutely. and there are risks there. we look to remove the risks, prove the right ratios and doses and have phase three data and get it approved. >> you have had to do -- these are february 2015. you did one in july 2014. now they all worked. now why do you have to continue to finance? it is because the tests are so expensive to do? >> they are. we've only raised abouted ed we've only raised abouted ed$d $ $edd about $200 million since we started the company. typically it's $2.5 billion to take things through phase three. we still have $110 million in the bank. we should have both patients next quarter. >> also you've got your chief clinical officer dr. bernic 20 years department of gynecology and then your chairman of the

board is tommy thompson. >> sure s. >> how did that come aboard? he was hhs. >> the last company i started was called care fusion. i started it in 2001 sold it in 2006. tommy was second of health at that point. he actually was in office when the women's health initiative came out and he feels if natural hormones were used dur the whi, the xwlout come would have been different. he is doing everything he can to help us. because he feels this say blemish on his political record that needs to be fixed to help women. >> i didn't even think of that. now this is also he understands as you do the population growth of the target audience is growing by leaps and bounds. >> yes. i saw on your show 10,000 women today are turning 65. >> incredible. >> hey, i'm a fan. >> i know. you obviously are. thank you. you also have the -- i should mention the vitamins. they're selling now. >> that's an infrastructure play, yes. >> go ahead. do you have revenues.

>> it's a profitable small part of our business. it grew 71% last year. but here's the key. no one's promoting in this sector of vva or hot flashes. so what we're doing is keeping that infrastructure in place so we can take this to market and we don't have to partner it and we're trod do that. >> look i want people to do their home work. there is a small cap company. i thought the niche was incredibly powerful. and the unmet need, one of the biggest we've ever had on the show. i know this is tough stuff to do. >> it sure s we'll get it done. >> he is the co-founder and ceo of therapeutics md. you heard he founded carefusion which one is of the biggest picks we ever had on "mad money."

it is time for the lightning round. are you ready? ski daddy. lightning round starts with john in south carolina. john? >> hey, jim. inside therapeutics. >> pain management. good company. make money. be careful. johnson & johnson has a pain management thing brewing that can but a the love other companies, products not in a strong position. let's go to rob in virginia. rob? >> how you doing, jim? what do you think about kppi? do you think it deserves premium valuation? >> all the clinical stage

pharmas are hostage now to the massive number of secondaries i see given the seven that i've seen already. so be careful. be careful. there are stocks supply lurking everywhere. billy in connecticut. billy? >> what are your thoughts about dunkin' brands? >> i'm not a fan. i love my coffee. i love my dunkin' donuts. i think it's terrific. i like the coffee because it's real hot. i think the stock stalled in the mid 40s. i like growth. i don't think they have the growth. they missed the numbers a couple of time. they do a lot of things like donut day. i don't want good tasting donuts. i want earnings per share growth. let's go to derrick in pennsylvania. derrick? >> starbucks, buy it or leave it alone? >> starbucks i like. i was talking to the director today. i said yeah people say maybe we should have sold some for the trusted $98. it's all the way back. sometimes you have to own stocks for multiple years to make the biggest payoff. and that's how howard shultz makes you money. howard shultz and company.

ron in maryland. ron? >> hey, jim. big boo-yah from oakland, maryland. i like that today. what's up? >> i'm calling about kmi. i bought kmp about a year and a half ago. you had it on your show. >> right. >> you recommended it. i bought it about $57. before it merged with kmi, it was up to $108. >> yeah that, was a good hit, sir. and now you own kmi which my travel trust owns. we have a real nice yield. a nice little stock that's done well in a position where the whole group is collapsed. i say hold on kmi! lois in south carolina? >> hey, jim. what is your take on hca? >> i'm jealous. the stock is such a winner. i have to stick by it.

let me throw-in unh. let's go to rob in north carolina. rob? >> boo-yah, jim. thank you for taking my call. >> absolutely. >> lot of book. it's been so helpful. i'm human. i broke four rules. you clearly laid out in that book. i impulse bought applied materials the morning after the semis got crushed. do i sell it? >> no applied materials. i don't know if that took the deal is going to go through. that thing has been kicking around for ages. it's long in the tooth. i'm going to wait more. i'm starting to think that you're okay. how about joanne in rhode island? >> hi jim. first time caller who is also a widow looking for dividends and interested and barrel gas partners. >> i don't trust propane market. there is a glut of propane in this country in obscene proportions. you're swapping into kinlder morgan, kmi. we get a little more. we cut the yield. it's true. we never reached for yield. let's go to chris in illinois.

>> boo-yah, jim. thank you for taking my call. i was wondering what your thoughts are on alaska airlines? >> right now the airlines are heading down. i like alaska air is just a terrific situation. i would buy alaska air. please understand right now the airlines people worried about the march numbers. when they see the march numbers, the stocks will drop. the shorts will cover and you'll catch a nice bid in alaska air. let's go to donna in texas. >> boo-yah, p daddy. i got a stock that is really great for summer supplies. it's big lots. what do you think? >> yeah. big lots got tacked. i'm still a kohl's and dillards guy over big lots. let me throw-in urban outfitters. i think that right now has the most momentum of any one in retail. can i go to justin? justin in arizona! justin! >> cramer thank you. i want to tell you i'm debt free within five years. thank you. >> you can't beat that.

>> calling for ages. >> okay. i think he's going to do well. that is the vaccine company. the stock is flat lined here. i'm not giving up on it. i think he can make us money. that is the conclusionst lightning round! >> the lightning round is sponsored by td ameritrade. doug. you've been staring at that for awhile, huh? listen, td ameritrade has former floor traders to help walk you through that complex trade. so you'll be confident enough to do what you want. i'll pull up their number. blammo. let's get those guys on the horn. oooo looks like it is time to upgrade your phone, douglass. for all the confidence you need. td ameritrade. you got this. in small business you have to work hard, know your numbers, and stay focused. i was determined to create new york city's first self-serve frozen yogurt franchise. and now you have 42 locations. the more i put into my business the more i get out of it. like 5x your rewards when you make

select business purchases with your ink plus card from chase. and with ink, i choose how to redeem my points for things like cash or travel. how's the fro-yo? just peachy...literally. ink from chase. so you can.

listen it's wednesday. what does that mean? time to play am i diversified? diverse fiction as we like to call it the only free lunch. period. so call me. you give me your top five holdings and i tell you if the portfolio is diversified. maybe you need to mix it up a little bit. buy, buy, buy, sell sell sell. let's start with a tweet. the twitter people are so kind to me of late. here we have it. who says my top five holdings are apple, atlas resource partners emerge energy services, lindco and tesla. am i diversified? let's go to work here. okay. so we have apple, tesla is a fabulous car that is a stock. atlas, thank you very much. these three good that they're cordoned off. you have three energy companies in which we're going to keep atlas.

sell emerge and buy bristol-myers and we're also going to pick up instead of lind i'm going to pick up schlumberger. i don't like either one of those. we need a health care kmbkarcare company. we can't do bristol-myers. i like united technologies. it's come off the top. they're down eight from where they're doing restructuring. united technologies is for this person. let's go to edward in texas. edward? >> p daddy. let me give you a everything's big in texas boo-yah. >> done your way. >> i love your show. congratulations on "md money." >> thank you. >> here is to another ten or five like my nephew says. go ahead. >> i have apple, bpp, scx, sdrl and siri. >> all right. we have work to do here sir.

we have some work here. all right. that is an oil company. c drills oil. that's not so good here. the fcx sadly bought an oil company. you have three oil. we have to do the same thing here. do a bristol-myers. okay. we're going to do united technologies. actually, i don't like any of the oils. we're going to go schlumberger. apple and sirius is speculative. you are overweighted in oil. let's go to steve in ohio. steve? >> hey jim. good canton ohio big boo-yah you to. >> right back at you. >> hey, my stocks are apple, starbucks, royal dutch shell, philip morris and general electric. >> you didn't ask am i diversified. i'll do that myself.

travel trust names. so you have tech. you have restaurant you have oil and gas, you have a multicon multiconglomerate and pm. you know what? we'll let pm. i thought it would be better to have the domestic. i don't mind that at all. that's a good collection. i want to say go tigers! stick with cramer. r notice. you're quitting!? technically retiring, sir. with a little help from my state farm agent i plan to retire in 15 years. wow! you're totally blindsiding me here. who's gonna manage your accounts? this is a devastating blow i was not prepared for. well, i'm gonna finish packing my things. 15 years will really sneak up on you. jennifer with do your exit interview and adam made you a cake. red velvet. oh, thank you. i made this. take charge of your retirement. talk to a state farm agent today.

mr. cramer we absolutely love the show. >> boo-yah, man.

>> i have learned so much if you. >> boo-yah mr. cramer. >> i know you hear this all the time, jim but thank you, thank you, thank you so much. >> this has been my best year by far and away in the market. >> i want to thank you for looking out for the regular guys out there. >> i am trying to teach people to be better investors. i'm doing my darn best. >> great to hear your voice and know that you're there for us. >> remember certain phases of market supply can overwhelm demand. that's where we are right now. we don't want to see a huge number of biotech speculateive offerings. that kraelreally hurt us. i have to tell that you you have to keep your capital dry. these big ipos and underwritings for companies that aren't making that much money or not priced well, they can hurt you. i'd like to say there is always a bull market somewhere. i promise to find it for you on "mad money." i'm jim cramer. see you tomorrow!

>> tonight, on the profit key west key lime pie company, a pie company nationally recognized for their award-winning desserts, run by a temperamental owner... who micromanages his selfless employees. >> i call bull[bleep] to that. is there anybody that does anything competent down in the florida keys? >> with resources stretched thin at multiple locations... >> you want me to order it even though there may or may not be enough money to pay for it? >> don't worry about that. >> u.s. key lime pie company has failed to make a profit on $1.4 million in sales. if i can't get this owner to focus on his core business of pies... if we don't make, we don't sell it--end of discussion. this business will crumble. >> i really don't want to filmed during this. i really don't. >> my name is marcus lemonis and i fix failing businesses.