mr. cramer, a big boo-yah to you from delaware. >> i love delaware. i was just there the other day consider regarding the airlines stocks, the service mentality geared towards millennial, what do you think about holding southwest over delta for the long term? >> delta reports next week. the stock is getting ham irahead of t i think that no one has ever gone wrong during this whole period buying southwest, because the company has been profitable. if you have to own an airline, i'm never going to is it stand in the was of buying luv. >>> there's a war on business and it's out of control. if the government keys v keeps it up, to bes will become a reckless asset class. >>> if buying an engagement ring may make your arms sweat, but combining a -- i'm sitting down with the ceo to find out. >>> and a bed bath and beyao coupe been with the stock down 30% over the past year, let me take a closer look. >>> great news if your dog ate your homework, i did it for you, and it could make you some money. stick with cramer. >>> don't miss a second of "mad money." foss

mr. cramer? >> you know, tesla just -- look, you've had a lot of good news for tesla the last 72 hours, and that has caused the stock to run, but you know what, it's run so much that i think it's too speculative for the moment. let it pull back, if you want to do that. i just think it's unconscionable for me to tell you to come in on top of this run and go buy some tesla. it just wouldn't be right. >>> all right, sorry to burst your bubble, but the truth is, there will always be bubbles, but ultimately, stocks represent the best value for the average person. on "mad money," over the past year, the hotel industry has been bad enough to make you want to empty the mini bar, but is it time to check into the sector once more? i'll tell you which stock could help you sleep at night. >>> then, chipotle s gone from the high-growth restaurant darling to one of the biggest battleground names in the entire market, but could it make a comeback? i'll tell you what to make of the company. >>> and i'm digging d

mr. cramer. the chair: the gentleman from north dakota is recognized for one minute. mr. cramer: thank you, mr. chairman. mr. chairman, as the chairman said, i served 10 years as a title 2 rate regulator on the north dakota commission. i know what rate regulation looks like and the internet is not an appropriate vehicle or medium for this type of regulation. the internet is not a monopoly telephone company. it is not a monopoly electric or gas utility. the internet is a dynamic, competitive innovator and even the threat of this type of regulation stiffles that innovation and we don't want that to happen. i want to address the amendment that was referred to by the ranking member of the subcommittee who i have great respect for, but she referred to the term permanent fore barnes. that -- forbearance. that is a contradiction in terms. it is by definition temporary. he who has the authority to forbear has the authority to un forbear. that's why it was not adequate to this bill. this bill simply codifies that which the president of the united states and the chairman of the fede

mr. cramer, you're an awfully good teacher and i thank you for your help. my stock is columbus i'm that line. cpgs. in lue of the trans-canada deal, should i sell? >> i'm not going to get all that bullish when it comes to these i'm that line companies. i think we're over pipelined right now. for the fossil fuels, i think they can go for a little bit. i don't want to endorse any of the i'm that lines. barb in connecticut. barb? >> caller: hi, jim, my question, staples and office deep over struggling with an old retail model. today's business world, you can buy paper, staplers, online, costco. what is the federal trade commission's reservations? >> i think we can talk about this with jack moore, the research director. they seem a little behind. stalled. the same thing with walgreens. will in florida? will? speak to me, will. >> caller: jim, thank you. i apologize. general dynamics corps. it speems gulf stream is undervalued using the evaluation. the strong balance sheet, it is trading on such a cheap free cash base i. >> it has exposure to the private jet mar

mr. cramer: thank you, mr. speaker. mr. speaker, the university of north dakota is the state's largest and oldest university in nearly 15,000 students 225 fields of study with 3,000 courses and 84 graduate education programs. u.n.d. has a reputation for research and scholarship in the health sciences and energy and the environment, in aerospace and entrepreneurship. oh, yeah, and in hockey. in fact, mr. speaker, last saturday, in tampa, florida, the university of north dakota men's hockey team won its eighth ncaa championship by defeating their opponent five goals to one. u.n.d. hockey is legendary in the ncaa with 22 frozen four appearances to go along with their eight national championships. congratulations to coach bradberry, to president ed schaefer, the entire outstanding team of student athletes and former member of the house of representatives, mark kennedy, for whom my advice won't screw this thing up and the entire u.n.d. family on their latest accomplishments and thank you for your great season and your tremendous

mr. cramer. the chair: the gentleman from north dakota is recognized for one minute. mr. cramer: thank you, mr. chairman. mr. chairman, as the chairman said, i served 10 years as a title 2 rate regulator on the north dakota commission. i know what rate regulation looks like and the internet is not an appropriate vehicle or medium for this type of regulation. the internet is not a monopoly telephone company. it is not a monopoly electric or gas utility. the internet is a dynamic, competitive innovator and even the threat of this type of regulation stiffles that innovation and we don't want that to happen. i want to address the amendment that was referred to by the ranking member of the subcommittee who i have great respect for, but she referred to the term permanent fore barnes. that -- forbearance. that is a contradiction in terms. it is by definition temporary. he who has the authority to forbear has the authority to un forbear. that's why it was not adequate to this bill. this bill simply codifies that which the president of the united states and the chairman of the fede

mr. cramer. >>> now to the markets. what we are seeing is a pretty sharp selloff, and it is global right now. check out u.s. equity futures. a triple-digit loss at this early hour for the dow. dow futures down 08, s&p futures down 15, nasdaq futures down 30. nasdaq was the big laggard in the session yesterday. looks like we're doubling those declines this morning. as for the ten-year treasury note yeel, hovering near one-month lows and lower again this morning, below that 1.80 level. we're in the 1.70 region. there's buying of u.s. government debt, pushing yields persistently lower. >> if you look at that chart, we're back at the lows on yield terms as we were at the real depths of negativity in the middle of february. just keep an eye on that, even though equity marks are relatively near the highs of the year. let's have a look at overseas markets. the nikkei down sharply as the stronger yen once again as hit japanese exporters. china managed to buck the trend as stocks closed near a three-month high. we also had two c

mr. cramer for five minutes. >> thank you, mr. chairman. i thank all of you. it's refreshing to participate in the hearing where the people asking the questions don't know the answer until you give it to us. that's really cool. i want to hone specifically on the issue of breaking modern encryption by brut force, as we call it, and that is the ability to apply multiple passcodes, and perhaps an unlimited number of passcodes and tell you, you break it. that's sort of the trick here, and it's -- with the iphone specifically, there's this issue of the data destruction feature. would removing the data destruction feature sort of be at least a partial solution to your side of the formula? in other words, you know, we're not creating the back door, but we are removing one of the tools, and i'm just open-minded to it and looking for your out-loud thoughts on that issue. >> yes, sir, if i may. certainly, that is one potential solution that we do use, and we should continue to use, to be able to guess the right password is something that we employ in a wide variety and

mr. cramer may have had something do with that. >> the wildcats. there's the coach up there. >> all right. time for the "mad dash" as you hear the cheers on a friday. where are we going? >> this may be a deal too far. this is 57 million shares being priced at 9.25. this stock did go out much, much higher. ten and change. here's the problem. when oil's down as it is today, they may not hold. this is the one right ahead of doha, but it is a terrific discount to the blast sale. >> remind everyone of what ensco does. >> they're an oil driller. if we were to look at it a couple of years aerks it used to have a very big dividend. if you believe -- and i don't. deep water drilling is so out of favor. i mean we saw energy 21 the other day. deep water drilling. it is best. if you can bierks get them in. they upsized the deal. it's going be 50, you're going to be able to flip and make a little money. i want to warn people all these deals have worked. initially they not when oil dips. pioneer did. >> all these primary offerings from these oil related companie

mr. cramer for five minutes. >> thank you, mr. chairman. is refreshing to participate in the hearing for the peoplethe people asking the questions don't know the answer until you give it to us. i want to talk specifically on the issue of breaking modern encryption by brute force, as we call it. the ability to apply multiple passcodes until you can break it. that is sort of the trickier. the iphone specifically there is an issue of the data destruction future. removing the data destruction feature, at least a partial solution to your side. in other words, we are moving one of the tools. i am open-minded to it and looking for your thoughts on that issue. >> if i may. certainly, that is one potential solution that we do use, and we should continue to use. being able to guess the right password is something that we employ in a wide variety, number of investigations. the problem and challenges sometimes those pascoe links get longer and longer, involve alphanumeric characters and present special challenges that it would take years, if ever, to a

mr. cramer for five minutes. >> thank you. it isyou.it is refreshing to participate in the hearing where people asked me the questions and don't know the answer until you give it to us. i want town specifically on the issue of breaking modern encryption by brute force, the ability to apply multiple passcodes, an unlimited number of passcodes until you break. that is the trick. with the iphone specifically there is the issue of the data destruction feature. with removing the data destruction feature sort of be a partial solution? in other words, we are not creating a backdoor but we are removing one of the tools command i am open-minded and looking for thoughts on that issue. >> if i may. certainly that is a potentiala potential solution that we do use and should continue to use. to be able to guess the right password is something that we employ in a wide variety and number of investigations. sometimes is pascoe links make it longer and longer command all alphanumeric characters, present to us special challenges that it would take years

mr. cramer: forgive me for being oud, 750,000 people of north dakota are celebrating the accomplishments of one extraordinary young man. last night everyone was tuned into the nfl draft to see who gets carson wentz. the philadelphia eagles took carson. tears of pride and admiration for the best football player ever. and the record of five consecutive football championships took a back seat to one special bismarck native and rightfully so. e is more than 6' 5" super athlete. his mind and heart are as big as his frame. his pride is in his team, his school and his community and his state. we are happy for the good people of philadelphia knowing that pennsylvania is imagining much more than a football player, but a great citizen. god bless you, carson, thanks for being a great ambassador. i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from california seek recognition? >> permission to address the house for one minute, revise and extend. the speaker pro tempore: without objection. >> i rise today to honor the life of sergio deabelo

cramer. that's where i wanted to ask you about it. to respond to some of the things that mr.said about you. we're going to listen, actually. we're going to listen, carl. hang on just a second. we'll listen to mr. suk wichi w cramer. >> there was an opinion that you founded the company. it was your vision. who with differ in opinion with you enough that they would tell you differently. >> carl icahn. >> just like thathe? joins the board. he says this guy is not doing his job even though he created the company. >> no, this guy is not doing what i want him to do. which is -- >> slow down? >> no, pay dividends and use the cash to return it to the shareholders. he doesn't want to distribute cash to the shareholders. we disagree. so on an ammicable basis, you have a different view. you're better off going off and doing something else. >> he wanted to give cash back. you wanted him to give cash back, he said no. how do you respond to what he said? >> no. let me -- like all things, completely out of context. to begin with, i love jim cramer. great respect for him. but i wish he would

mr. coffee and elmer's can it a product power house for your portfolio? and earnings season has begun. i'm talking with alcoa's ceo fresh off the report. stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. i'm in vests and as a vested investor in vests, i invest with e*trade, where investors can investigate and invest in vests... or not in vests. this is my retirement. retiring retired tires. and i never get tired of it. are you entirely prepared to retire? plan your never tiring retiring retired tires retirement with e*trade. plan your never tiring retiring retired tires retirement you're down with crestor. alright! now there's a way you can get crestor for $3. adding crestor, along with diet, lowers bad cholesterol. crestor is not for people with liver disease, or women who are nursing,pregnant, or may become pregnant. tell your doctor all medicines you take. call your doctor if you have muscle pain or weakness; feel unusually tired; have loss o

mr. chairman i yield back. ,>> i will now recognize esther cramer for five minutes. >> thank you.s refreshing to participate in a hearing where people asking the questions don't know the answer until you give it to us. that's really cool. i want to hone in on the issue of breaking modern encryption by brute force as we call it. that's the ability to apply multiple pass codes and perhaps an unlimited number of pass codes until you break it. that's sort of trick. the trick. with the iphone specifically there's the issue of the data destruction feature. would removing the data destruction feature sort of be at least a partial solution to the -- your side of the formula? in other words, you know, we're not creating the back door, but we are removing one of the tools. and i'm just open minded to it and looking for your out loud thoughts on that issue. ms. hess: yes, sir. if i may. certainly that is one potential solution that we do use and we should continue to use. to be able to guess the right password is something that we employ in a wide variety and number of investigations. the pr

mr. poppa has even had time to try to get his arms around that? is he taking a flyer on this? jim cramerit's good for valeant that they got an experienced ceo and that says something. but that was not a huge sign of success from him. that it's a good first step to actually get somebody with experience. >> it's difficult to find people who have done restructuring who are ready to come take a job that quicklquickly. it's very hard. >> back to the original question. do you think he knows what's going on there, or is he going on a leap of faith? >> i think he has to go in there and find out about the information. >> he's taken this job before they signed off on the k. >> yeah. >> which means he's ultimately going to have to sign off on the k. >> we don't know what his deal is. sometimes the incoming ceo insists that the previous ceo signs the k. >> if he's not signing the k, the stock is not going to take that very well. he's supposed to be coming in to instill a semblance of confidence, right? >> this is an issue that i think is being debated in there. he's probably going to have conversati

mr. buffett on monday. becky, you just saw catching up with the oracle in omaha last night. let's get down to the new york stock exchange where jim cramer little primmer on i love price to earnings multiple, jim, they can be 500 or they can be 6. and so can earnings. earnings can be $10 a share or a dollar a share for the same company. it's all a lot of fun, which i know you deal with that every night on "mad money." you got to have -- you got to have some thoughts about the future dynamics of both the economy and the company's prospects all these metrics mean nothing. >> absolutely. if you don't have a world view that tries to figure out where things are going you end up making a lot of mistakes. people at 2:15 decided yesterday the world is finished, china's bad, it's not a good time and they figure how good could amazon disappointed and a.m.smazon sai this is the quarter we can make -- you're like selling at 500, buying at 700. have a world vud view. that's always the takeaway from buffett. have a world view. he believes that companies don't change their stripes. that they're either good or bad and you stay on them and you don't trad