9 rally in the nasdaq. So its pretty reasonable to get some profit taking now that the Second Quarter has begun, isnt it . The selloff this morning was totally natural, and its something that needs to happen to shake out the weak hands, build a better longterm Shareholder Base for the bull. Whats unusual is the strong rebound we got this afternoon, which only allowed the dow to close down 13 points, s p to climb 6. 2 . Some stocks moved up gigant gigantically, especially the nasdaq stocks, at the same time, the economy may have had a weaker march than we would like. Perhaps because of the lack of progress in washington. So at the very least, we should probably give back some of these big gains, particularly the ones who to me seem artificial, motivated by buyers who moved the stocks themselves in order to enhance their First Quarter performan performance. One of my closest observers on twitter tweeted today that when i appeared on the Halftime Report that i sounded more bearish than i have in a long time. I certainly didnt want to give that impression. I just think we should experience some profit taking until we get to earnings season. That said, after these big runs, it sure would help if President Trump could get his way on some portion of his economic agenda, like the tax cuts that wall street is so desperate for. The longer that takes, the longer this market might need to spend in purgatory, meanwhile if you expect the market to climb, i think this is a chance to buy some high quality stocks at lower prices. Thats the true extent of my beerishness. And it really is controlled by how much they have already run. The newsletter that club members get where i talk about my charitable trust. And im obviously not going to pound the table to recommend wiring stocks, when my travel trust is waiting for a pull back. What stocks should work as we drift down . Remember, i dont think were going to have a sharp plummet, but a drift. I talked the growth stocks, the same goes for 3m and mcdonalds. All of these companies at a time when i think we need to go more global as the rest of the world is getting stronger. But their stocks could be jostled here before their report. I just want you to be ready for the jostling. It doesnt need any progress in washington to move higher, therefore they will be terrific places to invest. Where else to look . One thing i have learned that the winners of the First Quarter tend to stay strong for the rest of the year, unless theres special situations where theyre taken over. Lets start with nrg, thats the utility that went wayward for many years, its now recovering, having rallied more than 52 to date. This is a power generator, its the nation largest. Its still on the rebound, its still repairing itself. It wouldnt shock me if nrg had a few more points to the up side. And vertex pharma has been trying to develop a strong Cystic Fibrosis franchise, as has seemed to have unlocked the code to this particular disease. This one traded in the 140s back when the market first thought it developed something good for Cystic Fibrosis before a set back. Thats why i think this stock has room to run. Oddly, arconic gave its name to the spinoff, choosspinoff,. Arconic with Elliott Management trying to unseat the ceo Clarence Klein feld, and replace him with larry lawson, we own arconic in my travel trust, and it wouldnt that makes the stock a little fraud at these levels. Even if its down 4 bucks from its high. Its too cheap on the possibility of a takeover, which i know the elliott guys would like to try Something Like that. But its too expensive on earnings. First quarters fourth best performer . This ones a lot easier, its active vision blizzard. The game developer. We like to talk about big themes on this show, and video game makers like activation blizzard, they uniquely fit into the stay at home and entertain yourself thesis that has made a ton of money for viewers on this. Of all the winners so far, this is one you can buy right here, right now and buy even more on a pull back. Remember we thought about take two, how good that was. Finally at number 5, theres e ncyte report. That comes on the heels of a similar deal with merck, i dont recommend a stock solely on the basis of takeover speculation, its possible that merck or Bristol Myers actually does get some insight. The J J Partnership still lives, but takeover or no takeover, heres where i come down, i actually think incyte which is a naturals big step. Let me reiterate, i havent suddenly turned bearish, i just believe the market is due for some near term churning. And annual affair that almost always brings out sellers who need to raise cash to pay uncle sam. I want the buyers to give them to us. I am happy to wait for lower prices, but if we dont get them, you know what . That will mean i was too caw husband, thats always a possibility. But after a strong start to the year, please dont mind me if i want to get a little picky, before i end up pulling the trigger. Brent in maryland, brent . This is brent from maryland and on monday, means opening day booyah for you. I got a phillies game going on, im trying to not to look at it. I know youve been talking about earnings, i want to talk about twitter. Sure. Caller i think the inscriptions and live moments are a great start. But as far as it ipod a few years ago, everybody ask asking how it can monetize its heres the issue. I think the quarters weak, and whats happened when we have weak quarters here, is even though there may be better times ahead, people cut numbers, people say negative things and the stock drops, i think what has to happen, you got to get this quarter out of the way, before you could possibly think this could be a better quarter. Is the Company Worth more to an acquirer . Is it worth something to somebody else, absolutely, but on a pure earnings basis, we get numbers slashes, and that cou could it is drifting down to an interesting level, though. Neil in tennessee. Caller booyah from the tennessee mountains. With the price of oil and gas up and down and new pipelines being built all the time. Is Kinder Morgan a hold or a sell . Kinder, remember, did slash its distribution. There are a bunch of others that did have to because they have better Balance Sheets and i recommend those over kinder. Welcome to the Second Quarter, we anticipated some profit taking and that gives you bargains. I think you should wait for better prices, maybe im too cautious, thats just who i am. This is the fastest growth stock around, theres no disputing that, how can i be so sure . Stick around and youll find out. And chipotle has had a tough go of it since its 2014 issues, is it time for a turn around . And a company capitalizing on the field, your phone and maybe even your garage. Ill tell you all about it just ahead. So stick with cramer. Dont miss a second of mad money, follow jimcramer on twitter, send jim an email to madmoney cnbc. Com. Or give us a call at 1800743cnbc. Miss something in head to madmoney cnbc. Com. My business was built with passion. But i keep it growing by making every dollar count. Thats why i have the spark cash card from capital one. With it, i earn unlimited 2 cash back on thats why i have the spark cash card from capital one. And that unlimited 2 cash back from spark meanssing. Thousands of dollars eacyeargoi. Which adds fuel to my bottom line. Whats in your wallet . The brand is known worldwide for style, grace and power. But in a high end market, is the appetite for luxury as robust as the need for speed . And with so much horsepower can the stock be as stunning as the ride . What do you do with a ferrari thats been down the road . Thats a question we need to answer, because the stock of ferrari which aptly trades under the symbol race, its been flying lately, more than double the past 18 months and the crui cruising is crushing every other performer. Ferrari used to be a smaller piece of Fiat Chrysler until the big automaker spun off its subsidiary a year or a year and a half ago. Like an actual ferrari, i said this stock had an incredibly expensive valuation. There were some selling issues with the stock that made this company look more like it was due for a fall. It bolted all the way up to 60 on its first day of trading. Ferrari swiftly started getting hammered. This one traded down to the low 30s. Just a few months later. But a funny things been happening since a little more than a year ago, ferrari is coming back bigly, where the shares set a new alltime high just last week, making it the fastest growth stock out there. I couldnt resist, i have been teasing it like that all day. But it is fast growth stock. And more importantly can ferrari continue to move here s . First some background, ferrari is a household name. When you think of the highest of the high end, just insanely High Performance luxury sports car, this is what comes to mind. Fiat started acquiring a major stake in ferry right up until 2009, and then it spun off early last year. I have to admit, i did not see this recent rally coming. I just didnt. What is behind it . When ferrari came public, the key question mark was whether the company could truly deliver on its plans to ramp up from 9,000 vehicles to 25,000 in a year. That doesnt seem like very many. But these things sell for hundreds of thousands of dollars a piece. And the way that ferrari maintains up to 9,000 units by 2019 to avoid flooding the market with fancy sports car. However before the ipo, ferrari had never made over 7,500 cars. The other issue, even if ferrari could raise its production, could they also maintain their Pricing Power while making more cars . Or will the increase in supply make them more exclusive and therefore less valuable. At the time of the ipo, i told you that ferrari would have to make 7,500 cars in 2015, and 8,000 cars in 2016. Even better u management says they can make 8,400 vehicles this year, thats about 100 more than necessary, and on the latest conference call, the ceo indicated that 10,000 cars might be in play in the not too distant future. 10,000 cars . So, yes, ferrari has been able to ramp production, but what about that Pricing Power i mentioned . Thats a harder question to answer as ferrari is pretty cagey about what theyre selling their cars for. Ferrari rose 4. 6 last year. In other words either ferrari is selling an incredible amount of spare parts or its pricing has held steady. I think the latter makes more sense. However theres more to this move than just the car business. Ferrari has two more segments, one for engines. Think maserati, alpha romero. As well as the money their Formula One Racing Team makes. For awith engine sales rising 55 , to 338 million euros, thanks to the success of the maserati, which runs on a fiat engine. They used to be part of the same company and in care of the same ceo, ferrari is making a killing from its engine business now. Even the commercial division is up 7. 10 , that was thanks to ferraris formula one team. Youre basically betting on things like racing results, but for you its running on all cylinders. The companys made some major cuts to its selling, general and administrative costs, as its gone public. Along with ferraris operating budget has expanded up to more than 20 . The company has become a lot more rigorous in terms of costs within the house. Theres one more positive factor that doesnt get much attention, the rebound of the european economy, which i have been telling you about for a long time now. Ferrari is not just based in italy, but theyre in the middle east, africa. In 201, this region saw an 8 growth. So ferrari the company is doing fabulously. But im hardly the first person to notice that race is off to the races. In recent months, the analysts have been climbing all over each other to recommend the stock and boost their price targets. Which brings me to with the one big problem of this story. Sure, ferraris business is in great shape, but the stock is far from cheap, 31 times next years earnings estimates. And remember, ferrari has doubled. Stocks dont double in less than 14 months. When you see a red hot stock, you should never be afraid to admit that you are late to the party and youve missed the move. Ferrari is in terrific shape, and its very well run, but i worry that the easy money has already been made here. So for the moment, im staying on the sidelines with this one, regretting that i missed it. The stock of ferrari is like driving an actual ferrari, you need to be in love with risk just by buying it. Im trying to maker do with this incredibly cool jacket that i got when ferrari went public on the new york stock exchange. Chipotle has drug. Ill reveal it. The worlds most destructive forces. Ill reveal the secret to your success. What if we could bring you better value by having better values . At blue apron, we work directly with more than a hundred family farms. So instead of spending on costly middlemen and supermarkets, we can invest in the things that matter most making farmland healthier. Cutting down on food waste. And bringing you Higher Quality, fresher ingredients for less than you pay at the store. Because food is better when you start from scratch. Get 30 off at blueapron. Com cook we are are investigating a cluster of e. Coli infections. Boston college says the number of students sickened from an outbreak of noro virus has reached 120. Were doing a lot to rectify this and to make sure that this doesnt happen again. We can assure you today that there is no e. Coli in chipotle. Give me a break. There is no e. Coli in chipotle, ive been eating it all day. Anyway, as the stock of chipotle gotten its groove back . Ever since they got hit with a wave of e. Coli breakouts in 2015, i have been saying this over and over and over again, that restaurant chains can and do come back from these Health Scares, but according to history, it takes about 18 months for the numbers to turn around. For those of you who dont remember, chipotle stock went into free fall in october of 2015, when the first reports of illnesses started popping up in the media. Share price tumbled from just below 700 down to 353 roughly 13 months later, last november. The darn thing got cut in half due to in store plummeting sales. But like ive been telling your for a year now, chipotle is a very well run company. The norovirus scare really got the clock started again. This is something we learn from looking at the trajectories of taco bell after they went through similar things. Chipotle is doing everything they can to prevent a peat of the outbreak. And also to improve the guest experience. It takes time. It takes time and of course money for this sort of come back to play out. Sure enough, its now been almost 18 months since the initial outbreak was reported and it sure seems like chipotle stock is trying to tell us something, that the darn thing is up over 20 over the last three months, and gained more than 100 points since last fall, climbing to more than 452. Is this we have been waiting for . Lets look back over the companys recent performance. Before january, the company came out and said that it slashed its Fourth Quarter earnings. They also told us that things had gotten much better over the course of the quarter, with december samestore sales increasing by 4. 7 . Mostly based on the fact that the companys now past the food scare. On the other hand, chipotles longer term guidance was a lot more sanguine. The company could earn 10 a share this year. Put it all together and while the stock initially sold off sharply, the news, they quickly rebounded. Remember that day, a lot of shorts got caught. At the end of the day it wound up rallying 40 . When they delivered its quarterly numbers in january, the companys same store sales you by more than 24 in january, exactly the kind of pickup that we have been waiting for and expected. More importantly, at least in terms of figuring out where the company is headed, the ceo gave us a lot more commentary about how they have been trying to turn things around. They have simplified online ordering and incorporated more Home Delivery services into their platform. And they had the largest Advertising Campaign in company history. The idea is to remind people how much better chipotle is than the competition, with better tasting food made with Higher Quality ingredients. Management suggested the previous 10 earnings target was still in play. They also reiterated that they expect same store sales growth in the high Single Digits this year. That would be a major improvement over last weeks decline. Panera shot up, high single store digits would put chipotle back on track to being the best in breed. But the company has been experiencing higher than expected labor costs, that wont matter when it comes to earnings, after chipotle reported in early february, most of the analysts who follow the stock, took the same line, sure the company is improving, but we need to see more evidence of a turn around before we can believe this pick up in business is for real. Mar maybe thats why about 15 of the flow of this stock is short. If you wait much longer for this turn, i think youll end up missing a lot of these games, chipotle is turning around, although its happening pretty slowly. The companys same store sales are rising by leaps and bounds, we know from past Health Scares that a reacceleration seems to be an early indicator that the company is on the rise, even if the earnings lack improvement. The turn is arriving pretty much on schedule. The company is coming back, the sales are improving, but the earnings are a somewhat different story. Chipotle has been spending a lot of money to drive traffic. This is what most of the analysts are really worried about, the higher labor costs, the higher food costs, one with technology and Marketing Investments will weigh heavily on what the company is making after its sales, in other words the companys margins. These play on the companys stock, making it the most expensive stock in the group. I dont think thats going to happen, but it doesnt need to keep the stock going higher. I