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Don't let the talk of bubbles in the stock market scare you, Jim Cramer told his Mad Money viewers Monday. There will always be bubbles, he said, but for most investors, the stock market is still the best game in town.

If you're already independently wealthy, Cramer said there's probably no reason for you to be invested in stocks. "You only need to get rich once" was the adage he recalled from his early days on Wall Street. Once you've made your money, protecting it by assuming less risk is the name of the game.

But for the rest of us, there aren't really a lot of options for getting rich. You can't invest in real estate or open a business without first having capital, bank CDs pay next to nothing and corporate bonds are too risky for many smaller investors. That leaves the stock market.

You have to be brave to invest in stocks, Cramer admitted, and there are certainly risks involved. But stocks still represent a better value than all of the alternatives.

Hotels to Check Out

Is it finally time to check into the hotel stocks? If sure seems that way after the bidding war for Starwood Hotels (HOT) led to an offer that was even higher than what the company itself thought it was worth. That's why Cramer took a new look at the group to see what's worth owning.

After languishing throughout most of 2015, the hotel stocks have gotten their mojo back, Cramer said, thanks to a weakening dollar and a renewed interest in the group thanks to the Starwood acquisition. He said the final offer for Starwood valued it at 20.4 times earnings.

Cramer said that Intercontinental Hotels (IHG) is intriguing trading at just 18.4 times earnings, but he would steer clear of Hilton Hotels (HLT - Get Report) , which remains laden with debt.

Cramer was also bearish on Marriott (MAR - Get Report) itself, saying the company is now too big, which makes it an unlikely takeover target. He was however bullish on is favorite in the group, Wynn Resorts (WYNN - Get Report) , which trades at just 12 times earnings with a 2.6%.

Hungry for Chipotle?

Recent health issues have certainly taken a bite out of Chipotle Mexican Grill (CMG - Get Report) . But after a 47% slide in the stock, Cramer told viewers it's time for investors to take another look.

Cramer said Chipotle is not the first restaurant to experience an E.coli outbreak, and if history is any guide, the stock will remain in the wilderness for a while, but it will recover.

That was indeed the case in 2006 when Taco Bell was afflicted with E.coli and it was also the case in 1993 when E.coli hit Jack in the Box (JACK - Get Report) in a big way. What these two events have taught us is that good restaurant chains can indeed get their mojo back.

Cramer said he has faith in Chipotle and its management. The company has a fabulous brand and same-store sales are already beginning to move in the right direction. The stock has been cut in half and expectations have been reset. The only thing left is waiting for the recovery to fully take hold.

Executive Decision: Gary Burnison

For his "Executive Decision" segment, Cramer spoke with Gary Burnison, CEO of Korn/Ferry International (KFY - Get Report) , the high-end staffing company with shares that have fallen 16% so far in 2016 and now trade at just 11 times earnings.

Burnison said employees today are first and foremost looking to be part of an organization with purpose. He said they want to be engaged and motivated and developed professionally. Compensation is among the top five priorities for most employees, but it is rarely the number one priority.

When asked about his business, Burnison noted that a full 50% of Korn/Ferry's earnings now stem from consulting around business strategy. Strategy is all about execution and execution is all about people, he said, which is why Korn/Ferry helps companies build that mosaic of culture around a common purpose.

Cramer said Korn/Ferry remains a very inexpensive stock and represents a big buying opportunity.

Lightning Round

In the Lightning Round, Cramer was bullish on TJX Companies (TJX - Get Report) , Ross Stores (ROST - Get Report) , Dollar Tree (DLTR - Get Report) , Dollar General (DG - Get Report) , Nucor (NUE - Get Report) and Lockheed Martin (LMT - Get Report) .

Cramer was bearish on J.C. Penney (JCP - Get Report) , Dynavax Technologies (DVAX - Get Report) , AK Steel Holding (AKS - Get Report) , Boeing (BA - Get Report) and Lannett (LCI - Get Report) .

No Huddle Offense

In his "No Huddle Offense" segment, Cramer opined on a host of downgrades today, which included the stocks of J.M. Smucker (SJM - Get Report) , Air Products (APD - Get Report) , Eaton (ETN - Get Report) and two stocks Cramer owns for his charitable trust, Action Alerts PLUS, General Electric (GE - Get Report) and Facebook (FB - Get Report) .

Cramer said if the U.S. dollar begins to rise again or the Federal Reserve starts raising interest rates again or the companies miss their quarters, then these downgrades probably make sense. But what if none of these things happen?

Smucker sits right in the middle of an industry that's ripe with consolidation. General Electric has been aggressive about bring ing out value and buying back stock. And Facebook has never been a stock that trades on near-term events. That's why Cramer said he can't fault anyone for taking a profit in these stocks. But he'd stick with them.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

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At the time of publication, Cramer's Action Alerts PLUS had a position in FB, GE and LMT.