Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.

Now that the tie-up between Dow Chemical and DuPont is complete and the combined entity is trading as DowDuPont undefined , is it the right time to buy? According to Cramer: absolutely!

Cramer reminded viewers that this is only step one in the company's plan to unleash value. Over the next 18 months, the combined company will be slashing costs and reorganizing itself to prepare for a split into three new entities.

Investors who buy now will get a piece of an agriculture and seed giant, a specialty chemical maker that will include Kevlar and bioscience products, and a materials science company which will make plastics and other consumer chemicals.

All told, DowDuPont expects to slash $3 billion in costs, and Cramer said the company's CEO, Ed Breen, will likely deliver even more. Shares trade at a scant 15.6 times earnings, making it a tremendous value given Breen's track record for bringing out value at Tyco International.

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Cramer and the AAP team are telling their investment club members about a recent research report that quantifies revenue from e-sports and how it will affect Activision Blizzard Inc. (ATVI) - Get Report . Get in on the conversation with a free trial subscription to Action Alerts PLUS.

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At the time of publication, Cramer's Action Alerts PLUS had a position in ATVI, DWDP.