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

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If you believe oil is heading higher, then you should be a believer in Diamondback Energy (FANG) - Get Report , Cramer told viewers, calling the company the "sexiest" name in energy.

Shares of Diamondback are up 57% from their lows last September, but Cramer said this exploration and production company is one of the best in the business, operating in the lucrative Permian Basin. When oil traded for $41 a barrel, nearly 71% of Diamondback's acreage was still profitable, which is why shares only fell 40%, compared to the industry average of 74%.

During those lows, Diamondback made $3.5 billion worth of investments and is now 18 times larger than it was just five years ago. At $61 a barrel, 100% of the company's rigs are profitable, and Diamondback is only 39% hedged, leaving it wide open to take advantage of additional upside.

Diamondback has a 63% long-term growth rate, yet trades at just 19 times earnings. Cramer said this stock is a screaming buy for anyone who thinks oil prices are heading higher.

Cramer and the AAP team have the daily rundown on earnings from Honeywell (HON) - Get Report and Abbott Laboratories (ABT) - Get Report . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

Over on Real Money, Cramer says 3M (MMM) - Get Report is an amazing company because it's been consistently making changes. Get more of his insights with a free trial subscription to Real Money.

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