Jim Cramer's Top Takeaways: ServiceNow, Groupon - TheStreet

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Did you miss last night's "Mad Money" on CNBC? If so, here are Jim Cramer's top takeaways for today's trading.

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ServiceNow (NOW) - Get Report : In an exclusive interview, Cramer spoke with Frank Slootman, president and CEO of ServiceNow, the enterprise cloud software that just posted a two-cents-a-share earnings beat on a 37% rise in revenues with bullish guidance. Shares of ServiceNow rose 7.6% on the news.

Slootman explained that this quarter's strength stemmed from all of his company's segments and geographies firing at the same time. He said ServiceNow continues to provide great value for its customers.

When asked how his company's software compares to a Workday (WDAY) - Get Report , Slootman said that Workday specializes in human resources, while ServiceNow's software crosses functional boundaries. ServiceNow, he said, processes the work that flows into HR, then forwards the needed changes into systems like Workday.

What kinds of companies are using ServiceNow? Slootman said many companies are looking to consolidate legacy systems and standardize on a modern platform to run their business, all while taking out costs in the process.

Cramer congratulated Slootman on another great quarter.

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Groupon (GRPN) - Get Report : For his second interview, Cramer spoke with Rich Williams, CEO of Groupon, a stock that had been up 70% for the year before plummeting 22% today after the company reported earnings and announced the acquisition of rival LivingSocial.

Williams said that Groupon remains on track with its turnaround strategy and has seen four consecutive quarters of progress. "I'm a practical guy," Williams noted, saying that he never promised an instant recovery.

One of Groupon's objectives has been to simplify its operations, Williams explained, and that includes leaving markets where the company doesn't think it can win. But that doesn't mean that Groupon is not opportunistic when it comes to acquisitions like LivingSocial, where the company feels it can see a return on its investment in 12 to 18 months.

Groupon is also making a return to TV advertising, Williams said, and is seeing a great return on investment as customers rediscover what Groupon has to offer.

Cramer said that after a 22% haircut, the stock of Groupon is now "interesting."

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At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.