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

Image placeholder title

For his "Executive Decision" segment, Cramer checked in with Martin Anstice, president and CEO of Lam Research (LRCX) - Get Report , the semiconductor equipment maker that on Thursday posted a huge earnings blowout, a 66-cents-a-share earnings beat with sales up 37% year-over-year. Shares responded with a 5% selloff today.

Anstice said that Lam had a tremendous year and the impact of silicon on our daily lives is only increasing. While it used to be that only PC and cell phone sales mattered, now content growth -- which is growing 50% a year -- and the data center are taking center stage.

Lam is enabling its customers with a broader line of differentiated products than ever before and that's why the company is growing as strongly as it is. Shares of Lam are up 380% over the past five years.

Cramer said today presented a rare opportunity to buy.

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.

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

To read a full recap of this episode of "Mad Money," click here.

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

To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.

More of What's Trending on TheStreet:

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