Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
For an "Executive Decision" segment, Cramer again sat down with Bracken Darrell, president and CEO of computer accessory maker Logitech International (LOGI) - Get Logitech International S.A. Report , which despite reporting a top and bottom line earnings beat, saw shares fall 10% after it reported and another 4% today.
Darrell said that it was probably time for Logitech's stock to "take a breather," in the short term, but longer term he's not worried; Logitech is making products in all of the hottest areas including video, gaming and more. He also addressed the negative cash flow this quarter, saying that his company opted for yearly bonuses instead of twice yearly, but overall, cash flow is strong and not a problem.
Once of Logitech's hottest end markets is e-sports, which is why Cramer also welcomed Andy Dinh, captain of Team SoloMid, the winningest professional gaming team in North America. Dinh explained that just five years ago, only a few hundred people would show up to watch a video game tournament, but now, they fill stadiums and are attractive big-time sponsors.
Darrell noted that professional e-sports leagues are now forming with buy-in's as high as $20 million and soon the entire e-sports world will be reorganized to really go mainstream.
On Real Money, Cramer says don't be part of the panic mob. He wants you to use this sale to buy stuff you didn't chase. Get his insights with a free trial subscription to Real Money.
Cramer and the AAP team say profit-taking and the search for lower valuations are fueling this rotation. Get in on the conversation and find out what they're telling their investment club members with a free trial subscription to Action Alerts PLUS.
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.
At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.