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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.
When asked what Apple stands for, Cook said Apple is about building the best products it can to enrich people's lives and he's most proud of the products that bring out the best in people. But Apple also believes in conducting business in a right and just way, which means caring about its employees, human rights, the environment and privacy.
Cook also added that our government in the U.S. has become more and more dysfunctional, which means the responsibility for promoting change falls on citizens and corporations to stand up and do what's right.
Finally, when asked who he admired most, Cook responded that he has the most love and respect for the late Steve Jobs who helped transform Apple into what it is today. He added that people who have fought for human rights, sometimes risking their own lives in the process, also top his list.
Cramer said that Apple is not a company that has peaked and is going to fade away as some analysts predict. He said Apple's future is brighter than many people think.
Cypress Semiconductor(CY) - Get Report : In his second exclusive interview, Cramer checked in with T.J. Rodgers, founder and former CEO of Cypress Semiconductor, a stock that's rebounded 50% from its lows earlier this year but is still well off its highs. Shares of Cypress currently sport a 4.7% dividend yield.
Rodgers clarified his position at Cypress, saying that while he stepped down as CEO, he will remain on the company's board and will continue to work on Cypress' biggest projects and hottest technologies. He said the move was a planned event, although it may have come across as sudden to investors.
Rodgers said he remains very bullish on Cypress' outlook and continues to buy more shares of what he called a very undervalued company. He said their recent acquisitions complete the company's product portfolio and there will be many exciting products ahead.
Cramer said he's sticking with Rodgers and sticking with Cypress.
Blackhawk Network (HAWK) : In his third interview, Cramer also sat down with Bill Tauscher, chairman of gift card purveyor Blackhawk Network, which posted a 14-cents-a-share earnings beat last week but offered tepid guidance for the rest of 2016.
Tauscher explained that while many big retailers successfully made the transition to accepting newer EMV-compliant credit and debit cards by last October's deadline, many grocery stores, where most Blackhawk cards are sold, did not. That means fraud is now concentrated among those retailers who still accept the older payments, which has led to many grocery stores now implementing restrictions on how gift cards are sold.
Tauscher said retailers hate putting up roadblocks for their customers, but he said this is a 2016 event that will largely be fixed by Sept. 30, when 90% of Blackhawk's outlets will be EMV complaint.
Other than the disruption at some locations, Tauscher said Blackhawk is performing very well and is beating every other metric in its plan.
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At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.