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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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Briggs & Stratton(BGG) - Get Report : In an exclusive interview, Cramer spoke with Todd Teske, chairman, president and CEO of small engine maker Briggs & Stratton, a stock that is up 25% so far in 2016, but still trades at just 13 times earnings despite just delivering a 16-cent-a-share earnings beat. Shares of Briggs currently sport a 2.5% yield.

Teske said much of the earnings performance you see today from Briggs & Stratton stems from strong execution and reduced costs. He said his company is also diversifying its geographic base and now derives about 70% of sales domestically.

When asked about the upcoming spring selling season, Teske said they are optimistic but also cautious given the many variables in the economy.

Turning to the topic of innovation, Teske said he's very excited about their pipeline of upcoming products. He touted their new quiet power technology that is 66% quieter than traditional engines, along with other innovations that make starting lawnmowers easier and allow them to take up less space in your garage.

Cramer remained a big fan of Briggs & Stratton.

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Lions Gate Entertainment (LGF) : Not every stock that has fallen way off its highs is cheap, Cramer reminded viewers, as he took a closer look into the rise and fall of Lions Gate, a stock that soared 97% in 2012 and 93% in 2013, only to plateau in 2014 and 2015 before plummeting over 40% so far this year.

Cramer explained that Lions Gate was once a stock market darling, catapulting on the success of its Hunger Games franchise, along with a number of successful TV shows. But after the final Hunger Games film began to disappoint, investors saw little else to replace the blockbuster revenue and headed for the exits.

While Lions Gate still has a lot to look forward to, Cramer said that the company is just not a growth stock anymore and can't justify even a valuation of 14 times earnings when compared Walt Disney(DIS) - Get Report , which has growth, but trades at just 15 times earnings.

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