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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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Cedar Fair(FUN) - Get Report : In an exclusive interview, Cramer sat down with Matt Ouimet, president and CEO of Cedar Fair, the amusement park operator with 14 parks across the country. Shares of Cedar Fair currently sport a 5.8% yield.

Ouimet said Cedar Fair continues to see consumers prioritizing experiences over possessions. He said the trend has expanded well beyond just the younger millennial patrons. Consumers are also becoming more social, which is why Cedar Fair is adding WiFi to all of its parks and allowing guests to share their ride photos on social media instantly.

In addition, Cedar Fair is teaming up with the gaming industry to create game-focused ride experiences. Ouimet said it used to be there were only movie tie-ins, but now that gaming is bigger than movies it only makes sense to expand with partners like Electronic Arts .

Ouimet added there have been no new parks opened in the U.S. in over 40 years, but Cedar Fair is fortunate enough to have over 1,300 acres adjacent to their parks where they can still expand. He also noted that Cedar Fair remains committed to their dividend and growing their distribution.

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Allegion(ALLE) - Get Report : Despite what you may have heard, breaking up is easy to do, and lucrative, too, if you're talking about stocks. That has certainly been the case with Allegion, the commercial and residential security company that was spun off from Ingersoll-Rand(IR) - Get Report in December 2013.

Cramer explained that in the highly fragmented security market, you need to make acquisitions. But if your company is buried deep within a larger industrial conglomerate, finding the capital to make those acquisitions is difficult at best.

That's why the Allegion spinoff made perfect sense. The company instantly gained access to capital and, after incorporating in Ireland, any acquisition made was instantly accretive to earnings on the tax savings alone. Indeed, the company has since made a string of smart acquisitions.

Allegion last reported a 15-cents-a-share earnings beat on Feb 11. Shares trade at 17 times earnings with a 13% growth rate. Cramer said that doesn't make the stock cheap, but it's also not expensive either.

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