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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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Red Hat (RHT) - Get Red Hat, Inc. Report : In an exclusive "Executive Decision" segment, Cramer sat down with Frank Calderoni, CFO of Red Hat, the software maker that just delivered a 1 cent-a-share earnings beat on a 19% rise in revenue. Shares of Red Hat are up 9% since Cramer last checked in three months ago, thanks in part to a 4% rally on today's news.

Calderoni said Red Hat's growth stems from repeat customers and from existing customers expanding into more services with Red Hat. Customers are spending more as Red Hat becomes more pervasive in their company.

Red Hat offers not only operating systems, Calderoni said, but also a full stack of software that customers can use for on-premise servers or servers in the cloud. Red Hat's suite of products are flexible enough to be deployed anywhere, allowing customers to innovate and grow.

Some of Red Hat's biggest customers are in finance, government, technology and media, Calderoni explained, and include both Verizon (VZ) - Get Verizon Communications Inc. Report and E*Trade (ETFC) - Get E*TRADE Financial Corporation Report .

When asked about IT spending at larger companies, Calderoni said companies are spending more, but at a slower rate than they used to. Part of that decline, he added, stems from the efficiencies offered by companies like Red Hat.

Cramer said shares of Red Hat are simply not high enough given how great a quarter it just reported.

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Lululemon Athletica (LULU) - Get Lululemon Athletica Inc Report : In his second "Executive Decision" segment, Cramer went on-location with Laurent Potdevin, CEO of Lululemon Athletica, the athletic apparel maker that saw shares plummet 10% after it reported in-line earnings three weeks ago. Shares of Lulu are still up 25% for the year.

Potdevin said Lulu is about people and giving people products that fit their lives. Lulu is more of a lifestyle that apparel is apart of, the perfect marriage of fashion and function.

When asked about his company's vision, Potdevin explained that younger people and Millennials are drawn to purpose-driven brands, which is why Lulu is an active member of the communities it serves. He added the mall is not dead, as many have claimed, and a good digital strategy has augmented the company's retail footprint.

Cramer said Lulu remains a rare gem among an increasingly difficult retail environment.

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