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NEW YORK (TheStreet) -- 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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W Price data by YCharts

Investors wondering which stocks to buy when the selling subsides should be on the lookout for "pin action," Cramer told viewers, stocks that move in tangent with others.

Case in point, today's strong results from home goods retailerWayfair (W) - Get Wayfair, Inc. Class A Report led other catalog retailers like Restoration Hardware (RH) - Get RH Report higher on the day and kept Urban Outfitters (URBN) - Get Urban Outfitters, Inc. Report from declining.

Cramer said the stocks that stabilize today when the markets are down will be the first to rally tomorrow when the markets head higher.

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Cramer told viewers that Honeywell (HON) - Get Honeywell International Inc. Report remains one of his favorite industrial stocks, as the company has tremendous innovation thanks to its 22,000 engineers. It's also growing like a weed in China, a country that's rapidly becoming an economic powerhouse. Even better, Honeywell continues to reward shareholders with a bountiful stock buyback program and dividend.

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Biotech may not be able to lead the markets higher all by itself, Cramer told viewers, but this sector remains among his favorites.

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Cramer reiterated strong buys on his "four horsemen" of biotech, which included Gilead Sciences (GILD) - Get Gilead Sciences, Inc. Report, Biogen Idec (BIIB) - Get Biogen Inc. Report, Celgene (CELG) - Get Celgene Corporation Report and Regeneron (REGN) - Get Regeneron Pharmaceuticals, Inc. Report, saying that Gilead in particular is a strong buy, trading under 12 times earnings.

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Cramer said he's always on the lookout for little companies inside of bigger ones that have the potential to become big companies themselves. That's exactly what's happening with Halyard Health (HYH) , a recent spinoff from Kimberly-Clark (KMB) - Get Kimberly-Clark Corporation Report and a stock which Cramer owns for his charitable trust, Action Alerts PLUS.

Cramer said that this medical device company, which focuses on preventing infection, managing pain and speeding recovery is finding its footing as an independent company this year, but will be on the acquisition hunt by next year.

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Finally, Cramer reiterated his buy on R.R. Donnelley (RRD) - Get R.R. Donnelley & Sons Company Report, a stock just off its 52-week high with a 5.3% yield. He said this printing and digital media company offers investors both growth and yield, something that's hard to come by in this market. Donnelley offers its customers a connected experience for both traditional printed products such as self-published books and financial reports as well as a host of new digital offerings.

To read a full recap of "Mad Money" on CNBC, 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.

-- Written by Scott Rutt in Washington, D.C.

At the time of publication, Cramer's Action Alerts PLUS had a position in HYH.