Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
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.
Apple (AAPL - Get Report) and Diageo (DEO): These stocks have been unfairly punished by China's “horrendous” manufacturing data, Cramer said. But the weakness in China could hold the Federal Reserve back from hiking interest rates come September.
IMAX data by YCharts
Imax (IMAX - Get Report): Cramer sat down with Imax CEO Richard Gelfond. The ultra-big movie screen company has over 950 theaters, with a 400-theater backlog. Imax reported in-line earnings and beat sales estimates, but the stock has been tied to the price action in China.
Gelfond explained his company does do business in China, but referred to the country as more of an opportunity than a risk. In fact, his company plans to a do an initial public offering on the Hong Kong Exchange for its China-based locations.
BUFF data by YCharts
Blue Buffalo (BUFF) vs. Freshpet (FRPT - Get Report): Americans are eating healtier and want their pets to eat healthier, too. But is either organic pet food company worth buying? Blue Buffalo, while enjoying earnings growth of 30%, has sales that are stalling quite dramatically. Freshpet has wildly accelerating sales growth but it is not yet profitable.
So which should you buy? Neither, says Cramer -- unless the larger Blue Buffalo were to buy Freshpet.
BRX data by YCharts
Brixmor Property Group (BRX - Get Report): For his second “Executive Decision,” Cramer sat down with Michael Carroll, the CEO of real estate investment trust Brixmor, which boasts a 3.6% dividend yield, while more than 70% of its 550 shopping centers are anchored by a high-quality supermarket.
Carroll said that with new leases coming to market and less shopping center space to offer, the company has plenty of pricing power to drive revenue growth. When retailers bring in more foot traffic, it allows Brixmor to rent out even more retail space in the surrounding area or in the same complex.
The company also has a large scale, so leases are signed quickly — sometimes in as little as 30 days — so development can start very soon, Carroll said. Plus, the company just financed its old debt at a much more favorable rate, he added.
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.