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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.

United Continental (UAL) : On the heels of the news that CEO Oscar Munoz is returning to work after a heart transplant, activist investors have announced they'd like to see big changes at the airline. Do they have a point?

According to the activist's report, United is the worst-performing airline stock over the past five years, the "entrenched" board of directors lacks experience and the company needs a course correction.

Cramer said in addition to the incredibly poor timing of their announcement, the activists do have a point about United lagging its peers over the past five years. However, looking back just seven years, shares are up 1,470%. Not too shabby.

As for that board of directors, Cramer said it just appointed three new independent directors, with most directors having served for less than four years. That's not quite "entrenched," said Cramer.

Regarding the final point, needing a new course, Cramer said United's CEO Munoz is that new course. His heart attack and subsequent recovery time away were unfortunate, he said, but let's at least give the guy a chance before making frivolous accusations.

Chipotle Mexican Grill (CMG) : Not all quick-serve restaurants are created equal, Cramer told viewers, and the problems at Chipotle are only temporary.

Cramer said no one should've expected Chipotle to be turning a profit or recovering overnight from its E.coli outbreak problems. But the fact remains management believes in the company, buying back $787 million worth of its own stock. So do Chipotle customers, who are slowly returning to the chain that gives them healthy food they can't find elsewhere.

It's not often you get to buy a high-quality company at a discount, Cramer concluded. This is one of those times.

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