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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.

Palo Alto Networks (PANW) : In an exclusive interview, Cramer spoke with Mark McLaughlin, chairman, president and CEO of the cyber-security company Palo Alto Networks, which just posted a 48% rise in revenue in its most recent quarter.

McLaughlin said cyber threats and cyber security will be an important issue for a very long time to come and a priority spending item for most companies. Uncertainty about the economy is not causing deals to be canceled, McLaughlin noted, only delayed in some cases.

Meanwhile, McLaughlin said that in Asia, new legislation is requiring more companies to report security breaches, helping to make cyber security more top of mind in that region.

When asked about competition, McLaughlin said Palo Alto sells a platform of security products that resonates with customers. He said his company is not trying to take over the entire industry.

With Palo Alto both broadening its market and taking share from other players, Cramer said this stock is a coiled spring set to surge higher.

 

Home Depot (HD) and Lowe's (LOW) : Investors should love duopolies, Cramer told viewers. One of his favorite duopolies in the home improvement space is Home Depot and Lowe's.

For ages, Home Depot has been king of the home improvement world, with shares posting a 26% gain in 2015 versus just 10.5% for Lowe's. In fact, throughout all of 2015, Home Depot bested Lowe's with better same store sales growth, better revenue growth and superior gross margins. Thus the markets have been willing to pay a premium for Home Depot shares, and a well-deserved premium at that.

But that all changed this quarter, when Home Depot saw decelerating same-store sales while Lowe's saw a pickup in business with expanding gross margins. This changing of the guard has suddenly made Lowe's the better company with the cheaper stock.

Cramer said while he still thinks Home Depot is terrific, for the moment, Lowe's is the more attractive stock, trading at just 17 times earnings, compared to 18.4 times for Home Depot.

 

US Foods (USFD) versus Sysco (SYY) : There are signs of life in the IPO market, Cramer told viewers, but that doesn't mean that every new stock is a good one. He examined the initial public offering of US Foods, which came public on May 26.

US Foods is our nation's second-largest food distributor behind Sysco and, along with Sysco, are the only two nationwide food service companies. US Foods serves over 250,000 locations across the country and has 9% market share in a very fragmented industry.

Cramer said while there's a lot to like about US Foods, there are also a bunch of red flags. He was mainly concerned about the company's private equity heritage, which has left it with $5 billion in loans and just $140 million in cash. That means any future acquisitions must dilute current shareholders. Also, shareholders must be concerned about US Foods' two private equity backers making their exits, which will also pressure the stock.

Trading at 44 times earnings, Cramer said he'd take a pass on US Foods and stick with rival Sysco, which trades at 22 times earnings and sports a 2.5% yield.

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.

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

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