Jim Cramer's Top Takeaways: Popeyes Louisiana Kitchen, Apple Hospitality REIT

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Did you miss last night's "Mad Money" on CNBC? If so, here are Jim Cramer's top takeaways for next week's trading.

Popeyes Louisiana Kitchen (PLKI)  : Cramer again welcomed Cheryl Bachelder, CEO of Popeyes Louisiana Kitchen, which just posted a six-cents-a-share earnings beat with a solid 1.8% increase in same-store sales.

Bachelder said she hopes now that the election is over and there is more certainty and optimism, consumers will be returning to restaurants. She said that Popeyes continues to focus on their heritage and in delivering "routine excellence" for their guests.

Popeyes has been investing in additional training for their staff to help ensure that excellence and also in growing their footprint both in the U.S. and internationally, where the chain hopes to soon have 1,000 locations.

Popeyes is not caught up in the race to the bottom when it comes to pricing, Bachelder added, as they instead offer great value and the occasional special to introduce guests to new items and flavors.

Cramer's bottom line, "This is a stock that can roar in 2017."

Jim Cramer and Jack Mohr are buying more Arconic (ARNC) . Find out why and what they say about financials, industrial and health-care stocks with a free trial membership to the Action Alerts PLUS investment club.

Apple Hospitality REIT (APLE)  : Cramer also spoke with Justin Knight, CEO of Apple Hospitality REIT, the hotel REIT with 236 locations and a monster 7% dividend yield. Shares of Apple Hospitality are down 12% in 2016.

Knight said that Apple aims to mitigate risk while building their portfolio. They operate mainly under the Hampton Inn and Courtyard brands and are currently 25% leveraged, a number that is low when compared to other REITs.

Apple Hospitality also mitigates risk through its broad diversification and the fact that its management team's incentives are aligned with shareholders, so when shareholders win, management wins.

Cramer said investors looking for income can't do better than Apple Hospitality.

Jim Cramer and Jack Mohr are buying more shares of Newell Brands (NWL) . Find out why with a free trial membership to Action Alerts PLUS investment club.

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 positions in ARNC and NWL.

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