Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.

For an "Executive Decision" segment, Cramer sat down with Jason Cohenour, president and CEO of Sierra Wireless (SWIR) , the chipmaker that posted a two-cents-a-share earnings beat on an 11.1% rise in revenues when it last reported.

Cohenour explained that Sierra Wireless helps companies connect their devices to the Internet and helps manage those devices in the cloud. His company has quite a few deals for automakers, where only 13% of cars are currently able to connect to the Internet. Cohenour said that number will expand to 100% in the future.

Sierra Wireless also has products for smart power meters to help bolster America's electric grid. Cohenour said there is a lot of work to be done in modernizing our power system.

Altogether, Cohenour said Sierra values the market size of the Internet of things at over $30 billion.

Cramer said he simply doesn't get why shares of Sierra fell after the company posted their results.

On Real Money, Cramer has a lot more to say about FANG and the lessons of history. Get his insights with a free trial subscription to Real Money.

Cramer and the AAP team say, "Hold on, we're not selling these oil positions -- yet." Find out what they're telling their investment club members now and get in on the conversation with a free trial subscription to Action Alerts PLUS.

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

To read a full recap of this episode of "Mad Money," 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.

More of What's Trending on TheStreet:

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

More from Stocks

Either Respect Amazon When Investing or Risk Getting Run Over

Either Respect Amazon When Investing or Risk Getting Run Over

Amazon, Procter & Gamble, Southwest and Netflix - 5 Things You Must Know

Amazon, Procter & Gamble, Southwest and Netflix - 5 Things You Must Know

Time Warner's Jeff Bewkes: Department of Justice Theories Are 'Ridiculous'

Time Warner's Jeff Bewkes: Department of Justice Theories Are 'Ridiculous'

Just How Bad Is Facebook's Diversity Problem?

Just How Bad Is Facebook's Diversity Problem?

2 More Reasons to Sell All Your Stocks and Run Away

2 More Reasons to Sell All Your Stocks and Run Away