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

Sometimes you need to grab the bull by the horns and buy, buy, buy, Cramer told viewers, and that's exactly what investors in FedEx (FDX) were doing today, reversing a $3 decline in the stock yesterday with a $4-per-share gain today.

Cramer said that FedEx has always been a play on global trade, just like Boeing (BA) and Caterpillar (CAT) . When the company reported earnings Tuesday, the earnings were good and the outlook even better. But investors latched onto the headlines, related to the hacking of FedEx's European subsidiary.

But unlike the massive Equifax (EFX) data breach, FedEx has been upfront and honest and going above and beyond to remedy the situation to the tune of $300 million.

With the hacking incident behind them, Cramer said that FedEx could earn up to $15 a share next year, which would warrant a share price $50 higher than where they trade today. Global trade is the best its been in years, management said, and FedEx is a big beneficiary from the rise of ecommerce around the globe.

Over on Real Money, Cramer says if you own no tech, take a stab at your favorites, but take a pass on the food companies or the retailers: the domino declines just make too much sense to me. Get his insights with a free trial subscription to Real Money.

Cramer and the AAP team are taking a close look at the Fed's outlook for the economy and how it affects financial stocks and the broader market. Find out what they're telling their investment club members 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.

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

More from Stocks

Google Shares Shrug Off $5 Billion EU Fine Against Alphabet

Google Shares Shrug Off $5 Billion EU Fine Against Alphabet

Jim Cramer's Biggest Moments From Delivering Alpha

Jim Cramer's Biggest Moments From Delivering Alpha

The Recent Pullback in the Defense Sector Provides a Buying Opportunity

The Recent Pullback in the Defense Sector Provides a Buying Opportunity

Video: What to Expect From Microsoft's Earnings Thursday

Video: What to Expect From Microsoft's Earnings Thursday

Lee Munson on Why Investors are Shifting to Small-Cap Stocks

Lee Munson on Why Investors are Shifting to Small-Cap Stocks