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

If you believe oil is heading higher, then you should be a believer in Diamondback Energy (FANG) , Cramer told viewers, calling the company the "sexiest" name in energy.

Shares of Diamondback are up 57% from their lows last September, but Cramer said this exploration and production company is one of the best in the business, operating in the lucrative Permian Basin. When oil traded for $41 a barrel, nearly 71% of Diamondback's acreage was still profitable, which is why shares only fell 40%, compared to the industry average of 74%.

During those lows, Diamondback made $3.5 billion worth of investments and is now 18 times larger than it was just five years ago. At $61 a barrel, 100% of the company's rigs are profitable, and Diamondback is only 39% hedged, leaving it wide open to take advantage of additional upside.

Diamondback has a 63% long-term growth rate, yet trades at just 19 times earnings. Cramer said this stock is a screaming buy for anyone who thinks oil prices are heading higher.

Cramer and the AAP team have the daily rundown on earnings from Honeywell (HON) and Abbott Laboratories (ABT) . 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.

Over on Real Money, Cramer says 3M (MMM) is an amazing company because it's been consistently making changes. Get more of his insights with a free trial subscription to Real Money.

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.

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At the time of publication, Cramer's Action Alerts PLUS had a position in HON, ABT.

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