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

Finding an industrial value stock is hard to come by in a market where the industrials have been on fire, but Cramer said that after reporting mixed results and confounding the analysts, Whirlpool (WHR) may indeed be the rare bird you've been looking for.

Whirlpool has been a serial disappointer for years, Cramer said, and just last year the company was thought to be in the sights of Amazon, after the online retailer partnered up with Sears Holdings (SHLD) . This quarter was no different, with Whirlpool posting an 11-cents-a-share earnings beat, but on weaker sales and weaker guidance.

But just last week, Whirlpool caught a break, as the Trump administration levied a 20% to 50% tariff on imported washing machines in an effort to level the playing field. The move, which could be bad for consumers looking for Samsung or LG appliances, will likely be a windfall for Whirlpool.

Shares of Whirlpool trade for just 12 times earnings, well below the 18 to 22 times multiple seen by its peers. That makes Whirlpool a tremendous value given that the company may finally be in a position to under promise and over deliver.

Cramer and the AAP team are reminding their investment club members that whenever there is a broader market selloff during earnings season, they believe that buying opportunities are created in specific cases. Get in on the conversation with a free trial subscription to Action Alerts PLUS.

Over on Real Money, Cramer says there's a bunch of idiots standing there, almost trying to get bad prices. Get more of his insights with a free trial subscription to Real Money.

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

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