Cramer's 'Mad Money' Recap: This Bud's for All

"The baby boomers are working longer, living longer and investing longer," Cramer said. And because they keep saving, "the repositories of their money are one of the best plays on them." In turn, the money they are saving is being put into the hands of the best asset managers, he said.

Though Cramer said he likes brokerage company Goldman Sachs (GS Quote), which he owns for his charitable trust, Action Alerts PLUS, "very much," the "real plays" on this trend are the pure asset managers.

His two picks are Legg Mason (LM Quote) and T. Rowe Price (TROW Quote).

Although Cramer is a fan of both companies -- based on the composition of the assets they manage -- he likes the fact that T. Rowe puts its money more into equities, whereas Legg Mason is more "bond heavy."

Top-Line Success

Cramer welcomed Roy Vallee, Avnet's (AVT Quote) chairman and CEO, to the show and asked him why his company had such an unbelievable quarter.

"A lot of hard work," Vallee responded.

When Cramer asked Vallee how a distribution company (electronic components, enterprise network and computer products) such as Avnet is able to do better than the semiconductor companies it distributes to, Vallee said Avnet did a little bit better on the top line because it has a broad customer base across various industries.