Click here for an archive of Cramer's "Mad Money" Recaps.

Editor's note: The following is a wrap-up of "Mad Money" that originally aired on June 30. The show was rebroadcast Wednesday evening

.

Jim Cramer laid out strategies for profiting in the stock market on aging Baby Boomers on

CNBC's

"Mad Money." He recommended shares of companies that develop drugs for hypertension, lasers for surgery and orthopedic implants, and discussed possible plays in assisted living, casinos and insurance.

In the drug sector, Cramer mentioned companies that, while not currently his favorites, might show promise over three to five years because of treatments for hypertension, impotence and osteoporosis. For hypertension, he mentioned

GlaxoSmithKline

(GSK) - Get Report

,

Bristol-Myers

(BMY) - Get Report

,

Pfizer

(PFE) - Get Report

,

Eli Lilly

(LLY) - Get Report

and

Merck

(MRK) - Get Report

.

"The Boomer market for hypertension drugs hasn't even begun to blossom," Cramer said, adding that he had no favorite pick in the class. "It really could be any of the big pharmaceutical companies. So do what I do when I look at drugs: count prescriptions."

For erectile dysfunction, Cramer suggested considering Pfizer, Lilly and Glaxo, and mentioned several of the above stocks as possible plays on osteoporosis.

For cholesterol, Cramer praised

Schering-Plough

( SGP), which sells Vytorin, saying the stock "makes a lot of sense" around $20.

In response to a caller's question, Cramer acknowledged that hospitals are gaining pricing power over drug companies, but said that alone doesn't make the stocks buys.

"There are other considerations, government, labor, and that makes it so

HCA

(HCA) - Get Report

is too difficult to recommend."

Cramer felt similarly about generic-drug makers, saying: "I have found over and over again that margins can be cut to shreds to when too many companies can come in and make the same products. Triple sell, I think those stocks are dangerous."

To capitalize on Boomer vanity, Cramer urged viewers to consider companies that make lasers for cosmetic surgery, specifically

Syneron

(ELOS)

,

Cutera

(CUTR) - Get Report

and

Laserscope

( LSCP).

"These three companies pretty much have the market cornered right now," Cramer said, although he warned that they are "all little companies that could be displaced in moments by a bigger player."

Cramer also highlighted

Patterson Dental

(PDCO) - Get Report

and

Dentsply

(XRAY) - Get Report

as dental plays. "There will be ups and own in these stocks but the bottom line is they're pure plays on teeth and I have to tell you, unless you start growing a third set, you're going to need them."

For old-fashioned cosmetics, his picks were

Procter & Gamble

(PG) - Get Report

and

Alberto-Culver

(ACV) - Get Report

, calling the latter "the pure hair-color play." He would buy Alberto-Culver before

Avon

(AVP) - Get Report

or

Revlon

(REV) - Get Report

.

Responding to a caller, Cramer said

Whole Foods

( WFMI) qualifies as a Boomer play because its wares help prevent disease. "While it's not a pure play on Baby Boomers I think it works and works large."

Cramer was long-term bullish on orthopedic implant makers

Zimmer

(ZMH)

,

Stryker

(SYK) - Get Report

and

Biomet

( BMET).

"I'm not incredibly enthusiastic about the sector in the near term, but you cannot argue with the huge market that's going to be created by 78 million Baby Boomers for orthopedic devices," he said. While the "long-term picture is strictly back up the truck," Cramer advised viewers to "let the pricing come down then pick among the rubble."

Cramer said higher-end assisted living companies like

Sunrise Senior Living

( SRZ) could be winners as the population ages. He preferred Sunrise to

Beverly Enterprises

( BEV), which is too dependent on the government.

Because its customers are wealthy, Sunrise "can't be brought low by big government deciding to cut Medicare/Medicaid. It's also less likely that Sunrise will have quality problems because of the big bucks laid down by its wealthy clients."

Cramer said Baby Boomers will want to gamble and mentioned

Harrah's

( HET) and

MGM Mirage

(MGM) - Get Report

as possible ways to profit. He also praised

Royal Caribbean

(RCL) - Get Report

and

Carnival

(CCL) - Get Report

as cruise plays.

Image placeholder title

"This stuff can also change pretty rapidly," he said. "Stay abreast of where the Boomers are moving and what they're doing on their vacations by watching your friends."

Among insurers, Cramer spoke well of

MetLife

(MET) - Get Report

,

Prudential

(PRU) - Get Report

and

Manulife

(MFC) - Get Report

and said

Nationwide Financial Services

( NFS),

Lincoln National

(LNC) - Get Report

and

Jefferson Pilot

(JP) - Get Report

have interesting lines.

But Cramer reiterated that his favorite insurance stock is

UnitedHealth

(UNH) - Get Report

, which he said is "uniquely poised to capture the

Baby Boomer market from every angle."

At the time of publication, Cramer was long UnitedHealth Group.

James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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