Cramer likes Debra Cafaro, CEO of Ventas (VTR), the largest senior living facility company in the U.S. The diversified health care REIT is a "perfect combination between growth and yield," he said.
He called Cafaro "hard charging" and someone who returns a lot of cash to shareholders. Currently, the company has a 4.60% dividend yield.
However, it's not just a senior living facility, it's the senior living facility. Cramer said that Ventas is considered by many to be the best senior living facility in the country.
Most senior living companies have subpar standards, which ultimately lead to subpar results, he said.
"She's a winner for the people who use the facilities and a winner for the people who buy her stock," Cramer concluded.
-- Written by Bret Kenwell in Petoskey, Mich.