As some of the top bankers in the U.S. vie to manage what could be one of the largest share sales in history, Cramer on Thursday said there's no reason Goldman Sachs shouldn't be considered for the AIG share sale.
"Whoever is going to do the best job and make the most money for the people, that's who should do it," Cramer said, adding that from a public relations standpoint, it would behoove Goldman to do the sale for less.
In 2008, Goldman and other financial institutions reportedly received billions of dollars during the unwind of credit default swap contracts that had been purchased by AIG. It was reported that roughly $13 billion came from the Federal Reserve to bailout AIG.
JPMorgan CEO Jamie Dimon, Morgan Stanley CEO James Gorman and Bank of America's Brian Moynihan were among the bankers who descended on a law firm in midtown Manhattan to make their pitch. Bankers are expected to come and go throughout the day to make their case formanaging a share sale that could exceed $20 billion, between the shares sold by the U.S. Treasury and those offered by AIG.
Elsewhere in the market, Cramer recommended buying shares of V.F. Corp. . The Greensboro, S.C.-based company designs and manufactures a host of popular clothing brands, including Lee, Wrangler, The North Face and JansSport, among others. Cramer likes its products and praised its management team. He said the stock is "dirt cheap" and worth looking at given its 3.1 percent dividend yield.
Lastly, Cramer said he expects the price of corn could soon double from current levels. Rising food costs shouldn't hurt companies that sell "proprietary food with integrity." People will want healthy foods from companies like Whole Foods and Chipotle regardess of which way food costs go.
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—Reuters contributed to this report