Why Jim Cramer Can't Recommend Investing In Carl Icahn's Company

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Koninklijke Philips NV PHG is "just not a well-enough run company." He added Danaher Corporation DHR is the "best-run company in the industry."

When asked about Novo Nordisk A/S NVO, he said, "Other than appreciation, I can not tell you a reason to ring the register."

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Cramer said he can’t recommend Icahn Enterprises LP IEP as he doesn’t "really know what they own, so it’s kind of like a black box."

"I have no desire to recommend it," Cramer said when asked about Laboratory Corporation of America Holdings LH.

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Photo: Courtesy of Scott Beale on flickr.