Mad Money Lightning Round: Cramer Advises Investors To Buy Illumina

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Hudson City Bancorp HCBK "turned out to be far more controversial than I realized ... If you want a good regional, I suggest First Niagara Financial FNFG." For Transocean RIG, he said, "I like it, a little controversial. I do like it but I would prefer the one we do own in the charitable trust, which is Ensco ESV." Cramer said that Illumina ILMN is in the “sweet spot. It's a total buy." For Best Buy BBY, Jim said, "It's a no-go ... I'd rather see you in Amazon.com AMZN. If the Fed moves, I see Amazon going to $240." Jim believes that Hershey HSY can “go higher, the company has really decided to focus on pure profitability." For Natural Resource Partners NRP, Jim said, "A very good coal play, and I happen to like coal very much ... Still want you to wait for a pullback." Cramer advises investors to sell Regions Financial RF. He added, “I don't like Regions' management." For Qualcomm QCOM, Jim said, "I don't like tech but if I had to buy a tech company, it would most likely be Qualcomm." For Hercules Technology HTGC, he said, "I haven't done the work on this one. Have to take a pass." Read more on Jim's Views On Benzinga
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