Cramer's lightning round: OPEC meeting could be a bust, but here's why fossil fuels will rally

It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:

Weatherford: "Weatherford we don't need when we are up against Schlumberger. Halliburton where they got a great President by the way of the Western hemisphere. I want to say that you should buy Schlumberger."

STMicroelectronics: "It's a very inexpensive stock. It's had a big move as of late. I was surprised to see that stock all the way up at $9. but Marvell had a big move, too. I am going to bless it because that group is red-hot. Look at Micron. Look at AMD. Holy cow!"

Applied Materials: "I think that people were mildly disappointed with AMAT. I think they're wrong with the quarter tonight. I think AMAT is in real good shape. I think it's a real sweet spot. I do like Novellus more than AMAT. I have to tell you though, every day I am stunned by the action of stocks like Goldman Sachs, Morgan Stanley. That is where the action is."

AdvanSix Inc: "AdvanSix could be a buy. I don't know. Remember, I do like the stock of Arconic, which is a spinoff."

Murphy Oil Corp: "I like Murphy Oil. I'm not going to be against it. I do think the fossil fuels will have a rally under President Trump. I think it's going to be a bit of a bust, the OPEC meeting. But I think that there is good demand underneath, particularly from China."

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