Jim Cramer shares 7 stocks you should buy now

Core Viewpoint - The current challenge in the stock market is not fear but rather the high valuations, leading investors to seek opportunities without overpaying [1] Investment Strategy - Jim Cramer emphasizes a disciplined approach, focusing on stocks with above-average earnings growth and below-average forward P/E ratios while avoiding sectors like energy and materials [2] - The S&P 500 has rewarded dip-buyers throughout the year, but future returns are compressing for companies that cannot maintain growth [2] Stock Picks - Cramer's selected stocks span various sectors including travel, telecom, banks, industrials, and core AI infrastructure, which may seem defensive but have significant upside potential [3] - T-Mobile (TMUS) is highlighted as a top pick, with a projected 19% earnings growth at over 18x forward earnings, and the stock has increased approximately 8% year-to-date [4][6] - Royal Caribbean (RCL) is favored in the cruise sector, reporting a Q2 adjusted EPS of $4.38 and raising full-year guidance to $15.41-$15.55, with a stock surge of 48% in 2025 [7] - Expedia (EXPE) is considered "very cheap" compared to competitors, showing a Q2 adjusted EPS growth of 21% and a 21% stock increase year-to-date [7] - Capital One (COF) stands out due to its merger with Discover Bank, regarded as a strong buy at 11x earnings with an expected 14% growth next year [8]