here. >> the fresh market. >> i'm melissa lee. thanks so much for watching. see you tomorrow at 5:00 for more "fast money." don't go anywhere, "mad money" starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now.

we have many reasons to be disenchanted. the downturn of 2000ial about t. the down turn on in 20-2001 and cut in half, 2007-2009. or the crash or facebook. insider trading cases and

obvious situation a stock of yours went down and down and clear someone knew something and you didn't. i vow all these but one day when interest rates go back to more normal levels and we can own stocks or certificates of deposit or bonds, whatever we call more attractive callfor th fixed income market. until that does we need our money to work for us. we're like the avis ad. we have to work harder to make our money grow. that's what tonight's special show is about, how to make your money work harder in a responsible way. we're using different types of stocks to show how we can do that responsibly and carefully, like get rich carefully. what suffages this show for years is personal investing. we call this episode years. why? because each one is written and thought about on a different

entity on its own. i recognize it because it's something you, me and "mad money" are very proud about, about better investing for you. this show is about managing your own money or a full client if you have a service broker working for you. if you don't want to manage your own money, ever the years i have been perfectly happy you buying an index fund or a couple of them that represents the entire s&p 500 or one total return that has an estimator of all stocks and i have changed about mutual funds. so often they're about raising the money and so often they've beaten the stock market and i arrived at this jurngt, i bless throwing your hands up and b buying a fund of the index variety. at the same time, i know many of you tune in because you want to

own individual stocks. i'm not going to talk you out of it. i will make you better at it. it's something that you decide is good for you, maybe as campaign to index -- companion to an index fund or you think can grow you wealth. the many years we have been doing this show, thousands and i mean thousands of people have called me or told me or e-mailed me they've done better than the market using the show and their own knowledge. they meld the two. the rise of twitter shows this. what we are doing tonight is giving you directions how you can pick your own stocks and still not take on too much risk. normally we say that's how to be diversified. i start to see many portfolios where pretty much everything would trade together in unison and easily in a way could easily be derailed in a down turn! >> sell sell sell! >> now, you know that i can't cover all the stocks in the world. sometimes i think people think i try but i don't, i can't.

that's why i often use shorthand to tell the story. do i really want you to own only five stocks? no. it would be better if you had 10 stocks and no more than 15 because you can't keep track of the home work i advised. we have done many shows what home work entails. you know it means knowing what the company does and you're looking for and analysts looking for what it's doing and why it's doing it. home work is time consuming. that's not the purpose of today's show. what i want to do this evening is explain the dark-eyeds of classes of stock within the stock market that aren't just by sector. i am offering tonight a new kind of diversification that can help you guide you toward stocks you have if you want to manage your money which many of you are or you wouldn't be tuning in. let's go over your mindset. if you're going to manage your money you have to acknowledge the value of humility. please repeat after me. sometimes i'm going to be wrong!

come on, say it! sometimes i'm going to be surprised not in a positive way and sometimes my stock picks won't work out despite my discipli disciplines. i know it won't work out for everyone. staying humble is important. why? because other than greed nothing costs people more money than arrogance. if you own stocks you have to accept the fact you will be wrong, perhaps even often. your portfolio with get hit with things you never saw coming or even possible let alone imaginable. i talk about this new diversification, diversifying among sectors isn't enough anymore you have to diversify other than a techie! my new diversification recogn e recognizes it to be a new age, we are at one with the world. stocks trade together these days in good and bad times and that's impacting our stocks in different ways.

electronic funds, etfs link in ways i never dreamed of when we started "mad money" and you need even ones that import the errors and foot falls of political and geopolitical events to our source because these matter than they used to. again ahead to change. i never used to care about the chinations of washington. they were a sideshow. and they have intervened in the markets. it's not just our politicians we care about. i started the show, who would have thought we needed to know what the european central bank was, what it was going to do, let alone the person's name who runs it? i didn't used to know that stuff. who would have thought we would have to gage the strength of the chinese academy economy on a we week basis. >> and who would have thought coal would be back on the agenda

or always be a hot war in the middle east. we need to protect ourselves with these new intrusions we didn't concern ourselves when i started this show and tonight is an homage to this world and new diversification and owning the right stocks. we will explore five different areas you need covered for maximum protection and uptight. you need gold although i know it can be a complete dog. that's all right. i've been there, too. it can function as insurance if the world goes bonkers and inflation does come back as all the smart menlg funds stay it will. you need a dividend stock and growth stock and something from a healthy growing. cover all four bases and you have a portfolio that can win in all five markets and why i will explain what makes them essential and have stocks in each one so you can fill every position with the best possible names. bottom line, a good vancouvinrv

knows to expect the unexpected. high yielder, growth stock, geographically safe stock. stick with cramer and i will teach you how to pick the best in each of these categories. why don't we talk to sean. >> caller: thrilled you're having the show. >> great. why are you on? >> caller: i would like to thank you on behalf of investors like myself. i'm a 21-year-old finance major. >> i say go 'noles. my first job out of school was to cover florida state and i love tallahassee! people in their 20s must take risk. i say that because everyone is so darned risk adverse in life. they don't understand you need to own speculative and high growth stocks and stocks just

growth stocks. that is the mix of diversification if i were back in my 20s. in my 20s when i spent all my money at "big daddy's" in tallahassee on beat your head in night, called beat the clock, the drinks started at a nickel, i should have put the money in the oil stocks. how about elren -- helen in illinois? >> caller: hi. this is helen a retired lady. i want to know when you make money in the stock market, is it better to take some out and put it somewhere else or lose it. >> that's a great question. my mother, when i used to go gambling with her, always say, take the winnings hoff the table and buy a cashmere sweater. you should take some money o the table if you have a big move. our goal in life is to play -- there's many goals in life. our goal in financial life is play with the house's money. that should be your absolute goal. at a minimum, if you can do it, it's fantastic.

diversification is the spice of stock. high yield, gold stock, speculation and safe stock. i will help you. stay with cramer! don't miss a second each "mad money." follow @jimcramer on twitter. have a question, tweet crame cramer, #mattweets or cnbc.com. or give us a call 1-800-7 1-800-743-cnbc. miss something, head to "mad mone money"cnbc.com.

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tonight, will teach you a novel, a novel way to fill those five slots in your portfolio i always talk about, the five type of stocks that represent what i call the nyoew diversification. not just by spector but style

and strategy. if executed correctly you will always have something that holds your interest and keeping you in the game even when it feels so ex closuriatclosuriating -- ba y crying -- you don't want to continue to play. some positions can go much higher when times are good. what's the most important category? no question about this. in a world where we're even and central banks raise rates from world levels you can't get enough interest from bonds and deposits to live on you need enough stock to live on. this isn't a fuddy-duddy way to approach this. you need to own a stock at least one with a big high yielding dividends. owning two or three high yie yielders but no more than that. it can be a good thing. they're not the same. i wouldn't go in on five high dividend stocks because then you'd be extremely vulnerable if the return or long term treasury bonds ever spiked in a highway. you could get hurt.

we always respect the high power holds on stocks and interest rates particularly if they rise fast your diffident related stocks will get smashed no matter the industry might be. we see this time and again. a telephone utility like verizon can trade with a company like proctor because they have high dividends. important to consider after a period of time, tame interest rates, they could all be at the exact same time and be concerned the favorable tax rates on dividends could go away and make them competitive to bonds and give these fixed income equivalents a real whacking as it did in the spring of 2013. if you own one stock with a really large yield and one or two of the other names in your portfolio also happens to sport good dividends, not a bad thing. i know dividend paying stocks

may not be what people consider sexy. dividends make you money, for heaven sakes. for me, that's the definition of sex appeal. admittedly i have a pretty wa warped idea of sex appeal but putting dividends back into the stocks is one of the most reliable way to make money plain and simple. it allows your investment to compound, compound over time. in other words, the money from your past dividends pays dividends on compounding returns provided you keep reinvesting. there's a huge misconception about dividends. 2 or 3%, how can they add up? people think high yield is only about safety or generating income in requirement. in january, 1946, 4% of the s&p 500 has come from these reinv t reinvesting dif dents i'm talking about? 40%. correction.

that's how they are for capital appreciation, wall street gibberish for growing your money. don't i know it. i run a charitable trust as part of a teaching tool and the compounding in a traditional way has hurt me over time. hurt the fund. i don't get the money, charity does. dividend stocks aren't merely a place to hide when things get rough although they represent safety in difficult times. they do a good job on capital preservation. investing in high yielders is one of the smartest for inve investing money period and one of the safest since dividend stocks have a cushion called yield support and hanging in there when everyone else is getting annihilated. as the price fall, the yield increases and becomes too attractive for investors to ignore. that cushion is what i calling accidental high yielder, ahys

when ever you can find them and these stocks yield north of 4% not because of dividend boost because the share prices fall so fast causing the yield to skyrocket. time and again we see stocks bottom at this 4% level and seen it in financial crises and emerging down turns and yes a debilitated china relatively speaking because it still grows faster than most of the world. once the yield hits 4%, as long as the differeds are safe, these stocks seem to have an imagine callaway of stopping the down youtu downturn and often become fabulous bargains? the dividend hike is one of the clearest signals a management can send. one that can raise it has stable reliable growth and a company you can be pretty darned sure won't be cutting that dividend any time soon. you cut it after you raise it, that's embarrassing and can cost

a ceo his neck. dividend increases are serious business not easily repealed and outlets put through dividend increases for 13, 14, more consecutive years. that's stability and why i always emphasize my love for what we call the dividend ar rhys to kratz. proctor and johnson & johnson, long raises. other than high yield and dividend use, how do you analyze a high end dividend stock? you have to think safety. high ends are attractive but a very high end can be unsustainable and have to be cut. you will see me throw the red flag here. that takes away -- let's put it this way. you need a rigorous safety inspection. if the dividend is sound. maybe the company can raise it, too. if it seems endangered, no. uh-huh. it ain't worth it, people.

you have to stay away. consider the cautionary tales of what we call the barge arbitrary funds monster yield 12% and gigantic companies with bonds on borrowed money. when rates shucked, i warn against them, don't take the bait. there was nothing about these high yielders, a huge red flag sending a signal the payout will be reduced in a very short period of time. one not worth risking. don't risk holding on that to capture a juicy dividend. by the way, we saw that happen a couple years ago with radio shack and supermarket chains super value. they had huge dividends. super value was able to bounce back but not until it cut its dividend despite protest station made before the cut to the management, and i interviewed them. given i'm biased against too good to be true high yielders,

how do you make sure the dividend is secure? you look at the earnings per share, eps. my rule of thumb if a company has earnings twice its dividend payout, we know it can sustain a dividend, even in lean times when you think the earnings are going to slink. -- to shrink. in that case, you're home-free. look at the cash flow, dealing with companies with a lot of machinery, heavy capital equipment investments and high depreciation and amortization costs. think of places like verizon and at&t, communication stocks don't come cheaply. jim, they can't afford that yield. wait a second. these amortization don't come out of the company's actual cash but do skew the company's worth and they can tell the health of a dividend. i am asked how can i recommend these stocks? aren't i being reckless when the earings barely cover the

divide dividends? it's bows tbecause of the bount effectively cash flow. if you don't understand that. get back to even and how to find out what the company's cash flow really is. maybe stick to earnings per share if you don't understand it. the balance sheet, the debt due, maybe they're too close. if the money is coming due in the near future and the company can't raise it with the bank or public it may necessitate a dividend cut. last but not least you need to know how to collect a dividenvd. i want you to know all the jagr gone. at "mad money" -- jargon. at "mad money" we care about all dividends the last must own date to buy a stock and that is the x date. that's all you need to know. bottom line, if you want to embrace the diversification on the old-fashioned sector kind we still preach. if you want to be prepared for every market out there you must own at least one high yielding

stock. dividends protect your stock and a terrific way to make money. what's not to like? ralph in missouri, ralph. >> caller: hello, mr. cramer. i thank you so much for all you dine your charitable trust. >> you're very kind. a couple mill given away, thank you! >> caller: i know that. i have a son, 35 years old, he has a roth ria, all with the s&p 500. roth ira, all with the s&p 500. my question is do you think it might be a good time to sell it and get a cash position or dividends or what would you suggest? >> no. i want him to stay. what happens if the market takes off. on walt, peter scridescribes if get in and out when you're a younger person you may miss the

one window. stay the course and dividend and conquer. if you want to be prepared for the market, make sure you own at least one high yielding stock and, of course, stick with cramer! mom, dson. now that fedex has streamlined our e-commerce and helped us grow our business, i think it's time we start acting like a business. ok. -here we go... oh, look at this... ok, so number one. no personal items are permitted in the workplace... ..so those will need to come down.

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the discipline of a nyoew

diversified portfolio always protects your stock. you never have to suffer through the agony of everything getting crushed when that basket gets run over by a truck [ baby crying ] >> next, a secular growth stock. it has nothing to do with public versus parochial schools or the establish claus in the first amendment you know i can live without. on wall street, when a company hasek lar growth, unlike smokestack ones that beat the economy with estimates and growing higher. they aren't hostage to the health of the economy and keep on expanding even during a slowdo slowdown. when you get your hands on a strong secular grower, it can grow quickly and quickly. think about stocks like apple, google, facebook.

how do you analyze them and judge them and what's growing well. when we buy a stock we're speculating on the future earnings per share. first, basic algebra of all c t costs of investing and the dollar stock of all stock stock. we need to judge it on an apple to apples basis. pepco is worth 50s less than coca-cola? not. apple is not worth that after a 7-1 split, is it? let's go over what a stock price really means. here's simple algebra. the share price p for ratio, the p equals the e times what's known as the multiple or m. e times m equals p! we're liking algebra and trying to solve for m what we're going to pay for the earnings stream. what's the multiple we're going

to pay? the price earnings multiple is the key, tells us what investors are willing to fork over for a company's future earnings. the most important dermer of that price earnings multiple, the vital ingredient that has the most effect on the size of the valuation special sauce is -- ♪ -- the company's growth rate which is why i'm constantly talking about growth of sales and earnings and pay multiple amount for those with faster growth because that means the earnings will get larger and larger in years ahead. often you hear a guest say this stock is cheap. what they mean is it is cheaper than most stocks in the s&p 500, or grows faster or more special than the average stock because of a catalyst about to occur and cheaper than the s&p. we use this pe ratio when we think of a stock being a bargain in "mad money." as a general rule of thumb when it comes to high octane secular

grower that doesn't need the economy to get strong, the stock can trade up to a multiple almost twice as high as the long term growth rate and year over years earnings growth before it's too speculative for the money managers who determine the price basically. if a company is growing earnings say at 20% clip, you know what, these guys would pay as high as 40 times earnings. that's right. typically a growth stock won't trade down to less than one time its growth unless there's something wrong with fundamen l fundamentals we don't know about or won't find out about until later. maybe we are in a nasty market soured on growth or secular market possibly could happen because of interest rates that makes the multiple on all growth stocks shrink as larger earnings become less attractive relative to increased yields people get from cash or treasuries. by the same rate lower rate growth, we may more for that m.

in 2016, when so much supply hit the stock market in terms of new off fertilization and seconda secondaries particularly for biosecondaries and cloud stocks, the secondaries were nasty the buyers were overwhelmed. what happened is the cloud, internet and biotech stocks almost all faltered. even more important when you're in a high growth stock you need to be especially sensitive to where those estimates and earnings are growing and whether increasing to a faster or slower pace. they can soar to new highs and remain cheap as long as analysts keep raising earnings per estimates and have to do it quick. a stock like facebook can double over the course of a few months, we saw that. and lower than where it started because the earnings estimates increased even faster than the share price did go higher. this kind of momentum allows the stock to resist the downward gravitational pull of an ugly

economy. be very very careful. you're playing with earnings momentum and therefore playing with fire. for truly high octane growth stocks out there, if there is a time it goes down or looks like it's decelerating, i got to tell you, it looks like what's at the bottom of this, like driving a fast car right into a retaining wall. the moment one of these companies stumbles the stock could fall faster than ever imagi imagined. witness great chipotle falling more than 100 in a day. in july of 2012, it reported a disappointing quarter that suggested the company might be more vulnerable to economic weakness than any thought. we thought it was great sector grower no matter what. it can take years paying gradually less and less for slower earnings growth until all the money market managers get shaken out entirely and the price sinks to level where value worried investors become

interested and bottom fish. that's been what the long ride has been for old line fall li pharmaceuticals like merck. just sell sell sell sell. you need a fast grower, preferably a secular growth stock that has many ahead of it for years to come. when you're paying for growth worth it in a company still accelerating and decelerating quickly, dump it! once it decelerates, it can shrink for ages before it bot m bottoms and most people's patience can't hold out that long. >> mohamed in texas, hi. >> caller: hi, jim, how are you? >> what's up? >> caller: my question is i am a new college graduate. i graduated from college for a year now and been in the workforce. i have invested in my 401(k) and outside brokerage account and was wondering how should i

partition my investment in each account and what my investments partitioning should be in bonds and stocks? >> no bonds. in the 20s, congratulations on gradua graduating. when you're in that age, here's what you do, you have to pay down your loans in a high interest rate. you need to be in growth growth growth. you have your whole life ahead of you. if it doesn't work out you can always make the money back with your paycheck. the discipline of a new diversified portfolio trumps wherever the market could be headed. to diversify you need a fast grower, preferably a secular growth stock. stay with cramer.

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diversify tonight, i'm focusing on different types of stocks. showing how to put together a portfolio that's diversified by strategy. a toolbox is something that can work in any and every market no matter how tough. so far i talked about dividends and growth. what else is essentialal for a balanced portfolio? how about something to keep you intere interested. in my view you want to own something her ret call and speculative. and it can be the dirtiest word in the business except here at cramerica, where it's part of orthodo orthodoxy. not only is it worth owni ining these risky stocks in the single digits it's a necessity as long as you follow my rules wisely. you need it as a tonic against

boredom with a huge amount of p upside if things break your way. high risk high reward stocks are enthralling and undeniable mystique to own something that trades in the lower digits although many trade at higher levels. you always here it's the height of irresponsibility. i say a portfolio without a long shot and speculation is one that won't capture your fancy and have you bored with your money and anxious to surrender to people who only care about taking your fees and if you're just not focused enough to do what's right with the rest of your stock. speculation is good if you do it wi wisely, but disciplines almost unheard of in stocks of well liked and well-known companies often deemed safe. did you know at one point in the 1980s, solid stocks like home depot and comcast, parents of

this company were considered to be ultra risky stocks and a television without rabbit ears seemed like sheer idiotsy. some of my stocks came from speculation. you can see some of them. i detail them in "real money" the equivalent of new researchers who came on my hedge fund decades ago, one i retired from. and if done wrong, swimming in those waters can lead to truly gut-wrenching losses. understand i am not glossing over the risks. how do you know the winners and losers. the hated broken stocks of troubled companies abandoned and left for dead and undiscovered stocks of companies. and those impossible to have in the heavily searched of household names simply because so many of the big boys won't

touch any stock that trades under $5. you're benefitting from classic mispricing created by overly pessimistic worry wart money managers. the larger institutions don't want to own these stocks. they think they're too dangerous and questioned by their clients why they own this junk and invested foolishly while there are saver stocks. and they look broken, sprint at 2 bucks and rite-aid at $3, both panned out and were issued by mutual funds out there because of the ramifications of single digit stocks that go ca few wi as many do. you don't have any looking over your shoulder to keep you from buyings the stocks. how do we find them? when a stock goes under two bucks, like sprint, that's important. the bond buyers considered these worthy and we worried what the

bondholders saw would trickle down to the common stock. that's what happened. for rite-aid, remodeled stores were doing better than older e ones and we sawr.a.d. was you doing with merchandise through peridot. because of a successful spec. you can buy their stocks at terrific prices since so many of the big boys won't go near them until they climb at higher levels. i don't like it at 4 but wake me at 8? deals like this don't come around all the time. most of them are tiny stocks most people have never heard of and not trying to catch a turnaround, trying to look for sectors that capture the imagination of the crowd. the next hot fad. it's okay. we can look at fads, too, then look at the wall street fashion show and then again earnings that we saw with little companies that make cell phone components in 2009 and 2010. think sky work solutions and cypress logic to name some of

the biggest ones we saw and saw it with oil companies sitting on huge gas holdings and those that got bids from big pharma comp y companies or approvals of new drugs. these speculations often do however have the life cycle of a may fly. the trick is first always remember to lock in your profits when you have them. don't get burned when interest rates -- when interest wanes. cut some of it down. second, your losses, those you have to cut before they become too large, when a spec you thought wasn't panning out, just leave it. when you speculate you're not trying to find a stock you can buy and hold forever. you want something going higher. as long as you're disciplined and ring the register, doesn't matter if it comes back later. don't do that with stocks with bad or deteriorating fundamen fundamentals, that's stupid speculation. we said we like time ex and

biotech for trades when we did them on speculation fridays. when lightning struck, we said, take all the gains please. they subsequently cratered and we never looked back. you said jim, you said you loved it. we loved it for trades. you need diversification that will potentially allow you to rack up huge gains. lots of fantastic stocks started at speculations and just because it's 3 bucks doesn't mean it's a monty, it could be a triple waiting to happen. back after the break.

all night i've been prea preaching and teaching, trying to show you how to build portfolio stocks that can work in virtually any and every type of market from the nasty picket to bears and running with the bulls, you will always own something right nor the moment by using what i call the new diversification. i say it will always have issue with the portfolio. given the relentless mess in

europe and kind of ongoing slowdown in china and getting crushed repeatedly and frequently, i think we got to do a little refining of the concept. what you really need is a stock in a safe geography. at a time the united states is growing more slowly than the rest of the world you need something international and not something that does a lot of business overseas, i'm talking about a stock based in another country. when the rest of the world appears to be falling apart and the united states looks pretty good-bye comparison, you need something that gives domestic security. what do i mean by the concept of domestic security? anything usa all the way. you can own a company like at&t or verizon or con ed or duke utility, a national restaurant chain like popeye's or dollar store, dollar general, dollar trade. how about retailers. macy's isn't overseas.

home depot pulled back, it's here or reality trust, tanker factory outlet or atf. in times of international turmoil this slot should be filled with something all domestic. at times of domestic turmoil where the rest of the world is in much better shape where we were in the final crisncial criu want to own a foreign company. sometimes it means a foreign company and domestic security depending on the out log. i think you want to go domestic, at least for the foreseeable future. "mad money," it's back after the break.

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♪ we can't let you download... uh, no thanks. i have x1 from xfinity so... don't fall for directv. xfinity lets you download your shows from anywhere. i used to like that song. domestic all night i've been talking about the new diversification, a

way to diversify by strategy to survive in any market. last but least, gold, it is precious in any diversified portfolio. i don't want it to be 20%. it won't work, way too much. i think 10% is the upper limit and consider gold as an insurance policy. no worthwhile insurance policy should be 20% of known you invest invested. why do i like gold? gold tends to go up when everything goes down. your protection against economic political chaos and uncertainty. it can cause the price of gold to rise. before you curse me out because gold has done nothing the last couple of years, you wouldn't own a home without homeowners insurance or car without car insurance and been the best performing asset year after year racking up gains consistently after every asset class disappointed i. it was a win information a long time and now it's cooled. owning gold is not about the up

side. it can be considerable. it's about minimizing your risk about the down side. at any given moment there will be a whole host of factors, sectors from international and miner minerals. but none act like an insurance policy. how should you own gold? the easiest and risky way is through etf, spider gold shares and most people known as gld and owns net tall itself and does a terrific job of tracking knit. i have faith in it. you could potentially call your broker and buy bullion, the physical bars of gold opposed to the bullion bars i like in my soup. that only makes sense for investors that have a place to store it opposed to storing it a an at home. and it can outperform the commodity a period of time. it won't trade in lock-step with

commodity. the fact it's hard to get out of the ground cheaply and aren't a lot of new mines. that makes the gold mining business powerless. gold minors can screw things up in countless different ways, they have debts and mining mistakes i know well. they have shut downs at mines and unexpected start-up delays and everything seems to go wrong even if the stocks get hammered. i finally gave up on the entire group and decided to stick with the gld or physical commodity. bottom line, if you want exposure to gold and not only want it, need it, it's your portfolio insurance policy and everybody should have some, you should just do the easy thing and own gold through the gld, not some gold minor loosely connected to the price of the underlying commodity. stick with cramer.

time for your business entrepreneur of the week. trying to shore up sales at his clothing company's new store he started a second business, coffee bar in the same tampa, florida storefront. customers can sip joe and shop for clothes at the same time. >> brought to you by american express open. visit open forum.com for ideas to help you grow your business. i could feel our deadlines racing towards us. we didn't need a loan. we needed short-term funding fast. building 18 homes in 4 ½ months? that was a leap. but i knew i could rely on american express to help me buy those building materials. amex helped me buy the inventory i needed. our amex helped us fill the orders.

just like that. another step on the journey. will you be ready when growth presents itself? realize your buying power at open.com okay, so you launched your bank's app. now what? how will you keep up with the new demands of today's digital economy? the fact is: some believe they won't need a traditional bank down the road, so at cognizant, we're helping banking and financial services companies think digital, be untraditional, and reimagine what the bank of the future can be. our clients can now leverage customer intelligence to predict their financial needs and provide more contextualized products and services. we're creating new platforms across channels so customers can effortlessly invest, borrow, lend, transact-wherever-whenever they choose. and we're digitizing the way banks run, driving efficiencies and delivering new value for their customers in return. digital works for banking and financial services.

lets talk about how digital works for your business. ♪ it. newdy versecation. there's always market somewhere. i try to find it just for you. i'm jim cramer. see you next time!

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