Have faith in value
It is always a wise choice to include a few "Best in Show" company stocks in your portfolio, according to investment guru Jim Cramer of TheStreet.com. Even if these industry best performers tend to be more expensive than others in the category, their history of continuing strong performance makes them an excellent stock market pick to keep for the long-term.
Patience is a huge virtue in the world of stock market investment. Yes, we did say to dump the loser stocks. However, some stocks that may be having a period of poor performance are worth it to hang in there with. Companies with strong customer bases, great products, and solid assets are worth some loyalty and patience. This is where it is so important to research stock and do that homework. Another stock investment tip: look to invest in damaged stocks, not damaged companies.