In his new book, "Get Rich Carefully," CNBC "Mad Money" host Jim Cramer gives readers advice on how to evaluate growth stocks with strong fundamentals. As he explains, investors should assess market dynamics to find sectors with long-term potential. After that, it's time to use key hidden metrics to benchmark potential stock picks against others within the industry group.
Major themes built to last can be the ultimate antidote to the daily hazards that have driven so many people out of this asset class. If you listen to the pundits, they invariably return to the idea that all stock trading is short term in nature, and we have to accept a new world ruled benignly by central banks and maliciously by high-frequency traders and hedge funds that flit in and out of stocks, chasing whatever fad captures their fancy. I think these misperceptions erode confidence and make it seem impossible to get rich with any sort of prudent philosophy. That's why I emphasize long-term themes. These seven themes are built to last for years and years to come:
Text copyright © 2013 by J.J. Cramer & Co. From Jim Cramer's "Get Rich Carefully," reprinted with permission from Blue Rider Press, a member of Penguin Group (USA) LLC.