Small-cap stocks for long-term investors: 5 stocks operating in niche areas & having gone through many business cycles

A few more weeks of the Nifty and Sensex moving upward, and investors will again start to look at small-cap stocks with interest. Nothing wrong with that. But when it comes to small-caps, just check if the company has some advantage. It could be a product, a brand, a niche segment, or that it meets certain financial criteria. If it has some of these, then buy it and ride the rally over the long term to create wealth. The key words here are long term.