Stock-picking comes with its fair share of risks, but by taking some risk-mitigating steps -- like diversifying well and staying in for the long-term -- investors can get exposed to huge gains without losing too much. In this clip from Industry Focus: Healthcare, market analysts share why they like individual stock-picking over indexes, give some advice for diversifying your portfolio of stocks, and look into some sector-specific risks in oil and healthcare.

A full transcript follows the video.

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Source: Fool.com