(0:45) - Exploring The Specialty Retail Stores: Niche Shopping(10:10) - The Positives and Negatives of Value Investing: Top Stock Picks(21:05) - Episode Roundup: ECHS, AMZN, GIII, EXPR, GPS, LE, PXD, JPM Podcast@Zacks.com Welcome to Episode #238 of the Value Investor PodcastEvery week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.This week, it’s time to consider the value investor’s biggest challenge: how to be patient.Most value investors are long-term buy and hold investors. But buy and hold means owning through some periods of underperformance, no matter what the company.Even Amazon AMZN has had long periods where it has underperformed.But when should you hold and when should you abandon ship?The Hated Apparel RetailersThere are always industries that are out of favor on Wall Street.For the past few years, two of the most “hated” industries were the apparel retailers and oil.The Street believed for years that apparel retailers who operate in the malls like Chico’s CHS, Express EXPR and the Gap GPS were doomed.And then the pandemic hit.Some of those stocks became dirt cheap. Chico’s, for example, traded under $2 a share for months in 2020.2021 Stock WinnersBut 2021 has seen a change in the guard. The “hated” industries became the darlings of the Street, with many of the stocks staging big stock rallies.Chico’s, for example, is up 233% year-to-date even though it remains an underperformer over the last 5-year period.Energy, surprisingly, has been the best performing sector this year.Pioneer Natural Resources PXD, one of the large exploration and production companies, is up 45% year-to-date while the S&P 500 is up “just” 11.9%.But is it really that easy to invest in the “hated” industries?Find out all you need to know about being a patient investor on this week’s podcast.Legal Marijuana: An Investor’s DreamImagine getting in early on a young industry primed to skyrocket from $17.7 billion in 2019 to an expected $73.6 billion by 2027.Although marijuana stocks did better as the pandemic took hold than the market as a whole, they’ve been pushed down. This is exactly the right time to get in on selected strong companies at a fraction of their value before COVID struck. Zacks’ Special Report, Marijuana Moneymakers, reveals 10 exciting tickers for urgent consideration.Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Pioneer Natural Resources Company (PXD): Free Stock Analysis Report The Gap, Inc. (GPS): Free Stock Analysis Report Chicos FAS, Inc. (CHS): Free Stock Analysis Report Express, Inc. (EXPR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research