This verse is also related to the famous quotes: "Tell me who your friends are and I tell you who you are" and "Birds of the same feather, flock together".
All of us should be careful in choosing our friends, who will help us and accompany us in our daily lives. Their attitudes and character will also reflect your companionship. Like minds will really stick together.
Also, pray for your friends. A praying friend will last and a good keep. Be that good friend to someone in your entire life!