Only Have $100 to Buy Stocks? These 3 High-Priced Winners Aren't Out of Reach
The stock market has fallen sharply, and many promising stocks are on sale at bargain prices. Yet the fallout from the COVID-19 pandemic has created a potential financial disaster for millions of people. As hard as it is to save and invest in the best of times, it's even harder now -- and many people feel like they can't save enough even to afford a single share of the companies they like.
Fortunately, you don't need to let high share prices and a lack of available cash stop you from investing the way you want to. That's right: you can put big longtime winners like Amazon.com (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and even Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) into your portfolio -- with just one secret.
In times of financial stress, you want to make sure that the companies whose stock you buy have the staying power to make it through any crisis. Although some smaller stocks might give you more dramatic gains after a recovery, they're not in as strong a position to survive the possible financial consequences of the coronavirus pandemic.
Source Fool.com
