With Americans beginning to receive their COVID-19 stimulus checks, many may be eager to take some of that money -- even if it's just $100 -- and invest it in stocks. But many of the most popular stocks trade at more than $100 per share, which would understandably lead some to think that those pricey stocks are out of their reach.
But it's important to remember that what counts is how much money you are investing and the quality of the companies you are investing in, not how many shares of stock you are purchasing. The idea that it is better to buy more shares of a lower-priced stock than to buy fewer shares of a higher-priced stock is simply wrong. And with many online brokerages offering the ability to buy fractional shares, investors can pick up $100 worth of a stock that trades for far more.
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Source Fool.com