The Robinhood app has been all over the news because it has become a popular platform for day traders. In reality, while that's one possible (and dangerous) use for the app, it can also be used to buy stocks in order to hold them for the long-term.
In fact, Robinhood offers commission-free trading of fractional shares. That means that investors who may not be able to buy a full share of great companies can still own a piece of those top-tier brands.
Remember, it's not how many shares you own of a stock that matters. If you buy 10% of a share of a company and its price rises by 20%, the value of your investment will have risen by 20%.
5 Winning Stocks Under $49
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