What are some black owned stocks to buy?

What are some black owned stocks to buy?

9 Best Black Owned Stocks to Invest in Today

• RLJ Lodging Trust.
• Urban One.
• Ping Identity Holding.
• Global Blood Therapeutics.
• Carver Bancorp.
• Broadway Financial Corp.
• Axsome Therapeutics.
• American Shared Hospital Services.

What black owned companies are on the stock market?

Here are a few Black-owned publicly traded stocks:

• RLJ Lodging Trust (RLJ)
• Urban One, Inc. (UONE)
• Global Blood Therapeutics, Inc. (GBT)
• Carver Bancorp, Inc. (CARV)

What is the largest black owned company?

World Wide Technology is the largest Black-owned business in the country. Global tech consulting firm World Wide Technology is the largest Black-owned business, posting revenues of more than $2 billion in 2016.

Is there a Black stock market?

Former attorney, Joe Cecala, recognized this and, through a partnership with Cadiz Capital Holding LLC, a minority-owned private equity firm, founded The Dream Exchange, the first Black-owned stock exchange in the 230 years of US stock exchanges.

What is the richest Black-owned company?

RLJ Lodging Trust, one of the largest publicly owned Black businesses, reported total assets of $5.92 billion in June 2020.

Is Citizens Bank Black-owned?

Founded in 1921 by five black businessmen, today Citizens Trust Bank is a federally certified CDFI and the third largest African American owned financial institution in the nation with assets of more than $350 million.

Is Coca Cola Black-owned?

Coca-Cola Florida, one of the largest Black-owned businesses in the U.S. and the largest in Florida, has been selected as a 2022 U.S. Best Managed Company. Founded in 2015, Coca-Cola Florida is the third-largest privately held and sixth-largest minority-owned business in the state.

What are Black people investing in?

A Credit Suisse study found that even among the top 5% Black wealth holders, they are more likely to own conservative investments like real estate, bonds and life insurance than their white counterparts. — CNBC’s Nate Rattner contributed to this story.