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.