5 Best Black-Owned Stocks to Buy for 2020

Publicly traded black-owned stocks have cooled off a bit from the recent Juneteenth spikes when George Floyd protests brought attention to racial injustices in America.

If you're looking for the best black owned stocks to buy then take a look at the list below of these companies that you can invest in.

CompanyTicker
Urban OneUONE & UONEK
Broadway Financial CorporationBYFC
Carver BankCARV

Urban One (UONE)

Urban One is the largest African-American media company in the United States. The company owns several niche TV, radio, and online assets that cater to the black community.

There are two different types of Urban One stock: UONE (class A shares) and UONEK (class D shares).

UONE has a smaller float and represents 1 vote per shareholder. UONEK has a much bigger float and represents zero votes as a shareholder.

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