Joey Amato is the
founder of Pride
Wealth Club, an
organiza on which
provides financial
educa on to the
LGBTQ community
through a series of
workshops, guest
speakers, ar cles
and networking
events.
People o en ask me
which stocks I recommend buying for long-term in-
ves ng. With thousands of publicly traded compa-
nies available, this ques on becomes a bit complicat-
ed. There are mul ple factors that one must consider
when giving financial advice on the street. Without
knowing the exact details of a person's financial sit-
ua on or por olio, I tend to shy away from giving
specific stock recommenda ons. That being said, I
thought I would take the me to assemble a list of
stocks that are not only great long-term investments,
but also rank the highest in terms of their diversity
and inclusion ini a ves.
I have not analyzed all of these companies like I nor-
mally do, in terms of evalua ng P/E, Yield, EPS, etc.
These are solely organiza ons whose diversity ini a-
ves are consistently the strongest and most consis-
tent.
Amazon (AMZN) – Consumer Discre onary
Apple (AAPL) - Technology
AT&T (T) - Telecom
Chevron (CVX) – Oil/Energy
IBM (IBM) – Technology
JP Morgan Chase (JPM) - Financial
Proctor & Gamble (PG) – Consumer Staples
United Health (UNH) – Healthcare/Insurance
Verizon (VZ) - Telecom
Walgreens (WBA) – Consumer Staples
Ironically, if you decide to invest in all 10 of
these firms, you will have a pre y well diver-
sified por olio. There are a few others I would
throw in there as well, especially in the tech-
nology sector, mainly Microso (MSFT) and
Google (GOOG).
In full disclosure, I own shares of T, JPM, PG,
VZ and MSFT. I made these purchases a er
I studied the financials of these firms and
found them to be safe long-term investments
in this current environment.
Invest In Equality
www.pridewealthclub.com
By Joey Amato
Diversity Rules Magazine | Mar 2021 | 9
