With increasing interest in values-based investing, christian companies have become attractive investment options for many investors. This article provides an overview of the top christian companies to consider for investment in 2023 based on their business prospects, financial performance, and alignment with christian values. We will analyze companies like Hobby Lobby, Forever 21, In-N-Out Burger, ServiceMaster, and others to understand their potential as part of a christian investment portfolio. By investing in christian companies that align with your values while still promising growth and returns, you can make an impact with your money in addition to earning a profit.
Hobby Lobby has a strong growth outlook but limited dividend history
Hobby Lobby is a leading arts and crafts retailer in the United States with over 900 stores nationwide. The company is known for closing its stores on Sundays, paying above minimum wage, and donating a portion of its profits to christian ministries. As a private company, Hobby Lobby does not offer dividends but it has delivered strong growth with sales increasing from $3.3 billion in 2013 to $6.3 billion in 2021. The company continues to expand by adding new stores each year. While investing in Hobby Lobby stock is limited to private equity opportunities, it remains one of the top christian companies to watch.
Forever 21 offers exposure to fast fashion but faces risks
Forever 21 is a popular fast fashion brand started by christian entrepreneurs Don and Jin Chang. The company filed for bankruptcy in 2019 but emerged and continued operations after being bought by new owners. Forever 21 offers a way to invest in trendy and inexpensive clothing but the fast fashion industry faces challenges. With online retailers providing easy access to discount clothes, Forever 21 will need to adapt its brick-and-mortar model. However, the brand maintains appeal among its target demographic of teens and young adults. Forever 21 allows public investment via its new parent company, Authentic Brands Group (ABG).
In-N-Out Burger is private but shows the strength of christian brands
In-N-Out Burger is a leading quick-service restaurant chain in the Southwest United States. Founded by the christian Snyder family, In-N-Out has grown steadily and maintains a loyal customer base. The company’s values are reflected in its use of fresh ingredients, employee compensation and biblical verses printed discreetly on packaging. In-N-Out remains privately held by the Snyder family so direct investment is not possible for most investors. However, its success underscores the potential for christian companies to compete effectively while still adhering to faith-based values.
ServiceMaster offers core home and commercial services with a dividend
ServiceMaster Global Holdings provides essential home and commercial services including Terminix pest control and American Home Shield home warranties. The company has paid dividends consistently for over 50 years. ServiceMaster stock also offers relative stability as demand for its services remains steady through economic cycles. The company has faced recent challenges with COVID-19 lockdowns reducing termite inspections and service requests. However, as a leader in its industry, ServiceMaster is poised to rebound. For investors seeking christian companies with an attractive dividend, ServiceMaster is a stock to consider.
Christian companies like Hobby Lobby, Forever 21, In-N-Out Burger and ServiceMaster represent opportunities for values-aligned investing. While returns and access to investment vary, these christian companies offer exposure to growing retail, restaurants, and services sectors while adhering to principles of faith. For investors looking to put money into companies that reflect their personal values, christian companies provide an impactful option.