10 Best Stocks to Buy According to Billionaire Ray Dalio

2. NVIDIA Corporation (NASDAQ:NVDA)

Bridgewater Associates Equity Stakes: $469.66 Million

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) is a technology and computing infrastructure company that provides graphics, computing, and networking solutions. Its GPUs are in strong demand for powering data centers amid the artificial intelligence boom. It is one of the best stocks to buy, according to billionaire Ray Dalio, as the biggest beneficiary of increasing AI infrastructure spending.

With its graphics processing units (GPUs) serving as the foundation of AI infrastructure, NVIDIA Corporation (NASDAQ:NVDA) is the king of artificial intelligence (AI). Owing to strong demand for the company’s AI chips, revenue in the fourth quarter of fiscal 2025 reached $39.3 billion, up 78% year-over-year. Adjusted earnings also grew by an amazing 71% to $0.89 per share.

As it increases the supply of its most recent generation Blackwell processors to meet the rapidly increasing demand from customers, Nvidia may surpass its projections. More significantly, Blackwell’s adaptability can assist NVIDIA Corporation (NASDAQ:NVDA) in preserving its leading position in the AI chip industry. Likewise, earnings are anticipated to rise by 50% in the current fiscal year.