5 Best Ray Dalio Stocks Other Billionaires Are Also Piling Into

In this piece, we will take a look at the five best Ray Dalio stocks other billionaires are also buying. If you want to learn more about the legendary investor and his firm’s A.I. research, then go on and read 10 Best Ray Dalio Stocks Other Billionaires Are Also Piling Into.

5. Johnson & Johnson (NYSE:JNJ)

Number of Billionaire Investors In Q3 2023: 20

Johnson & Johnson (NYSE:JNJ) is a multinational health, wellness, and pharmaceutical company. The firm hasn’t been doing well on the financial front lately as it has missed analyst EPS estimates in three out of its four latest quarters. The shares are rated Buy on average and analysts have set an average share price target of $175.

As of Q3 2023 end, 84 out of the 910 hedge funds profiled by Insider Monkey were Johnson & Johnson (NYSE:JNJ) shareholders. Ken Fisher’s Fisher Asset Management was the largest investor as it held a $1.1 billion stake.

4. Intuitive Surgical, Inc. (NASDAQ:ISRG)

Number of Billionaire Investors In Q3 2023: 21

Intuitive Surgical, Inc. (NASDAQ:ISRG) is a global leader in medical robotics. Its DaVinci robot is capable of aiding surgeons during surgeries, and recurring revenue from hospitals that use the robot also gives the firm some stability. To boot, Wall Street is quite optimistic about the stock too as analysts have rated the shares as Strong Buy on average.

For their shareholdings during 2023’s September quarter, 78 among the 910 hedge funds tracked by Insider Monkey had bought the firm’s shares. Intuitive Surgical, Inc. (NASDAQ:ISRG)’s biggest hedge fund investor is Ken Fisher’s Fisher Asset Management since it owns $1.2 billion worth of shares.

3. Alphabet Inc. (NASDAQ:GOOG)

Number of Billionaire Investors In Q3 2023: 22

Alphabet Inc. (NASDAQ:GOOG) is a household name and a mega cap technology stock. It made a big announcement in December 2023 when it announced the Gemini A.I. model which Google claims can beat OpenAI’s GPT-4 across a variety of benchmarks.

By the end of this year’s third quarter, 163 out of the 910 hedge funds surveyed by Insider Monkey had owned Alphabet Inc. (NASDAQ:GOOG)’s shares. Ken Fisher’s Fisher Asset Management was the largest shareholder in our database as it held a $5.7 billion stake.

2. Visa Inc. (NYSE:V)

Number of Billionaire Investors In Q3 2023: 23

Visa Inc. (NYSE:V) is a global brand known for its plastic payment cards and payment gateways. It’s one of the best rated stocks on our list as analysts have rated the shares as Strong Buy on average. Additionally, the average share price target of $279 prices in a 9% upside.

After digging through 910 hedge fund portfolios for their September quarter of 2023 shareholdings, Insider Monkey found that 167 had invested in the firm. Visa Inc. (NYSE:V)’s biggest hedge fund investor is Chris Hohn’s TCI Fund Management since it owns 16.7 million shares that are worth $3.8 billion.

1. Meta Platforms, Inc. (NASDAQ:META)

Number of Billionaire Investors In Q3 2023: 32

Meta Platforms, Inc. (NASDAQ:META) is a technology company that operates social media and communications platforms. The firm is facing the heat these days after a lawsuit accuses it of not protecting children on Instagram and leaving them vulnerable to abuse.

234 out of the 910 hedge funds surveyed by Insider Monkey during Q3 2023 had held a stake in Meta Platforms, Inc. (NASDAQ:META). Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital was the largest shareholder due to its $3.4 billion stake.

Disclosure: None. You can also take a look at Warren Buffett’s 10 Stock Picks with Huge Upside Potential and 12 Dow Stocks Billionaires Like The Most.

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