5 Best Stocks to Buy According to Billionaire Ray Dalio

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1. Walmart Inc. (NYSE: WMT)

Dalio’s Stake Value: $487,757,000
Percentage of Ray Dalio’s 13F Portfolio: 4.3%
Number of Hedge Fund Holders: 58

Bridgewater Associates appears bullish about Walmart Inc. (NYSE: WMT) as the firm raised its existing position by 16% to 3.59 million shares, making it the largest stock holding of their 13F portfolio. WMT has an extensive history of returning cash to investors in the form of dividends. Its quarterly dividend is currently standing around $0.55 per share, yielding around 1.57%. The company increased its dividends in the past 47 consecutive years.

Walmart experienced a decrease in hedge fund activity lately. It was in 58 hedge funds’ portfolios at the end of the first quarter compared to 70 positions in the previous quarter.

You can also take a peek at 10 Best Stocks to Buy Now According to Bill Gates and 10 Best Stocks to Buy According to Warren Buffett.

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