Billionaire Ray Dalio is Buying These 5 Stocks

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1. Walmart Inc. (NYSE:WMT)

Ray Dalio’s Bridgewater Associates Stake Value: $736 million

Bridgewater Associates 13F Portfolio: 4.72%

Number of Hedge Fund Holders: 71

Bridgewater Associates lifted its position in Walmart Inc. (NYSE:WMT) by 45% to 736 million worth of shares, making it the largest stock holding of their 13F portfolio. It has a long history of returning cash to shareholders through dividends. Currently, the company offers a quarterly dividend of $0.55 per share, yielding around 1.57%. 

Walmart has experienced an increase in hedge fund activity lately. It was in 71 hedge funds’ portfolios at the end of the second quarter compared to 58 positions in the previous quarter.

You can also take a peek at the 10 Best Stocks to Buy According to Billionaire Ken Fisher and 10 Best Stocks to Buy for the Next Ten Years.

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