Billionaire Ray Dalio’s 5 Best Stock Picks

In this article, we will discuss Billionaire Ray Dalio’s 5 Best Stock Picks. If you want to explore similar stocks, you can also take a look at Billionaire Ray Dalio’s 15 Best Stock Picks.

5. Bright Horizons Family Solutions Inc. (NYSE:BFAM) 

Bridgewater Associates Q2 2023 Investment: $7.39 Million
Percentage of Bridgewater Associates portfolio as of Q2 2023: 0.04%
Number of Hedge Fund Holders: 15
Market Capitalization as of October 12: $4.8 Billion

Bright Horizons Family Solutions Inc. (NYSE:BFAM) operates in the Consumer cyclical segment, offering early education chi, childcare backup care, and other workplace solution services. Its Full-Service Centre-Based Child Care segment offers center-based care and education for kids.

[/company-follow-email]

4. Doximity, Inc. (NYSE:DOCS)

Bridgewater Associates Q2 2023 Investment: $7.44 Million
Percentage of Bridgewater Associates portfolio as of Q2 2023: 0.04%
Number of Hedge Fund Holders: 25
Market Capitalization as of October 12: $4.34 Billion

Doximity, Inc. (NYSE:DOCS) has carved a niche by offering a cloud-based digital platform for medical professionals. Its platforms provide tools for medical professionals, allowing them to collaborate with their colleagues, coordinate patient care, and conduct virtual patient visits. Some of its biggest customers are pharmaceutical manufacturers and healthcare systems.

[/company-follow-email]

3. Masimo Corporation (NASDAQ:MASI) 

Bridgewater Associates Q2 2023 Investment: $9.16 Million
Percentage of Bridgewater Associates portfolio as of Q2 2023: 0.05%
Number of Hedge Fund Holders: 40
Market Capitalization as of October 12: $4.32 Billion

Masimo Corporation (NASDAQ:MASI) operates in the healthcare sector, specializing in developing and manufacturing patient monitoring technologies and automation and connectivity solutions. Its lead product is Masimo signal extraction technology SET, which addresses conventional pulse oximetry’s primary limitations.

[/company-follow-email]

2. WisdomTree, Inc. (NYSE:WT) 

Bridgewater Associates Q2 2023 Holding Value: $9.74 million
Percentage of Bridgewater Associates portfolio as of Q2 2023: 0.06%
Number of Hedge Fund Holders: 23
Market Capitalization as of October 12: $1.05 Billion

WisdomTree, Inc. (NYSE:WT) is a financial services company that provides investors with Exchange Traded products, including exchange-traded funds. Investors can invest in ETFs to gain diversified exposure to equities, fixed-income commodities, cryptocurrencies, and other alternative investments.

[/company-follow-email]

1. Flowers Foods, Inc. (NYSE:FLO) 

Bridgewater Associates Q2 2023 Investment: $10.01 Million
Percentage of Bridgewater Associates portfolio as of Q2 2023: 0.06%
Number of Hedge Fund Holders: 21
Market Capitalization as of October 12: $4.50 Billion

Flowers Foods, Inc. (NYSE:FLO) makes and sells baked goods in the US. Its lead products include fresh breads, buns, rolls, snack cakes, and tortillas. Formerly known as Flower Industries, the company distributes its products through a direct store delivery and warehouse delivery system.

[/company-follow-email]

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get  the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on Ray Dalio on Potential US-China War and Rise of China and Ken Fisher Portfolio: 15 Biggest Small-Cap Positions.