Electronic Arts Inc. (EA) and 4 More Long-Term Investment Picks From Ray Dalio

Last but certainly not least, Rogers Communications Inc. (NYSE:RCI) is the leading wireless provider in Canada – owning 35% of the market. We see Canada as a relatively untapped and undeveloped mobile market, when compared to the U.S., which has major competitors AT&T, Verizon and Sprint all fighting for subscribers and spectrum. Rogers’ wireless operations have grown to account for nearly 60% of the company’s total revenue.

Rogers is also the first provider in Canada to launch an LTE network, with over over 35% of Rogers’ footprint now running off LTE. Rogers is working to establish itself in the mobile banking market with a new focus on credit, payment and charge-card services. A big positive for investors should be its 3.6% dividend yield and 13x forward P/E.

To recap: it appears that Ray Dalio has made some bets for the long haul. These stocks may very well see some interim pressure, but each has solid long-term prospects that have been overlooked due to earnings or demand weakness. Bed Bath & Beyond has seen weakness due to a poor economy and weak consumer spending, but should rebound as a result of its store diversification. EA has been shunned the most of its gaming peers, but has the most to gain with its wide reaching brand name. Celgene and Cardinal, meanwhile, will both benefit from a rising population and better healthcare standards in emerging countries. Rogers is a solid play in the rapidly growing wireless industry, in one of the developed – yet growing – markets that is Canada.

For more information on Dalio and Bridgewater, check out our hedge fund resources below:

Ray Dalio’s Full Equity Portfolio (per 13F filings)

Why Did Bridgewater Dump Best Buy and Intel?

What Did Dalio Buy Last Quarter?