12 Best Growth Stocks to Buy According to Billionaire Ray Dalio’s Bridgewater Associates

Swati Goyal
8 min read

In This Article:

In this piece, we will take a look at the 12 best growth stocks to buy according to billionaire Ray Dalio's Bridgewater Associates. If you want to see more stocks in this selection, then take a look at 5 Best Growth Stocks to Buy According to Billionaire Ray Dalio's Bridgewater Associates.

Since founding Bridgewater Associates in 1975, Ray Dalio has earned his status as one of the most respected investors. The hedge fund has become the largest in the highly competitive industry, with over $90 billion in assets under management. 

Bridgewater Associates was one of the few hedge funds that successfully navigated the 2008 financial crisis, with its main fund rising 9%  even as the S&P 500 plunged 37%.

Bridgewater Associates' investment engine has always been a collection of hundreds of signals or quantitative indicators that provided insights on when the market was due to rise or fall. Details of the signals or the approaches leveraged have always remained a closely guarded secret, with Dalio reiterating the need to safeguard their competitive edge in the industry. The hedge fund performance has always asserted Dalio's stock’s picking edge, as depicted by the fund's flagship Pure Alpha 11 fund, delivering average annual returns of 11.4% between 1991 and 2022. As the overall hedge fund sector would come under pressure in 2018, going down by an average of 6.7%, Bridgewater Associates generated a 14.6% return. 

Dalio has stepped down from the day-to-day running of Bridgewater Associates in 2022 but he continues to play an active role while mentoring the current portfolio managers.

Recently, Dalio has raised concerns over the valuation levels in the equity market. Dalio has also warned that the US faces a severe political and economic crisis exacerbated by the rising interest rates. The legendary investor fears that growing internal tensions and external threats could end up creating risky situations that could rattle the markets. 

12 Best Growth Stocks to Buy According to Billionaire Ray Dalio's Bridgewater Associates

Ray Dalio of Bridgewater Associates

Our Methodology 

After analyzing 13F fillings of Dalio's fund, we chose 12 stocks with strong revenue growth over the past 12 months.

12. Inter Parfums, Inc. (NASDAQ:IPAR)

Percent of Revenue Growth in Past One Year: 31.74%

 

Bridgewater Associates’ Q3 2023 Stake: $3.18 Million

 

Number of Hedge Fund Holders: 21

Inter Parfums, Inc. (NASDAQ:IPAR) makes and markets perfumes, scents, and colognes in New York. Its brands are Jimmy Choo, Kate Spade, Abercrombie & Fitch, and GUESS. Inter Parfums, Inc. (NASDAQ:IPAR) has risen by 35.23% this year. 

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