Billionaire Ray Dalio’s Top Picks Include Microsoft Corporation (MSFT)

Is there a pattern here? Bridgewater was buying EMC Corporation (NYSE:EMC) in the first quarter of 2013 and reported owning a little under 900,000 shares in the 13F. The financial community is fairly optimistic on EMC Corporation (NYSE:EMC), with the stock trading at 19 times trailing earnings but forecasts from Wall Street analysts implying a forward P/E of only 11. However, business has actually been fairly stable going by recent financial reports. Lee Ainslie’s Maverick Capital initiated a position of 6.4 million shares in EMC Corporation (NYSE:EMC) during the fourth quarter of 2012 (check out Ainslie’s stock picks).

Rounding out Dalio’s top five picks was Lockheed Martin Corporation (NYSE:LMT). Certainly one concern with Lockheed Martin Corporation (NYSE:LMT) is that cuts in U.S. military spending will shrink the company’s business, and in fact revenue was down slightly in the first quarter of 2013 versus a year earlier. We would note that Lockheed Martin Corporation (NYSE:LMT) pays a yield of 4.5% at current prices, and with a beta of 0.6 it could be of interest to income or defensive investors. Billionaire Ken Griffin’s Citadel Investment Group owned 1.2 million shares of Lockheed Martin Corporation (NYSE:LMT) at the beginning of this year (research more stocks Citadel owned).

Disclosure: I own no shares of any stocks mentioned in this article.