In this article, we will look at the 10 Best Dip Stocks to Buy According to Billionaires.
On July 3rd, Dan Ives, Global Head of Tech Research at Wedbush, joined CNBC to discuss the technology sector. He notes that AI will fuel a multi-year tech rally and that rally is just beginning as the sector made a comeback from the liberation day. Ives highlighted that the tech stocks have been up 10% to 15% in the second half of the year, and this is because the second and third derivatives of AI have started to play out. Ives believes that the AI play has led the NASDAQ 100 to high range of 22,000 to 23,0000.
While addressing a question regarding the potential downsides for the sector down the road, Ives noted that he sees the turbulence from future trade deals, Fed meetings, or geopolitical situations as buying opportunities. He elaborated that as long as the fundamentals remain stable for the tech sector, he sees at least a 3-year tech bull market ahead.
Ives also shared his opinion on the high valuations of some technology stocks. He noted that investors need to segregate transformational tech stocks from ordinary tech stocks. He added, while the market sees some of the transformational tech stocks to be over-valued, Ives sees them as undervalued due to their long-term role in the AI revolution. Ives likes the software and cybersecurity stocks to be some of the most transformational sectors within the industry.
With that, let’s take a look at the 10 best dip stocks to buy according to billionaires.
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Our Methodology
To curate the list of 10 best dip stocks to buy according to billionaires, we used the Finviz Stock Screener and Yahoo Finance. Using the screener, we aggregated a list of tech stocks trading within 0%-10% of their 52-week lows. Next, we cross-checked the 52-week range for each stock from Yahoo Finance. Lastly, we ranked the stocks in ascending order of the number of billionaire investors as of Q4 2024, sourced from Insider Monkey’s database. We have also added the number of hedge funds holding each stock as of Q1 2025. Please note that the data was recorded on June 30, 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10 Best Dip Stocks to Buy According to Billionaires
10. Sanofi (NASDAQ:SNY)
Price: $47.85
52 Week Range: $45.80 – $60.12
Number of Hedge Fund Holders: 27
Number of Billionaire Investors: 7
Sanofi (NASDAQ:SNY) is one of the 10 Best Dip Stocks to Buy According to Billionaires. On June 25, Sanofi (NASDAQ:SNY) announced that the FDA granted orphan drug designation to Riliprubart for treating antibody-mediated rejection in solid organ transplantation.
The FDA grants orphan drug designation to drugs aimed at treating rare diseases or conditions affecting fewer than 200,000 people in the US. This is a significant milestone for Sanofi (NASDAQ:SNY) as it provides benefits including tax credits, user fee waivers, and market exclusivity upon approval.
Riliprubart is currently being evaluated in multiple clinical trials across different indications, including transplant and neurology. The phase 2 study is underway to assess its efficacy in kidney transplant recipients. Sanofi (NASDAQ:SNY) is also conducting two phase 3 trials investigating Riliprubart in chronic inflammatory demyelinating polyneuropathy.
Sanofi (NASDAQ:SNY) is a leading healthcare company headquartered in France. It focuses on improving patient health through the research, development, manufacturing, and marketing of a wide range of therapeutic solutions.
9. Lowe’s Companies, Inc. (NYSE:LOW)
Price: $223.63
52 Week Range: $206.39 – $287.01
Number of Hedge Fund Holders: 68
Number of Billionaire Investors: 14
Lowe’s Companies, Inc. (NYSE:LOW) is one of the 10 Best Dip Stocks to Buy According to Billionaires. On June 23, analyst Zachary Fadem from Wells Fargo reduced the price target on Lowe’s Companies, Inc. (NYSE:LOW) from $300 to $260, while reiterating a Buy rating on the stock. The rating comes after the company posted mixed results for its Q1 2025.
Lowe’s Companies, Inc. (NYSE:LOW) posted a revenue of $20.93 billion, reflecting a 2.03% decline year-over-year and below expectations by $29.64 million. However, the EPS of $2.92 topped the analysts’ target by $0.04. Management noted the decrease in comparable sales to be impacted by the unfavorable weather conditions early in the quarter, but was partially offset by mid-single-digit growth in professional and online sales.
Despite the mixed results, Lowe’s Companies, Inc. (NYSE:LOW) reaffirmed its fiscal 2025 guidance and continues to expect sales ranging from $83.5 billion to $84.5 billion with comparable sales in a range of flat to up 1%. The operating margin is expected to be in the range of 12.3% to 12.4%.
Lowe’s Companies, Inc. (NYSE:LOW) is a leading home improvement retailer. Its services and products range from construction, maintenance, repair, remodeling, and decorating projects.
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