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

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. 

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. 

Inter Parfums, Inc. (NASDAQ:IPAR)’s revenue was $1.30 billion for the twelve months ending on September 30, 2023, a 31.74% increase from last year, which shows why it is one of the top growth stocks to invest in, as per billionaire Ray Dalio’s Bridgewater Associates. The hedge fund had 23,645 shares of Inter Parfums, Inc. (NASDAQ:IPAR) in Q3 2023, valued at $3.18 million. 

11. Enphase Energy, Inc. (NASDAQ:ENPH)

Percent of Revenue Growth in Past One Year: 34.37% 

Bridgewater Associates’ Q3 2023 Stake: $11.17 Million

Number of Hedge Fund Holders: 40

Enphase Energy, Inc. (NASDAQ:ENPH) makes and sells solar home energy solutions in the US and abroad. The company offers microinverters that work at the solar module level, as well as software for energy management.

Enphase Energy, Inc. (NASDAQ:ENPH)’s revenue was $2.71 billion for the twelve months ending on September 30, 2023, a 34.37% increase from last year.

ClearBridge SMID Cap Growth Strategy commented on Enphase Energy, Inc. (NASDAQ:ENPH) in its Q2 2023 investor letter:

“We exited our position in Enphase Energy, Inc. (NASDAQ:ENPH), in the IT sector, which designs, manufactures and sells semiconductor equipment for the residential solar photovoltaic industry. New regulations within California, as well as improving supply chain dynamics in Europe, have placed additional pressure on the company. Facing concerns surrounding weaker US residential demand, decelerating revenue growth trends and falling prices compressing margins, we elected to sell the position and redeploy our assets to other, higher-conviction holdings.”

10. NextEra Energy, Inc. (NYSE:NEE)

Percent of Revenue Growth in Past One Year: 38.12%

Bridgewater Associates’ Q3 2023 Stake: $8.39 Million

Number of Hedge Fund Holders: 58

NextEra Energy, Inc. (NYSE:NEE) is a US energy company that makes and sells electric power from wind, solar, nuclear, coal, and natural gas sources. NextEra Energy, Inc. (NYSE:NEE) price has fallen by 28.78% year to date.

38.12% revenue growth over the 12 months ended September 2023 underscores why NextEra Energy, Inc. (NYSE:NEE) is one of the best growth stocks to buy, according to billionaire Ray Dalio’s Bridgewater Associates.

NextEra Energy, Inc. (NYSE:NEE) was highlighted in Carillon Tower Advisers‘ investor letter for the third quarter of 2023. The letter contained the following information:

“NextEra Energy, Inc. (NYSE:NEE) traded lower with all utilities during the third quarter as 10-year Treasury yields rose. Investors also began questioning the company’s ability to continue generating strong returns for its renewables development business.”

9. Lamb Weston Holdings, Inc. (NYSE: LW)

Percent of Revenue Growth in Past One Year: 38.91%

Bridgewater Associates’ Q3 2023 Stake: $45.64 Million

Number of Hedge Fund Holders: 46

Lamb Weston Holdings, Inc. (NYSE:LW) is a company that produces, distributes, and markets frozen potato products. Its product line includes frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston Brand. 

Lamb Weston Holdings, Inc. (NYSE:LW) is up by 12% for the year; its revenue for the 12 months ended August was up 38.91% year over year, affirming why it is one of the best growth stocks in Bridgewater Associates portfolio.

Here is what The London Company said about Lamb Weston Holdings, Inc. (NYSE:LW) in its third-quarter 2023 investor letter:

“Lamb Weston Holdings, Inc. (NYSE: LW) – LW underperformed after the company reported lower volumes and provided a cautious outlook. This sparked fears the industry could have too much capacity as volumes slow. However, management has been clear the majority of the lower volume for LW has been intentional by shedding lower margin contracts. On a positive note, the fry attachment rate remained high. We remain attracted to LW’s market share, pricing power, and industry tailwinds.”

8. Alkermes plc (NASDAQ:ALKS)

Percent of Revenue Growth in Past One Year: 40.56%

Bridgewater Associates’ Q3 2023 Stake: $921,557

Number of Hedge Fund Holders: 37

Alkermes plc (NASDAQ:ALKS) is a biopharmaceutical company that makes drugs for neuroscience and oncology patients in the U.S., Ireland, and other countries. Alkermes plc (NASDAQ:ALKS) has risen by 7.53% this year.

Alkermes plc (NASDAQ:ALKS)’s revenue was $1.59 billion for the twelve months ending on September 30, 2023, a 40.56% increase from last year.

7. Arista Networks, Inc. (NYSE:ANET)

Percent of Revenue Growth in Past One Year: 42.37%

Bridgewater Associates’ Q3 2023 Stake: $7.58 Million

Number of Hedge Fund Holders: 59

Arista Networks, Inc. (NYSE:ANET) is a high-growth technology company that develops, markets and sells cloud networking solutions. Its cloud networking solutions include flexible operating systems, network applications, and gigabit Ethernet switches and routers.

Amid growing demand for Arista Networks, Inc. (NYSE:ANET)’s cloud solutions, its revenue for the 12 months ended September 2023 was up 42.37%

6. Prologis Inc. (NYSE:PLD)

Percent of Revenue Growth in Past One Year: 43.40%

Bridgewater Associates’ Q3 2023 Stake: $1.09 Million 

Number of Hedge Fund Holders: 48

Prologis Inc. (NYSE:PLD) is one of Bridgewater Associates investment plays in the real estate sector. The company is a San Francisco-based real estate investment trust that makes and owns modern, high-quality properties. Prologis Inc. (NYSE:PLD) has about 1 billion square feet of warehouses and distribution centers for Amazon, Home Depot, and FedEx. 

Prologis Inc. (NYSE:PLD) is up by 4.4% for the year while trading with a price-to-earnings multiple of 37.88. Its revenue for the 12 months that ended September was up 43.40%. The hedge fund increased its stakes in Prologis Inc. (NYSE:PLD) by 15% in Q3 2023 to $1.09 million

Here is what Baron Real Estate Income Fund said about Prologis, Inc. (NYSE:PLD) in its Q2 2023 investor letter:

“The shares of Prologis, Inc., the world’s largest industrial REIT, declined in the third quarter of 2023 along with most REITs. We are big fans of CEO Hamid Moghadam and Prologis’ management team, and we remain optimistic about the company’s long-term growth outlook.

Prologis owns a high-quality real estate portfolio that is concentrated in major global trade markets and large population centers across the Americas, Europe, and Asia. Prologis has an unmatched global platform, strong competitive advantages (scale, data, and technology), and attractive embedded growth prospects. The company is the only industrial REIT with an A credit rating.

We continue to believe the appreciation potential for Prologis shares remains compelling given that the company’s rents on its in-place leases are more than 65% below current market rents, thus providing a strong runway for growth in the next three to five years.”

Click to continue reading and see 5 Best Growth Stocks to Buy According to Billionaire Ray Dalio’s Bridgewater Associates.

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Disclosure: None. 12 Best Growth Stocks to Buy According to Billionaire Ray Dalio’s Bridgewater Associates is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

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