13 Stocks to Buy According to Billionaire Ray Dalio’s Bridgewater Associates

9. Fortinet, Inc. (NASDAQ:FTNT)

Bridgewater Associates Stake: $335,572,618

Stock Performance Since Q2 2025: -18.47%

Number of Hedge Fund Holders: 46

Fortinet, Inc. (NASDAQ:FTNT) is one of the stocks to buy according to billionaire Ray Dalio’s Bridgewater Associates. On October 7, Fortinet, Inc. (NASDAQ:FTNT) expanded its partnership with Armis, where Armis Centrix will be integrated into the Fortinet Security Fabric through more than eight joint solutions. The company stated that the goal of the extended collaboration is to provide unified asset visibility, management, and automated policy enforcement. This will help organizations eliminate blind spots, detect and contain threats faster, and streamline their security operations.​

Armis’ technology brings deep contextual insights into network-connected assets and their risks. As such, Fortinet can offer targeted recommendations to secure vulnerable assets and automate the enforcement of protective measures.​ Both companies emphasize that this alliance addresses the complexity and fragmentation in cybersecurity tools. The result, they said, is a more cohesive and proactive approach to managing and securing digital infrastructure.​ The combined solution supports real-time risk assessment, faster incident response, and helps organizations comply with increasingly complex security requirements.​

Armis’ asset intelligence – which covers monitoring for more than 6.5 billion devices across IT, OT, IoT, and cloud – is now integrated with Fortinet’s core security offerings. This includes FortiGate, FortiNAC, and FortiManager.

Fortinet, Inc. (NASDAQ:FTNT) is a global cybersecurity company. It develops and sells network security appliances, endpoint protection, and cloud-based security solutions. Key products include the FortiGate firewalls, widely used by enterprises and governments.