15 Best Stocks to Buy According to Billionaire Ray Dalio

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11. Oracle Corporation (NYSE:ORCL)

Bridgewater Associates’ Stake: $365 Million

Oracle Corporation (NYSE:ORCL) is one of the favorite stocks of Ray Dalio. His hedge fund, Bridgewater Associates, has owned a stake in the company since the fourth quarter of 2010. Back then, the position consisted of just under a million shares. This holding stayed relatively constant till late 2019, when it was sold off completely. A new position was then opened in the fourth quarter of 2024. In three of the coming four quarters, Dalio added to the stake, growing it by 555%, 21%, and 361%, with the latest addition coming in the fourth quarter of 2025. At the end of the fourth quarter of 2025, the fund owned nearly 2 million shares in Oracle.

Oracle Corporation (NYSE:ORCL) is popular among elite hedge funds because it has transitioned from just a legacy software name into a high conviction AI infrastructure play. Several reasons provide evidence for this assertion. Two big deals have made headlines, one of them being a partnership to host workloads for OpenAI. Hedge funds have viewed this as a stamp of approval that validates Oracle Cloud Infrastructure as being technically superior, or more cost-effective, for large-scale training than even Azure or AWS. Oracle was also among the first to deploy NVIDIA Blackwell and Rubin architectures at scale, allowing it to capture overflow demand from AI startups that cannot get capacity elsewhere.

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