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

4. AAON, Inc. (NASDAQ:AAON)

Percent of Revenue Growth in Past One Year: 44.91%
Bridgewater Associates’ Q3 2023 Stake: $1.13 Million
Number of Hedge Fund Holders: 20

AAON, Inc. (NASDAQ:AAON) and its subsidiaries make and sell air conditioning and heating systems in the US and Canada. AAON, Inc. (NASDAQ:AAON) has three segments: AAON Oklahoma, AAON Coil Products, and BASX. The stock has risen by 30.97% this year and trades at price-to-earnings multiple of 31.87.

AAON, Inc. (NASDAQ:AAON)’s revenue was $1.12 billion for the twelve months ending on September 30, 2023, a 44.91% increase from last year.

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