In this article, we will list the 5 Best Growth Stocks to Buy According to Billionaire Ray Dalio’s Bridgewater Associates. Please visit 10 Best Growth Stocks to Buy According to Billionaire Ray Dalio’s Bridgewater Associates if you would like to see the extended list and the methodology behind it.
5. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Expected Five-Year Earnings Growth: 62.52%
Number of Hedge Fund Holders: 134
Bridgewater Associates Equity Stake: $262.98 Million
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the best growth stocks to buy, according to billionaire Ray Dalio’s Bridgewater Associates. On June 16, Advanced Micro Devices, Inc. (NASDAQ:AMD) and Rackspace Technology (NASDAQ:RXT) finalized a binding agreement for the phased deployment of 30 MW of AMD‑based compute across Rackspace’s global data centers, beginning in late 2026 through 2028.
The deal builds on a May 7 memorandum of understanding and covers AMD Instinct GPUs, including MI355X and MI350P models, along with AMD EPYC CPUs, integrated into an Enterprise AI Cloud architecture.
Targeting regulated industries such as healthcare, the collaboration will jointly pursue enterprise customers and accelerate delivery of four capabilities: Enterprise AI Cloud, Enterprise Inference Engine, Inference as a Service, and Bare Metal AMD Instinct.
Executives emphasized the need for governed AI infrastructure, with Rackspace CEO Gajen Kandiah highlighting accountability and AMD’s Dan McNamara stressing openness and scalability. Deployment authorizations and certain commercial terms, including pricing and financing, remain subject to finalization.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is a multinational semiconductor company that designs high-performance processors, graphics cards, and adaptive computing technologies. Its chips power everything from everyday consumer laptops to massive cloud data centers and artificial intelligence (AI) systems.
4. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Expected Five-Year Earnings Growth: 32.47%
Number of Hedge Fund Holders: 234
Bridgewater Associates Equity Stake: $363.99 Million
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the best growth stocks to buy, according to billionaire Ray Dalio’s Bridgewater Associates. On June 9, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was in the spotlight amid reports that Taiwan authorities are reportedly considering imposing tight export controls on AI chip sales to China.
AI chip restrictions on China would represent the boldest move by President Lai Ching-te’s government to safeguard Taiwan’s technology sector and national security. The restrictions are part of a broader trade negotiation with the US. In addition, the restrictions would give Taiwan the much-needed legal tools for prosecuting unauthorized AI chip exports to China.
The deliberations come amid growing concerns that advanced hardware, including AI servers, is being shipped from Taiwan to China. The Trump administration has already moved to close a loophole that Chinese entities used to gain access to advanced chips. Likewise, US legislators are urging authorities to directly address a practice by Chinese firms of ordering custom-designed chips from contract manufacturers such as Taiwan Semiconductor Manufacturing.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest contract chip manufacturer. It operates on a “pure-play foundry” model, meaning it exclusively fabricates silicon microchips designed by other tech giants rather than designing its own products.
3. Broadcom Inc. (NASDAQ:AVGO)
Expected Five-Year Earnings Growth: 55.85%
Number of Hedge Fund Holders: 173
Bridgewater Associates Equity Stake: $568.07 Million
Broadcom Inc. (NASDAQ:AVGO) is one of the best growth stocks to buy, according to billionaire Ray Dalio’s Bridgewater Associates. On June 11, Broadcom Inc. (NASDAQ:AVGO) commenced a cash tender offer for the purchase of up to $2.5 billion of its outstanding senior notes.
The company is to purchase notes with maturities ranging from 2030 to 2038 with outstanding totals of $9.4 billion across six series. The 4.926% notes due 2037 have the highest acceptance priority, with $2.5 billion outstanding. The repurchase is part of the company’s broader debt management strategy.
Meanwhile, Citi has reiterated Broadcom as its top chip stock as the company sits at the center of the critical data center demand, accounting for 34% of total semiconductor demand. According to the research firm, the segment continues to show exceptional strength due to the expansion of artificial intelligence infrastructure and the emergence of server CPUs. It also expects the company to capitalize on the emergence of server CPUs optimized for agentic applications.
Broadcom Inc. (NASDAQ:AVGO) is a global technology leader that designs, develops, and supplies a vast range of semiconductor devices and infrastructure software. Its hardware and software products power the world’s data centers, enterprise networks, smartphones, and broadband systems.
2. NVIDIA Corporation (NASDAQ:NVDA)
Expected Five-Year Earnings Growth: 45.51%
Number of Hedge Fund Holders: 275
Bridgewater Associates Equity Stake: $818.46 Million
NVIDIA Corporation (NASDAQ:NVDA) is one of the best growth stocks to buy, according to billionaire Ray Dalio’s Bridgewater Associates. On June 11, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) is one of the anchor investors in a new company with more than $10 billion in committed capital to finance AI buildout.
Helix Digital Infrastructure is the company in which the US chip giant has invested, in partnership with the Kuwait Investment Authority and Vistra. The company is also open to adding additional investors once founding commitments are closed. The AI-focused company will be led by former Amazon Web Services CEO Adam Selipsky.
NVIDIA is tasked with helping Helix with the much-needed expertise in designing and building artificial intelligence data centers. Vistra is tasked with providing the much-needed power to run the data centers.
On the other hand, S&P Global Ratings has raised NVIDIA’s long-term issuer credit rating to AA from AA-, buoyed by strong demand for artificial intelligence systems. According to the ratings firm, the company has a competitive advantage and strong prospects for generating massive cash flow.
NVIDIA Corporation (NASDAQ:NVDA) is a global technology company that designs specialized chips, hardware, and software powering the artificial intelligence (AI) boom. They are the driving force behind modern AI, PC gaming, self-driving cars, and virtual 3D simulation platforms.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Expected Five-Year Earnings Growth: 21.61%
Number of Hedge Fund Holders: 353
Bridgewater Associates Equity Stake: $914.04 Million
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best growth stocks to buy, according to billionaire Ray Dalio’s Bridgewater Associates. On June 11, Amazon.com, Inc. (NASDAQ:AMZN) announced the full rollout of Alexa+, its generative AI-powered assistant, across Canada. Prime members can access it at no extra cost, while non-Prime users pay $27.99 CAD per month. The service supports both English and French and is available on enabled devices, browsers, and the Alexa app.
Amazon reported strong adoption, with Canadians engaging twice as much compared to the previous version. Smart home usage rose 60%, recipe requests increased fivefold, and French-language interactions surpassed 450 million in the past year. Canadians now engage with Alexa over half a billion times monthly and stream more than 50 million hours of music through Echo devices.
Alexa+ integrates with local services like CBC, OpenTable, and Fodors, with upcoming additions including Yelp, Uber Eats, Suno, and TripAdvisor. It can manage smart homes, book restaurants, plan trips, and search products online.
Developed with contributions from Amazon’s Toronto and Vancouver tech hubs, Alexa+ uses multiple large language models to deliver real-time, AI-driven experiences. The expansion reflects Amazon’s vision of embedding AI into everyday life, offering Canadians a seamless, multilingual assistant that enhances convenience and productivity.
Meanwhile, Amazon has secured a $17.5 billion loan from lenders, including Citibank, to ramp up its artificial intelligence infrastructure. The delayed draw term loan facility enables the company to withdraw funds as needed rather than receive the entire amount at once. It builds on the company filing a five-part debt offering in Canada, through which it will access C$14 billion in financing.
Amazon.com, Inc. (NASDAQ:AMZN) is a massive technology and e-commerce company. It is best known for its global online retail marketplace, but it also dominates cloud computing, digital streaming, artificial intelligence, and consumer electronics.
While we acknowledge the potential of AMZN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 10 Most Profitable Industrial Stocks to Buy Now and 12 Most Promising Growth Stocks to Buy Now.
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