Here are Billionaire Ray Dalio’s Top Tech Stock Picks

#3 Symantec Corporation (NASDAQ:SYMC)

Shares held (as of September 30): 1.29 million
Total Value (as of September 30): $25.05 million
Percent of Portfolio (as of September 30): 0.34%

Ray Dalio’s fund increased its holding in Symantec Corporation (NASDAQ:SYMC) by an astonishing 1,548% from June 30 to September 30. Several analysts are bullish on the software security maker, as three analysts have ‘Buy’ ratings and twelve have ‘Hold’ ratings. The analysts have a consensus price target of $24.93 between them, giving shares over 25% upside from present levels. Given the forward P/E of 12.1 and dividend yield of 3%, shares look attractive.

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#2 Alphabet Inc (NASDAQ:GOOGL)

Shares held (as of September 30): 40,226
Total Value (as of September 30): $25.68 million
Percent of Portfolio (as of September 30): 0.34%

Bridgewater raised its stake in Alphabet Inc (NASDAQ:GOOGL) by 89% in the third quarter to 40,226 shares. Alphabet’s cash cow, Google, has become more practical under new CEO Sundar Pichai. Under Pichai’s guidance, Google plans to fuse its Chrome OS and Android operating systems into one, making the world’s largest computing platform even more extensive. Google is also trying to make Android more uniform so programmers make apps for Android first rather than for the iPhone. In addition, Google is trying to go back into China, where more than 600 million internet users live. The shares trade at a reasonable 21 times forward earnings.

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