Ray Dalio Stock Portfolio: 10 New Stock Picks

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1. Reddit Inc. (NYSE:RDDT)

Share Price Performance (Sep 30 – Jan 16): 0.44%

Bridgewater Associates Stake Value: $141.95 million

Number of Hedge Fund Holders: 80

Reddit Inc. (NYSE:RDDT) ranks among the 10 best new stocks to buy in Ray Dalio’s portfolio. On January 8, Cantor Fitzgerald began coverage of Reddit Inc. (NYSE:RDDT) with a Neutral rating and a $240 price target. The firm emphasized Reddit’s solid standing as a prominent digital media platform, with around 120 million daily active users, which includes over 50 million logged-in users who spend between 20 and 45 minutes on the platform each day.

According to analyst Deepak Mathivanan, Reddit’s “differentiated consumer value proposition, strong network effects, and highly valuable content corpus for the AI era,” along with its runway for enhanced monetization presents a key revenue growth driver over the next few years.

Meanwhile, Piper Sandler reaffirmed an Overweight rating on Reddit Inc. (NYSE:RDDT) and set a $290 price target on the company’s shares, citing strong upside potential from the company’s data licensing segment. The firm believes Reddit’s data licensing deals with Google and OpenAI are just scratching the surface, and that this section may generate $400 million in revenue by 2027.

Reddit Inc. (NYSE:RDDT) runs a digital community where users may join and establish communities of their choice, as well as engage with others who share similar interests.

While we acknowledge the potential of RDDT 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 RDDT and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

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