Top 5 Stock Picks of Ray Dalio

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In this article, we discuss the top 5 stock picks of Ray Dalio. If you want to read our detailed analysis of these stocks, go directly to the Top 10 Stock Picks of Ray Dalio

5. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 61

The Coca-Cola Company (NYSE:KO) makes and sells non-alcoholic beverages. The hedge fund of Ray Dalio entered the fourth quarter of 2021 with more than 8.3 million shares of the company in the portfolio worth more than $439 million. 

On December 13, investment advisory JPMorgan upgraded The Coca-Cola Company (NYSE:KO) stock to Overweight from Neutral and raised the price target to $63 from $59. Analyst Andrea Teixeira issued the ratings update. 

Among the hedge funds being tracked by Insider Monkey, Nebraska-based firm Berkshire Hathaway is a leading shareholder in The Coca-Cola Company (NYSE:KO) with 400 million shares worth more than $20 billion. 

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