Billionaire Ray Dalio's Former Hedge Fund Is Buying These 3 Top Dividend Stocks. Should You?
Savvy investors often look to billionaire portfolios for quality dividend stock ideas. Ray Dalio, founder of Bridgewater Associates, has a stellar reputation for spotting promising investments. Despite Dalio's retirement in 2022, his influence remains evident in the hedge fund's recent moves.
In the second quarter of 2024, Bridgewater Associates purchased shares of three tier 1 dividend stocks: ExxonMobil (NYSE: XOM), (NYSE: MDT), and Microsoft (NASDAQ: MSFT). Let's examine each of these stocks to determine if they deserve a place in your dividend portfolio.
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Source Fool.com