10 Best Affordable Stocks to Invest In for the Long Term

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1. Reinsurance Group of America, Incorporated (NYSE:RGA)

Forward P/E: 7.51

On February 25, Wells Fargo raised the firm’s price target on Reinsurance Group of America, Incorporated (NYSE:RGA) to $261 from $238 and maintained an Overweight rating, while rolling forward its valuation framework to incorporate 2027 EPS and introducing new 2028 earnings estimates. Although industry guidance was generally in line with or modestly below consensus, the firm continues to view RGA favorably within the life insurance and reinsurance space.

Similarly, on February 6, Piper Sandler raised its price target on Reinsurance Group of America, Incorporated (NYSE:RGA) to $263 from $230 and reiterated an Overweight rating. On the same day, Barclays increased its price target to $245 from $237 following the fourth-quarter report, also maintaining an Overweight rating. The company’s results were characterized by improved mortality experience and solid growth across geographic regions, reflecting disciplined underwriting and effective risk management.

Reinsurance Group of America, Incorporated (NYSE:RGA) was founded in 1973 and is headquartered in Chesterfield, Missouri. The company operates as a global life and health reinsurer, providing risk management, capital solutions, and underwriting expertise across mortality, morbidity, and longevity exposures. Its diversified global platform and improving underwriting trends reinforce its capacity to generate consistent returns and long-term shareholder value.

While we acknowledge the potential of RGA as one of the best affordable stocks to invest in for the long term, 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 RGA and that has 100x upside potential, check out our report about this cheapest AI stock.

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