11 Cheap Growth Stocks to Buy Right Now

Page 10 of 10

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

On March 3, 2026, Morgan Stanley raised the price target on Reinsurance Group of America, Incorporated (NYSE:RGA) to $223 from $208 and maintained an Equal Weight rating. Morgan Stanley said the update comes as the firm revises price targets across its Insurance – Life/Annuity North America coverage. Morgan Stanley added that while exposure to private credit is not viewed as a concern for life insurers, valuation pressure could still emerge across the broader industry.

On February 25, 2026, Wells Fargo raised its price target on Reinsurance Group to $261 from $238 and maintained an Overweight rating. Wells Fargo said that after Q4 guidance from most companies, the firm is generally lowering EPS estimates as outlooks came in in line with or below consensus for much of the group. Wells Fargo also said it is rolling valuation methodologies to 2027 EPS and introducing new 2028E EPS estimates.

Earlier in February, Reinsurance Group reported Q4 adjusted EPS of $7.75 versus consensus of $5.75 and revenue of $6.64B compared with consensus of $6.34B. President and Chief Executive Officer Tony Cheng highlighted a “very strong fourth quarter,” citing positive contributions across most business segments and describing the results as evidence of the company’s diversified global platform.

Reinsurance Group of America, Incorporated (NYSE:RGA) provides life and health and asset-intensive reinsurance services across the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

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

READ NEXT: 12 Best Tech Stocks that Beat Earnings Estimates and 40 Most Popular Stocks Among Hedge Funds Heading Into 2026

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 10 of 10