11 Oversold Fundamentally Strong Stocks to Buy Right Now

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9. Brown & Brown, Inc. (NYSE:BRO)

5-year Revenue Growth: ~16%

5-year EPS Growth: ~15.4%

6-Month Decline: ~25.2%

Average Upside Potential: ~17.3%

Number of Hedge Fund Holders: 44

Brown & Brown, Inc. (NYSE:BRO) is one of the Oversold Fundamentally Strong Stocks to Buy Right Now. On January 8, Barclays analyst Alex Scott reduced the price target on the company’s stock to $83 from $84, while keeping an “Equal Weight” rating. Notably, the firm adjusted ratings and price objectives as part of the 2026 outlook for the broader North America property and casualty Insurance group.

As per the firm’s analyst, the pricing continues to soften throughout commercial and reinsurance, with personal lines looking relatively better, as well as brokers witnessing organic growth headwinds. The firm suggests staying selective.

On January 7, Goldman Sachs reduced the price objective on Brown & Brown, Inc. (NYSE:BRO)’s stock to $87 from $90, while keeping a “Neutral” rating. According to the sector note on Americas Insurance, the firm anticipates robust and fairly resilient insurer profitability over the upcoming few years.

That being said, it noted that there is a softening phase in the P&C insurance cycle, which results in higher capital supply and competition. This can lead to a deceleration in growth/pricing/margins, which remains broadly underappreciated in the Street estimates.

Brown & Brown, Inc. (NYSE:BRO) is engaged in marketing and selling insurance products and services.

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