12 Cheap New Stocks to Buy Now

5. Ryan Specialty Holdings Inc. (NYSE:RYAN)

Ryan Specialty Holdings Inc. (NYSE:RYAN) is one of the cheap new stocks to buy now. On February 12, Ryan Specialty reported financial results for 2025, marked by a total revenue increase of 21.3% to over $3.05 billion. For Q4, revenue grew 13.2% year-over-year to $751.2 million, supported by an organic revenue growth rate of 6.6%. While GAAP net income for the quarter decreased to $31.2 million, the company’s adjusted EBITDAC grew to $222.3 million. This performance represents the company’s seventh consecutive year of growing total revenue by 20% or more.

Ryan Specialty Holdings Inc.’s (NYSE:RYAN) growth strategy was heavily supported by its M&A activity, closing five high-quality acquisitions in 2025 that are expected to contribute over $125 million in annualized revenue. This inorganic expansion particularly supported the Underwriting Management specialty, which saw a 34.2% increase in commissions and fees for Q4.

To further drive long-term efficiency, Ryan Specialty announced the ‘Empower Program,’ which is a three-year restructuring initiative starting in 2026. This program is designed to streamline operations across brokerage and underwriting through technology and data optimization, with an expected cumulative charge of $160 million and projected annual savings of $80 million by 2029.

Ryan Specialty Holdings Inc. (NYSE:RYAN) operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the US, Canada, the UK, the rest of Europe, India, Singapore, and internationally.