12 Cheap New Stocks to Buy Now

4. Corebridge Financial Inc. (NYSE:CRBG)

Corebridge Financial Inc. (NYSE:CRBG) is one of the cheap new stocks to buy now. On February 9, Corebridge Financial reported a significant operational milestone in 2025, delivering a record $41.7 billion in total premiums and deposits, which was a 4% increase over the previous year. This growth was led by the Institutional Markets and Individual Retirement segments, with the former seeing a 28% surge in Q4 deposits driven by new pension risk transfer business.

Despite a GAAP net loss of $366 million for the full year, the company’s adjusted after-tax operating income totaled $2.4 billion, or $4.42 per share. The company’s core sources of income, which include base spread, fee income, and underwriting margins, reached $6.1 billion for the year. Individual Retirement remained a key profit driver, contributing $455 million in adjusted pre-tax operating income in Q4 alone, supported by higher base spreads despite a shifting interest rate environment.

Corebridge Financial Inc. (NYSE:CRBG) also strengthened its capital position, maintaining a Life Fleet RBC ratio between 430% and 440%, well above regulatory targets. Holding company liquidity ended the year at a healthy $2.3 billion, providing significant flexibility for the company’s aggressive capital management strategy. The CEO expressed confidence in the firm’s hard-to-replicate competitive advantages and a commitment to creating sustained value through its diverse distribution network and powerhouse product suite heading into 2026.

Corebridge Financial Inc. (NYSE:CRBG) provides retirement solutions and insurance products in the US. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments.