In this article, we will discuss the 13 Best Depressed Stocks to Buy Right Now.
As per Oppenheimer Asset Management, the 2026 outlook is bullish, thanks to a disciplined approach to the US economy and equities. For the 3rd consecutive year, the firm expects stocks stateside to witness a broadening of the strong rally that started in late 2022 after markets were significantly oversold because of recession fears.
The firm believes that positive fundamentals, such as monetary policy, fiscal stimulus, resilient earnings, and innovation, are supportive of growth in the year ahead.
What’s Next?
Against the economic and interest rate backdrop, Oppenheimer Asset Management anticipates corporate revenues and earnings to witness growth over the course of 2026. According to the firm, the S&P 500 earnings are expected to reach $305 per share, exhibiting a rise from $275 in 2025. Considering its assumption of a P/E multiple of 26.5x positions the year-end price target for the S&P 500 at 8,100. This reflects a growth of ~15% compared to the closing level at the end of 2025.
The broader markets reached new highs in 2025, according to Oppenheimer Asset Management, with AI-related capex spending driving growth while trade war concerns eased. In 2026, the firm believes that investors will need to contend with increased valuations, sticky inflation, and softening of the labor market.
Amidst such trends, we will now have a look at the 13 Best Depressed Stocks to Buy Right Now.
Our Methodology
To list the 13 Best Depressed Stocks to Buy Right Now, we used a screener to shortlist the stocks that trade very close to their respective 52-week lows. Finally, we selected the stocks popular among hedge funds, as of Q3 2025. The stocks are arranged in an ascending order of their hedge fund sentiments.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Note: All the data is as of January 12
13 Best Depressed Stocks to Buy Right Now
13. Ryan Specialty Holdings, Inc. (NYSE:RYAN)
Market Price: $50.75
52-week Low: $49.93
Number of Hedge Fund Holders: 26
Ryan Specialty Holdings, Inc. (NYSE:RYAN) is one of the Best Depressed Stocks to Buy Right Now. On January 14, Cantor Fitzgerald reduced the firm’s price objective on the company’s stock to $52 from $63, while maintaining a “Neutral” rating, as reported by The Fly. Notably, the initial positive stance on insurance brokers seems to be premature and overly optimistic. This is because near-term fundamentals are expected to deteriorate before they improve.
Elsewhere, on January 8, Barclays reduced the firm’s price objective on the company’s stock to $58 from $65, while keeping an “Overweight” rating, as reported by The Fly. Notably, the firm adjusted its ratings and price targets with regard to its 2026 outlook for the broader North America property and casualty Insurance group.
The analyst opines that pricing continues to soften throughout commercial and reinsurance, while personal lines appear comparatively better, and brokers witness organic growth headwinds. The firm suggests staying selective.
Ryan Specialty Holdings, Inc. (NYSE:RYAN) operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers.
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