20 Best Low Volatility Stocks to Buy According to Analysts

Page 16 of 20

5. Verizon Communications Inc. (NYSE:VZ)

Analyst Upside: 16.57%

Beta Value: 0.36

Number of Hedge Fund Holders: 65

Verizon Communications Inc. (NYSE:VZ) ranks among the best low volatility stocks to buy according to analysts. With a $47 price target and an Equalweight rating, Morgan Stanley resumed covering Verizon Communications Inc. (NYSE:VZ) on July 10. As the company is trading at a minor discount to its peer group, the firm believes that VZ shares have a balanced risk-reward profile at current prices. This is in line with Morgan Stanley’s projected adjusted EBITDA growth rate of 2-3%.

The firm presented a bull case price target of $54, which would represent the advantages of faster expansion in the broadband and consumer wireless segments. In this scenario, adjusted EBITDA growth could reach 3-3.5% annually, potentially enabling Verizon Communications Inc. (NYSE:VZ) shares to close the valuation gap with AT&T.

Verizon Communications Inc. (NYSE:VZ) is a leading provider of technology, entertainment, and communication services worldwide. The company offers a range of services through its operational divisions, such as digital TV, high-speed internet, and 5G and 4G wireless connectivity.

Page 16 of 20