Top 10 Income Stocks with the Highest Upside Potential

7. Verizon Communications Inc. (NYSE:VZ)

Analayt Upside Potential: 20.22%

On June 12, Freedom Broker initiated coverage of Verizon Communications Inc. (NYSE:VZ) with a Hold rating. It also set a $53 price target on the stock.

The firm said the US telecom and cable sector entered 2026 at a more advanced stage of the convergence cycle than many investors had expected just a few quarters earlier. It views T-Mobile (TMUS) as the strongest fundamental story in the sector, citing its spectrum position, EBITDA growth rate, FCF margin, and balance-sheet flexibility.

By comparison, the firm described Verizon as “a more execution-dependent convergence story.” The analyst noted that the company’s earnings inflection is “real,” but said revenue conversion continues to be delayed by amortization mechanics and bundle-discount headwinds.

Verizon Communications Inc. (NYSE:VZ) is a holding company that, through its subsidiaries, provides communications, technology, information, and streaming products and services to consumers, businesses, and government entities.