Headwinds For Telecom Stocks: T-Mobile (TMUS) & Verizon (VZ)

<p>"Wireless should still outperform given its cyclical defensive nature. I like T-Mobile (TMUS) stock into the print with the possibility of upside phone adds and prospects of a buyback in 2022. I also see a potential downside bias at Verizon (VZ) as they could be losing consumer phones despite aggressive offers," says Gregory Williams. Cowen has an outperform rating on the Verizon (VZ) stock with a $71 price target. </p><p><br></p>