15 Best Defensive Stocks Amid Market Volatility

5. T-Mobile US Inc. (NASDAQ:TMUS)

Beta: 0.64

Number of Hedge Fund Holders: 70

T-Mobile US, Inc. (NASDAQ:TMUS) is a leading telecommunications provider known for its aggressive expansion strategy and customer-centric approach. Following its merger with Sprint, T-Mobile has strengthened its position in the U.S. wireless market, offering competitive pricing and 5G network leadership.

Around March 18, JP Morgan analyst Sebastiano Petti reaffirmed a Buy rating on T-Mobile US (NASDAQ:TMUS) with a price target of $270, citing strong medium-term financial guidance. The company is expected to achieve a 7% compound annual growth rate (CAGR) in EBITDA and an 8% CAGR in free cash flow through 2027, driven by continued gains in postpaid phone market share across key segments, including the Top 100 markets, SMRA, and Enterprise sectors.

The analyst also highlighted T-Mobile’s ambitious capital return program. The company aims to return up to $50 billion by 2027, with $20 billion in flexible spending, thus enhancing the stock’s appeal. He also highlighted the company’s ability to sustain substantial postpaid phone net additions, with stable expectations for 2025, reinforcing his bullish outlook on the stock.