Company News for Sep 2, 2026

  • Medtronic plc’s (MDT) shares rose 1.5% after the company reported first quarter fiscal 2027 revenues of $9,756 million, surpassing the Zacks Consensus Estimate of $9,470.48 million.
  • Shares of MiniMed Group Inc. (MMED) jumped 10.7% after the company posted first-quarter fiscal 2027 revenues of $843 million, outpacing the Zacks Consensus Estimate of $828 million.
  • Shares of NIO Inc. (NIO) tumbled 4% after reporting second-quarter fiscal 2026 revenues of $4,736.39 million, missing the Zacks Consensus Estimate of $4,780.55 million.
  • Apple Inc. (AAPL) shares gained 2.6% after its former senior vice president of hardware engineering John Ternus became the new CEO, succeeding Tim Cook after 15 years.

Research Chief Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

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Apple Inc. (AAPL) : Free Stock Analysis Report

Medtronic PLC (MDT) : Free Stock Analysis Report

NIO Inc. (NIO) : Free Stock Analysis Report

MiniMed Group, Inc. (MMED) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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