Abbott LaboratoriesStrong sales growth in CGM, oncology diagnostics, and electrophysiology, plus new product launches.
Abbott Laboratories is leaning into three of healthcare's most durable innovation themes: continuous glucose monitoring, oncology diagnostics and advanced cardiovascular treatment. Continuous glucose monitoring sales exceeded $2 billion in the second quarter of 2026 and grew 9.5% on a comparable basis, supported by the scale and adoption of FreeStyle Libre. Cancer Diagnostics sales totaled $919 million in the second quarter and grew 13.3% on a comparable basis, while Electrophysiology grew 13.4% on a comparable basis. The company also secured CE Mark for Libre Duo, a dual glucose-ketone wearable sensor, and expects Volt PFA, TactiFlex Duo, Amulet 360 and coronary intravascular lithotripsy launches to broaden its cardiovascular opportunity over the next 12 months. Abbott currently carries a Zacks Rank #3 (Hold), along with a VGM Score of C, a Growth Score of C, and a Momentum Score of A.
Abbott LaboratoriesStrong sales growth in CGM, oncology diagnostics, and electrophysiology, plus new product launches.
DexCom IncAbbott's CGM sales growth and new Libre Duo sensor intensify competition for DexCom.
Medtronic PLCAbbott's cardiovascular device launches (Volt PFA, etc.) may compete with Medtronic, but no direct mention.