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The Magnum Ice Cream Company NV’s (NYSE:MICC) is one of the 10 Stocks Dominating With Powerful Gains.

Magnum saw its share prices jump by 10.92 percent on Friday to close at $16.66 apiece, as investors increased their exposure following news that it is being eyed for acquisition by several private equity firms.

A report by Reuters, citing sources privy to the matter, said that investment firms Blackstone and CD&R are among the companies planning to take over the giant ice cream maker, and that share price monitoring is underway before deciding whether to make a move.

A Magnum ice cream. Photo from Unilever Arabia

Reuters said that the companies are waiting for The Magnum Ice Cream Company NV’s (NYSE:MICC) summer sales report before making a decision.

Earlier this year, The Magnum Ice Cream Company NV (NYSE:MICC) reported solid sales growth in the first quarter of the year, with organic sales growth jumping by a faster pace of 4.5 percent, versus 3.8 percent in the same period last year, thanks to a healthy volume growth across three regions.

Revenues stood at €1.77 billion, dipping by 1.2 percent from the €1.792 billion in the same comparable period, primarily dragged by a 5.5 percent negative impact on foreign exchange.

The company also reaffirmed its sales growth outlook for full-year 2026 at 3 to 5 percent, albeit remaining cautious over the uncertainties in the Middle East.

It said that mitigation measures are being implemented, albeit direct regional exposure remains limited.

While we acknowledge the potential of MICC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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