19/04/2024 09:20

WiseTech Global Ltd (WTC) $89.28

The cloud-based logistics software business is a quality business that delivered a stellar result in February and, encouragingly, the stock has since held the majority of its gains. This business continues to deliver for shareholders, driven by Founder and CEO Richard White, who still owns over 39% of the company. This is one of our favourite three tech stocks along with Xero (XRO) and CAR Group Ltd (CAR) – the latter is firmly in MM’s sights.

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12/04/2024 09:08

WiseTech Global Ltd (WTC) $89.28

Cloud-based logistics software business WTC is another quality business that delivered a stellar result earlier this year. This company continues to please the market, driven by Founder and CEO Richard White, who still owns over 39% of the business; that’s what you call skin in the game!

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23/02/2024 09:40

WiseTech Global Ltd (WTC) $86.94

Cloud-based logistics company WTC hit all-time highs this week after releasing an excellent result with a  2% beat at the revenue line and a Net Profit After Tax (NPAT) which was ~20% ahead of consensus. 

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21/02/2024 17:23

WiseTech Global (WTC) $88.75

WTC +11.15%: A great result from the logistics software company today starting at a 2% beat at the revenue line, however spades of operational leverage underpinned Net Profit After Tax (NPAT) that was 22% ahead of consensus.

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16/02/2024 08:59

WiseTech Global Ltd (WTC) $78.57

WTC rallied +4.8% on Thursday, posting fresh 6-month highs in the process. The last time the stock was reported, it was hammered following weaker-than-expected guidance, not great for a stock priced for growth. We wouldn’t buy WTC ahead of its result, but if it's “not too bad”, it could easily pop higher.

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19/01/2024 09:09

WiseTech Global (WTC) $71.69

Last year's disappointing result from WTC saw the stock fall -35% with weaker-than-expected guidance the issue, especially when combined with an expensive stock priced for growth. We believe WTC is a quality company, but its valuation remains a concern to MM, hence our neutral stance.

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10/11/2023 09:45

WiseTech Global Ltd (WTC) $61.94

WTC was the high-flying sector darling in August, but a disappointing result has seen the stock fall -35%, illustrating another example of the current market's brutal reaction to misses on any level.

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23/08/2023 17:05

WiseTech Global (WTC) $69.60

WTC-19.62%: Wisetech has been one of the market darlings through 2023 but today it plunged the most since 2020 after the software solutions company delivered weaker-than-expected guidance.

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17/08/2023 09:11

WiseTech Global Ltd (WTC) $84.40

Cloud-based logistics software solutions business has soared higher than we envisaged through 2023 but like many in the tech space, it can be a volatile beast at times and provide opportunities to those prepared to stand up into pullbacks -- WTC reports on the 23rd.

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07/07/2023 09:26

WiseTech Global (WTC) $77.49

WTC has already surged over +50% in 2023 as it enjoys a safety-like bid even as bond yields rose – over previous cycles the Growth/Tech Sector has struggled when interest rates rallied but not this time and as we often trot out “don’t fight the tape”.

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