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Wisetech Global Ltd (WTC) $51.49

WTC caught my attention yesterday as it led the line for the tech names rallying over 3% to fresh September highs. The stock looks to have finished an understandable “rest” after exploding higher post its FY21 result in August which showed revenue had increased 18% to well over $500m while guidance was exceptional. While WTC is highly priced, the momentum in earnings has led to momentum in the share price and we can now see another 20% upside into Christmas from this success story of 2021.

WTC
MM is bullish WTC initially looking for fresh highs
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Wisetech Global (WTC)
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