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ASX Top 200 Stocks Down Under 10 October 2022: WiseTech (ASX:WTC)
WiseTech: Expensive for a reason
If you’d bought WiseTech at its 2016 IPO, you’d have a hefty return with a share price surge from $3.35 to $55.90 now. It has even been able to defy the Tech Wreck of 2022, sitting in slightly positive territory in the last 12 months while the ASX All Technology Index has lost over 30%. We think it is because it has been in the right space at the right time.
Click here to read the previous edition of ASX Top 200 Stocks Down Under published 3 October 2022.