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WiseTech Global Ltd (ASX: WTC) was founded in 1994 by Richard White to provide software to the logistics sector. Since then it has grown to become a global provider of logistics software, claiming to service 19 of the top 20 logistics companies globally. WiseTech makes money by charging its customers on a ‘per use’ basis rather than as a subscription model. Meaning, WiseTech directly benefits as its customers grow their businesses.
In America there are the FAANG stocks (Facebook, Apple, Amazon, Netflix and Google), here in Oz we have the WAAAX stocks. Are these stocks seriously expensive?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.44% at lunch.
Technology ASX shares have a strong advantage compared to many other industries when it comes to growing profit.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.84% at lunch.
WiseTech Global Ltd (ASX:WTC) has released its FY19 results this morning, reporting high growth in revenue and profit. Here’s what you need to know.
The WiseTech Global Limited (ASX:WTC) share price is being crunched, down 9% at the time of writing. Is the WiseTech share price about to unravel?
In this article I hope to give a brief overview of the ‘WAAAX’ ASX technology stocks. WAAAX stands for WiseTech (ASX:WTC), Altium (ASX:ALU), Afterpay (ASX:APT), Appen (ASX:APX) and Xero (ASX:XRO).
There is a strong possibility that the US Federal Reserve may decide to cut interest rates this month or next month.
About five months ago, I wrote an article saying that Breville Group Ltd (ASX: BRG) shares might represent good value. Now, I think they may have gone too far.
