The S&P/ASX 200 Index (ASX: XJO) is in the green on Tuesday, thanks in part to three stocks each soaring to new all-time record highs.
So, whatâs been going right for the trio lately? Letâs take a look.
3 ASX 200 shares reaching record highs on Tuesday
First up is logistics-focused software developer WiseTech Global Ltd (ASX: WTC). The ASX 200 tech stock launched 1.9% to a high of $74.34 today â a new record.
Interestingly, thereâs been no news from the company in the last couple of months. The last time the market saw a price-sensitive update from WiseTech was back in February.
Thatâs when it dropped its first-half earnings, detailing a 35% lift in revenue and a 40% underlying net profit after tax (NPAT). It also boosted its interim dividend by 39% to 6.6 cents per share.
Joining the stock in posting a new record high is its ASX 200 peer TechnologyOne Ltd (ASX: TNE). The TechnologyOne share price peaked at $15.86 earlier today â marking a 3.5% increase.
The latest news from the software-as-a-service (SaaS) provider came far more recently. Indeed, its first-half earnings were published this morning.
It posted a 22% jump in revenue, a 24% improvement in post-tax profit, and a 10% increase in its interim dividend, with 4.62 cents per share pledged to investors.
Finally, bringing in the biggest gain was stock in ASX 200 biopharmaceutical company Telix Pharmaceuticals Ltd (ASX: TLX). It surged 5% to an all-time high of $12.05 on Tuesday.
The company was added to the ASX 200 in February 2022. That same year it launched its lead product, Illuccix, in the United States.
More recently, it revealed positive results from a study of its TLX250-CDx product and announced its acquisition of AI-powered platform Dedicaid.
The post 3 ASX 200 stocks rocketing to never-before-seen heights today appeared first on The Motley Fool Australia.
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More reading
- Guess which ASX 200 tech share just hiked its dividend 10%
- TechnologyOne share price charges higher amid strong half-year growth
- 5 things to watch on the ASX 200 on Tuesday
- Here are the top 10 ASX 200 shares today
- Analysts say these ASX 200 growth shares are top buys right now
Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Technology One and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool Australia has recommended Technology One. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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