3 ASX 200 stocks rocketing to never-before-seen heights today

Own these stocks? If so, your investment has never been worth more.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

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, what's been going right for the trio lately? Let's take a look.

Woman looks amazed and shocked as she looks at her laptop.

Image source: Getty Images

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 – a new record.

Interestingly, there's 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.

That's 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 – 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.

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.

More on Record Highs

A piggy bank on the cloud in the blue sky symbolising a record high share price.
Record Highs

Macquarie shares hit another record high. Has the rally gone too far?

Another record high has pushed this stock into focus.

Read more »

A person trying to step over a crack.
Record Highs

BHP shares hit a record high this week. Is the rally about to crack?

BHP shares are cooling after a huge run this year.

Read more »

Three happy industrial engineers analysing the share price.
Record Highs

This ASX stock just hit a record high. Here's why investors are buying

Investors are backing this ASX stock’s growing pipeline.

Read more »

Machinery at a mine site.
Record Highs

Rio Tinto shares hit fresh all-time high. Can they keep going?

The miner's shares have continued rallying higher on Thursday.

Read more »

Happy miner with his hand in the air.
Resources Shares

BHP shares just hit a new all-time high. Here's why

The Big Australian has a big new share price to match it.

Read more »

Sport trainer talking to little girl who is climbing wooden ladder in gym.
Record Highs

This ASX rocket just hit a record high. Here's why investors are still buying

SKS shares are flying after a contract and funding update.

Read more »

A beautiful ocean vista is shown with a woman whose back is to the camera holding her arms up in triumph as she stands at the top of a rock feeling thrilled that ASX 200 shares are reaching multi-year high prices today
52-Week Highs

4 top ASX 200 shares including Rio Tinto and Macquarie notching new 52-week plus highs today

Investors just sent Rio Tinto, Macquarie and these two ASX 200 shares to new multi-year highs. But why?

Read more »

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Record Highs

Up nearly 300% in a year, this ASX stock just hit another record high

SKS shares climb again, pushing to fresh new highs after months of gains.

Read more »