On Thursday, shares in the global logistics software solutions company closed the day down 0.08%, trading for $119.94 apiece.

This sees the WiseTech share price up an impressive 60% since plumbing to one-year closing lows of $74.83 on 4 April. And it serves as a useful reminder to keep a close eye on quality stocks that have been heavily sold down.

With 334.62 million shares outstanding, Thursday's closing price gives WiseTech a commanding market cap of $40.13 billion.

But on the heels of that huge rally, are WiseTech shares still a good buy today?

Should I buy the ASX 200 tech stock today?

Morgans' Damien Nguyen recently reviewed the growth outlook for WiseTech shares (courtesy of The Bull).

"WTC is a global logistics software provider with a strong growth outlook," said Nguyen, who has a buy recommendation on the ASX 200 tech stock.

"Given increasing demand for smarter, more efficient freight solutions, WiseTech is well positioned to benefit," he noted.

"We believe the share price will continue to grind higher over coming years, driven by WTC's superior supply chain software and expanding global reach," Nguyen added.

"Furthermore, the company's consistent profitability, expanding international footprint and strong product adoption make it a compelling buy for long-term investors," he concluded.

Atop the potential for share price growth, WiseTech shares also trade on a modest 0.17% unfranked trailing dividend yield.

What's been happening with WiseTech shares?

The ASX 200 tech stock captured investor attention, and gained 4.7%, on 26 May after announcing a binding agreement to acquire United States-based E2open (NYSE: ETWO) for US$2.1 billion.

"Acquiring e2open is a strategically significant step in achieving our expanded vision to be the operating system for global trade and logistics," WiseTech founder Richard White said on the day.

White added:

E2open brings to WiseTech several well established complementary products. This will enable WiseTech to create a multi-sided marketplace that connects all trade and logistics stakeholders to efficiently offer and acquire services, removing complex disconnected processes and driving visibility, predictability and cost savings through the value chain…

In bringing the two companies together, we see tremendous opportunity for synergies, efficiencies, economies of scale and enhanced customer benefits, which unlocks the potential in e2open's suite of products.

The ASX 200 tech stock is in the process of finalising the deal, which importantly is not subject to E2open shareholder approval.

The post Up 60% since April, why this $40 billion ASX 200 tech stock remains a 'compelling buy' today appeared first on The Motley Fool Australia.

In morning trade, the logistics solutions company's shares are up over 5% to $105.72.

Why is the WiseTech share price rising?

The catalyst for this rise has been the announcement of a major acquisition this morning.

According to the release, WiseTech has entered into a binding agreement to acquire U.S.-based E2open (NYSE: ETWO) for US$2.1 billion (A$3.25 billion).

E2open is a leading provider of SaaS-based solutions in the global logistics value chain.

It provides a connected supply chain software platform that enables companies to transform the way they make, move, and sell goods and services. The cloud-based e2open platform connects more than 500,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 18 billion transactions annually.

Management believes E2open will create a strategically significant change in global scale and reach for WiseTech, adding adjacent markets, customer bases, and product capabilities. This will allow WiseTech to create a global, multi-sided, trade and logistics marketplace.

The company is funding the deal with a new syndicated debt facility via a lender group comprised of a well-diversified mix of leading domestic and international banks.

Pleasingly, WiseTech Global highlights that the deal has attractive financial metrics and is expected to be earnings per share accretive in year one.

'A strategically significant step'

WiseTech Global's founder, executive chair and chief innovation officer, Richard White, was pleased with the blockbuster agreement. He said:

Acquiring e2open is a strategically significant step in achieving our expanded vision to be the operating system for global trade and logistics. E2open brings to WiseTech several well established complementary products. This will enable WiseTech to create a multi-sided marketplace that connects all trade and logistics stakeholders to efficiently offer and acquire services, removing complex disconnected processes and driving visibility, predictability and cost savings through the value chain.

E2open also expands WiseTech's product capabilities with an experienced team of people with industry expertise and innovative product development skills that will further accelerate our organic growth capability. In bringing the two companies together, we see tremendous opportunity for synergies, efficiencies, economies of scale and enhanced customer benefits, which unlocks the potential in e2open's suite of products. This is a great deal for WiseTech's business and e2open's shareholders, for all our customers, the industry and ultimately the end consumer.

The deal is not subject to e2open shareholder approval but is to customary conditions precedent. This includes applicable regulatory approvals. But if all goes to plan, it is expected to complete in the first half of 2026.

The post WiseTech share price storms higher on $3.25b blockbuster acquisition appeared first on The Motley Fool Australia.

Will the market be able to build on this on Friday and end the week on a high? Here are five things to watch:

ASX 200 expected to fall

The Australian share market looks set to fall on Friday despite a strong night in the United States. According to the latest SPI futures, the ASX 200 is expected to open 29 points or 0.35% lower this morning. On Wall Street, the Dow Jones was up 0.2%, the S&P 500 rose 0.6%, and the Nasdaq charged 1.5% higher.

Oil prices rise

ASX 200 energy shares Santos Ltd (ASX: STO) and Karoon Energy Ltd (ASX: KAR) could have a good session after oil prices rose overnight. According to Bloomberg, the WTI crude oil price is up 1.4% to US$59.02 a barrel and the Brent crude oil price is up 1.35% to US$61.89 a barrel. This was driven by news that US President Trump is placing new sanctions on Iran.

Buy Woolworths shares

The Woolworths Group Ltd (ASX: WOW) share price could be good value according to analysts at Goldman Sachs. In response to the retail giant's quarterly update, the broker has reaffirmed its buy rating with an improved price target of $36.50. It said: "WOW is trading at FY26 P/E of ~23.8x vs historical avg since 2018 of ~24.2x with GSe forecast FY25-27e EPS CAGR of ~21.6%. We continue to believe that WOW has a strategic advantage in omni-channel and digital assets, and refocusing on productivity under stabilised leadership should be positive in improving returns."

Gold price drops

ASX 200 gold shares including Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could have a tough finish to the week after the gold price dropped to a two-week low. According to CNBC, the gold futures price is down 2.1% to US$3,247.3 an ounce. Trade war optimism reduced demand for safe haven assets.

WiseTech acquisition

WiseTech Global Ltd (ASX: WTC) shares will be on watch today after the company confirmed that it is looking to make a major acquisition. The logistics solution is in discussions with US based e2open (NYSE: ETWO), but it warns that they "are indicative and there is no certainty that a transaction will result and, if a transaction does result, when or on what terms such a transaction may occur." A price of $3.5 billion has been touted by Goldman Sachs.

The post 5 things to watch on the ASX 200 on Friday appeared first on The Motley Fool Australia.