WTC News: Returns At WiseTech Global (ASX:WTC) Appear To Be Weighed Down - 24th Apr 2024, 10:26am

[annb0t]

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. That's why when we briefly looked at WiseTech Global's (ASX:WTC) ROCE trend, we w...

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