6 ASX 200 shares smashing new 52-week highs on Wednesday

Technology is a dominant theme among the ASX stocks hitting 52-week highs today.

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S&P/ASX 200 Index (ASX: XJO) shares are in the red today, down 1.35% to 7,349 points.

However, a number of stocks have reached 52-week highs, and most of them are tech shares.

The S&P/ASX 200 Information Technology Index (ASX: XIJ) is the only market sector in the green today.

Let’s take a look at today’s star ASX 200 shares.

Which ASX 200 shares are creating price records today?

WiseTech Global Ltd (ASX: WTC)

ASX 200 tech giant WiseTech reached a new 52-week high of $87.41 today. This logistics software company continues to attract investors due to the popularity of its products. Its CargoWise One platform delivered revenue growth of 50% in the first half of FY23. As the largest of the tech shares on the ASX, Wisetech has also benefitted from a rally in overseas and Australian tech shares since early 2023.

Worley Ltd (ASX: WOR)

This ASX 200 industrial share has reset its 52-week high once again, reaching $17.55 today. The engineering company does a lot of consultancy work with major miners and appears to be riding a wave of cautious optimism in the resources sector in light of China’s intention to stimulate its economy.

Nextdc Ltd (ASX: NXT)

Data centre operator NextDC is another ASX 200 share hitting a 52-week high today at $13.23. Top broker Goldman Sachs thinks NextDC will benefit from the structural shift to the cloud and artificial intelligence (AI). The broker has a buy rating on NextDC and a 12-month price target of $14.96.

CSR Limited (ASX: CSR)

The ASX 200 building materials share reached a 52-week high of $5.82 today. CSR shares have had a strong consistent run since the company released its full-year results in May. CSR delivered a 17% increase in net profit after tax (NPAT) for the year ended 31 March, up 17% on the previous year.

Aristocrat Leisure Limited (ASX: ALL)

The Aristocrat share price has been steadily rising all year, up 31% in the year to date. The ASX 200 gaming tech share hit a new 52-week high of $40.38 today. Macquarie has an outperform rating on Aristocrat with a 12-month share price target of $46.50. Morgans has an add rating and a $45 price target.

Pro Medicus Limited (ASX: PME)

The Pro Medicus share price reached a new annual high of $71.60 today. The ASX 200 medical tech share began a strong run northwards in mid-June 2022 and has added 39% to its valuation since. Goldman Sachs recently upgraded its rating to buy with an improved share price target of $76.

Motley Fool contributor Bronwyn Allen has positions in Macquarie Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Macquarie Group, Pro Medicus, and WiseTech Global. The Motley Fool Australia has positions in and has recommended Macquarie Group and WiseTech Global. The Motley Fool Australia has recommended Pro Medicus. 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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