Shares of Amazon (NASDAQ: AMZN) have soared nearly 70% over the past 12 months, extending its 250% gain over the past five years. After that big rally, some investors might be wondering if it’s finally time to sell the stock. However, many of the bearish arguments against Amazon simply don’t make much sense for long-term investors. Let’s examine three such flawed arguments — and why you shouldn’t sell Amazon based on those fears.
1. Brexit