Sell Amazon as Jeff Bezos Steps Down? 4 Reasons You Shouldn't
Despite posting blowout earnings last week, Amazon (NASDAQ: AMZN) slipped a bit after its fourth-quarter earnings report. Of course, the price action wasn't surprising, considering both Amazon's huge run over the past year and the announced retirement of founder and CEO Jeff Bezos.
Bezos is in the running for the greatest CEO of all time, growing Amazon from an idea to a $1.7 trillion behemoth in just 26 years. It's no wonder that investors are a little nervous about him leaving the top spot.
Still, I'm not worried at all, and will comfortably continue to hold my Amazon shares. Here are four reasons why.
Source Fool.com