Online employment classifieds platform SEEK Limited's (ASX: SEK) share price is not far off its all-time high, leaving many investors questioning whether they should be taking some profit.
The Seek share price has risen 29% from $16.69 this time last year to reach its $21.56 share price at the time of writing – hitting an all-time high of $22.63 on June 21.
Seek has maintained its strong market position this year, delivering EBITDA growth of 26% for the first half of FY18 with NPAT guidance at between $225 million and $230 million for FY18.
Citi has a sell rating on Seek shares right now, but many are holding the stock indefinitely given its long-term growth potential.
Digital advertising peer REA Group Limited (ASX: REA) shares also continue its incline, up 42% from its share price of $63.74 this time last year to $90.92 at the time of writing.
Shares in automotive-focused online seller Carsales.Com. Ltd (ASX: CAR) also hit a 52-week high on June 21 at $15.54.