<p>很少有公司能像 <strong>亚马逊</strong>(AMZN 3.18%) 一样，以庞大的用户基础和巨大的成功主导各自的行业。该业务赢得了投资者的青睐。过去几十年，其股价飙升了 10,130%，尽管最近从历史高点下跌了 8%（截至 11 月 22 日）。</p>
<p>亚马逊的市值高达 2.1 万亿美元，因此你可能会想知道这只 &#34;七大奇迹&#34; 股票是否仍然是一个好的机会。以下是考虑购买亚马逊的三个理由，仿佛没有明天。</p>
<h2>1. 亚马逊的持久力</h2>
<p>当一家公司拥有经济护城河时，这表明它是一家高质量的企业，能够抵御竞争。亚马逊拥有多项竞争优势，支持其成功。</p>
<p>这个在线市场将购物者、商家和广告商聚集在一起，随着其扩展，对所有利益相关者变得更加有价值。这创造了网络效应。</p>
<p>亚马逊经过多年的重投资，运营着一个庞大的物流网络，以增强其供应链能力。这使得该企业在向消费者运输产品时具有成本优势。</p>
<p>亚马逊提供的各种产品和服务意味着它与客户几乎有无限的接触点。因此，亚马逊拥有无与伦比的能力，不断收集大量数据，以指导战略决策。</p>
<p>如果你是一个长期投资者，旨在持有股票数年，那么关注那些拥有护城河的公司至关重要。这意味着该企业具有持久力，能够成功抵御竞争对手和新行业进入者，保护自己免受持续的颠覆威胁。</p>
<p>在这方面，亚马逊表现出色。领导团队已将公司定位良好，以便在长期内蓬勃发展，就像过去一样。</p>
<h2>2. 强大的增长驱动因素</h2>
<p>投资于受强大世俗趋势影响的公司是一种值得的策略，但并不常见的是，你能找到一家同时受益于多种趋势的企业。这正是亚马逊所做的。</p>
<p>众所周知，这家公司是电子商务领域的王者。美国在线销售中有高达 38% 发生在 amazon.com 上。这是一个巨大的领先优势，使公司处于有利位置，能够捕捉到电子商务行业销售的相当一部分增长。</p>
<p>任何人都很难与亚马逊在数百万商品上的快速和免费运输竞争。随着亚马逊 Haul 的最近推出，该公司进一步巩固了其满足注重价值的购物者及其需求的地位。</p>
<p>亚马逊网络服务（AWS）是全球云计算市场的领导者，通常是整体业务的关键增长和利润驱动因素。根据 Grand View Research 的数据，云市场预计在未来到 2030 年之间每年增长约 21%，最终将成为一个 2.4 万亿美元的行业。</p>
<p>这意味着，各种规模的公司在将 IT 支出从现场转移到外部的过程中，仍然有巨大的迁移空间。AWS 无疑处于一个绝佳的位置，可以在本十年继续快速增长。</p>
<h2>3. 估值和收益</h2>
<p>亚马逊不仅是全球最大的公司之一，也是表现最好的股票之一。然而，目前的估值仍然看起来合理。3.4 的市销率与过去 10 年的平均水平相符。</p>
<p>该股票的市盈率为 42.2。虽然看起来并不便宜，但考虑到亚马逊在 2024 年前九个月的稀释每股收益（EPS）同比增长了 94%。华尔街共识分析师预计，2024 年至 2026 年间，EPS 将以超过 21% 的复合年增长率上升。</p>
<p>鉴于令人印象深刻的底线轨迹，这一估值是合理的。这是另一个购买该股票的理由。</p>

亚马逊

<p>亚马逊（AMZN）展现了显著的增长，过去几十年股价上涨了 10,130%，尽管最近出现了 8% 的下跌。考虑购买亚马逊股票的三个理由包括其强大的竞争优势、电子商务和云计算领域的显著增长动力，以及合理的估值指标。亚马逊的经济护城河和多样化的产品供应使其在长期成功中处于良好位置。此外，其市销率与历史平均水平相符，预计的盈利增长也支持了股票的估值，使其成为一个有吸引力的投资机会</p>

<p>Very few companies have come to dominate their respective industries with a massive user base and tremendous success quite like <strong>Amazon</strong>(AMZN 3.18%). And the business has won over investors. Its shares have catapulted 10,130% higher in the past couple of decades, although they've taken a breather, recently down 8% from their all-time peak (as of Nov. 22).</p>
<div class="lb-trans"><p>很少有公司能像 <strong>亚马逊</strong>(AMZN 3.18%) 一样，以庞大的用户基础和巨大的成功主导各自的行业。该业务赢得了投资者的青睐。过去几十年，其股价飙升了 10,130%，尽管最近从历史高点下跌了 8%（截至 11 月 22 日）。</p>
</div><p>Amazon has a gargantuan $2.1 trillion market cap, so you might be wondering if this &#34;Magnificent Seven&#34; stock is still a good opportunity. Here are three reasons to consider buying Amazon like there's no tomorrow.</p>
<div class="lb-trans"><p>亚马逊的市值高达 2.1 万亿美元，因此你可能会想知道这只 &#34;七大奇迹&#34; 股票是否仍然是一个好的机会。以下是考虑购买亚马逊的三个理由，仿佛没有明天。</p>
</div><h2>1. Amazon's staying power</h2>
<div class="lb-trans"><h2>1. 亚马逊的持久力</h2>
</div><p>When a business has an economic moat, it's a sign of a high-quality enterprise that can defend itself from competition. Amazon has multiple competitive strengths that have supported its success.</p>
<div class="lb-trans"><p>当一家公司拥有经济护城河时，这表明它是一家高质量的企业，能够抵御竞争。亚马逊拥有多项竞争优势，支持其成功。</p>
</div><p>The online marketplace -- which brings together shoppers, merchants, and advertisers -- becomes more valuable to all stakeholders as it expands. This creates network effects.</p>
<div class="lb-trans"><p>这个在线市场将购物者、商家和广告商聚集在一起，随着其扩展，对所有利益相关者变得更加有价值。这创造了网络效应。</p>
</div><p>Amazon operates a colossal logistics network after years of heavy investment to bolster its supply-chain capabilities. This gives the business cost advantages when shipping products to consumers.</p>
<div class="lb-trans"><p>亚马逊经过多年的重投资，运营着一个庞大的物流网络，以增强其供应链能力。这使得该企业在向消费者运输产品时具有成本优势。</p>
</div><p>All of the various product and service lines Amazon offers means that it has virtually unlimited touch points with its customers. Consequently, Amazon has an unrivaled ability to constantly collect treasure troves of data that can inform strategic decisions.</p>
<div class="lb-trans"><p>亚马逊提供的各种产品和服务意味着它与客户几乎有无限的接触点。因此，亚马逊拥有无与伦比的能力，不断收集大量数据，以指导战略决策。</p>
</div><p>If you're a long-term investor who aims to buy and hold stocks for several years, it's critical to focus on companies that possess a moat. This means the business has staying power and the ability to successfully fend off rivals and new industry entrants, protecting itself from the ongoing threat of disruption.</p>
<div class="lb-trans"><p>如果你是一个长期投资者，旨在持有股票数年，那么关注那些拥有护城河的公司至关重要。这意味着该企业具有持久力，能够成功抵御竞争对手和新行业进入者，保护自己免受持续的颠覆威胁。</p>
</div><p>Amazon excels in this regard. The leadership team has positioned the company well to thrive over the long haul, just as it has done in the past.</p>
<div class="lb-trans"><p>在这方面，亚马逊表现出色。领导团队已将公司定位良好，以便在长期内蓬勃发展，就像过去一样。</p>
</div><h2>2. Powerful growth drivers</h2>
<div class="lb-trans"><h2>2. 强大的增长驱动因素</h2>
</div><p>Investing in companies that gain from powerful secular trends is a worthwhile strategy, but it's not often you can find a business that is riding multiple trends at the same time. This is precisely what Amazon is doing.</p>
<div class="lb-trans"><p>投资于受强大世俗趋势影响的公司是一种值得的策略，但并不常见的是，你能找到一家同时受益于多种趋势的企业。这正是亚马逊所做的。</p>
</div><p>Everybody knows that this company is the king of the e-commerce sector. A whopping 38% of online sales in the U.S. happen on amazon.com. That's a monster lead that puts the company in an advantageous position to capture a sizable chunk of the growth of the e-commerce industry's sales.</p>
<div class="lb-trans"><p>众所周知，这家公司是电子商务领域的王者。美国在线销售中有高达 38% 发生在 amazon.com 上。这是一个巨大的领先优势，使公司处于有利位置，能够捕捉到电子商务行业销售的相当一部分增长。</p>
</div><p>It's difficult for anyone to compete with Amazon's fast and free shipping on millions of items. And with the recent launch of Amazon Haul, the company is further strengthening its position to cater to value-conscious shoppers and their needs.</p>
<div class="lb-trans"><p>任何人都很难与亚马逊在数百万商品上的快速和免费运输竞争。随着亚马逊 Haul 的最近推出，该公司进一步巩固了其满足注重价值的购物者及其需求的地位。</p>
</div><p>Amazon Web Services (AWS) is the leader in the global cloud computing market and has typically been the key growth and profit driver for the overall business. According to Grand View Research, the cloud market is expected to grow about 21% annually between now and 2030, eventually becoming a $2.4 trillion industry.</p>
<div class="lb-trans"><p>亚马逊网络服务（AWS）是全球云计算市场的领导者，通常是整体业务的关键增长和利润驱动因素。根据 Grand View Research 的数据，云市场预计在未来到 2030 年之间每年增长约 21%，最终将成为一个 2.4 万亿美元的行业。</p>
</div><p>This means that there's still a huge migration left to happen for companies of all sizes to shift their IT spending from on-site to off-premises. AWS is undoubtedly in a wonderful position to continue growing rapidly through the rest of the decade.</p>
<div class="lb-trans"><p>这意味着，各种规模的公司在将 IT 支出从现场转移到外部的过程中，仍然有巨大的迁移空间。AWS 无疑处于一个绝佳的位置，可以在本十年继续快速增长。</p>
</div><h2>3. Valuation and earnings</h2>
<div class="lb-trans"><h2>3. 估值和收益</h2>
</div><p>Amazon is not only one of the world's largest companies, but it's also one of the best-performing stocks ever. However, the current valuation still looks reasonable. The price-to-sales ratio of 3.4 is in line with the trailing-10-year average.</p>
<div class="lb-trans"><p>亚马逊不仅是全球最大的公司之一，也是表现最好的股票之一。然而，目前的估值仍然看起来合理。3.4 的市销率与过去 10 年的平均水平相符。</p>
</div><p>The shares trade at a price-to-earnings multiple of 42.2. That doesn't look like a bargain, but consider that Amazon's diluted earnings per share (EPS) jumped 94% year over year in the first nine months of 2024. And Wall Street consensus analyst estimates call for EPS to rise at a compound annual rate of more than 21% between 2024 and 2026.</p>
<div class="lb-trans"><p>该股票的市盈率为 42.2。虽然看起来并不便宜，但考虑到亚马逊在 2024 年前九个月的稀释每股收益（EPS）同比增长了 94%。华尔街共识分析师预计，2024 年至 2026 年间，EPS 将以超过 21% 的复合年增长率上升。</p>
</div><p>Given the impressive bottom-line trajectory, the valuation is justified. This is another reason to scoop up the stock.</p>
<div class="lb-trans"><p>鉴于令人印象深刻的底线轨迹，这一估值是合理的。这是另一个购买该股票的理由。</p>
</div>

3 Reasons to Buy Amazon Stock Like There's No Tomorrow

- 亚马逊在电商和云计算领域占据主导地位，市场份额巨大。  
- 其强大的物流网络和多元化产品线为长期增长提供支持。  
- 当前估值合理，预计未来盈利将持续增长。