<p><strong>特斯拉</strong>(TSLA -4.43%) 在过去几个月的表现非常波动。</p>
<p>这家电动车制造商的股票在 11 月特朗普当选总统后飙升，因为首席执行官埃隆·马斯克在竞选期间与特朗普紧密合作。投资者似乎相信，得到总统的支持将为公司带来胜利。</p>
<p>然而，自从特朗普就职以来，马斯克因裁员和政府效率部 (DOGE) 实施的成本削减以及他其他的政治言论而成为争议的焦点。现在，有证据表明这可能影响特斯拉的业务。1 月份，特斯拉在欧洲的注册量（销售的替代指标）下降了 45%，而整体电动车销售却增长了 37%。</p>
<p>从下面的图表可以看出，选举后几周内，特斯拉的股票几乎翻了一番，但此后几乎全部回吐了这些涨幅。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/1d431d5a3fff9283aafd9566eb3ea22d.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/1d431d5a3fff9283aafd9566eb3ea22d.png"/></p>
<p>TSLA 数据来源于 YCharts</p>
<p>对于寻找人工智能 (AI) 股票的投资者来说，还有更好的选择。继续阅读以了解其中两个。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MDk0MTIvYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2UtYWktcm9ib3QtYmlnLWRhdGEtYnVsbC1tYXJrZXQtc3RvY2stY2hhcnQtZ2V0dHkuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MDk0MTIvYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2UtYWktcm9ib3QtYmlnLWRhdGEtYnVsbC1tYXJrZXQtc3RvY2stY2hhcnQtZ2V0dHkuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>1. The Trade Desk</h2>
<p><strong>The Trade Desk</strong>(TTD 0.64%) 在过去十多年里一直是顶尖的广告技术公司。它是领先的独立需求方平台 (DSP)，意味着它帮助广告代理商和品牌优化广告活动，并且公司越来越依赖人工智能来创新和改善其平台。</p>
<p>The Trade Desk 的新人工智能平台 Kokai 使用深度学习算法分布在购买过程中，并利用每秒超过 1300 万次广告展示的数据。</p>
<p>The Trade Desk 在其最近的财报中承认在 Kokai 的推出中出现了一些失误，因为公司未能达到自己的收入指引，导致股价暴跌。推出的速度比预期慢，但预计今年将把所有客户从其之前的平台 Solimar 转换到 Kokai。</p>
<p>与此同时，The Trade Desk 股票的抛售为投资提供了良好的买入机会，因为其股价现在比秋季的高点下跌了近 50%。尽管第四季度的业绩令人失望，但公司仍在快速增长，收入增长 22% 至 7.41 亿美元，调整后的每股收益增长 44% 至 0.59 美元。凭借这样的增长和新的人工智能创新增强其竞争优势，股票在 2025 年剩余时间内应该能够反弹。</p>
<h2>2. 微软</h2>
<p>另一只以折扣价交易的稳健人工智能股票是 <strong>微软</strong>(MSFT 0.03%)。这家科技巨头因与 OpenAI 的合作而被视为人工智能的早期赢家，但在初期激增后，股价落后于大盘。实际上，过去一年股价下跌，因为微软面临对其不断增长的资本支出的怀疑，其估值看起来也有些高企。</p>
<p>然而，随着股价现在比高点下跌近 20%，而公司持续交出稳健的增长，股票现在的市盈率为 31.5，价格看起来更合理，仅比 <strong>标准普尔 500</strong> 略贵。</p>
<p>与此同时，微软继续实现稳定增长，其竞争优势显而易见。它比任何其他大型科技公司都更具多样性，拥有 Windows、Office 生产力软件套件、Teams 和 Dynamics 等各种软件程序、Xbox 游戏、LinkedIn 社交媒体业务和 GitHub 代码库等业务。更不用说 Azure 云基础设施业务，它支撑着其智能云部门，该部门在最近一个季度增长了 19%，是微软增长最快的部门。</p>
<p>微软的整体收入增长了 12%，营业收入增长了 17%，这应该能平息对缺乏增长的担忧。同时，无论人工智能的发展方向如何，微软似乎都准备好利用这一增长，因为它有多个不同的业务可以从中受益。它是 OpenAI 的紧密合作伙伴，并推出了包括 Copilot 在内的多个人工智能工具，同时也是新 Stargate 项目的合作伙伴，该项目提议在人工智能基础设施上投资高达 5000 亿美元。</p>
<p>如果人工智能革命能够实现投资者的期望，微软几乎肯定会成为赢家。</p>

特斯拉

2 倍做多特斯拉 ETF - Direxion

<p>特斯拉的股票波动显著，尽管整体电动车销售上升，但在欧洲的注册量却下降了 45%。投资者现在正在考虑两只人工智能股票：The Trade Desk，尽管最近收入未达预期，但其 AI 平台 Kokai 正在进行创新；以及微软，当前交易价格折扣，且在其多元化业务领域持续展现出稳健的增长。这两家公司都处于有利位置，能够从持续的人工智能革命中受益，使它们成为特斯拉的有吸引力的替代选择</p>

<p><strong>Tesla</strong>(TSLA -4.43%) has been a wild ride over the last few months.</p>
<div class="lb-trans"><p><strong>特斯拉</strong>(TSLA -4.43%) 在过去几个月的表现非常波动。</p>
</div><p>Shares of the electric vehicle (EV) maker soared following the election of President Donald Trump in November as CEO Elon Musk closely aligned himself with Trump during the campaign. Investors seemed to believe that having a friendly ear from the president would translate into a win for the company.</p>
<div class="lb-trans"><p>这家电动车制造商的股票在 11 月特朗普当选总统后飙升，因为首席执行官埃隆·马斯克在竞选期间与特朗普紧密合作。投资者似乎相信，得到总统的支持将为公司带来胜利。</p>
</div><p>However, since the inauguration, Musk has proven himself to be a lightning rod for controversy, due to the layoffs and cost cuts that the Department of Government Efficiency (DOGE) is issuing and his other political statements. Now, there is evidence that could be affecting Tesla's business. January registrations, a proxy for sales, for Tesla in Europe dropped 45% even as overall EV sales were up 37%.</p>
<div class="lb-trans"><p>然而，自从特朗普就职以来，马斯克因裁员和政府效率部 (DOGE) 实施的成本削减以及他其他的政治言论而成为争议的焦点。现在，有证据表明这可能影响特斯拉的业务。1 月份，特斯拉在欧洲的注册量（销售的替代指标）下降了 45%，而整体电动车销售却增长了 37%。</p>
</div><p>As you can see from the chart below, the stock nearly doubled in the weeks after the election, though it has since given up nearly all of those gains.</p>
<div class="lb-trans"><p>从下面的图表可以看出，选举后几周内，特斯拉的股票几乎翻了一番，但此后几乎全部回吐了这些涨幅。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/1d431d5a3fff9283aafd9566eb3ea22d.png" alt="" original-src="https://media.ycharts.com/charts/1d431d5a3fff9283aafd9566eb3ea22d.png"/></p>
<p>TSLA data by YCharts</p>
<div class="lb-trans"><p>TSLA 数据来源于 YCharts</p>
</div><p>For investors looking for artificial intelligence (AI) stocks, better options are available. Keep reading to see two of them.</p>
<div class="lb-trans"><p>对于寻找人工智能 (AI) 股票的投资者来说，还有更好的选择。继续阅读以了解其中两个。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MDk0MTIvYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2UtYWktcm9ib3QtYmlnLWRhdGEtYnVsbC1tYXJrZXQtc3RvY2stY2hhcnQtZ2V0dHkuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F809412%2Fartificial-intelligence-ai-robot-big-data-bull-market-stock-chart-getty.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>1. The Trade Desk</h2>
<div class="lb-trans"><h2>1. The Trade Desk</h2>
</div><p><strong>The Trade Desk</strong>(TTD 0.64%) has been a top adtech company for over a decade. It's the leading independent demand-side platform (DSP), meaning it helps ad agencies and brands optimize their ad campaigns, and the company is increasingly leaning on AI to innovate and improve its platform.</p>
<div class="lb-trans"><p><strong>The Trade Desk</strong>(TTD 0.64%) 在过去十多年里一直是顶尖的广告技术公司。它是领先的独立需求方平台 (DSP)，意味着它帮助广告代理商和品牌优化广告活动，并且公司越来越依赖人工智能来创新和改善其平台。</p>
</div><p>The Trade Desk's new AI platform, Kokai, uses deep learning algorithms distributed across the buying process, and uses data from more than 13 million advertising impressions every second.</p>
<div class="lb-trans"><p>The Trade Desk 的新人工智能平台 Kokai 使用深度学习算法分布在购买过程中，并利用每秒超过 1300 万次广告展示的数据。</p>
</div><p>The Trade Desk acknowledged some missteps with its rollout of Kokai in its recent earnings report, as the stock plunged after the company missed its own revenue guidance. The rollout has been slower than anticipated, but it expects to convert all its customers from Solimar, its previous platform, to Kokai this year.</p>
<div class="lb-trans"><p>The Trade Desk 在其最近的财报中承认在 Kokai 的推出中出现了一些失误，因为公司未能达到自己的收入指引，导致股价暴跌。推出的速度比预期慢，但预计今年将把所有客户从其之前的平台 Solimar 转换到 Kokai。</p>
</div><p>Meanwhile, the sell-off in The Trade Desk stock sets up a good buying opportunity as shares are now down nearly 50% from their peak in the fall. While the fourth-quarter results were disappointing, the company is still growing rapidly with revenue up 22% to $741 million and adjusted earnings per share up 44% to $0.59. With that kind of growth and new AI innovations strengthening its competitive advantages, the stock should be able to rebound over the rest of 2025.</p>
<div class="lb-trans"><p>与此同时，The Trade Desk 股票的抛售为投资提供了良好的买入机会，因为其股价现在比秋季的高点下跌了近 50%。尽管第四季度的业绩令人失望，但公司仍在快速增长，收入增长 22% 至 7.41 亿美元，调整后的每股收益增长 44% 至 0.59 美元。凭借这样的增长和新的人工智能创新增强其竞争优势，股票在 2025 年剩余时间内应该能够反弹。</p>
</div><h2>2. Microsoft</h2>
<div class="lb-trans"><h2>2. 微软</h2>
</div><p>Another rock-solid AI stock trading at a discount is <strong>Microsoft</strong>(MSFT 0.03%). The tech giant was regarded as an early winner in AI due to its partnership with OpenAI, but after an initial surge, the stock has lagged the broader market. In fact, the stock is down over the past year as Microsoft has faced skepticism over its growing capital expenditures, and its valuation had been looking stretched.</p>
<div class="lb-trans"><p>另一只以折扣价交易的稳健人工智能股票是 <strong>微软</strong>(MSFT 0.03%)。这家科技巨头因与 OpenAI 的合作而被视为人工智能的早期赢家，但在初期激增后，股价落后于大盘。实际上，过去一年股价下跌，因为微软面临对其不断增长的资本支出的怀疑，其估值看起来也有些高企。</p>
</div><p>However, with the stock now down nearly 20% from its peak and the company continuing to deliver solid growth quarter in and quarter out, the stock now looks more reasonably priced at a price-to-earnings ratio of 31.5, just modestly more expensive than the <strong>S&amp;P 500</strong>.</p>
<div class="lb-trans"><p>然而，随着股价现在比高点下跌近 20%，而公司持续交出稳健的增长，股票现在的市盈率为 31.5，价格看起来更合理，仅比 <strong>标准普尔 500</strong> 略贵。</p>
</div><p>Meanwhile, Microsoft continues to deliver steady growth and its competitive advantages are self-evident. It's more diversified than any other big tech company, with businesses like Windows, the Office productivity software suite, and a wide range of software programs like Teams and Dynamics, games with Xbox, its LinkedIn social media business, and GitHub coding repository. Not to mention the Azure cloud infrastructure business, which anchors its Intelligent Cloud segment, which grew 19% in the most recent quarter and is Microsoft's fastest-growing segment.</p>
<div class="lb-trans"><p>与此同时，微软继续实现稳定增长，其竞争优势显而易见。它比任何其他大型科技公司都更具多样性，拥有 Windows、Office 生产力软件套件、Teams 和 Dynamics 等各种软件程序、Xbox 游戏、LinkedIn 社交媒体业务和 GitHub 代码库等业务。更不用说 Azure 云基础设施业务，它支撑着其智能云部门，该部门在最近一个季度增长了 19%，是微软增长最快的部门。</p>
</div><p>Microsoft's overall revenue rose 12% and operating income rose 17%, which should quell concerns about a lack of growth. Meanwhile, Microsoft seems poised to capitalize on growth in AI no matter what direction it goes as it has several different businesses that can benefit from it. It's a close partner of OpenAI and has launched several of its own AI tools including Copilot, and it's a partner in the new Stargate Project, which proposes to spend up to $500 billion on AI infrastructure.</p>
<div class="lb-trans"><p>微软的整体收入增长了 12%，营业收入增长了 17%，这应该能平息对缺乏增长的担忧。同时，无论人工智能的发展方向如何，微软似乎都准备好利用这一增长，因为它有多个不同的业务可以从中受益。它是 OpenAI 的紧密合作伙伴，并推出了包括 Copilot 在内的多个人工智能工具，同时也是新 Stargate 项目的合作伙伴，该项目提议在人工智能基础设施上投资高达 5000 亿美元。</p>
</div><p>If the AI revolution lives up to investor hopes, Microsoft will almost certainly be a winner.</p>
<div class="lb-trans"><p>如果人工智能革命能够实现投资者的期望，微软几乎肯定会成为赢家。</p>
</div>

Should You Forget Tesla and Buy 2 Artificial Intelligence (AI) Stocks Right Now?

- 特斯拉股价在特朗普当选后大幅上涨，但因裁员和政治争议下跌。  
- 1 月在欧洲的注册量下降 45%，而整体电动车销售增长 37%。  
- 其他 AI 股票如 The Trade Desk 和微软显示出更好的投资机会。  

你是否应该忘记特斯拉并立即购买两只人工智能（AI）股票？