<p><strong>标准普尔 500 指数</strong> 追踪美国最大公司的股票表现，多个十年来其年均收益率约为 10%。这表现相当不错，对于那些购买了跟踪该指数的交易所交易基金（ETF）的人来说，15 年内投资回报超过五倍。</p>
<p>不过，一些个别股票的表现要好得多。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjA5NTMvZ2V0dHktY291cGxlLWVtYnJhY2luZy1vdXRkb29ycy1pbi1hLWNpdHkuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="466" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjA5NTMvZ2V0dHktY291cGxlLWVtYnJhY2luZy1vdXRkb29ycy1pbi1hLWNpdHkuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<p>在下面的表格中，您会看到标准普尔 500 指数在过去 15 年中的增长速度远快于其长期 10% 的平均水平。这种超常表现部分归因于其一些成分股的惊人年均收益，包括一些可能被称为 “怪兽股票” 的公司，它们实现了惊人的业绩。</p>
<table>
<thead>
<tr>
<th>年均回报</th>
</tr>
</thead>
<tbody>
<tr>
<td>股票</td>
</tr>
<tr>
<td>---</td>
</tr>
<tr>
<td><strong>SPDR 标准普尔 500 ETF</strong>(SPY 0.13%)</td>
</tr>
<tr>
<td><strong>英伟达</strong>(NVDA 0.72%)</td>
</tr>
<tr>
<td><strong>直觉外科</strong>(ISRG -5.58%)</td>
</tr>
<tr>
<td><strong>微软</strong>(MSFT 0.48%)</td>
</tr>
</tbody>
</table>
<p>数据来源：Morningstar.com，截至 2025 年 6 月 6 日。</p>
<p>这些回报并不保证会持续。许多快速增长的公司在发展成为大型公司后，其增长率会放缓。但少数公司能够保持这种超常增长。以下是三家具有这种潜力的公司及其可能值得您购买和/或继续持有的原因。</p>
<h2>1. 英伟达</h2>
<p>英伟达最初是为视频游戏行业制造半导体芯片的公司，但在过去十年中扩大了其业务范围。进入芯片设计的副业旨在支持加密货币挖矿，导致开发出现在推动人工智能（AI）繁荣的芯片和软件，并为数据中心生产大量芯片——足以成为全球领先的云计算数据中心图形处理单元供应商。</p>
<p>数据中心已取代游戏成为英伟达的重点，该公司在 2026 财年第一季度从数据中心业务中获得了 390 亿美元的收入——占总收入的 89%。更好的是，首席执行官黄仁勋预测，未来几年人工智能基础设施支出可能超过 1 万亿美元，他认为英伟达将占据大部分市场。</p>
<p>尽管过去几年表现惊人，但英伟达的股票在近期水平上似乎并没有被严重高估。例如，其近期的前瞻市盈率（P/E）为 33，远低于五年平均的 40。考虑购买英伟达以持有 10 年或更长时间，以利用这一预测增长。</p>
<h2>2. 直觉外科</h2>
<p>直觉外科是另一只强劲的股票表现者，尽管最近的估值不如英伟达吸引人。其前瞻市盈率最近为 72，远高于五年平均的 56（这也算高）。因此，在这些水平上购买前请三思，并寻找逢低买入的机会。但如果您已经持有该股票，您可能想要继续持有。</p>
<p>直觉外科是机器人手术设备的领导者。其在 71 个国家安装了超过 8600 台价值超过百万美元的达芬奇机器人手术系统。它们已被用于执行超过 1400 万次医疗程序。</p>
<p>我是股东，我会继续持有，因为我预计公司将继续销售和安装手术系统，并从中获得利润。值得注意的是，直觉外科 84% 的收入并非来自系统本身，而是来自对设备的服务、耗材和配件的可靠重复销售。</p>
<h2>3. 微软</h2>
<p>微软是一家科技巨头，许多增长业务为其稳定增长做出了贡献。它拥有主导的 Office 365 应用套件、Azure 云计算平台、Xbox 游戏平台、Windows 操作系统，甚至还有面向商业的社交媒体巨头 LinkedIn 等多个业务。</p>
<p>微软规模庞大（市值约为 3.5 万亿美元），但仍在以相当快的速度增长，其近期的增长在很大程度上归因于其与人工智能相关的业务。在 2025 财年的第三季度，收入同比增长 13%，净收入增长 18%。其智能云部门增长 21%。公司产生的现金超过其用于增长的需求，因此向股东支付了最近收益率为 0.71% 的股息。（这可能看起来不多，但由于股价表现强劲，收益率被压低，而股息也在快速增长——从 2020 年的每股 2.09 美元增长到目前的每股 3.24 美元。）</p>
<p>尽管股价表现强劲，但其股票的估值仍然具有吸引力，最近的前瞻市盈率为 31，仅略高于五年平均的 30。考虑到稳定的增长，该股票在未来十年及更长时间内似乎值得继续持有。</p>

<p>这篇文章讨论了三只在未来十年值得持有的 “怪兽股票”：英伟达、直觉外科和微软。英伟达作为人工智能和数据中心芯片的领导者，展现出强劲的增长潜力，其市盈率低于五年平均水平。尽管直觉外科的估值较高，但在机器人手术领域仍然占据主导地位，并且拥有可观的经常性收入。微软作为一家多元化运营的科技巨头，正在经历稳定的增长，尤其是在人工智能领域。标准普尔 500 指数的年均收益率为 10%，但这些股票的表现优于大盘，使其成为有吸引力的长期投资</p>

<p>The <strong>S&amp;P 500</strong> index tracks the stock performance of America's biggest companies, and it has averaged annual gains of roughly 10% over multiple decades. That's pretty darn good performance, enough to more than quintuple an investment over 15 years for those who purchased exchange-traded funds (ETFs) mirroring the index.</p>
<div class="lb-trans"><p><strong>标准普尔 500 指数</strong> 追踪美国最大公司的股票表现，多个十年来其年均收益率约为 10%。这表现相当不错，对于那些购买了跟踪该指数的交易所交易基金（ETF）的人来说，15 年内投资回报超过五倍。</p>
</div><p>Some individual stocks, though, have done better than that -- much better.</p>
<div class="lb-trans"><p>不过，一些个别股票的表现要好得多。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjA5NTMvZ2V0dHktY291cGxlLWVtYnJhY2luZy1vdXRkb29ycy1pbi1hLWNpdHkuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F820953%2Fgetty-couple-embracing-outdoors-in-a-city.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><p>In the table below, you'll see that the S&amp;P 500 has been growing at a much faster rate over the past 15 years compared to its long-term 10% average. That outsized performance is due, in part, to the eye-popping average annual gains of some of its components, including what some might label as monster stocks, that have managed monster performances.</p>
<div class="lb-trans"><p>在下面的表格中，您会看到标准普尔 500 指数在过去 15 年中的增长速度远快于其长期 10% 的平均水平。这种超常表现部分归因于其一些成分股的惊人年均收益，包括一些可能被称为 “怪兽股票” 的公司，它们实现了惊人的业绩。</p>
</div><table>
<thead>
<tr>
<th>Average Annual Return</th>
</tr>
</thead>
<tbody>
<tr>
<td>Stock</td>
</tr>
<tr>
<td>---</td>
</tr>
<tr>
<td><strong>SPDR S&amp;P 500 ETF</strong>(SPY 0.13%)</td>
</tr>
<tr>
<td><strong>Nvidia</strong>(NVDA 0.72%)</td>
</tr>
<tr>
<td><strong>Intuitive Surgical</strong>(ISRG -5.58%)</td>
</tr>
<tr>
<td><strong>Microsoft</strong>(MSFT 0.48%)</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>年均回报</th>
</tr>
</thead>
<tbody>
<tr>
<td>股票</td>
</tr>
<tr>
<td>---</td>
</tr>
<tr>
<td><strong>SPDR 标准普尔 500 ETF</strong>(SPY 0.13%)</td>
</tr>
<tr>
<td><strong>英伟达</strong>(NVDA 0.72%)</td>
</tr>
<tr>
<td><strong>直觉外科</strong>(ISRG -5.58%)</td>
</tr>
<tr>
<td><strong>微软</strong>(MSFT 0.48%)</td>
</tr>
</tbody>
</table>
</div><p>Data source: Morningstar.com as of June 6, 2025.</p>
<div class="lb-trans"><p>数据来源：Morningstar.com，截至 2025 年 6 月 6 日。</p>
</div><p>These kinds of returns are not guaranteed to continue. Many dynamically growing companies see their growth rates slow as they become massive companies. But a select few manage to keep up that outsized growth. Here's a closer look at three companies with this potential and some reasons why you might want to buy and/or keep holding any of them.</p>
<div class="lb-trans"><p>这些回报并不保证会持续。许多快速增长的公司在发展成为大型公司后，其增长率会放缓。但少数公司能够保持这种超常增长。以下是三家具有这种潜力的公司及其可能值得您购买和/或继续持有的原因。</p>
</div><h2>1. Nvidia</h2>
<div class="lb-trans"><h2>1. 英伟达</h2>
</div><p>Nvidia got its start as a maker of semiconductor chips for the videogame industry, but it has expanded its scope in the past decade. A side hustle into chip design catered to aid cryptocurrency mining has led to the development of chips and software that are now fueling the artificial intelligence (AI) boom, and it is churning out gobs of chips for data centers -- enough to be the world's leading supplier of graphics processing units for the data centers used in cloud computing.</p>
<div class="lb-trans"><p>英伟达最初是为视频游戏行业制造半导体芯片的公司，但在过去十年中扩大了其业务范围。进入芯片设计的副业旨在支持加密货币挖矿，导致开发出现在推动人工智能（AI）繁荣的芯片和软件，并为数据中心生产大量芯片——足以成为全球领先的云计算数据中心图形处理单元供应商。</p>
</div><p>Data centers have replaced gaming as Nvidia's focus, and the company raked in $39 billion in revenue in fiscal 2026's first quarter from its data center business -- fully 89% of total revenue. Better still, CEO Jensen Huang forecasts that AI infrastructure spending could top $1 <em>trillion</em> annually within a few years, and he sees Nvidia capturing most of that business.</p>
<div class="lb-trans"><p>数据中心已取代游戏成为英伟达的重点，该公司在 2026 财年第一季度从数据中心业务中获得了 390 亿美元的收入——占总收入的 89%。更好的是，首席执行官黄仁勋预测，未来几年人工智能基础设施支出可能超过 1 万亿美元，他认为英伟达将占据大部分市场。</p>
</div><p>Despite the monster performance over the past several years, Nvidia stock doesn't appear to be wildly overvalued at recent levels. Its recent forward-looking price-to-earnings (P/E) ratio of 33, for example, is well below the five-year average of 40. Consider buying Nvidia to hold for the next 10 years or more to take advantage of this forecasted growth.</p>
<div class="lb-trans"><p>尽管过去几年表现惊人，但英伟达的股票在近期水平上似乎并没有被严重高估。例如，其近期的前瞻市盈率（P/E）为 33，远低于五年平均的 40。考虑购买英伟达以持有 10 年或更长时间，以利用这一预测增长。</p>
</div><h2>2. Intuitive Surgical</h2>
<div class="lb-trans"><h2>2. 直觉外科</h2>
</div><p>Intuitive Surgical is another strong stock performer, though it's not as attractively valued as Nvidia lately. Its forward P/E was recently at a steep 72, well above the five-year average of 56 (which is steep as well). So think twice before buying at these levels and look for opportunities to buy on the dip. But if you already own the stock, you might want to hold on.</p>
<div class="lb-trans"><p>直觉外科是另一只强劲的股票表现者，尽管最近的估值不如英伟达吸引人。其前瞻市盈率最近为 72，远高于五年平均的 56（这也算高）。因此，在这些水平上购买前请三思，并寻找逢低买入的机会。但如果您已经持有该股票，您可能想要继续持有。</p>
</div><p>Intuitive Surgical is a leader in robotic surgery equipment. It has more than 8,600 of its million-dollar-plus da Vinci robotic surgery systems installed in 71 countries. Together, they've been used to perform more than 14 million medical procedures.</p>
<div class="lb-trans"><p>直觉外科是机器人手术设备的领导者。其在 71 个国家安装了超过 8600 台价值超过百万美元的达芬奇机器人手术系统。它们已被用于执行超过 1400 万次医疗程序。</p>
</div><p>I'm a shareholder and I'm hanging on because I expect the company to keep selling and installing surgical systems, and to keep raking in profits from doing so. Notably, Intuitive Surgical derives 84% of its revenue not from the systems themselves, but from dependable recurring sales of servicing, supplies, and accessories for the machines.</p>
<div class="lb-trans"><p>我是股东，我会继续持有，因为我预计公司将继续销售和安装手术系统，并从中获得利润。值得注意的是，直觉外科 84% 的收入并非来自系统本身，而是来自对设备的服务、耗材和配件的可靠重复销售。</p>
</div><h2>3. Microsoft</h2>
<div class="lb-trans"><h2>3. 微软</h2>
</div><p>Microsoft is a tech giant with many growing operations contributing to its steady growth. It's home to the dominant Office 365 suite of applications, the Azure cloud computing platform, the Xbox gaming platform, the Windows operating system, and even the business-oriented social media giant LinkedIn, among other ventures.</p>
<div class="lb-trans"><p>微软是一家科技巨头，许多增长业务为其稳定增长做出了贡献。它拥有主导的 Office 365 应用套件、Azure 云计算平台、Xbox 游戏平台、Windows 操作系统，甚至还有面向商业的社交媒体巨头 LinkedIn 等多个业务。</p>
</div><p>Microsoft is huge (its market value hovers around $3.5 trillion), but it's still growing at a fairly rapid clip, with some of its recent growth largely attributable to its AI-related ventures. In its third quarter of fiscal 2025, revenue was up by 13% year over year, and net income rose by 18%. Its intelligent cloud division grew by 21%. The company is generating more cash than it needs to spend on growth, so it's paying shareholders a dividend that recently yielded 0.71%. (That might not seem like a lot, but the yield is pushed down because of strong share price performance and the dividend is growing briskly -- up from $2.09 per share in 2020 to $3.24 per share currently.)</p>
<div class="lb-trans"><p>微软规模庞大（市值约为 3.5 万亿美元），但仍在以相当快的速度增长，其近期的增长在很大程度上归因于其与人工智能相关的业务。在 2025 财年的第三季度，收入同比增长 13%，净收入增长 18%。其智能云部门增长 21%。公司产生的现金超过其用于增长的需求，因此向股东支付了最近收益率为 0.71% 的股息。（这可能看起来不多，但由于股价表现强劲，收益率被压低，而股息也在快速增长——从 2020 年的每股 2.09 美元增长到目前的每股 3.24 美元。）</p>
</div><p>Despite the strong share price performance, its stock remains appealingly valued, too, with a recent forward P/E of 31 only a bit above the five-year average of 30. Given the steady growth, the stock seems well worth hanging on to for the next decade -- and beyond.</p>
<div class="lb-trans"><p>尽管股价表现强劲，但其股票的估值仍然具有吸引力，最近的前瞻市盈率为 31，仅略高于五年平均的 30。考虑到稳定的增长，该股票在未来十年及更长时间内似乎值得继续持有。</p>
</div>

3 Monster Stocks -- including Nvidia -- to Hold for the Next 10 Years

- 标普 500 指数过去 15 年的年均收益率超过 10%。
- Nvidia、Intuitive Surgical 和 Microsoft 是表现突出的公司，分别在 AI、机器人手术和云计算领域领先。
- 尽管未来收益不确定，这些公司仍具备持续增长潜力。

未来 10 年值得持有的 3 只怪兽级股票——包括英伟达