<p>想象一下，投资 1000 美元于一只看似前景光明的股票。你看到股票先上涨，再下跌，然后再次上涨。然而，在波动中你始终坚定不移，耐心等待。二十八年过去了。你查看你的经纪账户，发现最初的 1000 美元投资现在价值近 225 万美元。</p>
<p>这并不是一个不切实际的场景。任何在 1997 年 5 月 15 日以 1000 美元购买 <strong>亚马逊</strong>（AMZN 1.62%）股票并且从未出售的人，今天确实会成为百万富翁。这只股票的涨幅惊人，达到了 225,000%——而且它仍然是一个绝佳的买入机会。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjM1Mzcvcm9ja2V0LWRyYXduLXdpdGgtYmVuLWZyYW5rbGluLWZyb20tMTAwLWJpbGwuanBnJnc9NzAw?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjM1Mzcvcm9ja2V0LWRyYXduLXdpdGgtYmVuLWZyYW5rbGluLWZyb20tMTAwLWJpbGwuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>亚马逊的巨大回报之路</h2>
<p>说亚马逊让投资者经历了一场过山车之旅是轻描淡写。这只股票在上市的前 19 个月内上涨了超过 2600%。到 1999 年底，亚马逊的涨幅接近 3800%。</p>
<p>好时光并没有持续太久。在 1999 年底到 2001 年底之间，随着互联网泡沫的破裂，亚马逊的市值大约损失了 90%。然而，公司已经在书籍之外扩展到 DVD、音乐、礼品、家居改善产品、软件和视频游戏，为未来的成功播下了种子。在 21 世纪的头几年，亚马逊在其电子商务平台上增加了更多产品。</p>
<p>亚马逊的股价也稳步反弹。2006 年是公司历史上最关键的一年之一，推出了亚马逊网络服务（AWS）。AWS 迅速成为亚马逊最大的增长引擎。</p>
<p>2008 年和 2009 年市场崩溃后，股票的惊人涨幅主要归功于 AWS 的爆炸性增长。由于 COVID-19 疫情，亚马逊的电子商务业务也经历了重大增长。</p>
<h2>亚马逊现在的状况</h2>
<p>如今，亚马逊几乎在网上销售所有商品（包括通过与 <strong>现代汽车</strong> 的合作销售汽车）。该公司是电子商务领域无可争议的巨头，在美国市场的份额为 37.6%。其最近的竞争对手 <strong>沃尔玛</strong> 的市场份额仅为 6.4%。</p>
<p>AWS 在云服务市场也占据主导地位。在 2025 年第一季度，亚马逊的云业务市场份额为 29%。<strong>微软</strong> 位居第二，市场份额为 22%。当然，AWS 的增长速度比一些竞争对手慢。然而，它仍然在实现强劲增长，第一季度的收入同比增长了 17%。</p>
<p>可以说，亚马逊现在比以往任何时候都更加关注其利润。第一季度，其利润同比飙升 64%，达到 171 亿美元。技术，尤其是人工智能（AI）和机器人技术的应用，正在帮助公司提升盈利能力。</p>
<p>正如过去一样，亚马逊也继续进入新市场。2020 年推出亚马逊药房，2023 年收购初级医疗连锁 One Medical，标志着其在医疗保健领域的扩展。亚马逊计划在今年晚些时候开始提供卫星互联网服务，一旦其所有的 Project Kuiper 卫星进入轨道。</p>
<h2>为什么这只股票仍然是绝佳的买入机会</h2>
<p>当然，亚马逊的股价在 2025 年基本持平。然而，我认为这只股票仍然是绝佳的买入机会，原因有三。</p>
<p>首先，人工智能为 AWS 提供了巨大的增长机会。尽管取得了令人印象深刻的进展，但我们仍然处于人工智能转型的早期阶段。特别是，代理人工智能可能会激发对 AWS 的巨大需求。我还预计亚马逊内部对人工智能的使用将继续推动更高的盈利能力。</p>
<p>其次，亚马逊的电子商务增长故事并未结束。首席执行官安迪·贾西在 2024 年 10 月的财报电话会议上正确指出，亚马逊在全球零售市场的份额仅约为 1%。他预测，未来 10 到 20 年，许多目前在实体店进行的零售业务将转移到线上。我怀疑他是对的。</p>
<p>第三，亚马逊创始人杰夫·贝索斯多年前所说的一句话仍然适用：“你的利润就是我的机会。” 我预测，亚马逊将继续通过其创新和规模来颠覆其他市场。</p>
<p>亚马逊会在未来 28 年内实现 228,000% 的回报吗？可能不会。然而，我认为这只股票将为耐心的投资者带来丰厚的回报。</p>

亚马逊财报，一站看懂！

亚马逊

亚马逊每日 2 倍做多 ETF - Direxion

<p>亚马逊的股票自 1997 年首次公开募股以来飙升了 225,000%，将 1,000 美元的投资转变为近 225 万美元。尽管过去经历了波动，包括在互联网泡沫期间的 90% 下跌，亚马逊已经显著反弹，这得益于其在电子商务领域的主导地位以及亚马逊网络服务（AWS）的成功。该公司持续创新，扩展到医疗保健和卫星互联网服务。分析师认为，亚马逊由于在人工智能领域的增长机会、持续的电子商务扩展以及其颠覆性的市场策略，仍然是一个强劲的买入选择</p>

<p>Imagine investing $1,000 in a stock that seems to have a lot of promise. You watch the stock move higher, then lower, then higher again. However, you remain steadfast throughout the volatility and hang on for the ride. Twenty-eight years go by. You look at your brokerage account to find that your initial $1,000 investment is now worth nearly $2.25 million.</p>
<div class="lb-trans"><p>想象一下，投资 1000 美元于一只看似前景光明的股票。你看到股票先上涨，再下跌，然后再次上涨。然而，在波动中你始终坚定不移，耐心等待。二十八年过去了。你查看你的经纪账户，发现最初的 1000 美元投资现在价值近 225 万美元。</p>
</div><p>This isn't a pie-in-the-sky scenario. Anyone who bought $1,000 worth of <strong>Amazon</strong>'s (AMZN 1.62%) shares at its initial public offering on May 15, 1997, and never sold would indeed be a multimillionaire today. This stock has increased by a staggering 225,000% -- and it's still a screaming buy.</p>
<div class="lb-trans"><p>这并不是一个不切实际的场景。任何在 1997 年 5 月 15 日以 1000 美元购买 <strong>亚马逊</strong>（AMZN 1.62%）股票并且从未出售的人，今天确实会成为百万富翁。这只股票的涨幅惊人，达到了 225,000%——而且它仍然是一个绝佳的买入机会。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjM1Mzcvcm9ja2V0LWRyYXduLXdpdGgtYmVuLWZyYW5rbGluLWZyb20tMTAwLWJpbGwuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F823537%2Frocket-drawn-with-ben-franklin-from-100-bill.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>Amazon's path to gigantic returns</h2>
<div class="lb-trans"><h2>亚马逊的巨大回报之路</h2>
</div><p>To say that Amazon has taken investors on a rollercoaster ride is an understatement. The stock delivered a gain of more than 2,600% in its first 19 months on the market. By the end of 1999, Amazon was up nearly 3,800%.</p>
<div class="lb-trans"><p>说亚马逊让投资者经历了一场过山车之旅是轻描淡写。这只股票在上市的前 19 个月内上涨了超过 2600%。到 1999 年底，亚马逊的涨幅接近 3800%。</p>
</div><p>The good times didn't last. Between late 1999 and late 2001, Amazon lost roughly 90% of its market cap as the dot-com bubble burst. However, the company had already planted the seeds of its future success by expanding beyond books into DVDs, music, gift items, home improvement products, software, and video games. During the first few years of the 21st century, Amazon added more products to its e-commerce platform.</p>
<div class="lb-trans"><p>好时光并没有持续太久。在 1999 年底到 2001 年底之间，随着互联网泡沫的破裂，亚马逊的市值大约损失了 90%。然而，公司已经在书籍之外扩展到 DVD、音乐、礼品、家居改善产品、软件和视频游戏，为未来的成功播下了种子。在 21 世纪的头几年，亚马逊在其电子商务平台上增加了更多产品。</p>
</div><p>Amazon's share price steadily rebounded, too. The company had one of its most pivotal years ever in 2006 with its launch of Amazon Web Services (AWS). It didn't take long for AWS to become Amazon's biggest growth engine.</p>
<div class="lb-trans"><p>亚马逊的股价也稳步反弹。2006 年是公司历史上最关键的一年之一，推出了亚马逊网络服务（AWS）。AWS 迅速成为亚马逊最大的增长引擎。</p>
</div><p>The stock's spectacular gains following the market meltdown in 2008 and 2009 were largely due to AWS' explosive growth. Amazon's e-commerce business also enjoyed a major surge due to the COVID-19 pandemic.</p>
<div class="lb-trans"><p>2008 年和 2009 年市场崩溃后，股票的惊人涨幅主要归功于 AWS 的爆炸性增长。由于 COVID-19 疫情，亚马逊的电子商务业务也经历了重大增长。</p>
</div><h2>Where Amazon is today</h2>
<div class="lb-trans"><h2>亚马逊现在的状况</h2>
</div><p>Today, Amazon sells nearly everything online (including cars, through its partnership with <strong>Hyundai</strong>). The company is the undisputed 800-pound gorilla of e-commerce with a U.S. market share of 37.6%. Its nearest rival, <strong>Walmart</strong>, has a market share of only 6.4%.</p>
<div class="lb-trans"><p>如今，亚马逊几乎在网上销售所有商品（包括通过与 <strong>现代汽车</strong> 的合作销售汽车）。该公司是电子商务领域无可争议的巨头，在美国市场的份额为 37.6%。其最近的竞争对手 <strong>沃尔玛</strong> 的市场份额仅为 6.4%。</p>
</div><p>AWS also dominates the cloud services market. In the first quarter of 2025, Amazon's cloud unit claimed a market share of 29%. <strong>Microsoft</strong> held the No. 2 spot, with a market share of 22%. Granted, AWS is growing more slowly than some of its rivals these days. However, it's still delivering strong growth, with revenue jumping 17% year over year in Q1.</p>
<div class="lb-trans"><p>AWS 在云服务市场也占据主导地位。在 2025 年第一季度，亚马逊的云业务市场份额为 29%。<strong>微软</strong> 位居第二，市场份额为 22%。当然，AWS 的增长速度比一些竞争对手慢。然而，它仍然在实现强劲增长，第一季度的收入同比增长了 17%。</p>
</div><p>Amazon is arguably focusing more on its bottom line than ever before. Its profits soared 64% year over year in Q1 to $17.1 billion. Technology, especially the use of artificial intelligence (AI) and robotics, is helping the company boost its profitability.</p>
<div class="lb-trans"><p>可以说，亚马逊现在比以往任何时候都更加关注其利润。第一季度，其利润同比飙升 64%，达到 171 亿美元。技术，尤其是人工智能（AI）和机器人技术的应用，正在帮助公司提升盈利能力。</p>
</div><p>As it has in the past, Amazon also continues to move into new markets. It expanded into healthcare with the launch of Amazon Pharmacy in 2020 and the acquisition of primary care chain One Medical in 2023. Amazon plans to begin offering a satellite internet service later this year once all of its Project Kuiper satellites are in orbit.</p>
<div class="lb-trans"><p>正如过去一样，亚马逊也继续进入新市场。2020 年推出亚马逊药房，2023 年收购初级医疗连锁 One Medical，标志着其在医疗保健领域的扩展。亚马逊计划在今年晚些时候开始提供卫星互联网服务，一旦其所有的 Project Kuiper 卫星进入轨道。</p>
</div><h2>Why this stock is still a screaming buy</h2>
<div class="lb-trans"><h2>为什么这只股票仍然是绝佳的买入机会</h2>
</div><p>Sure, Amazon's share price is basically flat so far in 2025. However, I think the stock is still a screaming buy for three key reasons.</p>
<div class="lb-trans"><p>当然，亚马逊的股价在 2025 年基本持平。然而，我认为这只股票仍然是绝佳的买入机会，原因有三。</p>
</div><p>First, AI presents a massive growth opportunity for AWS. Despite impressive advances, we're still only in the early innings of the AI transformation. In particular, agentic AI could spur tremendous growth in demand for AWS. I also expect Amazon's internal use of AI will continue to drive higher profitability.</p>
<div class="lb-trans"><p>首先，人工智能为 AWS 提供了巨大的增长机会。尽管取得了令人印象深刻的进展，但我们仍然处于人工智能转型的早期阶段。特别是，代理人工智能可能会激发对 AWS 的巨大需求。我还预计亚马逊内部对人工智能的使用将继续推动更高的盈利能力。</p>
</div><p>Second, Amazon's e-commerce growth story isn't over. CEO Andy Jassy correctly noted in the company's October 2024 earnings call that Amazon has only around 1% of the global retail market. He predicted that much of the retail business currently conducted in physical stores will move online over the next 10 to 20 years. I suspect that he's right.</p>
<div class="lb-trans"><p>其次，亚马逊的电子商务增长故事并未结束。首席执行官安迪·贾西在 2024 年 10 月的财报电话会议上正确指出，亚马逊在全球零售市场的份额仅约为 1%。他预测，未来 10 到 20 年，许多目前在实体店进行的零售业务将转移到线上。我怀疑他是对的。</p>
</div><p>Third, a statement that Amazon founder Jeff Bezos made years ago is still true: &#34;Your margin is my opportunity.&#34; I predict that Amazon will continue to disrupt other markets thanks to its innovation and scale of operations.</p>
<div class="lb-trans"><p>第三，亚马逊创始人杰夫·贝索斯多年前所说的一句话仍然适用：“你的利润就是我的机会。” 我预测，亚马逊将继续通过其创新和规模来颠覆其他市场。</p>
</div><p>Will Amazon deliver a 228,000% return over the next 28 years? Probably not. However, I think this stock will make patient investors a lot of money.</p>
<div class="lb-trans"><p>亚马逊会在未来 28 年内实现 228,000% 的回报吗？可能不会。然而，我认为这只股票将为耐心的投资者带来丰厚的回报。</p>
</div>

This Growth Stock Has Skyrocketed 225,000% -- and It's Still a Screaming Buy

- 亚马逊股票自 1997 年 IPO 以来上涨了 225,000%。  
- 该公司在电商和云服务市场占据主导地位，2025 年 Q1 利润增长 64%。  
- 未来 AI 和电商市场的潜力使亚马逊股票仍具投资价值。  

这只成长股已经飙升了 225,000%，仍然是一个极具吸引力的买入机会