<p>很少有股票能进入我心目中的 “现在买入并永远持有” 类别。我几乎可以为我所有的投资提出一个悲观的案例。然而，有几家公司拥有如此坚实的投资论点，我怀疑最坏的情况会真的发生。这些股票最终会进入我的 “现在买入并永远持有” 名单中，我认为有两只股票符合这个类别。</p>
<p><strong>亚马逊</strong>(AMZN -1.93%) 和 <strong>台积电</strong>(TSM -0.54%) 是我投资组合中这类稀有公司的两家，因为它们所面临的长期趋势非常强劲。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjM2MTIvMi1lbGRlcmx5LXBlb3BsZS1sb29raW5nLWF0LWEtcGhvbmUtd2l0aC1zdG9ja3MuanBnJnc9NzAw?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjM2MTIvMi1lbGRlcmx5LXBlb3BsZS1sb29raW5nLWF0LWEtcGhvbmUtd2l0aC1zdG9ja3MuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>1. 亚马逊</h2>
<p>当你听到亚马逊这个名字时，你可能首先想到的是电子商务商店。虽然我也会陷入这个误区，但现实是亚马逊已经变得远不止于此。虽然商业平台赋予亚马逊强大的持续能力和稳定的高个位数收入增长，但其他业务才让我感到兴奋。</p>
<p>第一个是亚马逊网络服务（AWS）。AWS 是亚马逊的云计算部门，提供了亚马逊大部分的利润。在第一季度，63% 的亚马逊运营利润来自 AWS，尽管 AWS 仅占销售的 19%。这并不是一个异常现象；这是一个长期趋势，展示了云计算领域的巨大潜力。此外，随着人工智能（AI）工作负载和一般业务流程被转移到云端，这一领域正在迅速扩展。</p>
<p>AWS 的表现将直接影响亚马逊的股票。随着 AWS 的未来看起来光明且可持续，我认为这是持有该股票的一个绝佳理由。</p>
<p>亚马逊的另一个新兴领域是其广告业务。作为全球最大的电子商务平台，亚马逊拥有可为客户提供最佳数据的能力，指示消费者正在积极搜索的内容。</p>
<p>广告已成为亚马逊增长最快的领域之一，过去几年经历了显著增长。虽然亚马逊并未单独列出该部门的利润率，但其他以广告为重点的企业的表现表明，其利润率可能相当高。</p>
<p>凭借与电子商务业务无关的云计算业务，以及不断扩大利润率的商业业务，亚马逊是一家几乎不可替代的公司，应该能够年复一年地实现强劲的盈利增长。因此，我很乐意购买并几乎永远持有这家公司。</p>
<h2>2. 台积电</h2>
<p>台积电可能看起来是这个名单中的一个令人困惑的选择。大多数人都能轻易想出台积电的最坏情况：大陆试图接管并整合台湾。这可能导致战争并使台积电的股票崩溃。然而，台积电几乎是包括 <strong>苹果</strong> 和 <strong>英伟达</strong> 在内的客户所需的尖端芯片的唯一供应商，更不用说许多其他重要的国家防御用途。</p>
<p>因此，如果台湾发生战争，整个股市将崩溃，几乎所有股票都会随之下跌。如果发生这种情况，将没有安全的避风港（除了防御类股票和消费品），所以我不考虑这种可能性。</p>
<p>如果你能超越这种威胁，那么台积电就成为了一只可以买入并永远持有的股票。</p>
<p>随着人工智能和其他高科技的崛起，对台积电芯片的需求从未如此之高。此外，它已经证明自己能够持续创新，因为它已经生产出领先的 3 纳米芯片，并计划在今年晚些时候和 2026 年推出 2 纳米和 1.6 纳米芯片架构。</p>
<p>它还持续展示出比竞争对手更好的芯片产量，从而为客户提供更低的价格。台积电在芯片代工竞争中建立了显著的领先优势，失去这一优势需要巨大的失误。考虑到对芯片需求的持续增长，我相信台积电是一只值得现在买入并长期持有的优秀股票。</p>

亚马逊

台积电

亚马逊每日 2 倍做多 ETF - Direxion

半导体 3 倍做多 - Direxion

<p>这篇文章讨论了两只推荐的长期投资股票：亚马逊和台积电。亚马逊因其多元化的收入来源而受到赞扬，特别是来自亚马逊网络服务（AWS）和不断增长的广告业务，这些都为其强劲的盈利潜力做出了贡献。台积电则因其在芯片生产中的关键角色而受到关注，尤其是在人工智能和科技行业需求上升的背景下，尽管面临地缘政治风险。这两家公司被认为是希望长期持有的投资者的稳健选择</p>

<p>Few stocks ever land in the &#34;buy now and hold forever&#34; category for me. I can come up with a bear case for nearly every investment I have. However, there are a few companies that have such a rock-solid investment thesis that I doubt the worst-case scenario would ever materialize. These stocks end up in my &#34;buy now and hold forever&#34; pile, and I've got two that I think fit in this category.</p>
<div class="lb-trans"><p>很少有股票能进入我心目中的 “现在买入并永远持有” 类别。我几乎可以为我所有的投资提出一个悲观的案例。然而，有几家公司拥有如此坚实的投资论点，我怀疑最坏的情况会真的发生。这些股票最终会进入我的 “现在买入并永远持有” 名单中，我认为有两只股票符合这个类别。</p>
</div><p><strong>Amazon</strong>(AMZN -1.93%) and <strong>Taiwan Semiconductor Manufacturing</strong>(TSM -0.54%) are two companies in this rarified section of my portfolio, as the long-term trends they are exposed to are powerful.</p>
<div class="lb-trans"><p><strong>亚马逊</strong>(AMZN -1.93%) 和 <strong>台积电</strong>(TSM -0.54%) 是我投资组合中这类稀有公司的两家，因为它们所面临的长期趋势非常强劲。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjM2MTIvMi1lbGRlcmx5LXBlb3BsZS1sb29raW5nLWF0LWEtcGhvbmUtd2l0aC1zdG9ja3MuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F823612%2F2-elderly-people-looking-at-a-phone-with-stocks.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. Amazon</h2>
<div class="lb-trans"><h2>1. 亚马逊</h2>
</div><p>When you hear the name Amazon, the first thing you probably think about is the e-commerce store. While I also fall into that trap, the reality is Amazon has become so much more. While the commerce platform gives Amazon ultimate staying power and steady high-single-digit revenue growth, it's the other businesses that get me excited.</p>
<div class="lb-trans"><p>当你听到亚马逊这个名字时，你可能首先想到的是电子商务商店。虽然我也会陷入这个误区，但现实是亚马逊已经变得远不止于此。虽然商业平台赋予亚马逊强大的持续能力和稳定的高个位数收入增长，但其他业务才让我感到兴奋。</p>
</div><p>The first is Amazon Web Services (AWS). AWS is Amazon's cloud computing wing, and provides the majority of Amazon's profits. In the first quarter, 63% of Amazon's operating profits came from AWS, despite AWS accounting for only 19% of sales. This isn't an anomaly; it's a long-term trend that demonstrates the immense power of the cloud computing space. Furthermore, it's rapidly expanding as both artificial intelligence (AI) workloads and general business processes are being moved to the cloud.</p>
<div class="lb-trans"><p>第一个是亚马逊网络服务（AWS）。AWS 是亚马逊的云计算部门，提供了亚马逊大部分的利润。在第一季度，63% 的亚马逊运营利润来自 AWS，尽管 AWS 仅占销售的 19%。这并不是一个异常现象；这是一个长期趋势，展示了云计算领域的巨大潜力。此外，随着人工智能（AI）工作负载和一般业务流程被转移到云端，这一领域正在迅速扩展。</p>
</div><p>As AWS goes, so will Amazon's stock. With the future looking bright and sustainable for AWS, I think it's an excellent reason to own the stock.</p>
<div class="lb-trans"><p>AWS 的表现将直接影响亚马逊的股票。随着 AWS 的未来看起来光明且可持续，我认为这是持有该股票的一个绝佳理由。</p>
</div><p>Another emerging segment for Amazon is its ad business. As the world's largest e-commerce platform, Amazon has access to the best data available for its clients, indicating what consumers are actively searching for.</p>
<div class="lb-trans"><p>亚马逊的另一个新兴领域是其广告业务。作为全球最大的电子商务平台，亚马逊拥有可为客户提供最佳数据的能力，指示消费者正在积极搜索的内容。</p>
</div><p>Advertising has emerged as one of Amazon's fastest-growing segments, experiencing significant growth over the past few years. While Amazon doesn't break out the profit margins of this division, the performance of other advertising-focused businesses suggest that it's likely quite high.</p>
<div class="lb-trans"><p>广告已成为亚马逊增长最快的领域之一，过去几年经历了显著增长。虽然亚马逊并未单独列出该部门的利润率，但其他以广告为重点的企业的表现表明，其利润率可能相当高。</p>
</div><p>With an unrelated cloud computing business alongside a commerce business that's continuously expanding its margins, Amazon is a nearly irreplaceable company that should deliver year after year of strong earnings growth. As a result, it's a company I'm comfortable buying and holding practically forever.</p>
<div class="lb-trans"><p>凭借与电子商务业务无关的云计算业务，以及不断扩大利润率的商业业务，亚马逊是一家几乎不可替代的公司，应该能够年复一年地实现强劲的盈利增长。因此，我很乐意购买并几乎永远持有这家公司。</p>
</div><h2>2. Taiwan Semiconductor</h2>
<div class="lb-trans"><h2>2. 台积电</h2>
</div><p>Taiwan Semiconductor may seem like a head-scratcher for this list. Most people could easily come up with a worst-case scenario for TSMC: Mainland China attempts to take over and integrate Taiwan. This could lead to war and crash Taiwan Semi's stock. However, Taiwan Semiconductor is practically the sole supplier of cutting-edge chips used by clients including <strong>Apple</strong> and <strong>Nvidia</strong>, not to mention numerous other important use cases for national defense.</p>
<div class="lb-trans"><p>台积电可能看起来是这个名单中的一个令人困惑的选择。大多数人都能轻易想出台积电的最坏情况：大陆试图接管并整合台湾。这可能导致战争并使台积电的股票崩溃。然而，台积电几乎是包括 <strong>苹果</strong> 和 <strong>英伟达</strong> 在内的客户所需的尖端芯片的唯一供应商，更不用说许多其他重要的国家防御用途。</p>
</div><p>As a result, if there were a war in Taiwan, the broader stock market would crash, dragging nearly every stock down with it. There will be no safe havens (besides defense stocks and consumer staples) if that occurs, so I discount that possibility.</p>
<div class="lb-trans"><p>因此，如果台湾发生战争，整个股市将崩溃，几乎所有股票都会随之下跌。如果发生这种情况，将没有安全的避风港（除了防御类股票和消费品），所以我不考虑这种可能性。</p>
</div><p>If you can look beyond that threat, then TMSC becomes a buy-and-hold-forever stock.</p>
<div class="lb-trans"><p>如果你能超越这种威胁，那么台积电就成为了一只可以买入并永远持有的股票。</p>
</div><p>With the rise of AI and other high technologies, demand for Taiwan Semiconductor's chips has never been higher. Additionally, it has proven that it can continuously innovate, as it already produces leading 3 nanometer chips, and plans to launch 2nm and 1.6nm chip architectures later this year and in 2026.</p>
<div class="lb-trans"><p>随着人工智能和其他高科技的崛起，对台积电芯片的需求从未如此之高。此外，它已经证明自己能够持续创新，因为它已经生产出领先的 3 纳米芯片，并计划在今年晚些时候和 2026 年推出 2 纳米和 1.6 纳米芯片架构。</p>
</div><p>It has also consistently demonstrated the ability to deliver better chip yields than its competitors, resulting in lower prices for its clients. TSMC has built up a significant lead over chip foundry competitors, and it would take a huge misstep to lose that lead. I believe Taiwan Semiconductor is an excellent stock to buy now and hold for the long term, given the expected continued increase in demand for chips.</p>
<div class="lb-trans"><p>它还持续展示出比竞争对手更好的芯片产量，从而为客户提供更低的价格。台积电在芯片代工竞争中建立了显著的领先优势，失去这一优势需要巨大的失误。考虑到对芯片需求的持续增长，我相信台积电是一只值得现在买入并长期持有的优秀股票。</p>
</div>

2 Stocks to Buy Now and Hold Forever

- 亚马逊和台积电被认为是 “买入并持有” 的股票。  
- 亚马逊的云计算和广告业务推动了其长期增长。  
- 台积电在高科技芯片领域的需求持续上升，具备创新能力。  

现在应该购买并长期持有的两只股票