<p>总体而言，投资者应该寻找那些能够持久经营的企业，并愿意 “永远” 持有其股票。</p>
<p>然而，时不时地，相对短期的机会会出现。也就是说，某个特定公司的异常高增长期浮现。虽然这些企业可能最终会持续繁荣，但接下来的几年对它们以及那些能够承受风险的投资者来说，可能会非常丰厚。</p>
<p>为此，以下是三只在未来五年内有潜力带来巨大收益的股票的详细分析。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE4NjUvdGhpbmtpbmctaW52ZXN0b3ItdXNpbmctYS1sYXB0b3AtY29tcHV0ZXIuanBnJnc9NzAw?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE4NjUvdGhpbmtpbmctaW52ZXN0b3ItdXNpbmctYS1sYXB0b3AtY29tcHV0ZXIuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>1. Joby Aviation</h2>
<p>如果你不熟悉 <strong>Joby Aviation</strong>（JOBY 2.60%），它是为数不多的几家越来越看起来将使空中出租车成为现实的公司之一。它的超静音四座电池驱动飞机可以垂直起降——就像直升机一样——非常适合将人们从拥挤的市中心接送。举个例子，从 JFK 机场到纽约市的行程通常需要近一个小时，而乘坐 Joby 的飞机则可以在不到 10 分钟内完成。</p>
<p>这不仅仅是一个概念。这架飞机确实存在。实际上，Joby 已经集体飞行了数千小时，以完成设计的 FAA 认证过程。事实上，就在上个月，Joby 完成了其首次美国机场间的飞行（从 Marina 到加利福尼亚的 Monterey），在其他空中交通管制的飞机中导航。</p>
<p>然而，Joby Aviation 最具吸引力的投资方面，可能在于其合作伙伴关系和对其能力的坚定兴趣。今年 3 月，英国航空公司维珍大西洋宣布将与 Joby 合作，帮助其乘客往返于一些机场航站楼。汽车制造商 <strong>丰田</strong> 在 5 月成为其主要股东，为生产合作奠定了基础。美国空军也对这种低成本通勤飞机感兴趣，已经交付了两架。同时，国防承包商 <strong>L3Harris</strong> 希望将 Joby 的一些技术整合到一种全新的飞机中。</p>
<p>机场和城市也在支持这一项目。该公司已在迪拜完成了几次测试飞行，同时正在为洛杉矶和纽约市的运营铺平道路。随着前提条件的证明，更多的进展将随之而来。</p>
<p><strong>为什么是接下来的 5 年：</strong> 对于感兴趣的投资者来说，时间至关重要。</p>
<p>你看，虽然 Joby 目前没有商业空中出租车服务收入或轻型电池驱动飞机的销售，但技术已经准备就绪，FAA 的认证过程正在推进。实际上，这个备受期待的行业即将爆发，Mordor Intelligence 预测全球空中出租车市场将在 2030 年前以每年 23% 的平均速度增长。世界正等待着它所需的飞机，而这些飞机很快就会到来。</p>
<h2>2. Dutch Bros</h2>
<p><strong>星巴克</strong>（SBUX -1.82%）在过去几十年中可能通过提供一种相对高档和优雅的体验主导了咖啡店业务。然而，至少在美国（其门店超过 40% 位于此），消费者不再想要这样的体验。他们越来越希望拥有一种更随意和便利的咖啡购买体验。</p>
<p>这时 <strong>Dutch Bros</strong>（BROS -7.57%）应运而生。</p>
<p>这是一种完全不同的经营模式。没有顾客座位；Dutch Bros 只经营自取餐窗口。不过，这并不是最显著的特点。与星巴克提供的从一个地点到另一个地点都相对精致但缺乏个性化的顾客体验不同，Dutch Bros 的每个咖啡亭都充满了独特的个性，往往反映出员工的个性。在一个真实性迅速成为消费者需求的环境中，这一点至关重要。</p>
<p><strong>为什么是接下来的 5 年：</strong> Dutch Bros 在近年来已经实现了一些惊人的增长，从 2021 年底的 538 家店铺增长到 6 月的 1000 多家。不过，这仅仅是个开始。在 3 月的投资者日活动中，该公司将之前的长期目标从 4000 家店铺上调至 7000 多家。显然，它不可能在 2030 年中期之前实现这一目标。然而，考虑到它最近所取得的增长，以及其仍然相对较小的规模，到 2029 年拥有 2000 多家店铺的计划似乎是合理的。</p>
<p>当然，这样的增长可能会在这一阶段大幅推动股价。</p>
<h2>3. MercadoLibre</h2>
<p>最后，将 <strong>MercadoLibre</strong>（MELI 0.00%）加入你的怪兽股票购买和持有名单中，至少在接下来的五年内。</p>
<p>如果你从未听说过它，那是有原因的。也就是说，它只在拉丁美洲开展业务。甚至并不是在整个拉丁美洲。它的核心市场是巴西、墨西哥和阿根廷。</p>
<p>然而，在它开展业务的地方，生意可谓相当不错！</p>
<p>但它到底是做什么的呢？主要是电子商务，尽管这个描述低估了公司的影响力。MercadoLibre 还运营一个数字支付平台，管理物流服务，并为在线和离线运营的企业提供一系列工具。这种广泛性使得该公司常常被称为拉丁美洲的 <strong>亚马逊</strong>。</p>
<p>它的增长方式与亚马逊早期的发展非常相似。MercadoLibre 上个季度的收入为 68 亿美元，同比增长 34%。如果不是因为它向更多巴西客户提供的免费配送服务，第二季度的收益本应相应增长，而不是低于分析师的预期。不过，像亚马逊一样，MercadoLibre 的管理层明白，他们需要在当前牺牲一些利润，以换取扩大客户基础，这将推动未来在高度分散的拉丁美洲市场中的增长。</p>
<p><strong>为什么是接下来的五年：</strong> 目前有多种因素汇聚在一起，创造了一个在地理市场中非凡的机会。其中最重要的是相对较新但迅速普及的宽带连接，尤其是宽带连接的智能手机。</p>
<p>市场研究机构 GSMA 预计，该地区的移动互联网用户总数将从去年的 4.13 亿人增加到 2030 年的近 5 亿人。正如北美的情况一样，消费者正在迅速接受宽带连接所带来的在线购物。这就是为什么支付与商业市场情报认为，该地区的电子商务行业预计将在 2023 年至 2027 年之间翻一番，到时其价值可能超过 1 万亿美元。</p>
<p>MercadoLibre 已经很好地定位，以捕捉这一增长的超过合理份额，这种增长无疑将持续到 2027 年之后。只是该业务最快和最大的增长可能会在不久的将来显现。</p>

JOBY

BROS

<p>投资者被鼓励考虑三只股票，以期在未来五年实现显著增长：Joby Aviation，该公司正在与维珍大西洋航空和丰田合作，开创空中出租车技术；Dutch Bros，一家快速扩张的咖啡连锁店，专注于自驾服务和独特的客户体验，目标超过 7000 个门店；以及 MercadoLibre，拉丁美洲领先的电子商务平台，准备在该地区实现增长。这些公司有望利用新兴市场趋势和消费者偏好的变化</p>

<p>Broadly speaking, investors should seek out enduring businesses with a willingness to hold onto their stocks &#34;forever.&#34;</p>
<div class="lb-trans"><p>总体而言，投资者应该寻找那些能够持久经营的企业，并愿意 “永远” 持有其股票。</p>
</div><p>Every now and then, though, a relatively shorter-term opportunity knocks. That is to say, a period of unusually high growth for a particular company surfaces. While these businesses may well end up thriving indefinitely, the next few years could prove very fruitful for them as well as for their risk-tolerant investors.</p>
<div class="lb-trans"><p>然而，时不时地，相对短期的机会会出现。也就是说，某个特定公司的异常高增长期浮现。虽然这些企业可能最终会持续繁荣，但接下来的几年对它们以及那些能够承受风险的投资者来说，可能会非常丰厚。</p>
</div><p>To this end, here's a closer look at three stocks with the potential to dish out monster-sized gains over the course of the coming five years.</p>
<div class="lb-trans"><p>为此，以下是三只在未来五年内有潜力带来巨大收益的股票的详细分析。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE4NjUvdGhpbmtpbmctaW52ZXN0b3ItdXNpbmctYS1sYXB0b3AtY29tcHV0ZXIuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F831865%2Fthinking-investor-using-a-laptop-computer.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. Joby Aviation</h2>
<div class="lb-trans"><h2>1. Joby Aviation</h2>
</div><p>If you're not familiar with <strong>Joby Aviation</strong>(JOBY 2.60%), it's one of the few companies that's increasingly looking like it's going to make air taxis a reality. Its ultra-quiet four-passenger battery-powered aircraft can take off and land vertically -- like a helicopter -- making it perfectly suited to ferry people to and from crowded city centers. A trip to New York City from JFK airport that would normally take nearly an hour, for perspective, can be completed in less than 10 minutes.</p>
<div class="lb-trans"><p>如果你不熟悉 <strong>Joby Aviation</strong>（JOBY 2.60%），它是为数不多的几家越来越看起来将使空中出租车成为现实的公司之一。它的超静音四座电池驱动飞机可以垂直起降——就像直升机一样——非常适合将人们从拥挤的市中心接送。举个例子，从 JFK 机场到纽约市的行程通常需要近一个小时，而乘坐 Joby 的飞机则可以在不到 10 分钟内完成。</p>
</div><p>It's not a mere concept, either. The aircraft exists. Several of them, in fact, which Joby has collectively flown for thousands of hours as part of the design's FAA certification process. Indeed, just last month, Joby completed its first-ever U.S. airport-to-airport flight (from Marina to Monterey, California), navigating airspace with other air-traffic-controlled aircraft in it.</p>
<div class="lb-trans"><p>这不仅仅是一个概念。这架飞机确实存在。实际上，Joby 已经集体飞行了数千小时，以完成设计的 FAA 认证过程。事实上，就在上个月，Joby 完成了其首次美国机场间的飞行（从 Marina 到加利福尼亚的 Monterey），在其他空中交通管制的飞机中导航。</p>
</div><p>Perhaps the most compelling investment aspect of Joby Aviation, however, is its partnerships and committed interest in its capabilities. In March of this year, U.K. airline Virgin Atlantic announced it would tap Joby to help get its passengers to and from some of its airport terminals. Carmaker <strong>Toyota</strong> became a major shareholder in May, setting the stage for a production partnership. The U.S. Air Force is also interested in the low-cost commuting aircraft, having taken delivery of two of them already. In the meantime, defense contractor <strong>L3Harris</strong> is looking to incorporate some of Joby's technology into a whole new kind of aircraft.</p>
<div class="lb-trans"><p>然而，Joby Aviation 最具吸引力的投资方面，可能在于其合作伙伴关系和对其能力的坚定兴趣。今年 3 月，英国航空公司维珍大西洋宣布将与 Joby 合作，帮助其乘客往返于一些机场航站楼。汽车制造商 <strong>丰田</strong> 在 5 月成为其主要股东，为生产合作奠定了基础。美国空军也对这种低成本通勤飞机感兴趣，已经交付了两架。同时，国防承包商 <strong>L3Harris</strong> 希望将 Joby 的一些技术整合到一种全新的飞机中。</p>
</div><p>Airports and cities are on board, too. The company has completed several test flights in Dubai, while the groundwork for operations in Los Angeles and New York City is being laid. More will follow as the premise is proven.</p>
<div class="lb-trans"><p>机场和城市也在支持这一项目。该公司已在迪拜完成了几次测试飞行，同时正在为洛杉矶和纽约市的运营铺平道路。随着前提条件的证明，更多的进展将随之而来。</p>
</div><p><strong>Why the next 5 years:</strong> Time is of the essence for interested investors.</p>
<div class="lb-trans"><p><strong>为什么是接下来的 5 年：</strong> 对于感兴趣的投资者来说，时间至关重要。</p>
</div><p>See, while Joby's got no commercial air-taxi service revenue or light battery-powered aircraft sales to speak of right now, the technology is ready, and the FAA's certification process is moving forward. This much-anticipated industry is ready to explode, in fact, with Mordor Intelligence predicting the global air taxi market will grow at an average rate of 23% per year through 2030. The world's just waiting for the aircraft it needs. It's apt to get them soon.</p>
<div class="lb-trans"><p>你看，虽然 Joby 目前没有商业空中出租车服务收入或轻型电池驱动飞机的销售，但技术已经准备就绪，FAA 的认证过程正在推进。实际上，这个备受期待的行业即将爆发，Mordor Intelligence 预测全球空中出租车市场将在 2030 年前以每年 23% 的平均速度增长。世界正等待着它所需的飞机，而这些飞机很快就会到来。</p>
</div><h2>2. Dutch Bros</h2>
<div class="lb-trans"><h2>2. Dutch Bros</h2>
</div><p><strong>Starbucks</strong>(SBUX -1.82%) may have dominated the coffee shop business for the past few decades by providing a somewhat posh and elevated experience at all of its locales. At least in the U.S., though (where more than 40% of its stores are located), that's no longer what consumers want. They'd increasingly rather have a more casual and convenient coffee-buying experience.</p>
<div class="lb-trans"><p><strong>星巴克</strong>（SBUX -1.82%）在过去几十年中可能通过提供一种相对高档和优雅的体验主导了咖啡店业务。然而，至少在美国（其门店超过 40% 位于此），消费者不再想要这样的体验。他们越来越希望拥有一种更随意和便利的咖啡购买体验。</p>
</div><p>Enter <strong>Dutch Bros</strong>(BROS -7.57%).</p>
<div class="lb-trans"><p>这时 <strong>Dutch Bros</strong>（BROS -7.57%）应运而生。</p>
</div><p>It's a completely different kind of offering. There's no customer seating; Dutch Bros only operates drive-thrus. That's not the most distinguishing factor, though. Unlike Starbucks, which offers a surprisingly polished but impersonal customer experience from one locale to another, each of Dutch Bros' coffee kiosks is bursting with its own unique personality, often reflecting those of the employees working there. In an environment where authenticity is quickly becoming a requirement for consumers, this is a huge deal.</p>
<div class="lb-trans"><p>这是一种完全不同的经营模式。没有顾客座位；Dutch Bros 只经营自取餐窗口。不过，这并不是最显著的特点。与星巴克提供的从一个地点到另一个地点都相对精致但缺乏个性化的顾客体验不同，Dutch Bros 的每个咖啡亭都充满了独特的个性，往往反映出员工的个性。在一个真实性迅速成为消费者需求的环境中，这一点至关重要。</p>
</div><p><strong>Why the next 5 years:</strong> Dutch Bros has already seen some phenomenal growth in recent years, from 538 shops as of the end of 2021 to a little more than 1,000 as of June. This is still just the beginning, though. During the investor day event in March, the company upped its previous long-term target of 4,000 stores to more than 7,000. It's obviously not going to get there by the middle of 2030. In light of the growth it's already been able to muster of late, however -- and its still relatively small size -- its plans to have more than 2,000 shops up and running by 2029 certainly seems plausible.</p>
<div class="lb-trans"><p><strong>为什么是接下来的 5 年：</strong> Dutch Bros 在近年来已经实现了一些惊人的增长，从 2021 年底的 538 家店铺增长到 6 月的 1000 多家。不过，这仅仅是个开始。在 3 月的投资者日活动中，该公司将之前的长期目标从 4000 家店铺上调至 7000 多家。显然，它不可能在 2030 年中期之前实现这一目标。然而，考虑到它最近所取得的增长，以及其仍然相对较小的规模，到 2029 年拥有 2000 多家店铺的计划似乎是合理的。</p>
</div><p>Such growth, of course, could drive the stock considerably higher during this stretch.</p>
<div class="lb-trans"><p>当然，这样的增长可能会在这一阶段大幅推动股价。</p>
</div><h2>3. MercadoLibre</h2>
<div class="lb-trans"><h2>3. MercadoLibre</h2>
</div><p>Finally, add <strong>MercadoLibre</strong>(MELI 0.00%) to your list of monster stocks to buy and hold for (at least) the next five years.</p>
<div class="lb-trans"><p>最后，将 <strong>MercadoLibre</strong>（MELI 0.00%）加入你的怪兽股票购买和持有名单中，至少在接下来的五年内。</p>
</div><p>If you've never heard of it, there's a reason. That is, it only does business in Latin America. And not even in all of Latin America. Its core markets are Brazil, Mexico, and Argentina.</p>
<div class="lb-trans"><p>如果你从未听说过它，那是有原因的。也就是说，它只在拉丁美洲开展业务。甚至并不是在整个拉丁美洲。它的核心市场是巴西、墨西哥和阿根廷。</p>
</div><p>Where it does do business, though, what a business it does!</p>
<div class="lb-trans"><p>然而，在它开展业务的地方，生意可谓相当不错！</p>
</div><p>But what exactly does it <em>do</em>? E-commerce, largely, although that description understates the company's reach. MercadoLibre also operates a digital payments platform, manages a logistics service, and offers a range of tools to businesses that operate online as well as offline. This breadth is why the company is often referred to as the <strong>Amazon</strong> of Latin America.</p>
<div class="lb-trans"><p>但它到底是做什么的呢？主要是电子商务，尽管这个描述低估了公司的影响力。MercadoLibre 还运营一个数字支付平台，管理物流服务，并为在线和离线运营的企业提供一系列工具。这种广泛性使得该公司常常被称为拉丁美洲的 <strong>亚马逊</strong>。</p>
</div><p>It's growing much like Amazon did in its early days, as well. MercadoLibre reported revenue of $6.8 billion last quarter, up 34% year over year, and had it not been for the free shipping it offered to many more of its Brazilian customers, its Q2 earnings would have grown accordingly rather than falling short of analysts' estimates. Like Amazon, though, MercadoLibre's management understands that it needs to sacrifice a little profit now in exchange for expanding its customer base, which will fuel future growth within the highly fragmented Latin American market.</p>
<div class="lb-trans"><p>它的增长方式与亚马逊早期的发展非常相似。MercadoLibre 上个季度的收入为 68 亿美元，同比增长 34%。如果不是因为它向更多巴西客户提供的免费配送服务，第二季度的收益本应相应增长，而不是低于分析师的预期。不过，像亚马逊一样，MercadoLibre 的管理层明白，他们需要在当前牺牲一些利润，以换取扩大客户基础，这将推动未来在高度分散的拉丁美洲市场中的增长。</p>
</div><p><strong>Why the next 5 years:</strong> There's a confluence of factors coming together right now, creating an extraordinary opportunity within the geographical market. Chief among them is the relatively new but rapid proliferation of broadband connectivity there, and broadband-connected smartphones in particular.</p>
<div class="lb-trans"><p><strong>为什么是接下来的五年：</strong> 目前有多种因素汇聚在一起，创造了一个在地理市场中非凡的机会。其中最重要的是相对较新但迅速普及的宽带连接，尤其是宽带连接的智能手机。</p>
</div><p>Market research outfit GSMA expects the region's total number of mobile internet users to swell from last year's count of 413 million to nearly 500 million by 2030. And as was the case in North America, consumers are quickly embracing the online shopping that connectivity facilitates. That's why Payments &amp; Commerce Market Intelligence believes the region's e-commerce industry is set to double in size between 2023 and 2027, when it could be worth more than $1 trillion.</p>
<div class="lb-trans"><p>市场研究机构 GSMA 预计，该地区的移动互联网用户总数将从去年的 4.13 亿人增加到 2030 年的近 5 亿人。正如北美的情况一样，消费者正在迅速接受宽带连接所带来的在线购物。这就是为什么支付与商业市场情报认为，该地区的电子商务行业预计将在 2023 年至 2027 年之间翻一番，到时其价值可能超过 1 万亿美元。</p>
</div><p>MercadoLibre is already well positioned to capture more than its fair share of this growth that will certainly last well beyond 2027. It's just that the business's fastest and biggest growth is apt to materialize in the immediate future.</p>
<div class="lb-trans"><p>MercadoLibre 已经很好地定位，以捕捉这一增长的超过合理份额，这种增长无疑将持续到 2027 年之后。只是该业务最快和最大的增长可能会在不久的将来显现。</p>
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未来五年值得持有的三只强势股票