<p>随着九月的到来，投资者开始转变心态，回顾他们在 2025 年的投资组合表现，并考虑 2026 年可能的情况。然而，股市中仍然存在一些便宜货，因此投资者需要注意，不要因为忽视当前市场状况而错失潜在收益。</p>
<p>我已经确定了四只股票，我相信它们在 2025 年剩余时间和 2026 年将能够带来优异的回报，现在值得购买。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE1MDUvMi1lbGRlcmx5LXBlb3BsZS1sb29raW5nLWF0LWEtcGhvbmUtd2l0aC1zdG9ja3MuanBnJnc9NzAw?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE1MDUvMi1lbGRlcmx5LXBlb3BsZS1sb29raW5nLWF0LWEtcGhvbmUtd2l0aC1zdG9ja3MuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>英伟达</h2>
<p><strong>英伟达</strong>(NVDA -2.78%) 长期以来被列为最佳购买之一，因为它在人工智能（AI）行业中的作用。其图形处理单元（GPU）提供了驱动这些模型的关键计算能力，过去几年其使用量激增。</p>
<p>在其 2026 财年第二季度的电话会议上，英伟达明确表示，人工智能基础设施的支出并没有放缓。事实上，首席执行官黄仁勋表示，他预计四大主要 AI 超大规模公司的总资本支出将在 2025 年超过 6000 亿美元。此外，在接下来的五年中，他预计人工智能基础设施的总支出将达到 3 万亿到 4 万亿美元。</p>
<p>尽管这可能是一个乐观的预测，但即使英伟达的市场机会只有一半，仍然会受益。因此，英伟达的股票在人工智能军备竞赛中仍然看起来是一个值得购买和持有的好选择。</p>
<h2>台湾半导体制造公司</h2>
<p><strong>台湾半导体制造公司</strong>(TSM 3.31%) 的前景看涨，原因与英伟达相似，但它是一个不那么激进的投资选择。台湾半导体是全球领先的第三方合同芯片制造商，为英伟达、<strong>苹果</strong>、<strong>博通</strong> 和 <strong>超微半导体</strong> 等公司制造芯片。</p>
<p>英伟达可能是其增长最快的客户，但如果另一家公司出现并通过提供更好的硬件来超越英伟达，进行 AI 训练和推理，那么台湾半导体仍然会制造这些芯片。这使得 TSMC 成为一个优秀的买入和持有的股票，而且它的估值也相对合理。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/02d5e525e55ca774b87163b371fe2f2c.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="720" height="441" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/02d5e525e55ca774b87163b371fe2f2c.png"/></p>
<p>TSM 市盈率（前瞻性）数据来自 YCharts。</p>
<p>台湾半导体的前瞻性市盈率为 23.7 倍，实际上比整体市场（以 <strong>标准普尔 500</strong> 指数衡量）略便宜，后者目前的前瞻性市盈率为 24 倍。随着台湾半导体在第二季度以 44% 的速度增长，其成为优秀股票选择的理由更加充分。</p>
<h2>字母表</h2>
<p>如果台湾半导体的估值看起来合理，那么 <strong>字母表</strong>(GOOG 1.04%)(GOOGL 1.13%) 的前瞻性市盈率为 21.4 倍，显得相当便宜。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/b21c6416febdaca769430b70a4880040.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="720" height="441" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/b21c6416febdaca769430b70a4880040.png"/></p>
<p>GOOGL 市盈率（前瞻性）数据来自 YCharts。</p>
<p>这对整体市场来说是一个显著的折扣，然而字母表，作为谷歌及其他品牌的母公司，表现相当不错。在第二季度，其收入同比增长 14%，稀释每股收益（EPS）增长 22%。尽管许多投资者担心生成式 AI 的使用会削弱其谷歌搜索的收入，但它似乎处于一个强劲的位置。</p>
<p>字母表已经证明自己在 AI 革命中是一个值得竞争的对手，其衰落的预测似乎并不成立。</p>
<h2>The Trade Desk</h2>
<p>最后是 <strong>The Trade Desk</strong>(TTD 0.23%)，一个广告技术平台。The Trade Desk 在将客户迁移到其以 AI 为主的平台 Kokai 时面临一些挑战。这在一定程度上给业务带来了问题，在第二季度，The Trade Desk 的增长为 19%——这是除 COVID-19 大流行期间的一个季度外，最慢的增长率。</p>
<p>更糟糕的是，其第三季度的增长率预计仅为 14%。这种悲观的前景导致投资者大量抛售该股票。现在它的价格比历史最高点下跌了约 60%。</p>
<p>然而，广告技术领域仍然有显著的顺风，The Trade Desk 仍然是该领域的领导者。我相信公司能够在长期内扭转局面，这使得在今天的低价购买该股票成为明智之举。</p>

台积电

半导体 3 倍做多 - Direxion

<p>随着九月的到来，投资者正在重新评估他们的投资组合，并考虑 2025 年和 2026 年的潜在股票购买。推荐的四只股票包括：受益于人工智能基础设施支出的 Nvidia；作为领先芯片制造商、前景强劲的台积电；尽管表现强劲但交易价格折扣的 Alphabet；以及面临挑战但预计将在广告技术领域复苏的 The Trade Desk。这些股票被视为 2025 年剩余时间及 2026 年的有前景的投资</p>

<p>As we enter September, investors are beginning to shift their mindsets, reviewing their portfolios' performance so far in 2025 and considering what 2026 may hold. However, there are still some bargains available in the stock market, so investors need to be mindful that they're not leaving potential returns on the table by ignoring the current market conditions.</p>
<div class="lb-trans"><p>随着九月的到来，投资者开始转变心态，回顾他们在 2025 年的投资组合表现，并考虑 2026 年可能的情况。然而，股市中仍然存在一些便宜货，因此投资者需要注意，不要因为忽视当前市场状况而错失潜在收益。</p>
</div><p>I've identified four stocks that I believe could deliver excellent returns throughout the remainder of 2025 and into 2026, and are worth buying now.</p>
<div class="lb-trans"><p>我已经确定了四只股票，我相信它们在 2025 年剩余时间和 2026 年将能够带来优异的回报，现在值得购买。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE1MDUvMi1lbGRlcmx5LXBlb3BsZS1sb29raW5nLWF0LWEtcGhvbmUtd2l0aC1zdG9ja3MuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F831505%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>Nvidia</h2>
<div class="lb-trans"><h2>英伟达</h2>
</div><p><strong>Nvidia</strong>(NVDA -2.78%) has long been listed as a best buy due to its role in the artificial intelligence (AI) industry. Its graphics processing units (GPUs) provide the key computing muscle that powers these models, and their use has spiked over the past few years.</p>
<div class="lb-trans"><p><strong>英伟达</strong>(NVDA -2.78%) 长期以来被列为最佳购买之一，因为它在人工智能（AI）行业中的作用。其图形处理单元（GPU）提供了驱动这些模型的关键计算能力，过去几年其使用量激增。</p>
</div><p>During its fiscal 2026 second-quarter conference call, Nvidia made it clear that the spending on AI infrastructure isn't slowing down. In fact, CEO Jensen Huang said he expects the total capital expenditures of the four major AI hyperscalers to exceed $600 billion in 2025. Moreover, over the next five years, he anticipates $3 trillion to $4 trillion in total AI infrastructure spending.</p>
<div class="lb-trans"><p>在其 2026 财年第二季度的电话会议上，英伟达明确表示，人工智能基础设施的支出并没有放缓。事实上，首席执行官黄仁勋表示，他预计四大主要 AI 超大规模公司的总资本支出将在 2025 年超过 6000 亿美元。此外，在接下来的五年中，他预计人工智能基础设施的总支出将达到 3 万亿到 4 万亿美元。</p>
</div><p>Although that may be an optimistic projection, Nvidia stands to benefit even if its market opportunity is only half that much. As a result, Nvidia stock still appears to be a great one to buy and hold throughout the AI arms race.</p>
<div class="lb-trans"><p>尽管这可能是一个乐观的预测，但即使英伟达的市场机会只有一半，仍然会受益。因此，英伟达的股票在人工智能军备竞赛中仍然看起来是一个值得购买和持有的好选择。</p>
</div><h2>Taiwan Semiconductor Manufacturing</h2>
<div class="lb-trans"><h2>台湾半导体制造公司</h2>
</div><p><strong>Taiwan Semiconductor Manufacturing</strong>(TSM 3.31%) has a bullish outlook for many of the same reasons that Nvidia does, but it's a less aggressive investment pick. Taiwan Semiconductor is the leading third-party contract chipmaker worldwide, fabricating chips for companies such as Nvidia, <strong>Apple</strong>, <strong>Broadcom</strong>, and <strong>Advanced Micro Devices</strong>.</p>
<div class="lb-trans"><p><strong>台湾半导体制造公司</strong>(TSM 3.31%) 的前景看涨，原因与英伟达相似，但它是一个不那么激进的投资选择。台湾半导体是全球领先的第三方合同芯片制造商，为英伟达、<strong>苹果</strong>、<strong>博通</strong> 和 <strong>超微半导体</strong> 等公司制造芯片。</p>
</div><p>Nvidia is likely its fastest-growing customer, but if another company emerges and overtakes Nvidia by offering better hardware for AI training and inference, chances are that Taiwan Semiconductor will still manufacture those chips. This makes TSMC an excellent stock to buy and hold, and it's also trading at a reasonable valuation.</p>
<div class="lb-trans"><p>英伟达可能是其增长最快的客户，但如果另一家公司出现并通过提供更好的硬件来超越英伟达，进行 AI 训练和推理，那么台湾半导体仍然会制造这些芯片。这使得 TSMC 成为一个优秀的买入和持有的股票，而且它的估值也相对合理。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/02d5e525e55ca774b87163b371fe2f2c.png" alt="" original-src="https://media.ycharts.com/charts/02d5e525e55ca774b87163b371fe2f2c.png"/></p>
<p>TSM PE Ratio (Forward) data by YCharts.</p>
<div class="lb-trans"><p>TSM 市盈率（前瞻性）数据来自 YCharts。</p>
</div><p>At 23.7 times forward earnings, Taiwan Semiconductor is actually slightly cheaper than the broader market (as measured by the <strong>S&amp;P 500</strong> index), which trades now at 24 times forward earnings. With Taiwan Semiconductor growing its top line at a 44% pace in the second quarter, it makes for an excellent stock pick.</p>
<div class="lb-trans"><p>台湾半导体的前瞻性市盈率为 23.7 倍，实际上比整体市场（以 <strong>标准普尔 500</strong> 指数衡量）略便宜，后者目前的前瞻性市盈率为 24 倍。随着台湾半导体在第二季度以 44% 的速度增长，其成为优秀股票选择的理由更加充分。</p>
</div><h2>Alphabet</h2>
<div class="lb-trans"><h2>字母表</h2>
</div><p>If Taiwan Semiconductor looks reasonably valued, then <strong>Alphabet</strong>(GOOG 1.04%)(GOOGL 1.13%) looks downright cheap at 21.4 times its expected forward earnings.</p>
<div class="lb-trans"><p>如果台湾半导体的估值看起来合理，那么 <strong>字母表</strong>(GOOG 1.04%)(GOOGL 1.13%) 的前瞻性市盈率为 21.4 倍，显得相当便宜。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/b21c6416febdaca769430b70a4880040.png" alt="" original-src="https://media.ycharts.com/charts/b21c6416febdaca769430b70a4880040.png"/></p>
<p>GOOGL PE Ratio (Forward) data by YCharts.</p>
<div class="lb-trans"><p>GOOGL 市盈率（前瞻性）数据来自 YCharts。</p>
</div><p>That's a significant discount to the broader market, yet Alphabet, the parent company of Google and other brands, is doing quite well. In Q2, its revenue rose 14% year over year, and diluted earnings per share (EPS) rose 22%. It appears to be in a strong position, though many investors feared that the rising use of generative AI would sap its Google Search revenues.</p>
<div class="lb-trans"><p>这对整体市场来说是一个显著的折扣，然而字母表，作为谷歌及其他品牌的母公司，表现相当不错。在第二季度，其收入同比增长 14%，稀释每股收益（EPS）增长 22%。尽管许多投资者担心生成式 AI 的使用会削弱其谷歌搜索的收入，但它似乎处于一个强劲的位置。</p>
</div><p>Alphabet has proven itself to be a worthy competitor in the AI revolution, and the predictions of its downfall seem to be proving unfounded.</p>
<div class="lb-trans"><p>字母表已经证明自己在 AI 革命中是一个值得竞争的对手，其衰落的预测似乎并不成立。</p>
</div><h2>The Trade Desk</h2>
<div class="lb-trans"><h2>The Trade Desk</h2>
</div><p>Lastly, there is <strong>The Trade Desk</strong>(TTD 0.23%), an advertising technology platform. The Trade Desk has faced some challenges in migrating clients to its AI-first platform, Kokai. This has caused some issues for the business along the way, and in Q2, The Trade Desk posted growth of 19% -- its slowest growth rate ever outside of one quarter during the COVID-19 pandemic.</p>
<div class="lb-trans"><p>最后是 <strong>The Trade Desk</strong>(TTD 0.23%)，一个广告技术平台。The Trade Desk 在将客户迁移到其以 AI 为主的平台 Kokai 时面临一些挑战。这在一定程度上给业务带来了问题，在第二季度，The Trade Desk 的增长为 19%——这是除 COVID-19 大流行期间的一个季度外，最慢的增长率。</p>
</div><p>To make matters worse, its Q3 growth rate is expected to be just 14%. This downbeat outlook led investors to sell the stock off heavily. It's now down by about 60% from its all-time high.</p>
<div class="lb-trans"><p>更糟糕的是，其第三季度的增长率预计仅为 14%。这种悲观的前景导致投资者大量抛售该股票。现在它的价格比历史最高点下跌了约 60%。</p>
</div><p>However, there are still significant tailwinds blowing in the ad tech space, and The Trade Desk remains a leader in it. I'm confident the company will be able to turn things around over the long term, which would make purchasing the stock at today's lower price a smart move.</p>
<div class="lb-trans"><p>然而，广告技术领域仍然有显著的顺风，The Trade Desk 仍然是该领域的领导者。我相信公司能够在长期内扭转局面，这使得在今天的低价购买该股票成为明智之举。</p>
</div>

4 Brilliant Stocks to Buy in September

- 投资者在审视 2025 年投资组合表现，考虑 2026 年前景。  
- Nvidia、台积电、Alphabet 和 The Trade Desk 被认为是值得购买的股票。  
- Nvidia 预计 2025 年 AI 基础设施支出将超过 6000 亿美元。  

9 月份值得购买的 4 只优质股票