<p>随着 2025 年逐渐接近尾声，市场有望再次实现强劲表现。过去十年中，<strong>成长股</strong> 再次引领潮流，这一趋势似乎没有理由会停止。</p>
<p>让我们来看两只值得在未来五年内买入并持有的成长股。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NDc3NzcvZ2V0dHlpbWFnZXMtMTQ3MjI5MjM0OS5qcGcmdz0zODQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="3840" height="2560" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NDc3NzcvZ2V0dHlpbWFnZXMtMTQ3MjI5MjM0OS5qcGcmdz0zODQw"/></p>
<p>图片来源：Getty Images。</p>
<h2>1. 英伟达</h2>
<p>在 <strong>人工智能（AI）</strong> 领域，<strong>Nvidia</strong>（NVDA +3.80%）仍然是值得继续持有的最佳股票之一。其 <strong>图形处理单元（GPU）</strong> 已成为 AI 基础设施的支柱，得益于其并行处理能力，而围绕这些芯片构建的生态系统将推动其未来几年的增长。</p>
<p>公司的护城河始于其 <strong>CUDA</strong> 软件平台，该平台近二十年前创建，旨在让开发者轻松编程其芯片。公司聪明地将其免费提供，并推广到进行早期 AI 研究的大学和实验室。如今，大多数基础 AI 代码都是在 CUDA 上编写的，且一代开发者已经在其平台上接受了培训。</p>
<p>展开</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Nvidia 股票报价" width="80" height="80" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4"/></p>
<h2>NASDAQ: NVDA</h2>
<p>Nvidia</p>
<p>今日变动</p>
<p>(3.80%) $6.62</p>
<p>当前价格</p>
<p>$180.76</p>
<h3>关键数据点</h3>
<p>市值</p>
<p>$4.4 万亿</p>
<p>日内区间</p>
<p>$176.44 - $181.06</p>
<p>52 周区间</p>
<p>$86.62 - $212.19</p>
<p>成交量</p>
<p>740 万</p>
<p>平均成交量</p>
<p>1.93 亿</p>
<p>毛利率</p>
<p>70.05%</p>
<p>股息收益率</p>
<p>0.02%</p>
<p>与此同时，公司最近收购的 SchedMD 将进一步增强其软件护城河，因为它为公司提供了一个名为 Slurm 的 AI 编排层，帮助协调哪些 GPU 执行哪些任务以及何时执行。虽然 Slurm 是开源的，但通过控制这一层，Nvidia 将能够更紧密地将其与生态系统集成，以优化其芯片的性能。</p>
<p>广告</p>
<p>公司还拥有一个网络护城河，其 NVLink 互连系统使其 GPU 能够共享内存并直接传输数据，从而使其芯片集群基本上可以作为一个强大的单元运作。它还在 <strong>Intel</strong> 上进行了一个巧妙的投资，两家公司正在合作将 Intel 的 <strong>中央处理单元（CPU）</strong> 纳入其 NVLink 框架，这可能有助于排挤竞争对手 <strong>超微半导体（AMD）</strong>，后者是数据中心 CPU 的领导者和第二大 GPU 厂商。</p>
<p>随着 AI 基础设施支出的持续增加，Nvidia 的护城河使其处于成为最大赢家的有利位置。</p>
<h2>2. Dutch Bros</h2>
<p>AI 和科技并不是唯一可以找到引人注目的成长股的领域。消费领域也是一个很好的观察点，在这方面，<strong>Dutch Bros</strong>（BROS 0.21%）是未来几年最佳的成长故事之一。</p>
<p>这家总部位于俄勒冈州的咖啡店运营商表现出色，成功实现了 <strong>同店销售</strong> 的增长，同时扩展到新市场。在上个季度，尽管面临困难的消费环境，公司仍实现了 5.7% 的可比餐厅销售增长，交易量增长了 4.7%。公司直营店的表现更佳，同店销售增长了 7.4%。这一增长得益于菜单创新、品牌营销和移动预订。</p>
<p>展开</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0JST1MucG5nJnc9MTI4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Dutch Bros 股票报价" width="80" height="80" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0JST1MucG5nJnc9MTI4"/></p>
<h2>NYSE: BROS</h2>
<p>Dutch Bros</p>
<p>今日变动</p>
<p>(-0.21%) $-0.14</p>
<p>当前价格</p>
<p>$64.83</p>
<h3>关键数据点</h3>
<p>市值</p>
<p>$82 亿</p>
<p>日内区间</p>
<p>$63.97 - $65.06</p>
<p>52 周区间</p>
<p>$47.16 - $86.88</p>
<p>成交量</p>
<p>89K</p>
<p>平均成交量</p>
<p>39 万</p>
<p>毛利率</p>
<p>26.17%</p>
<p>与此同时，公司还有一个巨大的机会通过推出热食项目进一步推动增长。与竞争对手 <strong>星巴克</strong> 相比，公司从食品中获得的销售额不到 2%，而星巴克约为 20%。这影响了其早晨时段的销售，因为许多顾客不想停两次。</p>
<p>然而，Dutch Bros 将在成功测试后向四分之三的门店推出热食项目，试点店铺的销售额提升了 4%。一旦这些产品更广泛可用，并且公司在其上投入更多的营销，影响力可能会更大。</p>
<p>与此同时，Dutch Bros 仍处于扩张的早期阶段，目前门店不足 1100 家。计划到 2029 年拥有超过 2000 个门店，并预计最终在美国支持约 7000 家门店。其店铺规模小，建设成本低，因此投资回报也很快。</p>
<p>在门店扩张和同店销售增长之间，Dutch Bros 是未来五年值得拥有的股票。</p>

BROS

英伟达

2 倍做多英伟达 ETF - GraniteShares

南方两倍做多英伟达

南方两倍做空英伟达

英伟达期权收益策略 ETF - YieldMax

1 倍做空英伟达 ETF - Direxion

2 倍做多 NVDA ETF - T-Rex

2 倍做空 NVDA ETF - T-Rex

半导体 3 倍做多 - Direxion

<p>这篇文章推荐了英伟达和 Dutch Bros 作为未来五年值得持有的成长股。英伟达的人工智能基础设施和软件生态系统，包括 CUDA 和 NVLink，使其在人工智能领域处于领先地位。Dutch Bros 作为咖啡店运营商，正在迅速扩张，推出创新的菜单产品，并计划显著增加门店数量，使其成为消费领域的一个有前景的投资</p>

<p>As 2025 continues to wind down, the market is on track for another strong performance. Growth stocks once again led the way, which has been the case for much of the past decade. Meanwhile, there is no reason to think that this trend will not continue.</p>
<div class="lb-trans"><p>随着 2025 年逐渐接近尾声，市场有望再次实现强劲表现。过去十年中，<strong>成长股</strong> 再次引领潮流，这一趋势似乎没有理由会停止。</p>
</div><p>Let's look at two growth stocks to buy and hold for the next five years.</p>
<div class="lb-trans"><p>让我们来看两只值得在未来五年内买入并持有的成长股。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NDc3NzcvZ2V0dHlpbWFnZXMtMTQ3MjI5MjM0OS5qcGcmdz0zODQw" alt="Artist rendering of bull market." original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F847777%2Fgettyimages-1472292349.jpg&amp;w=3840&amp;op=resize"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>1. Nvidia</h2>
<div class="lb-trans"><h2>1. 英伟达</h2>
</div><p>When it comes to artificial intelligence (AI), <strong>Nvidia</strong>( NVDA +3.80%) remains one of the best stocks to continue to hold. Its graphics processing units (GPUs) have become the backbone of AI infrastructure, given their parallel processing power, but it is the ecosystem it's built around these chips that will help drive its growth in the coming years.</p>
<div class="lb-trans"><p>在 <strong>人工智能（AI）</strong> 领域，<strong>Nvidia</strong>（NVDA +3.80%）仍然是值得继续持有的最佳股票之一。其 <strong>图形处理单元（GPU）</strong> 已成为 AI 基础设施的支柱，得益于其并行处理能力，而围绕这些芯片构建的生态系统将推动其未来几年的增长。</p>
</div><p>The company's moat starts with its CUDA software platform, which it created nearly two decades ago to allow developers to easily program its chips. The company smartly gave it away for free and pushed it into universities and research labs that were doing early work on AI. Today, most foundational AI code is written on CUDA, and a generation of developers has been trained on its platform.</p>
<div class="lb-trans"><p>公司的护城河始于其 <strong>CUDA</strong> 软件平台，该平台近二十年前创建，旨在让开发者轻松编程其芯片。公司聪明地将其免费提供，并推广到进行早期 AI 研究的大学和实验室。如今，大多数基础 AI 代码都是在 CUDA 上编写的，且一代开发者已经在其平台上接受了培训。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展开</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4" alt="Nvidia Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FNVDA.png&amp;w=128&amp;op=resize"/></p>
<h2>NASDAQ: NVDA</h2>
<div class="lb-trans"><h2>NASDAQ: NVDA</h2>
</div><p>Nvidia</p>
<div class="lb-trans"><p>Nvidia</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(3.80%) $6.62</p>
<div class="lb-trans"><p>(3.80%) $6.62</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$180.76</p>
<div class="lb-trans"><p>$180.76</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>关键数据点</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$4.4T</p>
<div class="lb-trans"><p>$4.4 万亿</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$176.44 - $181.06</p>
<div class="lb-trans"><p>$176.44 - $181.06</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$86.62 - $212.19</p>
<div class="lb-trans"><p>$86.62 - $212.19</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>7.4M</p>
<div class="lb-trans"><p>740 万</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>193M</p>
<div class="lb-trans"><p>1.93 亿</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>70.05%</p>
<div class="lb-trans"><p>70.05%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.02%</p>
<div class="lb-trans"><p>0.02%</p>
</div><p>Meanwhile, the company's recent acquisition of SchedMD should only increase its software moat, as it provides it with an AI orchestration layer called Slurm that helps coordinate which GPUs perform which tasks and when. While Slurm is open-source, by having control of this layer, Nvidia will be able to more tightly integrate it with its ecosystem to optimize the performance of its chips.</p>
<div class="lb-trans"><p>与此同时，公司最近收购的 SchedMD 将进一步增强其软件护城河，因为它为公司提供了一个名为 Slurm 的 AI 编排层，帮助协调哪些 GPU 执行哪些任务以及何时执行。虽然 Slurm 是开源的，但通过控制这一层，Nvidia 将能够更紧密地将其与生态系统集成，以优化其芯片的性能。</p>
</div><p>Advertisement</p>
<div class="lb-trans"><p>广告</p>
</div><p>The company also has a networking moat with its NVLink interconnect system, which lets its GPUs pool memory and transfer data directly between each other, letting its chip clusters essentially act as one powerful unit. It also made a sneaky good investment in <strong>Intel</strong>, where the two companies are also partnering to bring Intel's central processing units (CPUs) into its NVLink framework, which could help freeze out rival <strong>Advanced Micro Devices</strong>, which is the leader in data center CPUs and the No. 2 GPU player.</p>
<div class="lb-trans"><p>公司还拥有一个网络护城河，其 NVLink 互连系统使其 GPU 能够共享内存并直接传输数据，从而使其芯片集群基本上可以作为一个强大的单元运作。它还在 <strong>Intel</strong> 上进行了一个巧妙的投资，两家公司正在合作将 Intel 的 <strong>中央处理单元（CPU）</strong> 纳入其 NVLink 框架，这可能有助于排挤竞争对手 <strong>超微半导体（AMD）</strong>，后者是数据中心 CPU 的领导者和第二大 GPU 厂商。</p>
</div><p>As AI infrastructure spending continues to ramp up, Nvidia's moat continues to put it in a position to be the biggest winner.</p>
<div class="lb-trans"><p>随着 AI 基础设施支出的持续增加，Nvidia 的护城河使其处于成为最大赢家的有利位置。</p>
</div><h2>2. Dutch Bros</h2>
<div class="lb-trans"><h2>2. Dutch Bros</h2>
</div><p>AI and tech are not the only areas to find intriguing growth stocks. The consumer space is another great place to look, and on that end, <strong>Dutch Bros</strong>( BROS 0.21%) is one of the best growth stories over the next few years.</p>
<div class="lb-trans"><p>AI 和科技并不是唯一可以找到引人注目的成长股的领域。消费领域也是一个很好的观察点，在这方面，<strong>Dutch Bros</strong>（BROS 0.21%）是未来几年最佳的成长故事之一。</p>
</div><p>The Oregon-based coffee shop operator has been hitting on all cylinders, nicely growing same-store sales while expanding into new markets. Last quarter, in a difficult consumer environment, the company posted a 5.7% jump in comparable-restaurant sales, as transactions grew 4.7%. Company-owned shops performed even better, with same-store sales up 7.4%. The growth is being powered by menu innovation, brand marketing, and mobile order-ahead.</p>
<div class="lb-trans"><p>这家总部位于俄勒冈州的咖啡店运营商表现出色，成功实现了 <strong>同店销售</strong> 的增长，同时扩展到新市场。在上个季度，尽管面临困难的消费环境，公司仍实现了 5.7% 的可比餐厅销售增长，交易量增长了 4.7%。公司直营店的表现更佳，同店销售增长了 7.4%。这一增长得益于菜单创新、品牌营销和移动预订。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展开</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0JST1MucG5nJnc9MTI4" alt="Dutch Bros Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FBROS.png&amp;w=128&amp;op=resize"/></p>
<h2>NYSE: BROS</h2>
<div class="lb-trans"><h2>NYSE: BROS</h2>
</div><p>Dutch Bros</p>
<div class="lb-trans"><p>Dutch Bros</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(-0.21%) $-0.14</p>
<div class="lb-trans"><p>(-0.21%) $-0.14</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$64.83</p>
<div class="lb-trans"><p>$64.83</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>关键数据点</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$8.2B</p>
<div class="lb-trans"><p>$82 亿</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$63.97 - $65.06</p>
<div class="lb-trans"><p>$63.97 - $65.06</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$47.16 - $86.88</p>
<div class="lb-trans"><p>$47.16 - $86.88</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>89K</p>
<div class="lb-trans"><p>89K</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>3.9M</p>
<div class="lb-trans"><p>39 万</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>26.17%</p>
<div class="lb-trans"><p>26.17%</p>
</div><p>Meanwhile, the company has a big opportunity to further drive growth through the introduction of hot food items. The company has been getting less than 2% of its sales from food, compared to around 20% for rival <strong>Starbucks</strong>. This has hurt its morning daypart sales, as many customers don't want to make two stops.</p>
<div class="lb-trans"><p>与此同时，公司还有一个巨大的机会通过推出热食项目进一步推动增长。与竞争对手 <strong>星巴克</strong> 相比，公司从食品中获得的销售额不到 2%，而星巴克约为 20%。这影响了其早晨时段的销售，因为许多顾客不想停两次。</p>
</div><p>However, Dutch Bros will roll out hot food items to three-quarters of its locations that can support the offerings after a successful test, with shops that piloted the food items seeing a 4% sales lift. And once these items are more widely available and the company puts more marketing behind them, it wouldn't be surprising if the impact becomes even bigger.</p>
<div class="lb-trans"><p>然而，Dutch Bros 将在成功测试后向四分之三的门店推出热食项目，试点店铺的销售额提升了 4%。一旦这些产品更广泛可用，并且公司在其上投入更多的营销，影响力可能会更大。</p>
</div><p>Meanwhile, Dutch Bros is still in the early innings of expansion, with under 1,100 stores. It plans to have more than 2,000 locations by 2029, and sees the opportunity to eventually support around 7,000 stores in the U.S. Its shops are small and cheap to build out, so it also gets a quick payback on its investment.</p>
<div class="lb-trans"><p>与此同时，Dutch Bros 仍处于扩张的早期阶段，目前门店不足 1100 家。计划到 2029 年拥有超过 2000 个门店，并预计最终在美国支持约 7000 家门店。其店铺规模小，建设成本低，因此投资回报也很快。</p>
</div><p>Between store expansion and same-store sales growth, Dutch Bros is a stock to own for the next five years.</p>
<div class="lb-trans"><p>在门店扩张和同店销售增长之间，Dutch Bros 是未来五年值得拥有的股票。</p>
</div>

2 Monster Stocks to Hold for the Next 5 Years

- 2025 年市场表现强劲，成长股继续引领。  
- Nvidia 在人工智能领域具优势，预计将持续增长。  
- Dutch Bros 计划扩展至 2000 家门店，推动销售增长。

未来五年值得持有的两只优质股票