<p>沃倫·巴菲特在 2025 年第二季度購買了 12 只股票。這是這位傳奇投資者相當長一段時間以來的最大購買量。雖然巴菲特連續第 11 個季度淨賣出股票，但他購買活動的增加似乎是一個積極的信號。</p>
<p>請記住，巴菲特的購買是在兩個月前進行的。今天，他的 <strong>伯克希爾哈撒韋</strong>(BRK.A -0.09%)(BRK.B -0.20%) 投資組合中哪些股票是最佳購買選擇？在我看來，這裏有三隻毫無疑問的巴菲特股票值得現在購買。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzI1MzkvYnVmZmV0dDIxLXRtZi5wbmcmdz03MDA?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzI1MzkvYnVmZmV0dDIxLXRtZi5wbmcmdz03MDA"/></p>
<p>圖片來源：The Motley Fool。</p>
<h2>1. 亞馬遜</h2>
<p>我幾乎可以把 <strong>亞馬遜</strong>(AMZN 1.04%) 列入毫無疑問的巴菲特股票名單，幾乎隨時都可以。我認為這家公司的長期前景實在是太好了。</p>
<p>亞馬遜以其電子商務業務而聞名。儘管它在電子商務市場佔據主導地位，但仍有很大的增長空間。正如首席執行官安迪·賈西去年所解釋的，亞馬遜在全球零售市場的份額僅約為 1%。賈西補充説，大多數零售銷售仍然是在實體店進行的，但他預測，未來 10 到 20 年電子商務將會取得顯著進展。我同意這一評估，並預計亞馬遜將是這一趨勢的最大受益者。</p>
<p>然而，電子商務並不是亞馬遜最大的機會。這個榮譽屬於公司的亞馬遜網絡服務（AWS）部門。雖然有些人可能對人工智能（AI）熱潮持懷疑態度，但我並不這樣認為。我相信我們仍然處於人工智能改變商業（以及整個世界）的早期階段。我完全預期，作為雲服務提供商中的市場領導者，AWS 將在人工智能普及的過程中繼續實現強勁增長。</p>
<p>最後，我認為亞馬遜將繼續做自 1990 年代以來一直在做的事情：尋找新的市場進行征服。衞星互聯網服務可能是下一個，亞馬遜計劃在今年開始商業化其庫柏項目衞星的能力。</p>
<h2>2. 美國運通</h2>
<p>巴菲特在 <strong>美國運通</strong>(AXP -0.31%) 的持股時間比伯克希爾投資組合中的幾乎所有其他股票都要長。我認為這家金融服務巨頭現在是一個很好的選擇，原因有很多。</p>
<p>如果美聯儲下週降低利率，美國運通將受益。誠然，巴菲特持有的許多股票在這種情況下也可能享受良好的催化劑，尤其是如果降息幅度超出預期。然而，信用卡公司應該是低利率的明顯受益者。</p>
<p>如果美聯儲不降息呢？美國運通對富裕客户的關注應該能防止其股價過度下跌，因為富裕客户的消費往往比低收入消費者更具韌性。</p>
<p>美國運通的估值也出奇地有吸引力。其前瞻市盈率僅為 18.6，考慮到許多股票的交易倍數處於高位，這實在令人耳目一新。</p>
<h2>3. 伯克希爾哈撒韋</h2>
<p>巴菲特在最近幾個季度沒有授權伯克希爾哈撒韋進行任何股票回購。這是否意味着其他投資者應該遠離？我並不這樣認為。</p>
<p>你可能注意到，伯克希爾的股票在今年早些時候表現異常良好，而整體股市並沒有上漲。我懷疑許多投資者將這家綜合企業視為避風港。他們也知道巴菲特積累了大量現金儲備，可以在市場下跌時加以利用。如果股市在接下來的六個月內大幅回調（我認為這很容易發生），伯克希爾可能再次成為許多風險厭惡型投資者的最愛。</p>
<p>即使沒有市場波動，伯克希爾哈撒韋在長期內仍然是一隻優秀的股票。它提供的多樣化幾乎與一些交易所交易基金（ETF）一樣好，其子公司和股權投資代表了廣泛的行業和領域。</p>
<p>那麼，關於巴菲特將在年末卸任首席執行官並將接力棒交給格雷格·阿貝爾的擔憂呢？我的回答是聽聽 “奧馬哈的先知” 自己對此的看法。在伯克希爾的股東大會上，他表示：“我認為伯克希爾在格雷格的管理下前景會比在我手下更好。”</p>

伯克希爾哈撒韋-B

伯克希爾哈撒韋-A

美國運通

亞馬遜

南方兩倍做多伯克希爾

亞馬遜每日 2 倍做多 ETF - Direxion

<p>沃倫·巴菲特在 2025 年第二季度增加了股票購買，儘管連續 11 個季度為淨賣出，但這表明了一個積極的趨勢。他投資組合中推薦的三隻股票包括：1）亞馬遜，受益於電子商務增長和 AWS 擴展；2）美國運通，預計將從潛在的美聯儲降息和富裕客户支出的韌性中獲益；3）伯克希爾哈撒韋，儘管近期沒有回購，但被視為一個安全的避風港，具有強勁的長期前景和多元化。巴菲特向格雷格·阿貝爾過渡為首席執行官，預計將提升伯克希爾的未來</p>

<p>Warren Buffett bought 12 stocks in the second quarter of 2025. That's more buying than the legendary investor has done in quite a while. Sure, Buffett was a net seller of stocks for the 11th consecutive quarter. However, an increase in his buying activity seems to be a positive sign.</p>
<div class="lb-trans"><p>沃倫·巴菲特在 2025 年第二季度購買了 12 只股票。這是這位傳奇投資者相當長一段時間以來的最大購買量。雖然巴菲特連續第 11 個季度淨賣出股票，但他購買活動的增加似乎是一個積極的信號。</p>
</div><p>Keep in mind that Buffett's purchases were made more than two months ago, at the latest. Which of the stocks in his <strong>Berkshire Hathaway</strong>(BRK.A -0.09%)(BRK.B -0.20%) portfolio are the best picks to buy today? Here are three no-brainer Buffett stocks to buy right now, in my opinion.</p>
<div class="lb-trans"><p>請記住，巴菲特的購買是在兩個月前進行的。今天，他的 <strong>伯克希爾哈撒韋</strong>(BRK.A -0.09%)(BRK.B -0.20%) 投資組合中哪些股票是最佳購買選擇？在我看來，這裏有三隻毫無疑問的巴菲特股票值得現在購買。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzI1MzkvYnVmZmV0dDIxLXRtZi5wbmcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F832539%2Fbuffett21-tmf.png&amp;op=resize&amp;w=700"/></p>
<p>Image source: The Motley Fool.</p>
<div class="lb-trans"><p>圖片來源：The Motley Fool。</p>
</div><h2>1. Amazon</h2>
<div class="lb-trans"><h2>1. 亞馬遜</h2>
</div><p>I could probably put <strong>Amazon</strong>(AMZN 1.04%) on the list of no-brainer Buffett stocks to buy pretty much all the time. I think the company's long-term prospects are simply that good.</p>
<div class="lb-trans"><p>我幾乎可以把 <strong>亞馬遜</strong>(AMZN 1.04%) 列入毫無疑問的巴菲特股票名單，幾乎隨時都可以。我認為這家公司的長期前景實在是太好了。</p>
</div><p>Amazon is best known for its e-commerce business. Even though it dominates the e-commerce market, there's still plenty of room for growth. As CEO Andy Jassy explained last year, Amazon only claims around a 1% share of the global retail market. Jassy added that most retail sales are still made in brick-and-mortar stores, but he predicts that e-commerce will make significant inroads over the next 10 to 20 years. I agree with that assessment and expect that Amazon will be the biggest beneficiary of the trend.</p>
<div class="lb-trans"><p>亞馬遜以其電子商務業務而聞名。儘管它在電子商務市場佔據主導地位，但仍有很大的增長空間。正如首席執行官安迪·賈西去年所解釋的，亞馬遜在全球零售市場的份額僅約為 1%。賈西補充説，大多數零售銷售仍然是在實體店進行的，但他預測，未來 10 到 20 年電子商務將會取得顯著進展。我同意這一評估，並預計亞馬遜將是這一趨勢的最大受益者。</p>
</div><p>E-commerce isn't Amazon's biggest opportunity, though. That honor goes to the company's Amazon Web Services (AWS) unit. Some might be skeptical about the artificial intelligence (AI) boom, but I'm not. I believe we're still only in the early innings of AI's transformation of business (and the world, in general). I fully expect that AWS, currently the market leader among cloud service providers, will continue to deliver strong growth as AI adoption surges.</p>
<div class="lb-trans"><p>然而，電子商務並不是亞馬遜最大的機會。這個榮譽屬於公司的亞馬遜網絡服務（AWS）部門。雖然有些人可能對人工智能（AI）熱潮持懷疑態度，但我並不這樣認為。我相信我們仍然處於人工智能改變商業（以及整個世界）的早期階段。我完全預期，作為雲服務提供商中的市場領導者，AWS 將在人工智能普及的過程中繼續實現強勁增長。</p>
</div><p>Finally, I think that Amazon will continue to do what it has been doing since the 1990s: finding new markets to conquer. Satellite internet service could be next up, with Amazon planning to begin commercializing its Project Kuiper satellites' capabilities this year.</p>
<div class="lb-trans"><p>最後，我認為亞馬遜將繼續做自 1990 年代以來一直在做的事情：尋找新的市場進行征服。衞星互聯網服務可能是下一個，亞馬遜計劃在今年開始商業化其庫柏項目衞星的能力。</p>
</div><h2>2. American Express</h2>
<div class="lb-trans"><h2>2. 美國運通</h2>
</div><p>Buffett has owned a stake in <strong>American Express</strong>(AXP -0.31%) for longer than nearly any other stock in Berkshire's portfolio. I view the financial services giant as a great pick right now for several reasons.</p>
<div class="lb-trans"><p>巴菲特在 <strong>美國運通</strong>(AXP -0.31%) 的持股時間比伯克希爾投資組合中的幾乎所有其他股票都要長。我認為這家金融服務巨頭現在是一個很好的選擇，原因有很多。</p>
</div><p>American Express should benefit if the Federal Reserve reduces interest rates next week. Granted, quite a few stocks that Buffett owns will also likely enjoy solid catalysts if this happens, especially if the rate cut is bigger than expected. However, credit card companies should be clear winners from lower interest rates.</p>
<div class="lb-trans"><p>如果美聯儲下週降低利率，美國運通將受益。誠然，巴菲特持有的許多股票在這種情況下也可能享受良好的催化劑，尤其是如果降息幅度超出預期。然而，信用卡公司應該是低利率的明顯受益者。</p>
</div><p>What if the Fed doesn't cut rates? AmEx's focus on affluent customers should prevent its share price from sinking too much, since spending for wealthier customers tends to be more resilient than lower-income consumers.</p>
<div class="lb-trans"><p>如果美聯儲不降息呢？美國運通對富裕客户的關注應該能防止其股價過度下跌，因為富裕客户的消費往往比低收入消費者更具韌性。</p>
</div><p>American Express' valuation is also surprisingly attractive. Its forward price-to-earnings ratio is only 18.6, which is downright refreshing considering how many stocks trade at premium multiples.</p>
<div class="lb-trans"><p>美國運通的估值也出奇地有吸引力。其前瞻市盈率僅為 18.6，考慮到許多股票的交易倍數處於高位，這實在令人耳目一新。</p>
</div><h2>3. Berkshire Hathaway</h2>
<div class="lb-trans"><h2>3. 伯克希爾哈撒韋</h2>
</div><p>Buffett hasn't authorized any stock buybacks for Berkshire Hathaway in recent quarters. Does that mean that other investors should stay away? I don't think so.</p>
<div class="lb-trans"><p>巴菲特在最近幾個季度沒有授權伯克希爾哈撒韋進行任何股票回購。這是否意味着其他投資者應該遠離？我並不這樣認為。</p>
</div><p>You might have noticed that Berkshire's stock performed exceptionally well earlier this year when the overall stock market wasn't rising. I suspect that many investors view the conglomerate as a safe haven. They also know that Buffett has amassed a massive cash stockpile that could be put to use during a market downturn. If the stock market does pull back significantly (something that I think could easily happen over the next six months), Berkshire could again become a favorite for many risk-averse investors.</p>
<div class="lb-trans"><p>你可能注意到，伯克希爾的股票在今年早些時候表現異常良好，而整體股市並沒有上漲。我懷疑許多投資者將這家綜合企業視為避風港。他們也知道巴菲特積累了大量現金儲備，可以在市場下跌時加以利用。如果股市在接下來的六個月內大幅回調（我認為這很容易發生），伯克希爾可能再次成為許多風險厭惡型投資者的最愛。</p>
</div><p>Even if there are no market hiccups, though, Berkshire Hathaway remains an excellent stock to own over the long term. It offers diversification that's almost as good as some exchange-traded funds (ETFs), with its subsidiaries and equity holdings representing a broad array of sectors and industries.</p>
<div class="lb-trans"><p>即使沒有市場波動，伯克希爾哈撒韋在長期內仍然是一隻優秀的股票。它提供的多樣化幾乎與一些交易所交易基金（ETF）一樣好，其子公司和股權投資代表了廣泛的行業和領域。</p>
</div><p>What about concerns that Buffett is stepping down as CEO at year-end and passing the baton to Greg Abel? My answer is to listen to what the &#34;Oracle of Omaha&#34; said about that himself. In Berkshire's shareholder meeting in May, he stated, &#34;I think the prospects of Berkshire will be better under Greg's management than mine.&#34;</p>
<div class="lb-trans"><p>那麼，關於巴菲特將在年末卸任首席執行官並將接力棒交給格雷格·阿貝爾的擔憂呢？我的回答是聽聽 “奧馬哈的先知” 自己對此的看法。在伯克希爾的股東大會上，他表示：“我認為伯克希爾在格雷格的管理下前景會比在我手下更好。”</p>
</div>

3 No-Brainer Warren Buffett Stocks to Buy Right Now

- 巴菲特在 2025 年第二季度購買了 12 只股票，顯示出買入活動增加。  
- 主要推薦的股票包括亞馬遜、美國運通和伯克希爾哈撒韋。  
- 這些股票在市場波動中被視為安全投資，長期前景樂觀。  

3 只值得立即買入的沃倫·巴菲特股票