<p>對唐納德·特朗普總統新關税的恐懼在股市中至少已經減退。四月份的低點已經消失，取而代之的是一個蓬勃發展的牛市，<strong>標準普爾 500 指數</strong> 今年迄今已上漲超過 11%。</p>
<p>下週美聯儲召開會議並考慮降息時，情況可能會發生變化。如果它最終決定降息，正如它所暗示的那樣，市場可能會對這一消息作出積極反應。如果出於某種原因沒有降息，或者如果它對經濟做出任何負面評估，市場可能會再次下跌。</p>
<p>但這就是市場的生活。總會有不確定性和波動的時期，以及下跌、修正和崩盤。但整體趨勢始終向上，今天的投資是對未來的信心投票。</p>
<p>如果你在尋找能夠經受市場波動的優秀股票，我推薦 <strong>MercadoLibre</strong>(MELI 0.10%)、<strong>Dutch Bros</strong>(BROS -2.66%) 和 <strong>蘋果</strong>(AAPL 1.82%)。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE2MTgvcGVyc29uLWhvbGRpbmctYS1zdGFjay1vZi1kb2xsYXItYmlsbHMuanBnJnc9NzAw?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE2MTgvcGVyc29uLWhvbGRpbmctYS1zdGFjay1vZi1kb2xsYXItYmlsbHMuanBnJnc9NzAw"/></p>
<p>圖片來源：Getty Images。</p>
<h2>1. MercadoLibre：電子商務和金融科技</h2>
<p>對於尋求長期增長的投資者來説，MercadoLibre 是一個毫無疑問的選擇。它繼續展現出令人難以置信的表現，但還有很大的發展空間。</p>
<p>儘管其主要業務是電子商務，這仍然是一個極其出色的增長驅動因素，但它已經擴展成為一個完整的金融應用。雙重關注為其提供了巨大的長期機會。</p>
<p>儘管它的業務幾乎與 <strong>亞馬遜</strong> 一樣久，但它在電子商務方面仍然報告了高增長。其區域市場尚未充分滲透，並且正在從線下零售向線上零售轉變。</p>
<p>第二季度總收入同比增長 53%（貨幣中性），通過其電子商務市場銷售的商品總交易量增長了 37%。新活躍客户，即消費者向電子商務轉變的基礎，同比增長了 35%。管理層正在提升價值主張，使新購物者願意嘗試 MercadoLibre，該服務最近將巴西的免費送貨門檻從 79 巴西雷亞爾降低至 19 巴西雷亞爾。它還在更多地融入人工智能，這導致了更高的參與度，此外無限滾動功能也在顯示更多信息。</p>
<p>MercadoLibre 的金融科技平台在未充分銀行化的社區中具有更大的潛力。它通過其數字錢包 MercadoPago 提供大量金融服務，過去七個季度每月活躍用户的增長率保持在 30% 或更高。</p>
<p>我非常喜歡這家公司的一點是它的市場多樣性。它在 18 個拉丁美洲市場運營，而這些市場並不完全相同。去年，它在阿根廷面臨壓力，阿根廷歷史上是其最大市場，但這一點被在巴西和墨西哥這兩個其他最大市場的成功所抵消。這種對沖使 MercadoLibre 在某些市場看起來風險較高的情況下仍然保持穩定。</p>
<h2>2. Dutch Bros：在咖啡領域擴展品牌</h2>
<p>Dutch Bros 幾乎與 <strong>星巴克</strong> 一樣古老，但它是一家集中在俄勒岡州的小型連鎖店。儘管多年來一直在緩慢擴張，但當疫情改變咖啡店消費行為時，它做出了聰明的舉動，將其自駕咖啡概念推廣到全國。</p>
<p>最初的試點項目將連鎖店向南擴展到加利福尼亞，取得了極大的成功。公司通過一些非常聰明的決策引入新管理層並嘗試新的店面形式，隨着向東擴展，取得了巨大的成功。</p>
<p>當你聽到咖啡時，可能會想象熱騰騰的咖啡杯。但 Dutch Bros 的核心飲品是冷飲和能量飲料。它提供各種口味和配料的定製飲品，並在這個領域開闢了一個重要且不斷增長的細分市場。顧客們非常喜歡，未來前景廣闊。</p>
<p>結果不言而喻。第二季度收入同比增長 28%，同店銷售增長 6.1%。貢獻利潤率，即衡量門店盈利能力的指標，從 30.8% 提高到 31.1%，調整後的淨收入從 3120 萬美元上升到 4550 萬美元。</p>
<p>投資論點因擴張機會而變得更加引人注目。管理層最近將其長期目標從 4000 家門店提高到 7000 家，是目前門店數量的七倍。</p>
<h2>3. 蘋果：不要放棄它</h2>
<p>最後，蘋果今天可能看起來像是一個逆勢的選擇，但其最近停滯的價格意味着在再次飆升之前還有時間購買。</p>
<p>反對者可能會指出增長放緩和對 iPhone 的過度依賴。但蘋果並不需要很多產品來產生參與度和高銷售額。它已經開發出一個無與倫比的產品生態系統，這些產品相互協作，加上忠實的粉絲，他們熱愛其質量並留在這個生態系統中，購買新的升級和配套產品。</p>
<p>最近的一個擔憂是它在人工智能（AI）方面未能保持競爭力。它發佈了一系列蘋果智能服務，但似乎沒有找到像許多直接競爭對手那樣的突破性 AI 模型。但我認為它很可能會有所突破。</p>
<p>蘋果努力做到與眾不同，更加出色，其人工智能將反映這一點。最近推出的一項新功能是其 AirPods Pro 耳機能夠即時翻譯對話。這種創新將使蘋果智能脱穎而出。</p>
<p>蘋果股票今年下跌了 6%，落後於市場，現在是前瞻性投資者入場的絕佳時機。</p>

BROS

蘋果

2 倍做多 AAPL ETF - GraniteShares

蘋果每日 1 倍做空 ETF - Direxion

蘋果每日 2 倍做多 ETF - Direxion

AAPX

AAPY

APLY

<p>股市正在經歷一波牛市，標準普爾 500 指數年初至今上漲超過 11%，儘管市場對美聯儲可能降息的擔憂依然存在。推薦的長期增長股票包括在電子商務和金融科技領域蓬勃發展的 MercadoLibre；擴展其自駕咖啡概念的 Dutch Bros；以及儘管近期停滯但被視為逆勢買入的蘋果。每家公司都顯示出強勁的收入增長和良好的未來前景，使它們在波動的市場中成為穩健的投資選擇</p>

<p>Fear over President Donald Trump's new tariffs has subsided, at least in the stock market. April lows have disappeared into a thriving bull market, and the <strong>S&amp;P 500</strong> is up more than 11% year to date.</p>
<div class="lb-trans"><p>對唐納德·特朗普總統新關税的恐懼在股市中至少已經減退。四月份的低點已經消失，取而代之的是一個蓬勃發展的牛市，<strong>標準普爾 500 指數</strong> 今年迄今已上漲超過 11%。</p>
</div><p>Things could change next week when the Federal Reserve meets and considers an interest rate cut. If it does end up reducing interest rates, which it has indicated that it will, the market is likely to greet the news positively. If for some reason it doesn't, or if it offers any kind of negative assessment of the economy, it could sink the markets again.</p>
<div class="lb-trans"><p>下週美聯儲召開會議並考慮降息時，情況可能會發生變化。如果它最終決定降息，正如它所暗示的那樣，市場可能會對這一消息作出積極反應。如果出於某種原因沒有降息，或者如果它對經濟做出任何負面評估，市場可能會再次下跌。</p>
</div><p>But that's life in the markets. There are always going to be periods of uncertainty and volatility as well as dips, corrections, and crashes. But the overall arc has always been upward, and investing today is a vote of confidence in the future.</p>
<div class="lb-trans"><p>但這就是市場的生活。總會有不確定性和波動的時期，以及下跌、修正和崩盤。但整體趨勢始終向上，今天的投資是對未來的信心投票。</p>
</div><p>If you're looking for excellent stocks that can withstand the oscillations of the market over time, I recommend <strong>MercadoLibre</strong>(MELI 0.10%), <strong>Dutch Bros</strong>(BROS -2.66%), and <strong>Apple</strong>(AAPL 1.82%).</p>
<div class="lb-trans"><p>如果你在尋找能夠經受市場波動的優秀股票，我推薦 <strong>MercadoLibre</strong>(MELI 0.10%)、<strong>Dutch Bros</strong>(BROS -2.66%) 和 <strong>蘋果</strong>(AAPL 1.82%)。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE2MTgvcGVyc29uLWhvbGRpbmctYS1zdGFjay1vZi1kb2xsYXItYmlsbHMuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F831618%2Fperson-holding-a-stack-of-dollar-bills.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><h2>1. MercadoLibre: E-commerce and fintech</h2>
<div class="lb-trans"><h2>1. MercadoLibre：電子商務和金融科技</h2>
</div><p>MercadoLibre is a no-brainer for investors looking for long-term growth. It continues to demonstrate incredible performance, but there's so much further to go.</p>
<div class="lb-trans"><p>對於尋求長期增長的投資者來説，MercadoLibre 是一個毫無疑問的選擇。它繼續展現出令人難以置信的表現，但還有很大的發展空間。</p>
</div><p>Although its main business is e-commerce, which is still a phenomenal growth driver, it has expanded to become a complete financial app. The dual focus gives it massive long-term opportunities.</p>
<div class="lb-trans"><p>儘管其主要業務是電子商務，這仍然是一個極其出色的增長驅動因素，但它已經擴展成為一個完整的金融應用。雙重關注為其提供了巨大的長期機會。</p>
</div><p>Despite having been in business almost as long as <strong>Amazon</strong>, it still reports high growth in e-commerce. Its region is underpenetrated, and it's generating a shift from offline retail to online retail.</p>
<div class="lb-trans"><p>儘管它的業務幾乎與 <strong>亞馬遜</strong> 一樣久，但它在電子商務方面仍然報告了高增長。其區域市場尚未充分滲透，並且正在從線下零售向線上零售轉變。</p>
</div><p>Total revenue increased 53% year over year (currency neutral) in the second quarter, and gross merchandise volume of goods sold through its e-commerce marketplace increased 37%. New active customers, the foundation of the consumer shift to e-commerce, increased 35% over last year. Management is upgrading the value proposition to make it worthwhile for new shoppers to try MercadoLibre, and the service recently lowered its threshold for free shipping in Brazil from 79 Brazilian reals to 19. It's also incorporating more artificial intelligence, and that's leading to higher engagement, as is infinite scroll, which displays more information on a screen.</p>
<div class="lb-trans"><p>第二季度總收入同比增長 53%（貨幣中性），通過其電子商務市場銷售的商品總交易量增長了 37%。新活躍客户，即消費者向電子商務轉變的基礎，同比增長了 35%。管理層正在提升價值主張，使新購物者願意嘗試 MercadoLibre，該服務最近將巴西的免費送貨門檻從 79 巴西雷亞爾降低至 19 巴西雷亞爾。它還在更多地融入人工智能，這導致了更高的參與度，此外無限滾動功能也在顯示更多信息。</p>
</div><p>MercadoLibre's fintech platform has even greater potential in underbanked communities. It offers a large assortment of financial services through its digital wallet, MercadoPago, and growth in monthly active users has been at 30% or higher for the past seven quarters.</p>
<div class="lb-trans"><p>MercadoLibre 的金融科技平台在未充分銀行化的社區中具有更大的潛力。它通過其數字錢包 MercadoPago 提供大量金融服務，過去七個季度每月活躍用户的增長率保持在 30% 或更高。</p>
</div><p>Another feature I like a lot about this company is its varied markets. It operates in 18 Latin American markets, and they're not all the same. Last year, it was experiencing pressure in Argentina, historically its largest market, but that was offset by success in Brazil and Mexico, its other two largest markets. That kind of hedge gives MercadoLibre stability even as some of its markets look risky.</p>
<div class="lb-trans"><p>我非常喜歡這家公司的一點是它的市場多樣性。它在 18 個拉丁美洲市場運營，而這些市場並不完全相同。去年，它在阿根廷面臨壓力，阿根廷歷史上是其最大市場，但這一點被在巴西和墨西哥這兩個其他最大市場的成功所抵消。這種對沖使 MercadoLibre 在某些市場看起來風險較高的情況下仍然保持穩定。</p>
</div><h2>2. Dutch Bros: Growing its brand in coffee</h2>
<div class="lb-trans"><h2>2. Dutch Bros：在咖啡領域擴展品牌</h2>
</div><p>Dutch Bros is almost as old as <strong>Starbucks</strong>, but it's been a small chain concentrated in Oregon. Although it's been expanding slowly for years, it made a clever move when the pandemic shifted coffee shop consumption behaviors to ride the tide and take its drive-thru coffee concept national.</p>
<div class="lb-trans"><p>Dutch Bros 幾乎與 <strong>星巴克</strong> 一樣古老，但它是一家集中在俄勒岡州的小型連鎖店。儘管多年來一直在緩慢擴張，但當疫情改變咖啡店消費行為時，它做出了聰明的舉動，將其自駕咖啡概念推廣到全國。</p>
</div><p>The original pilot, bringing the chain south through California, was extremely successful. The company took it up a notch with some very smart decisions to bring in new management and try new store formats as it keeps moving east, and it's been a roaring success.</p>
<div class="lb-trans"><p>最初的試點項目將連鎖店向南擴展到加利福尼亞，取得了極大的成功。公司通過一些非常聰明的決策引入新管理層並嘗試新的店面形式，隨着向東擴展，取得了巨大的成功。</p>
</div><p>When you hear coffee, you might be envisioning steaming hot cups. But Dutch Bros' core beverages are cold drinks and energy drinks. It offers customized beverages featuring all kinds of flavors and shots, and it has carved out a significant and growing niche in this space. Customers love it, and the future looks wide open.</p>
<div class="lb-trans"><p>當你聽到咖啡時，可能會想象熱騰騰的咖啡杯。但 Dutch Bros 的核心飲品是冷飲和能量飲料。它提供各種口味和配料的定製飲品，並在這個領域開闢了一個重要且不斷增長的細分市場。顧客們非常喜歡，未來前景廣闊。</p>
</div><p>The results speak for themselves. Revenue increased 28% year over year in the second quarter, driven by a 6.1% increase in same-store sales. Contribution margin, which measures store profitability, improved from 30.8% to 31.1%, and adjusted net income rose from $31.2 million to $45.5 million.</p>
<div class="lb-trans"><p>結果不言而喻。第二季度收入同比增長 28%，同店銷售增長 6.1%。貢獻利潤率，即衡量門店盈利能力的指標，從 30.8% 提高到 31.1%，調整後的淨收入從 3120 萬美元上升到 4550 萬美元。</p>
</div><p>The investing thesis is made even more compelling by the expansion opportunities. Management recently raised its long-term goal from 4,000 stores to 7,000, a sevenfold increase from today's store count.</p>
<div class="lb-trans"><p>投資論點因擴張機會而變得更加引人注目。管理層最近將其長期目標從 4000 家門店提高到 7000 家，是目前門店數量的七倍。</p>
</div><h2>3. Apple: Don't give up on it</h2>
<div class="lb-trans"><h2>3. 蘋果：不要放棄它</h2>
</div><p>Finally, Apple might seem like a contrarian call today, but its recently stagnating price means that there's time to buy before it starts to soar again.</p>
<div class="lb-trans"><p>最後，蘋果今天可能看起來像是一個逆勢的選擇，但其最近停滯的價格意味着在再次飆升之前還有時間購買。</p>
</div><p>The naysayers might point to slowing growth and too much dependence on the iPhone. But Apple doesn't need a lot of products to generate engagement and high sales. It has developed an incomparable ecosystem of products that work together, plus loyal fans who love its quality and stay in that ecosystem, buying new upgrades and complementary products.</p>
<div class="lb-trans"><p>反對者可能會指出增長放緩和對 iPhone 的過度依賴。但蘋果並不需要很多產品來產生參與度和高銷售額。它已經開發出一個無與倫比的產品生態系統，這些產品相互協作，加上忠實的粉絲，他們熱愛其質量並留在這個生態系統中，購買新的升級和配套產品。</p>
</div><p>One recent concern has been that it's not staying competitive in artificial intelligence (AI). It has released a slew of Apple Intelligence services, but it doesn't seem to have found a breakout AI model like many of its most direct competitors. But I think it's highly likely that it will come through.</p>
<div class="lb-trans"><p>最近的一個擔憂是它在人工智能（AI）方面未能保持競爭力。它發佈了一系列蘋果智能服務，但似乎沒有找到像許多直接競爭對手那樣的突破性 AI 模型。但我認為它很可能會有所突破。</p>
</div><p>Apple strives to be different, and better, and its AI will reflect that. One recent development just launched for its AirPods Pro earbuds is the ability to translate conversations on the spot. This is the kind of innovation that will make Apple Intelligence stand out.</p>
<div class="lb-trans"><p>蘋果努力做到與眾不同，更加出色，其人工智能將反映這一點。最近推出的一項新功能是其 AirPods Pro 耳機能夠即時翻譯對話。這種創新將使蘋果智能脱穎而出。</p>
</div><p>Apple stock is down 6% this year, trailing the market, and now is a great time for the forward-thinking investor to take a position.</p>
<div class="lb-trans"><p>蘋果股票今年下跌了 6%，落後於市場，現在是前瞻性投資者入場的絕佳時機。</p>
</div>

My 3 Favorite Stocks to Buy Right Now

- 市場對特朗普新關税的恐懼已減弱，標普 500 指數年初至今上漲超過 11%。  
- 如果美聯儲下週降息，市場可能會積極反應，反之則可能下跌。  
- 推薦的股票包括 MercadoLibre、Dutch Bros 和 Apple，均展現出長期增長潛力。

我目前最喜歡購買的三隻股票