<p><strong>亞馬遜</strong> 從圖書擴展到雲計算的成功為理想的成長股設定了基準。通過將客户放在首位並願意冒險，亞馬遜為投資者創造了巨大的財富。</p>
<p>發現這些創新公司的偉大之處在於，你不必是第一批購買股票的人。你可以等到 2005 年——在亞馬遜上市 10 年後——仍然能在 1000 美元的投資上賺取超過 10 萬美元。</p>
<p>未來 20 年，創新公司在金融服務和醫療保健等巨大行業中可能會出現類似的回報機會。以下是兩隻可能讓投資者有機會再次購買這些行業早期亞馬遜的成長股。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM5NTAvaW52ZXN0b3ItYnV5aW5nLXNlbGxpbmctc3RvY2stdHJhZGluZy1hcHAuanBnJnc9NzAw?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM5NTAvaW52ZXN0b3ItYnV5aW5nLXNlbGxpbmctc3RvY2stdHJhZGluZy1hcHAuanBnJnc9NzAw"/></p>
<p>圖片來源：Getty Images。</p>
<h2>1. Robinhood Markets：金融服務的亞馬遜</h2>
<p><strong>Robinhood Markets</strong>（HOOD 4.77%）在經紀行業中類似於早期的亞馬遜。Robinhood 由聯合創始人兼首席執行官 Vlad Tenev 於十多年前推出。就像亞馬遜開創了在線訂購書籍的概念一樣，Robinhood 作為第一個移動基礎的經紀服務，允許人們以分數購買任何股票，而無需支付任何交易費用或佣金。亞馬遜開創了在線購物的理念；Robinhood 則是第一個提供免佣金交易的平台。</p>
<p>Robinhood 最初專注於股票，現在正在擴展到新的產品和功能，這些都在推動公司的增長。期權和加密貨幣產生了大部分基於交易的收入。但越來越多的客户開始將所有資產轉移到 Robinhood。第二季度，平台上的退休資產同比翻了一番，達到了 190 億美元。</p>
<p>Robinhood 的競爭優勢基於兩個方面：簡單的應用設計和創新，這兩個因素正在創造出或許是經紀行業中最強大的品牌。</p>
<p>38 歲的 Tenev 比大型經紀公司更瞭解千禧一代和 Z 世代。他創辦 Robinhood 是為了鼓勵年輕人蔘與金融市場，稱公司取得成功簡直是輕描淡寫。</p>
<p>Robinhood 的市值在今年飆升至 1000 億美元。雖然公司的高管團隊很容易因市場對其成功的認可而停滯不前，但管理層仍在全力以赴。它希望通過擴大某些歷史上僅限於高淨值個人的產品的訪問權限，為客户帶來更多價值。Tenev 希望最終將私人公司代幣化，讓客户像購買股票一樣參與 SpaceX 等公司的增長。</p>
<p>其新的銀行服務將在這個秋季推出，這很好地説明了為什麼 Robinhood 在年輕投資者中越來越受歡迎。Robinhood Banking 將為客户提供奢華的金融服務，如遺產規劃和專業税務建議，以及其他福利。這將加速其成為客户所有金融需求的首選目的地的目標。</p>
<p>它發佈新功能和新產品的穩定步伐讓大型經紀公司措手不及，就像亞馬遜超越了傳統零售商一樣。Robinhood 的總平台資產在過去一年中翻了一番，達到了 2790 億美元。</p>
<p>前方有巨大的機會。到 2048 年，Cerulli Associates 估計將有超過 100 萬億美元的資產從嬰兒潮一代轉移到他們的繼承人，這對 Robinhood 來説是個優勢，因為它贏得了許多千禧一代的支持。雖然 Robinhood 的股票看起來可能很貴，但其迄今為止的增長顯示出至少達到 1 萬億美元資產的明確路徑，並且在未來幾十年中應該會繼續增長。該股票可能並不像看起來那麼昂貴。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM5NTAvdGVsZWhlYWx0aC1kb2N0b3IuanBnJnc9NzAw?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM5NTAvdGVsZWhlYWx0aC1kb2N0b3IuanBnJnc9NzAw"/></p>
<p>圖片來源：Getty Images。</p>
<h2>2. Hims &amp; Hers Health：醫療保健的亞馬遜</h2>
<p><strong>Hims &amp; Hers Health</strong>（HIMS -4.18%）是另一家高增長企業，類似於早期的亞馬遜。醫療保健是一個龐大的行業，佔美國經濟的五分之一。沒有什麼支出比健康對一個人的幸福更重要。Hims &amp; Hers 有機會成為全球最有價值的醫療保健公司之一，通過將使亞馬遜成功的以客户為中心的戰略引入醫療保健。</p>
<p>Hims 遵循亞馬遜的商業模式，從小規模開始，然後擴大產品選擇。Hims &amp; Hers 通過方便和可及的方式提供針對脱髮、減肥和性健康等問題的精準治療，取得了強勁的增長，所有這些都可以在家中完成。增長非常顯著，2025 年上半年收入同比增長 90%，這表明它正在抓住一個真正巨大的商業機會。</p>
<p>正如 20 年前將亞馬遜侷限於在線書店的標籤是一個錯誤一樣，投資者也不應期望 Hims &amp; Hers 保持靜態。它在 10 年後很可能會與今天的業務大相徑庭。該公司有着宏大的抱負。聯合創始人兼首席執行官 Andrew Dudum 表達了將其產品擴展到新專業領域並顯著擴大其可服務市場的長期目標。</p>
<p>如果有一件事可以讓人對 Hims &amp; Hers 的長期機會建立信心，那就是公司的優秀管理團隊。首席運營官納德·卡巴尼（Nader Kabbani）曾在亞馬遜工作近二十年，幫助建立了支持亞馬遜物流、Kindle 和 Prime Video 的運營。首席技術官莫·埃爾申納維（Mo Elshenawy）也曾在亞馬遜工作，並領導了多個與電子商務和雲計算相關的人工智能（AI）項目，而首席產品官迪爾賈·考爾（Dheerja Kaur）曾是 Robinhood 的產品副總裁。</p>
<p>埃爾申納維在人工智能方面的經驗將成為 Hims &amp; Hers 的寶貴資產，因為該公司正在構建個性化的 AI 代理，能夠為客户提供 24/7 的支持。這些代理結合不斷擴展的健康問題治療方案，可能會推動收入和利潤的巨大長期增長。</p>
<p>醫療保健的現實是，Hims 可能在某個時候面臨法律和監管挑戰，但通過擴大選擇和實施以客户為中心的 AI 戰略所帶來的長期收益，足以彌補這些風險。該公司的 130 億美元市值對於一家致力於在一個 5 萬億美元的行業中使治療更易獲得和負擔得起的公司來説，似乎偏低。</p>

HOOD

HIMS

<p>這篇文章討論了在金融服務和醫療保健等大型行業中尋找下一個亞馬遜的潛力。文章強調了 Robinhood Markets 作為一家領先的經紀服務，提供免佣金交易，並正在擴展其產品，吸引年輕投資者。同時提到 Hims & Hers Health 作為一家日益增長的醫療保健公司，優先考慮客户便利，並且實現了顯著的收入增長。這兩家公司都處於類似於亞馬遜的發展軌跡，具備可觀的未來增長潛力</p>

<p><strong>Amazon</strong>'s success expanding from books to cloud computing has set the benchmark for the ideal growth stock. By putting the customer first and being willing to take risks, Amazon tremendous wealth for investors.</p>
<div class="lb-trans"><p><strong>亞馬遜</strong> 從圖書擴展到雲計算的成功為理想的成長股設定了基準。通過將客户放在首位並願意冒險，亞馬遜為投資者創造了巨大的財富。</p>
</div><p>The great thing about finding these innovative companies is that you don't have to be first line to buy shares. You could have waited until 2005 -- 10 years after Amazon went public -- and still made over $100,000 on a $1,000 investment.</p>
<div class="lb-trans"><p>發現這些創新公司的偉大之處在於，你不必是第一批購買股票的人。你可以等到 2005 年——在亞馬遜上市 10 年後——仍然能在 1000 美元的投資上賺取超過 10 萬美元。</p>
</div><p>The next 20 years could see similar return possibilities for innovative companies in massive industries like financial services and healthcare. Here are two growth stocks that might be giving investors a second chance at buying an early stage Amazon in these industries.</p>
<div class="lb-trans"><p>未來 20 年，創新公司在金融服務和醫療保健等巨大行業中可能會出現類似的回報機會。以下是兩隻可能讓投資者有機會再次購買這些行業早期亞馬遜的成長股。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM5NTAvaW52ZXN0b3ItYnV5aW5nLXNlbGxpbmctc3RvY2stdHJhZGluZy1hcHAuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F833950%2Finvestor-buying-selling-stock-trading-app.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. Robinhood Markets: The Amazon of financial services</h2>
<div class="lb-trans"><h2>1. Robinhood Markets：金融服務的亞馬遜</h2>
</div><p><strong>Robinhood Markets</strong>(HOOD 4.77%) resembles an early stage Amazon in the brokerage industry. Robinhood was launched more than a decade ago by co-founder and CEO Vlad Tenev. Similar to how Amazon pioneered the concept of ordering books online, Robinhood started as the first mobile-based brokerage service that allowed people to buy any stock in fractional amounts without paying any transaction fees or commissions. Amazon pioneered the idea of shopping online; Robinhood was the first to offer commission-free trading.</p>
<div class="lb-trans"><p><strong>Robinhood Markets</strong>（HOOD 4.77%）在經紀行業中類似於早期的亞馬遜。Robinhood 由聯合創始人兼首席執行官 Vlad Tenev 於十多年前推出。就像亞馬遜開創了在線訂購書籍的概念一樣，Robinhood 作為第一個移動基礎的經紀服務，允許人們以分數購買任何股票，而無需支付任何交易費用或佣金。亞馬遜開創了在線購物的理念；Robinhood 則是第一個提供免佣金交易的平台。</p>
</div><p>Robinhood started with stocks and is now expanding to new products and features that are fueling the company's growth. Options and cryptocurrencies generate most of its transaction-based revenues. But more customers are starting to shift all their assets to Robinhood. Retirement assets on the platform doubled year over over in the second quarter to $19 billion.</p>
<div class="lb-trans"><p>Robinhood 最初專注於股票，現在正在擴展到新的產品和功能，這些都在推動公司的增長。期權和加密貨幣產生了大部分基於交易的收入。但越來越多的客户開始將所有資產轉移到 Robinhood。第二季度，平台上的退休資產同比翻了一番，達到了 190 億美元。</p>
</div><p>Robinhood's competitive advantage is based on two things: a simple app design and innovation, and these two factors are creating perhaps the strongest brand in the brokerage industry.</p>
<div class="lb-trans"><p>Robinhood 的競爭優勢基於兩個方面：簡單的應用設計和創新，這兩個因素正在創造出或許是經紀行業中最強大的品牌。</p>
</div><p>Tenev, who is 38, understands millennials and Gen Z much better than the big brokers. He started Robinhood to encourage participation in the financial markets for young people, and to say the company has succeeded is an understatement.</p>
<div class="lb-trans"><p>38 歲的 Tenev 比大型經紀公司更瞭解千禧一代和 Z 世代。他創辦 Robinhood 是為了鼓勵年輕人蔘與金融市場，稱公司取得成功簡直是輕描淡寫。</p>
</div><p>Robinhood's market cap has surged to $100 billion this year. While it would be easy for the company's executive team to rest on the validation the market has given them for their success, management is keeping its foot to the metal. It is looking to bring even more value to customers by expanding access to certain products that have historically been reserved for high net-worth individuals. Tenev wants to eventually tokenize private companies, allowing customers to participate in the growth of companies like SpaceX like buying a stock.</p>
<div class="lb-trans"><p>Robinhood 的市值在今年飆升至 1000 億美元。雖然公司的高管團隊很容易因市場對其成功的認可而停滯不前，但管理層仍在全力以赴。它希望通過擴大某些歷史上僅限於高淨值個人的產品的訪問權限，為客户帶來更多價值。Tenev 希望最終將私人公司代幣化，讓客户像購買股票一樣參與 SpaceX 等公司的增長。</p>
</div><p>Its new banking service is rolling out this fall and is a good example of why Robinhood is gaining so much popularity with younger investors. Robinhood Banking will bring luxury financial services to customers, such as estate planning and professional tax advice, in addition to other perks. This will accelerate its goal of being the go-to destination for all its customers' financial needs.</p>
<div class="lb-trans"><p>其新的銀行服務將在這個秋季推出，這很好地説明了為什麼 Robinhood 在年輕投資者中越來越受歡迎。Robinhood Banking 將為客户提供奢華的金融服務，如遺產規劃和專業税務建議，以及其他福利。這將加速其成為客户所有金融需求的首選目的地的目標。</p>
</div><p>The steady pace of new features it releases and new products it keeps announcing is leaving the large brokers flat footed much like Amazon outran established retailers. Robinhood's total platform assets have doubled over the last year to $279 billion.</p>
<div class="lb-trans"><p>它發佈新功能和新產品的穩定步伐讓大型經紀公司措手不及，就像亞馬遜超越了傳統零售商一樣。Robinhood 的總平台資產在過去一年中翻了一番，達到了 2790 億美元。</p>
</div><p>There's a huge opportunity ahead. By 2048, Cerulli Associates estimates more than $100 trillion of assets will flow from baby boomers to their heirs, and that plays to Robinhood's advantage, since it has won a lot of fans with millennials. While Robinhood stock might look expensive, its growth so far shows a clear path to reaching at least $1 trillion of assets on its platform, and it should keep growing in the decades to come. The stock may not be as expensive as it looks.</p>
<div class="lb-trans"><p>前方有巨大的機會。到 2048 年，Cerulli Associates 估計將有超過 100 萬億美元的資產從嬰兒潮一代轉移到他們的繼承人，這對 Robinhood 來説是個優勢，因為它贏得了許多千禧一代的支持。雖然 Robinhood 的股票看起來可能很貴，但其迄今為止的增長顯示出至少達到 1 萬億美元資產的明確路徑，並且在未來幾十年中應該會繼續增長。該股票可能並不像看起來那麼昂貴。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM5NTAvdGVsZWhlYWx0aC1kb2N0b3IuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F833950%2Ftelehealth-doctor.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>2. Hims &amp; Hers Health: The Amazon of healthcare</h2>
<div class="lb-trans"><h2>2. Hims &amp; Hers Health：醫療保健的亞馬遜</h2>
</div><p><strong>Hims &amp; Hers Health</strong>(HIMS -4.18%) is another high-growth business that resembles an early stage Amazon. Healthcare is a massive industry, accounting for around a fifth of the U.S. economy. There's no expenditure more important to a person's happiness than their health. Hims &amp; Hers has the opportunity to be one of the most valuable healthcare companies in the world by bringing the same customer-centric strategy that made Amazon successful to healthcare.</p>
<div class="lb-trans"><p><strong>Hims &amp; Hers Health</strong>（HIMS -4.18%）是另一家高增長企業，類似於早期的亞馬遜。醫療保健是一個龐大的行業，佔美國經濟的五分之一。沒有什麼支出比健康對一個人的幸福更重要。Hims &amp; Hers 有機會成為全球最有價值的醫療保健公司之一，通過將使亞馬遜成功的以客户為中心的戰略引入醫療保健。</p>
</div><p>Hims is following the Amazon playbook of starting small before expanding the selection of products to its customers. Hims &amp; Hers has experienced robust growth by making it convenient and accessible to get precise treatment for things like hair loss, weight loss, and sexual wellness, all from the comfort of home. Growth has been phenomenal, with revenue up 90% year over year in the first half of 2025, which signals that it is tapping into a truly enormous business opportunity.</p>
<div class="lb-trans"><p>Hims 遵循亞馬遜的商業模式，從小規模開始，然後擴大產品選擇。Hims &amp; Hers 通過方便和可及的方式提供針對脱髮、減肥和性健康等問題的精準治療，取得了強勁的增長，所有這些都可以在家中完成。增長非常顯著，2025 年上半年收入同比增長 90%，這表明它正在抓住一個真正巨大的商業機會。</p>
</div><p>Just as it would have been a mistake to pigeonhole Amazon into the label of an online bookstore 20 years ago, investors shouldn't expect Hims &amp; Hers to remain static. It will most likely look like a different business in 10 years than it is today. This company has big ambitions. Co-founder and CEO Andrew Dudum has expressed the long-term goal of expanding its offering to new specialties and significantly expanding its addressable market.</p>
<div class="lb-trans"><p>正如 20 年前將亞馬遜侷限於在線書店的標籤是一個錯誤一樣，投資者也不應期望 Hims &amp; Hers 保持靜態。它在 10 年後很可能會與今天的業務大相徑庭。該公司有着宏大的抱負。聯合創始人兼首席執行官 Andrew Dudum 表達了將其產品擴展到新專業領域並顯著擴大其可服務市場的長期目標。</p>
</div><p>If there's one thing to build conviction around the long-term opportunity for Hims &amp; Hers, it's the company's talented executive team. Chief Operating Officer Nader Kabbani formerly worked at Amazon for almost two decades, where he helped build the operations that support Amazon Logistics, Kindle, and Prime Video. Chief Technology Officer Mo Elshenawy also worked at Amazon, in addition to leading various projects in artificial intelligence (AI) across e-commerce and cloud computing, while Chief Product Officer Dheerja Kaur was formerly vice president of product at Robinhood.</p>
<div class="lb-trans"><p>如果有一件事可以讓人對 Hims &amp; Hers 的長期機會建立信心，那就是公司的優秀管理團隊。首席運營官納德·卡巴尼（Nader Kabbani）曾在亞馬遜工作近二十年，幫助建立了支持亞馬遜物流、Kindle 和 Prime Video 的運營。首席技術官莫·埃爾申納維（Mo Elshenawy）也曾在亞馬遜工作，並領導了多個與電子商務和雲計算相關的人工智能（AI）項目，而首席產品官迪爾賈·考爾（Dheerja Kaur）曾是 Robinhood 的產品副總裁。</p>
</div><p>Elshenawy's experience in AI will be a valuable asset as Hims &amp; Hers builds personalized AI agents that can offer 24/7 support to customers. These agents, combined with an expanding assortment of treatments for health issues, could drive tremendous long-term growth in revenue and profits.</p>
<div class="lb-trans"><p>埃爾申納維在人工智能方面的經驗將成為 Hims &amp; Hers 的寶貴資產，因為該公司正在構建個性化的 AI 代理，能夠為客户提供 24/7 的支持。這些代理結合不斷擴展的健康問題治療方案，可能會推動收入和利潤的巨大長期增長。</p>
</div><p>The reality of healthcare is that Hims may be faced with legal and regulatory challenges at some point, but the long-term upside from expanding selection and implementing a customer-centric strategy using AI more than compensates for these risks. The company's $13 billion market cap seems low for a company that is working to make treatments more accessible and affordable in a $5 trillion industry.</p>
<div class="lb-trans"><p>醫療保健的現實是，Hims 可能在某個時候面臨法律和監管挑戰，但通過擴大選擇和實施以客户為中心的 AI 戰略所帶來的長期收益，足以彌補這些風險。該公司的 130 億美元市值對於一家致力於在一個 5 萬億美元的行業中使治療更易獲得和負擔得起的公司來説，似乎偏低。</p>
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The Secret to Finding the Next Amazon Is Hiding in Plain Sight

- 亞馬遜的成功為成長型股票設定了基準。  
- Robinhood 和 Hims & Hers Health 被視為金融和醫療行業的潛在亞馬遜。  
- 兩家公司均通過創新和客户導向策略實現了顯著增長。  

尋找下一個亞馬遜的秘密其實就隱藏在顯而易見的地方