来源：市场资讯 然而，并非所有行业都能在这一年收获佳绩。医疗保健行业的联合健康受困于医疗成本上升以及司法部 对其计费行为的调查，全年股价下跌33.14%。同样，客户关系管理领域的领军企业赛富时面临软件市 场饱和的挑战，股价下跌20.25%。耐克和宝洁等消费品公司也未能幸免，股价分别下跌13.83%和 12.26%。 对投资者而言，在当前的市场环境中，选择投资方向需更加审慎。一方面，人工智能和科技创新为相关 行业企业带来了新的增长机遇，卡特彼勒等公司的表现即是明证。另一方面，一些传统行业由于内部和 外部的多重压力，可能在未来一段时间继续面临挑战。因此，在资产配置时，投资者需密切关注全球经 济数据、公司财报及行业动态，以便及时调整投资策略。 卡特彼勒强势表现的背后，是全球对人工智能驱动数据中心需求的激增，这也推动了公司备用发电系统 的销售。数据中心作为现代信息基础设施的核心，其对于可靠电力支持的需求不断增长，为卡特彼勒相 关产品带来了持续的市场需求。同时，全球资本市场的复苏也为大型企业的业绩表现提供了良好的外部 环境。 在这股市场复苏的浪潮中，高盛和摩根大通等金融巨头表现不俗，全年涨幅分别达到56.64%和 37 ...

Core Viewpoint - Despite macroeconomic uncertainties causing market volatility, investors should focus on high-quality stocks that can deliver substantial long-term returns, as identified by top analysts based on solid fundamentals and growth potential [1] Group 1: Nvidia - Nvidia reported results for Q1 FY2026 that significantly exceeded market expectations, maintaining confidence in AI infrastructure demand despite chip export restrictions [2] - Analyst Harlan Sur from JPMorgan reiterated a "Buy" rating with a target price of $170, noting that while H20 chip export restrictions impacted some sales, overall revenue remained robust [2] - The anticipated 16% quarter-over-quarter growth in data center revenue for the July quarter is driven by increased customer investment in AI and accelerated computing projects [2] - Nvidia's strong demand for the Blackwell platform is expected to lead to supply shortages in upcoming quarters, supported by partnerships with large data centers in regions like the UAE, Saudi Arabia, and Taiwan [2] Group 2: Zscaler - Zscaler's Q3 performance surpassed expectations, driven by increased demand for its zero-trust exchange platform and AI security solutions [4] - Analyst Brian Essex raised the target price from $275 to $292 while maintaining a "Buy" rating, highlighting Zscaler's strong quarterly performance amid macro pressures faced by peers [4] - The company has raised its annual revenue, profit, and billing guidance, with annual recurring revenue (ARR) nearing $1 billion, driven by emerging products like "full-domain zero trust" and "intelligent operations" [4] - Zscaler's customer growth momentum remains strong, with a 23% year-over-year increase in customers with ARR exceeding $1 million [4] Group 3: Salesforce - Salesforce reported Q1 FY2026 revenue and earnings that exceeded expectations and raised its full-year guidance, while announcing an $8 billion acquisition of data management firm Informatica [5] - Analyst Derrick Wood from TD Cowen reiterated a "Buy" rating with a target price of $375, noting strong signals of demand from the expansion of the sales team [5] - The company is experiencing rapid growth in AI applications, with data cloud and AI-related ARR increasing over 120% year-over-year, and 30% of new orders coming from existing customers [5] - Salesforce is reinvesting cost savings from AI into growth areas, with a notable increase in the sales pipeline growing at a double-digit rate [6]