$STRL · The Motley Fool · 2026-10-29
Sterling的难点在于其AI驱动收入的持续性以及这部分未来收入值多少，因为一次性的AI题材很难按永续盈利来估值。收购其他承包商——包括近期的一家电气承包商——可能把更多工作纳入内部，并使业务在一次性场地准备之外更加稳固。
逐段跳播
Sterling，问题就在于这种生意能持续多久，以及那部分未来收入值多少钱？因为我们给大多数股票估值，是基于它们将永远赚多少钱。而对于一些一次性的 AI 标的，这真的很难做到。
Sterling, it's just a matter of, you know, how much is how long is it going to last and how much is that future revenue worth? because most stocks we value based on how much they're going to earn in perpetuity.
That's really tough to do with the some of the the one and done uh AI plays.
如果我没记错的话，Sterling Infrastructure 试图应对这个问题的方式之一，就是开始收购其他承包商，而不只是浇筑混凝土、做场地准备工作的那种。我记得他们最近收购了一家电气承包商，也许也把它纳入内部。
也许是在巩固业务，让业务不再只有那种一次性的成分。
And one of the ways, if I remember correctly, Sterling Infrastructure is trying to address this is they are starting to acquire other contractors that aren't just pouring concrete doing uh doing sort of the the site preparation work.
I think they recently bought an electrical contractor and maybe bringing that in-house as well. Maybe solidifying their business to move just not having that one and done sort of aspect of their business.