{"id":542211,"date":"2023-08-02T13:17:34","date_gmt":"2023-08-02T10:17:34","guid":{"rendered":"https:\/\/www.etoro.com\/?page_id=542211"},"modified":"2025-07-29T10:48:27","modified_gmt":"2025-07-29T07:48:27","slug":"value-vs-growth-stocks","status":"publish","type":"page","link":"https:\/\/www.etoro.com\/ro\/investing\/value-vs-growth-stocks\/","title":{"rendered":"Ac\u021biuni de cre\u0219tere vs ac\u021biuni de valoare"},"content":{"rendered":"\n<p class=\"is-style-summary\">Ac\u021biunile de cre\u0219tere \u0219i valoare joac\u0103 un rol important \u00een lumea investi\u021biilor. Fiecare abordare \u00ee\u0219i propune s\u0103 ating\u0103 anumite obiective, adres\u00e2ndu-se investitorilor cu profiluri de risc \u0219i obiective financiare diferite. \u00cen acest articol vom afla ce sunt, cum func\u021bioneaz\u0103 \u0219i cum po\u021bi g\u0103si ac\u021biuni de cre\u0219tere \u0219i de valoare.<\/p>\n\n\n\n<hr class=\"wp-block-separator wp-block-separator-color-dark-grey wp-block-separator-spaces-medium wp-block-separator-weight-1\"\/>\n\n\n\n<p>Valoarea \u0219i cre\u0219terea se refer\u0103 la <strong>dou\u0103 <\/strong><a href=\"https:\/\/www.etoro.com\/ro\/investing\/how-to-choose-what-asset-class-to-invest-in\/\"><strong>categorii de ac\u021biuni<\/strong><\/a><strong> \u0219i la strategiile de investi\u021bii construite pe baza acestora<\/strong>. Dac\u0103 investitorii doresc s\u0103 construiasc\u0103 un <strong>portofoliu <\/strong> care combin\u0103 diferite strategii investi\u021bionale, o abordare clasic\u0103 ar presupune ad\u0103ugarea \u00een cadrul acestuia at\u00e2t a ac\u021biunilor de cre\u0219tere, c\u00e2t \u0219i a ac\u021biunilor de valoare.<\/p>\n\n\n\n<p>Pe l\u00e2ng\u0103 asem\u0103n\u0103ri, exist\u0103 \u0219i <strong>diferen\u021be fundamentale<\/strong> <strong>\u00eentre cele dou\u0103 categorii de ac\u021biuni<\/strong>. Majoritatea investitorilor, de regul\u0103, manifest\u0103 o preferin\u021b\u0103 pentru una din ele, \u00een detrimentul celeilalte.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Ce sunt ac\u021biunile de cre\u0219tere \u0219i de valoare?<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Value-vs-growth-stocks-Body-Image-1_-What-are-growth-stocks-and-value-stocks_.png\" alt=\"\" class=\"wp-image-667874 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Value-vs-growth-stocks-Body-Image-1_-What-are-growth-stocks-and-value-stocks_.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Value-vs-growth-stocks-Body-Image-1_-What-are-growth-stocks-and-value-stocks_-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<p>Ac\u021biunile sunt clasificate de cele mai multe ori \u00een <strong>dou\u0103 categorii: de <\/strong><a href=\"https:\/\/www.etoro.com\/ro\/news-and-analysis\/trading\/investitii-in-crestere\/\"><strong>cre\u0219tere<\/strong><\/a><strong> \u0219i de <\/strong><a href=\"https:\/\/www.etoro.com\/ro\/investing\/value-investing\/\"><strong>valoare<\/strong><\/a>. Investitorii pot ad\u0103uga \u00een portofoliile lor ambele categorii de ac\u021biuni, iar g\u0103sirea combina\u021biei potrivite dintre acestea poate contribui la <strong>diversificarea<\/strong> portofoliului.<\/p>\n\n\n\n<p>Ac\u021biunile de cre\u0219tere apar\u021bin companiilor despre care investitorii cred c\u0103 vor oferi randamente mai bune dec\u00e2t cele a\u0219teptate. Ac\u021biunile de valoare se refer\u0103 la companii despre care investitorii cred c\u0103 sunt subevaluate pe pia\u021b\u0103. <strong>\u00cen\u021belegerea activelor este crucial\u0103<\/strong>, a\u0219a c\u0103 merit\u0103 s\u0103 afli exact ce ofer\u0103 fiecare tip de ac\u021biuni.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ce sunt ac\u021biunile de cre\u0219tere?<\/h3>\n\n\n\n<p><mark>Ac\u021biunile de cre\u0219tere se refer\u0103 la ac\u021biuni ale companiilor despre care se previzioneaz\u0103 c\u0103 vor \u00eenregistra <strong>cre\u0219teri ale veniturilor \u0219i profiturilor peste media<\/strong> de pe pia\u021b\u0103. Aceste companii activeaz\u0103, de obicei, \u00een sectoare cu cre\u0219tere rapid\u0103, precum <a href=\"https:\/\/www.etoro.com\/ro\/discover\/markets\/stocks\/sector\/electronic-technology\">tehnologia<\/a>, <a href=\"https:\/\/www.etoro.com\/ro\/discover\/markets\/stocks\/sector\/health-technology\">tehnica medical\u0103<\/a> sau comer\u021bul electronic. <\/mark><\/p>\n\n\n\n<p>Companiile de cre\u0219tere aleg adesea s\u0103-\u0219i <strong>reinvesteasc\u0103 profiturile<\/strong> pentru a-\u0219i finan\u021ba activit\u0103\u021bile de cercetare, dezvoltare \u0219i extindere, \u00een loc s\u0103 pl\u0103teasc\u0103 <strong>dividende <\/strong><strong> <\/strong>ac\u021bionarilor. Acest lucru le permite s\u0103-\u0219i extind\u0103 prezen\u021ba pe pia\u021b\u0103, s\u0103 lanseze produse noi, sau s\u0103 achizi\u021bioneze alte companii pentru a-\u0219i men\u021bine traiectoria de cre\u0219tere.<\/p>\n\n\n\n<p>De\u0219i are multiple beneficii, <strong>investi\u021bia \u00een ac\u021biuni de cre\u0219tere implic\u0103 \u0219i anumite riscuri<\/strong>. Aceste ac\u021biuni sunt adesea mai volatile, deoarece previziunile pie\u021bei se pot schimba rapid, ceea ce determin\u0103 <strong>fluctua\u021bii <\/strong>nea\u0219teptate ale pre\u021burilor. \u00cen plus, dac\u0103 previziunile de cre\u0219tere nu sunt atinse, evaluarea ac\u021biunilor poate fi afectat\u0103, influen\u021b\u00e2nd randamentul investitorilor.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat: <\/strong>Ad\u0103ugarea \u00een portofoliu a ac\u021biunilor de cre\u0219tere ofer\u0103 adesea investitorului un raport risc\/rentabilitate mai bun.&nbsp;<\/p>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Ce sunt ac\u021biunile de valoare?<\/h3>\n\n\n\n<p>Ac\u021biunile de valoare sunt <strong>ac\u021biuni ale companiilor care sunt considerate a fi subevaluate pe pia\u021b\u0103<\/strong>. Aceste companii ar putea avea situa\u021bii financiare solide, fluxuri de numerar stabile \u0219i active care nu se reflect\u0103 pe deplin \u00een pre\u021burile ac\u021biunilor lor.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.etoro.com\/ro\/investing\/value-investing\/\">Investi\u021biile de valoare<\/a> implic\u0103 identificarea companiilor ale c\u0103ror <strong>ac\u021biuni se tranzac\u021bioneaz\u0103 sub valoarea intrinsec\u0103<\/strong> pe care o au. Investitorii caut\u0103 <a href=\"https:\/\/www.etoro.com\/ro\/investing\/why-should-i-start-investing\/\">oportunit\u0103\u021bi de a cump\u0103ra ac\u021biuni<\/a> de acest tip \u0219i <strong>folosesc analiza fundamental\u0103<\/strong> pentru a le identifica.&nbsp;<\/p>\n\n\n\n<p>De regul\u0103, acest tip de active sunt <strong>p\u0103strate \u00een portofoliu pe termen lung<\/strong>, pentru a putea valorifica aprecierea de pre\u021b care va avea loc atunci c\u00e2nd pia\u021ba le va recunoa\u0219te adev\u0103rata valoare.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"wp-block-table-content\"><div class=\"wp-block-table-content-nav wp-block-table-content-nav-left\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-left\"><\/div><\/div><div class=\"wp-block-table-content-nav wp-block-table-content-nav-right\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-right\"><\/div><\/div><div class=\"wp-block-table-content-table\"><table><thead><tr><th><strong>Ac\u021biuni de cre\u0219tere<\/strong><\/th><th><strong>Ac\u021biuni de valoare<\/strong><\/th><\/tr><\/thead><tbody><tr><td>Se previzioneaz\u0103 <strong>\u00eenregistrarea unei performan\u021be<\/strong> <strong>mai bune<\/strong><\/td><td>Sunt <strong>subevaluate de pia\u021b\u0103<\/strong>, tranzac\u021bion\u00e2ndu-se sub valoarea intrinsec\u0103<\/td><\/tr><tr><td>Companiile care le emit fac parte din <strong>industriile cu cre\u0219tere rapid\u0103<\/strong><\/td><td>Companiile care le emit fac parte din <strong>industriile tradi\u021bionale<\/strong>, au situa\u021bii financiare \u0219i fluxuri de numerar stabile<\/td><\/tr><tr><td><strong>Raport ridicat P\/E<\/strong>, concentrare pe poten\u021bial<\/td><td><strong>Rapoarte sc\u0103zute P\/E, P\/B<\/strong><\/td><\/tr><tr><td>Companiile emitente, de regul\u0103, <strong>nu acord\u0103 <\/strong><a href=\"https:\/\/www.etoro.com\/ro\/investing\/what-are-dividends\/\"><strong>dividende<\/strong><\/a>, ci reinvestesc profiturile pentru extindere \u0219i dezvoltare<\/td><td>Companiile emitente <strong>ofer\u0103, de regul\u0103,&nbsp; dividende<\/strong><\/td><\/tr><tr><td><strong>Volatilitate<\/strong><strong> <\/strong><strong>mai mare<\/strong>, mai speculative<\/td><td><strong>Volatilitate mai sc\u0103zut\u0103<\/strong>, mai pu\u021bin riscante<\/td><\/tr><tr><td><strong>Atrag investitori dispu\u0219i s\u0103-\u0219i asume riscuri mai mari<\/strong> pentru poten\u021biale randamente ridicate<\/td><td><strong>Atrag investitori care caut\u0103 randamente \u0219i venituri stabile<\/strong><\/td><\/tr><tr><td><strong>Tranzac\u021bionate pe termen scurt \u0219i mediu<\/strong><\/td><td><strong>Tranzac\u021bionate pe termen mediu \u0219i lung<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Cum s\u0103 g\u0103se\u0219ti ac\u021biuni de cre\u0219tere sau de valoare<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/05\/Value-vs-growth-stocks-Body-Image-2_-How-to-define-if-an-investment-is-a-growth-or-value_.png\" alt=\"\" class=\"wp-image-614439 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/05\/Value-vs-growth-stocks-Body-Image-2_-How-to-define-if-an-investment-is-a-growth-or-value_.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/05\/Value-vs-growth-stocks-Body-Image-2_-How-to-define-if-an-investment-is-a-growth-or-value_-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<p>\u00cen <a href=\"https:\/\/www.etoro.com\/ro\/investing\/how-to-build-a-diversified-portfolio\/\">construirea unui portofoliu bine diversificat<\/a>, <strong>at\u00e2t ac\u021biunile de cre\u0219tere, c\u00e2t \u0219i cele de valoare joac\u0103 un rol important<\/strong>. Investitorii trebuie s\u0103-\u0219i stabileasc\u0103 obiectivele de investi\u021bie, toleran\u021ba la risc \u0219i orizontul investi\u021bional pentru a decide alocarea adecvat\u0103 a fiec\u0103rei categorii.<\/p>\n\n\n\n<p><mark>Investitorii de tip cre\u0219tere caut\u0103 companii de \u00eenalt\u0103 calitate care au poten\u021bialul de a oferi o cre\u0219tere peste media oferit\u0103 de pia\u021b\u0103, \u00een timp ce investitorii de tip valoare caut\u0103 ac\u021biuni care se tranzac\u021bioneaz\u0103 la un pre\u021b mai mic dec\u00e2t valoarea lor real\u0103. <\/mark><\/p>\n\n\n\n<p>Printre ac\u021biunile de tip cre\u0219tere <strong>cunoscute publicului larg<\/strong>, se num\u0103r\u0103 <a href=\"https:\/\/www.etoro.com\/ro\/markets\/amzn\">Amazon<\/a>, <a href=\"https:\/\/www.etoro.com\/ro\/markets\/aapl\">Apple<\/a>, <a href=\"https:\/\/www.etoro.com\/ro\/markets\/goog\">Alphabet<\/a>, Moderna, Tesla. Investitorii \u00een ac\u021biuni de tip valoare v\u0103d mai multe oportunit\u0103\u021bi \u00een companii precum Bank of America, JPMorgan Chase, Coca-Cola, Exxon Mobil, Chevron, <a href=\"https:\/\/www.etoro.com\/ro\/markets\/jnj\">Johnson &amp; Johnson<\/a>.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat: <\/strong>Investitorii pot folosi analiza tehnic\u0103 \u0219i cea fundamental\u0103 pentru a identifica ac\u021biunile de cre\u0219tere \u0219i de valoare.<\/p>\n<\/div><\/div>\n\n\n\n<p>Investitorii care \u00ee\u0219i doresc s\u0103 adauge \u00een portofoliul lor ac\u021biuni de cre\u0219tere \u0219i de valoare trebuie s\u0103 ia \u00een considerare anumi\u021bi <strong>factori care pot influen\u021ba evolu\u021bia unei companii<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>ac\u021biuni de cre\u0219tere<\/strong> \u2014 trebuie s\u0103 se concentreze pe poten\u021bialul de cre\u0219tere a veniturilor \u0219i a c\u00e2\u0219tigurilor, inova\u021biei \u0219i expansiunii pie\u021bei.<\/li>\n\n\n\n<li><strong>ac\u021biuni de valoare<\/strong> \u2014 trebuie s\u0103 pun\u0103 accent pe fluxurile de numerar stabile, bilan\u0163urile solide \u0219i subevaluarea bazat\u0103 pe valori financiare.<\/li>\n<\/ul>\n\n\n\n<p><strong>Previziunile \u0219i abordarea investi\u021bional\u0103 joac\u0103 un rol esen\u021bial<\/strong> \u00een construirea portofoliului. O ac\u021biune poate fi considerat\u0103 a fi de cre\u0219tere sau de valoare pe baza evalu\u0103rii pe care investitorul o face asupra perspectivelor sale viitoare, a tendin\u021belor din industrie \u0219i a condi\u021biilor pie\u021bei.<\/p>\n\n\n\n<p>Totu\u0219i, <strong>clasificarea ac\u021biunilor \u00een una dintre cele dou\u0103 categorii poate fi considerat\u0103 subiectiv\u0103<\/strong>, exist\u00e2nd, de multe ori, p\u0103reri contradictorii din partea investitorilor. At\u00e2t ac\u021biunile de cre\u0219tere, c\u00e2t \u0219i cele de valoare pot prezenta poten\u021bial de cre\u0219tere sau pot fi subevaluate \u00eentr-un anumit moment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cre\u0219tere sau valoare \u2013 care este cea mai bun\u0103 strategie?<\/h2>\n\n\n\n<p><strong>At\u00e2t strategia de cre\u0219tere, c\u00e2t \u0219i cea de valoare, au propriile avantaje \u0219i riscuri, astfel c\u0103 nu se poate spune c\u0103 una este mai bun\u0103 dec\u00e2t cealalt\u0103.<\/strong> Putem spune cel mult c\u0103 una dintre ele se potrive\u0219te mai bine unui anumit investitor, comparativ cu cealalt\u0103.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-etoro-emphasis wp-block-etoro-emphasis-border-green\">\n<p>Investitorii pot ad\u0103uga \u00een portofoliile lor ambele categorii de ac\u021biuni, iar g\u0103sirea combina\u021biei potrivite dintre acestea poate contribui la diversificarea portofoliului.<\/p>\n<\/div>\n\n\n\n<p>Deoarece <strong>cele dou\u0103 abord\u0103ri investi\u021bionale se completeaz\u0103 reciproc<\/strong>, ele pot contribui la <a href=\"https:\/\/www.etoro.com\/ro\/investing\/how-to-build-a-diversified-portfolio\/\">diversificarea portofoliului<\/a> atunci c\u00e2nd sunt folosite \u00eempreun\u0103. Prin alinierea strategiei de <a href=\"https:\/\/www.etoro.com\/ro\/stocks\/stock-market-for-beginners\/\">investi\u021bii<\/a> cu obiectivele financiare, investitorii pot determina combina\u021bia optim\u0103 dintre ac\u021biuni de cre\u0219tere \u0219i valoare pentru a crea un portofoliu diversificat.<\/p>\n\n\n\n<p><strong>Combinarea ambelor strategii poate oferi o abordare echilibrat\u0103<\/strong>, investitorii av\u00e2nd posibilitatea de a beneficia de expunerea la diverse tendin\u021be, valorific\u00e2nd diferite condi\u021bii de pia\u021b\u0103 \u0219i cicluri economice. De exemplu:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li>Ac\u021biunile de cre\u0219tere <strong>ofer\u0103 un poten\u021bial de cre\u0219tere mai mare \u0219i sunt mai volatile, \u00eenregistr\u00e2nd rezultate mai bune pe pie\u021bele \u00een cre\u0219tere<\/strong>. Acestea se concentreaz\u0103 pe sectoare inovatoare \u0219i pe c\u00e2\u0219tiguri pe termen scurt \u0219i mediu.<\/li>\n\n\n\n<li>Ac\u021biunile de valoare <strong>ofer\u0103 stabilitate, pl\u0103tesc dividende \u0219i func\u021bioneaz\u0103 bine \u00een timpul corec\u021biilor sau a recesiunilor economice<\/strong>. Acestea se concentreaz\u0103 pe industriile consacrate \u0219i sunt preferate de cei care au un orizont investi\u021bional mai lung.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><mark>Ac\u021biunile de cre\u0219tere \u0219i de valoare r\u0103spund \u00een mod diferit at\u00e2t la condi\u021biile de pia\u021b\u0103, c\u00e2t \u0219i la ciclurile economice. Astfel, un portofoliu format din ambele categorii de ac\u021biuni poate ajuta la echilibrarea riscurilor \u0219i a rentabilit\u0103\u021bii poten\u021biale, investitorii asigur\u00e2ndu-se c\u0103 acesta se adapteaz\u0103 la diferite scenarii de pia\u021b\u0103. <\/mark><\/p>\n\n\n\n<p>O compara\u021bie \u00eentre evolu\u021biile indicilor S&amp;P 500 Value \u0219i Growth eviden\u021biaz\u0103 <strong>caracterul ciclic al investi\u021biilor de valoare \u0219i <a href=\"https:\/\/www.etoro.com\/ro\/investing\/growth-investing\/\">cre\u0219tere<\/a><\/strong>. Astfel, dup\u0103 cum poate fi observat \u0219i pe graficul de mai jos, \u00een perioada 2000-2007, ac\u021biunile de valoare au crescut, iar \u00eentre 2007-2022, ac\u021biunile de cre\u0219tere au fost cele care au \u00eenregistrat performan\u021be mai bune.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.westernsouthern.com\/touchstone\/insights\/growth-vs-value-equities\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"925\" height=\"535\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/08\/ROSP_.png\" alt=\"\" class=\"wp-image-673104 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/08\/ROSP_.png 925w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/08\/ROSP_-300x174.png 300w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/08\/ROSP_-768x444.png 768w\" sizes=\"(max-width: 925px) 100vw, 925px\" \/><\/a><\/figure>\n\n\n\n<p class=\"is-style-disclaimer\">Performan\u021ba \u00eenregistrat\u0103 anterior nu reprezint\u0103 un indicator asupra rezultatelor viitoare.<\/p>\n\n\n\n<p>Sursa: <a href=\"https:\/\/www.westernsouthern.com\/touchstone\/insights\/growth-vs-value-equities\" target=\"_blank\" rel=\"noreferrer noopener\">Western Southern<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/05\/Value-vs-growth-stocks-Body-Image-3_-Growth-or-value-which-is-the-best-strategy_.png\" alt=\"\" class=\"wp-image-614418 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/05\/Value-vs-growth-stocks-Body-Image-3_-Growth-or-value-which-is-the-best-strategy_.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/05\/Value-vs-growth-stocks-Body-Image-3_-Growth-or-value-which-is-the-best-strategy_-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Concluzie<\/h2>\n\n\n\n<p>At\u00e2t ac\u021biunile de cre\u0219tere, c\u00e2t \u0219i cele de valoare au beneficii \u0219i atrag diferite <a href=\"https:\/\/www.etoro.com\/ro\/investing\/what-type-of-investor-are-you\/\">tipuri de investitori<\/a>, \u00een func\u021bie de obiectivele lor de investi\u021bii, toleran\u021ba la risc \u0219i perspectivele pie\u021bei. Condi\u021biile de pia\u021b\u0103 sunt imprevizibile, iar <strong>includerea ambelor categorii de ac\u021biuni \u00een portofoliu<\/strong> permite valorificarea de oportunit\u0103\u021bi \u00een diverse medii de pia\u021b\u0103.<\/p>\n\n\n\n<p>Intr\u0103 pe <a href=\"https:\/\/www.etoro.com\/ro\/academy\/\">Academia eToro<\/a> pentru a afla mai multe despre ac\u021biunile de cre\u0219tere \u0219i de valoare.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u00centreb\u0103ri frecvente<\/h2>\n\n\n\n<dl class=\"wp-block-etoro-faq\">\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Care strategie este mai greu de \u00eenv\u0103\u021bat, de cre\u0219tere sau de valoare?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Curba de \u00eenv\u0103\u021bare pentru strategiile de valoare sau de cre\u0219tere poate varia \u00een func\u021bie de interesele personale, cuno\u0219tin\u021bele \u0219i experien\u021ba investitorului. \u00cen cazul ambelor strategii, investitorii trebuie s\u0103 \u00eenve\u021be \u0219i s\u0103 se documenteze pentru a le putea pune \u00een aplicare cu succes.<\/p>\n\n\n\n<p>Investi\u021bia de valoare poate implica o analiz\u0103 mai am\u0103nun\u021bit\u0103 a rapoartelor \u0219i a situa\u021biilor financiare pentru a putea determina valoarea corect\u0103 a unei <a href=\"https:\/\/help.etoro.com\/s\/article\/how-to-find-stocks-in-the-platform?language=ro\">ac\u021biuni<\/a>, \u00een timp ce investi\u021biile de cre\u0219tere pot implica studierea mai detaliat\u0103 a tendin\u021belor din industrie \u0219i a progreselor tehnologice.&nbsp;<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Ce instrumente po\u021bi folosi pentru a g\u0103si ac\u021biuni de cre\u0219tere \u0219i valoare?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Pentru a g\u0103si ac\u021biuni de cre\u0219tere \u0219i valoare po\u021bi utiliza instrumente de screening de ac\u021biuni, site-uri financiare \u0219i platforme de \u0219tiri pentru analizarea tendin\u021belor \u0219i a condi\u021biilor de pia\u021b\u0103. De asemenea, po\u021bi accesa rapoarte de cercetare, <a href=\"https:\/\/www.etoro.com\/ro\/investing\/earnings-reports\/\">rapoarte anuale<\/a> \u0219i situa\u021bii financiare pentru a putea evalua companiile.<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Ce alte strategii a\u0219 putea folosi pentru a tranzac\u021biona ac\u021biuni?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Alte strategii care ar putea fi folosite pentru a tranzac\u021biona ac\u021biuni includ investi\u021biile \u00een dividende, investi\u021bii bazate pe venituri, <a href=\"https:\/\/www.etoro.com\/ro\/investing\/ethical-investing\/\">investi\u021bii durabile<\/a> (SRI, ESG \u0219i de impact), investi\u021biile bazate pe trend, investi\u021biile meme \u0219i investi\u021biile momentum. Este important s\u0103 alegi o strategie care se aliniaz\u0103 cu toleran\u021ba pe care o ai la risc, orizontul investi\u021bional \u0219i obiectivele tale de investi\u021bii \u0219i s\u0103 analizezi at\u00e2t avantajele, c\u00e2t \u0219i riscurile fiec\u0103rei strategii \u00eenainte de implementarea ei.<\/p>\n<\/dd><\/div>\n<\/dl>\n\n\n\n\t\t<style>\n\t\t\t.rtl .etoro-block-shortcode-disclaimer {\n\t\t\t\ttext-align:right;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\tmargin-bottom:18px;\n\t\t\t\ttext-align:left;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer p{\n\t\t\t\tfont-size: 12px;\n\t\t\t\tline-height: 18px;\n\t\t\t}\n\t\t\t@media (min-width: 768px) {\n\t\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\t\tmax-width:1176px;\n\t\t\t\t\ttext-align:center;\n\t\t\t\t}\n\t\t\t\t.etoro-block-shortcode-disclaimer p {\n\t\t\t\t\tfont-size: 14px;\n\t\t\t\t\tline-height: 20px;\n\t\t\t\t}\n\t\t\t}\n\t\t<\/style>\n\t\t<div class='etoro-block-shortcode-disclaimer'><p>Informa\u021biile din acest ghid au exclusiv scop educativ \u0219i nu ar trebui considerate drept sfaturi pentru investi\u021bii sau recomand\u0103ri personale, nici oferte sau solicit\u0103ri de cump\u0103rare sau v\u00e2nzare a oric\u0103ror instrumente financiare.<\/p>\n<p>Acest material a fost preg\u0103tit f\u0103r\u0103 a lua \u00een considerare orice fel de obiective particulare de investi\u021bii sau situa\u021bii financiare \u0219i nu a fost creat \u00een conformitate cu cerin\u021bele legale \u0219i de reglementare a promov\u0103rii cercet\u0103rii independente.<\/p>\n<p><strong>Nu toate instrumentele \u0219i serviciile financiare men\u021bionate sunt oferite de eToro<\/strong> \u0219i orice referiri la performan\u021ba anterioar\u0103 a unui instrument financiar, index sau pachet de investi\u021bii, nu sunt \u0219i nu ar trebui considerare un indicator fiabil al rezultatelor viitoare. <strong>Disponibilitatea tuturor produselor \u0219i serviciilor men\u021bionate mai sus poate varia \u00een func\u021bie de jurisdic\u021bie \u0219i \u021bar\u0103.<\/strong><\/p>\n<p>eToro nu face nicio declara\u021bie \u0219i nu \u00ee\u0219i asum\u0103 nicio responsabilitate cu privire la acurate\u021bea sau caracterul complet al con\u021binutului acestui ghid. Asigur\u0103-te c\u0103 \u00een\u021belegi riscurile implicate \u00een tranzac\u021bionare \u00eenainte de a implica capital. Nu risca niciodat\u0103 mai mult dec\u00e2t e\u0219ti preg\u0103tit s\u0103 pierzi.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ac\u021biunile de cre\u0219tere \u0219i valoare joac\u0103 un rol important \u00een lumea investi\u021biilor. Fiecare abordare \u00ee\u0219i propune s\u0103 ating\u0103 anumite obiective, adres\u00e2ndu-se investitorilor cu profiluri de risc \u0219i obiective financiare diferite. \u00cen acest articol vom afla ce sunt, cum func\u021bioneaz\u0103 \u0219i cum po\u021bi g\u0103si ac\u021biuni de cre\u0219tere \u0219i de valoare. Valoarea \u0219i cre\u0219terea se refer\u0103 la&hellip;<\/p>\n","protected":false},"author":107,"featured_media":672915,"parent":31829,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"sticky_cta_settings":"","footnotes":""},"asset_type":[],"class_list":["post-542211","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<title>Diferen\u021bele dintre ac\u021biunile de cre\u0219tere \u0219i de valoare<\/title>\n<meta name=\"description\" content=\"Afl\u0103 care sunt caracteristicile ac\u021biunilor de cre\u0219tere \u0219i de valoare. 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