{"id":76073,"date":"2025-04-10T00:10:10","date_gmt":"2025-04-09T22:10:10","guid":{"rendered":"https:\/\/www.infokuryr.cz\/n\/?p=76073"},"modified":"2025-04-09T19:09:56","modified_gmt":"2025-04-09T17:09:56","slug":"zazily-americke-akcie-nejhorsi-den-od-pandemie-nebo-nejvetsi-investicni-prilezitost","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2025\/04\/10\/zazily-americke-akcie-nejhorsi-den-od-pandemie-nebo-nejvetsi-investicni-prilezitost\/","title":{"rendered":"Za\u017eily americk\u00e9 akcie nejhor\u0161\u00ed den od pandemie nebo nejv\u011bt\u0161\u00ed investi\u010dn\u00ed p\u0159\u00edle\u017eitost?"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n<p><em>Minul\u00fd \u010dtvrtek zaznamenal americk\u00fd akciov\u00fd trh nejprud\u0161\u00ed pokles od pandemie COVID-19 v roce 2020. Tento v\u00fdvoj byl zp\u016fsoben zaveden\u00edm recipro\u010dn\u00edch cel ze strany Spojen\u00fdch st\u00e1t\u016f, kter\u00e9 podepsal prezident Donald Trump. I kdy\u017e tato situace p\u0159edstavuje ur\u010dit\u00e1 kr\u00e1tkodob\u00e1 rizika pro kapit\u00e1lov\u00e9 trhy, otev\u00edr\u00e1 tak\u00e9 mimo\u0159\u00e1dn\u011b zaj\u00edmav\u00e9 investi\u010dn\u00ed p\u0159\u00edle\u017eitosti v dlouhodob\u00e9m horizontu. Fundament\u00e1ln\u011b siln\u00e9 spole\u010dnosti se nyn\u00ed obchoduj\u00ed s cenov\u00fdmi slevami v des\u00edtk\u00e1ch procent, co\u017e p\u0159edstavuje nejv\u00fdhodn\u011bj\u0161\u00ed n\u00e1kupn\u00ed podm\u00ednky za posledn\u00edch p\u011bt let.<\/em><\/p>\n<h3><strong>Jak postupovat p\u0159i v\u00fdb\u011bru akci\u00ed?<\/strong><\/h3>\n<p>Z dlouhodob\u00e9ho hlediska je kl\u00ed\u010dov\u00fdm pil\u00ed\u0159em \u00fasp\u011bchu spr\u00e1vn\u00e1 diverzifikace. O\u010dek\u00e1vat, \u017ee jedna firma p\u0159inese ur\u010dit\u00fd potenci\u00e1ln\u00ed v\u00fdnos p\u0159i stejn\u00e9m riziku jako diverzifikovan\u00e9 portfolio, je vysoce nepravd\u011bpodobn\u00e9. Dokonce i investi\u010dn\u00ed legendy jako Warren Buffett v\u017edy zd\u016fraz\u0148uj\u00ed pot\u0159ebu rozlo\u017een\u00ed rizika.<\/p>\n<p>Ka\u017ed\u00e1 nov\u00e1 investi\u010dn\u00ed pozice by m\u011bla b\u00fdt otev\u0159ena na z\u00e1klad\u011b d\u016fkladn\u00e9 anal\u00fdzy, kter\u00e1 uk\u00e1\u017ee, \u017ee firma se obchoduje pod svou re\u00e1lnou hodnotou a z\u00e1rove\u0148 m\u00e1 potenci\u00e1l pro dlouhodob\u00fd r\u016fst. Sou\u010dasn\u00e1 cenov\u00e1 korekce o 20 a\u017e 30 % pro p\u0159edn\u00ed technologick\u00e9 spole\u010dnosti tuto strategii je\u0161t\u011b v\u00edce zd\u016fraz\u0148uje.<\/p>\n<p>U n\u011bkter\u00fdch investor\u016f m\u016f\u017ee prudk\u00fd pokles cen vyvol\u00e1vat obavy, ale ve skute\u010dnosti je to okam\u017eik, kdy by emocion\u00e1ln\u00ed rozhodnut\u00ed m\u011bla b\u00fdt nahrazena racion\u00e1ln\u00edm p\u0159\u00edstupem. Pokud vyu\u017eijete sou\u010dasn\u00e9 situace k n\u00e1kupu kvalitn\u00edch akci\u00ed, v\u00e1\u0161 kapit\u00e1l se m\u016f\u017ee zhodnotit pr\u00e1v\u011b t\u00edm, \u017ee vr\u00e1t\u00ed cenu na p\u016fvodn\u00ed \u00farove\u0148, ani\u017e byste museli dos\u00e1hnout nov\u00e9ho maxima. [1]<\/p>\n<h3><strong>Kter\u00e9 spole\u010dnosti maj\u00ed nejv\u011bt\u0161\u00ed potenci\u00e1l?<\/strong><\/h3>\n<p>Z na\u0161eho pohledu je vhodn\u00e9 se zam\u011b\u0159it na spole\u010dnosti Alphabet (Google), Amazon a Microsoft. Trojice technologick\u00fdch l\u00eddr\u016f, kte\u0159\u00ed dlouhodob\u011b pat\u0159\u00ed mezi nejv\u00fdkonn\u011bj\u0161\u00ed spole\u010dnosti v americk\u00e9m indexu Nasdaq 100. Jejich produkty a slu\u017eby jsou ned\u00edlnou sou\u010d\u00e1st\u00ed na\u0161eho ka\u017edodenn\u00edho \u017eivota a poskytuj\u00ed jim stabiln\u00ed z\u00e1klad pro r\u016fst. [2]<\/p>\n<h3><strong>Pro\u010d pr\u00e1v\u011b tyto tituly?<\/strong><\/h3>\n<p>Spole\u010dnosti jako Alphabet, Amazon a Microsoft se vyzna\u010duj\u00ed extr\u00e9mn\u011b silnou fundament\u00e1ln\u00ed podm\u00ednkou. Maj\u00ed n\u00edzkou \u00farove\u0148 dluhu, co\u017e jim d\u00e1v\u00e1 v\u011bt\u0161\u00ed flexibilitu p\u0159i \u0159\u00edzen\u00ed a investov\u00e1n\u00ed. Z\u00e1rove\u0148 dosahuj\u00ed stabiln\u00edho r\u016fstu tr\u017eeb a \u010dist\u00e9ho zisku, co\u017e potvrzuje jejich schopnost dlouhodob\u011b vytv\u00e1\u0159et hodnotu pro akcion\u00e1\u0159e. V neposledn\u00ed \u0159ad\u011b je d\u016fle\u017eit\u00fdm faktorem tak\u00e9 siln\u00e9 voln\u00e9 cash flow, kter\u00e9 jim umo\u017e\u0148uje inovovat, roz\u0161i\u0159ovat sv\u00e9 p\u016fsoben\u00ed v r\u00e1mci technologick\u00fdch trend\u016f a udr\u017eovat si konkuren\u010dn\u00ed v\u00fdhodu. [3]<\/p>\n<p>Fundament\u00e1ln\u00ed situace t\u011bchto spole\u010dnost\u00ed z\u016fst\u00e1v\u00e1 pevn\u00e1 a nezm\u011bn\u011bn\u00e1, m\u011bn\u00ed se pouze jejich cena, kter\u00e1 dnes p\u0159edstavuje atraktivn\u00ed p\u0159\u00edle\u017eitost ke vstupu. Je to jako koupit si sv\u016fj obl\u00edben\u00fd model bot. Nakupujeme, kdy\u017e jsou slevy, \u017ee?<\/p>\n<p><em><strong>David Matulay, hlavn\u00ed analytik <\/strong><a href=\"https:\/\/investingfox.com\/cs\"><strong>InvestingFox<\/strong><\/a><\/em><\/p>\n<p>[1], [2], [3] V\u00fdhledov\u00e1 prohl\u00e1\u0161en\u00ed p\u0159edstavuj\u00ed p\u0159edpoklady a sou\u010dasn\u00e1 o\u010dek\u00e1v\u00e1n\u00ed, kter\u00e1 nemus\u00ed b\u00fdt p\u0159esn\u00e1 nebo jsou zalo\u017eena na sou\u010dasn\u00e9m ekonomick\u00e9m prost\u0159ed\u00ed, kter\u00e9 se m\u016f\u017ee zm\u011bnit. Tato prohl\u00e1\u0161en\u00ed nezaru\u010duj\u00ed budouc\u00ed v\u00fdkon. V\u00fdhledov\u00e1 prohl\u00e1\u0161en\u00ed zahrnuj\u00ed ze sv\u00e9 podstaty riziko a nejistotu, proto\u017ee se vztahuj\u00ed k budouc\u00edm ud\u00e1lostem a okolnostem, kter\u00e9 nelze p\u0159edv\u00eddat, a skute\u010dn\u00fd v\u00fdvoj a v\u00fdsledky se mohou podstatn\u011b li\u0161it od t\u011bch, kter\u00e9 jsou vyj\u00e1d\u0159eny nebo nazna\u010deny v jak\u00fdchkoli v\u00fdhledov\u00fdch prohl\u00e1\u0161en\u00edch.<\/p>\n<p>Varov\u00e1n\u00ed! Tento marketingov\u00fd materi\u00e1l nen\u00ed a nem\u011bl by b\u00fdt vykl\u00e1d\u00e1n jako investi\u010dn\u00ed poradenstv\u00ed. \u00dadaje vztahuj\u00edc\u00ed se k minulosti nejsou z\u00e1rukou budouc\u00edch v\u00fdnos\u016f. Investov\u00e1n\u00ed do ciz\u00ed m\u011bny m\u016f\u017ee ovlivnit v\u00fdnosy v d\u016fsledku kol\u00eds\u00e1n\u00ed. V\u0161echny obchody s cenn\u00fdmi pap\u00edry mohou v\u00e9st k zisk\u016fm i ztr\u00e1t\u00e1m. V\u00fdhledov\u00e1 prohl\u00e1\u0161en\u00ed p\u0159edstavuj\u00ed p\u0159edpoklady a sou\u010dasn\u00e1 o\u010dek\u00e1v\u00e1n\u00ed, kter\u00e9 nemus\u00ed b\u00fdt p\u0159esn\u00e9 nebo jsou zalo\u017eeny na sou\u010dasn\u00e9m ekonomick\u00e9m prost\u0159ed\u00ed, kter\u00e9 se m\u016f\u017ee zm\u011bnit. Tato prohl\u00e1\u0161en\u00ed nezaru\u010duj\u00ed budouc\u00ed v\u00fdkon. InvestingFox je ochrann\u00e1 zn\u00e1mka spole\u010dnosti CAPITAL MARKETS, o.c.p., a.s., regulovan\u00e9 N\u00e1rodn\u00ed bankou Slovenska.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minul\u00fd \u010dtvrtek zaznamenal americk\u00fd akciov\u00fd trh nejprud\u0161\u00ed pokles od pandemie COVID-19 v roce 2020. Tento&#8230;<\/p>\n","protected":false},"author":2,"featured_media":69819,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[950,59,45,371,350],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/76073"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=76073"}],"version-history":[{"count":0,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/76073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/69819"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=76073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=76073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=76073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}