3 Buffett Stocks to Avoid Like the Plague in 2022

Motley Fool2022-01-26

Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

162

Report

Comment（29）

TheEndIsNear
·2022-01-27
If the author sells, I will buy if the price is right for me.
Reply
1
Report
wincephine
·2022-01-27
Like
Reply
1
Report
MengKeng
·2022-01-27
Wait for Apple and Snowflake to dip, then we buy and hold for long term investment, haha
Reply
2
Report
Gladys8jk
·2022-01-27
Ok
Reply
1
Report
Samuel123win
·2022-01-27
Wow
Reply
3
Report
koolgal
·2022-01-27
Avoiding Apple like a plaque in 2022? I don't think so. If it drops further I will buy more! Apple is a stock I will like to keep long term. Go Apple! 🚀🚀🚀🌙🌙🌙🍎🍎🍎
Reply
14
Report
stylus
·2022-01-27
Noted
Reply
3
Report
Piret
·2022-01-27
Ok
Reply
2
Report
seejay
·2022-01-27
I wouldnt say avoid. These three are great companies and if the price is right i would increase my stake in them for the long run
Reply
3
Report
Jialatsia
·2022-01-27
Meep
Reply
2
Report
YSLiu
·2022-01-27
Good advice 😃
Reply
2
Report
SanWangtikup
·2022-01-27
[Observation]
Reply
2
Report
Ky12345
·2022-01-27
M
Reply
1
Report
DragonLee
·2022-01-27
Really?
Reply
2
Report
GhostFury
·2022-01-27
Time will reveal how off the mark this article is😉
Reply
2
Report
Zack44
·2022-01-26
Awaiting how would the market goes after Fed…
Reply
3
Report
angelo0908
·2022-01-26
True
Reply
2
Report
chinchillx
·2022-01-26
Apple still overpriced.. not to buy this vrash but next crash/correction
Reply
3
Report
3domo
·2022-01-26
56
Reply
2
Report
Txfen80
·2022-01-26
Oh
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2206697328?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-01-26 18:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2206697328","market":"us","top_or_hot":-1,"title":"3 Buffett Stocks to Avoid Like the Plague in 2022","media":"Motley Fool","content":"<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4566","symbol_name":"资本集团","start_time":0,"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","article_id":"2206697328","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","pubTimestamp":1643194772,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Even the world's greatest investors are wrong from time to time.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4566":"资本集团","BK4558":"双十一","BK4535":"淡马锡持仓","BRK.B":"伯克希尔B","BK4501":"段永平概念","BK4527":"明星科技股","BK4538":"云计算","BK4116":"互联网服务与基础架构","BK4559":"巴菲特持仓","ORCL":"甲骨文","BK4550":"红杉资本持仓","BRK.A":"伯克希尔","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","AAPL":"苹果","BK4505":"高瓴资本持仓","BK4097":"系统软件","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","BK4170":"电脑硬件、储存设备及电脑周边","BK4176":"多领域控股","KHC":"卡夫亨氏","BK4516":"特朗普概念","BK4528":"SaaS概念","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4532":"文艺复兴科技持仓","BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","SNOW":"Snowflake"},"translate_title":"像2022年瘟疫一样避免巴菲特的3只股票","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNOW":1,"AAPL":1,"BRK.A":1,"BRK.B":1,"KHC":1,"ORCL":0.73},"content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9090797174,"gmtCreate":1643260263023,"gmtModify":1676533791735,"author":{"id":"3575543125383677","authorId":"3575543125383677","name":"TheEndIsNear","avatar":"https://community-static.tradeup.com/news/43c33417cfb81703fd159cf506dd1d95","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575543125383677","authorIdStr":"3575543125383677"},"htmlText":"If the author sells,&nbsp; I will buy if the price is right for me.","listText":"If the author sells,&nbsp; I will buy if the price is right for me.","text":"If the author sells, I will buy if the price is right for me.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090797174","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090575508,"gmtCreate":1643240116477,"gmtModify":1676533788543,"author":{"id":"4105102024278480","authorId":"4105102024278480","name":"wincephine","avatar":"https://static.itradeup.com/news/cbcf2fa3d2c3fa5c66084f5a94e07d5c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4105102024278480","authorIdStr":"4105102024278480"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090575508","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090572401,"gmtCreate":1643240028946,"gmtModify":1676533788527,"author":{"id":"3582668988155006","authorId":"3582668988155006","name":"MengKeng","avatar":"https://static.tigerbbs.com/daf999525f61ba41d3c13b0ed728eb77","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582668988155006","authorIdStr":"3582668988155006"},"htmlText":"Wait for Apple and Snowflake to dip, then we buy and hold for long term investment, haha","listText":"Wait for Apple and Snowflake to dip, then we buy and hold for long term investment, haha","text":"Wait for Apple and Snowflake to dip, then we buy and hold for long term investment, haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090572401","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090520635,"gmtCreate":1643235772656,"gmtModify":1676533787394,"author":{"id":"4094787128284850","authorId":"4094787128284850","name":"Gladys8jk","avatar":"https://static.tigerbbs.com/789bbf473867763cd44be080e269826d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4094787128284850","authorIdStr":"4094787128284850"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090520635","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090562312,"gmtCreate":1643235061672,"gmtModify":1676533787282,"author":{"id":"4092554906611330","authorId":"4092554906611330","name":"Samuel123win","avatar":"https://static.tigerbbs.com/fb615bd9d23d3ee707625d59ccb06f5e","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":1,"crmLevelSwitch":0,"idStr":"4092554906611330","authorIdStr":"4092554906611330"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090562312","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090569407,"gmtCreate":1643234518660,"gmtModify":1676533787168,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"htmlText":"Avoiding Apple like a plaque in 2022? I don't think so.&nbsp; If it drops further I will buy more! Apple is a stock I will like to keep long term. Go Apple! 🚀🚀🚀🌙🌙🌙🍎🍎🍎","listText":"Avoiding Apple like a plaque in 2022? I don't think so.&nbsp; If it drops further I will buy more! Apple is a stock I will like to keep long term. Go Apple! 🚀🚀🚀🌙🌙🌙🍎🍎🍎","text":"Avoiding Apple like a plaque in 2022? I don't think so. If it drops further I will buy more! Apple is a stock I will like to keep long term. Go Apple! 🚀🚀🚀🌙🌙🌙🍎🍎🍎","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090569407","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090587602,"gmtCreate":1643233693338,"gmtModify":1676533787120,"author":{"id":"4105500280423600","authorId":"4105500280423600","name":"stylus","avatar":"https://community-static.tradeup.com/news/152354359006ffa7fa65db84071fe5ed","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4105500280423600","authorIdStr":"4105500280423600"},"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090587602","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090585994,"gmtCreate":1643232881507,"gmtModify":1676533787069,"author":{"id":"4100520219096230","authorId":"4100520219096230","name":"Piret","avatar":"https://static.tigerbbs.com/32af1c6079ca483ba4808b65db688b5e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4100520219096230","authorIdStr":"4100520219096230"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090585994","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090583529,"gmtCreate":1643231910446,"gmtModify":1676533786953,"author":{"id":"3559797724435605","authorId":"3559797724435605","name":"seejay","avatar":"https://community-static.tradeup.com/news/e8541e0f14af1bc21276c96f2853aeec","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3559797724435605","authorIdStr":"3559797724435605"},"htmlText":"I wouldnt say avoid. These three are great companies and if the price is right i would increase my stake in them for the long run","listText":"I wouldnt say avoid. These three are great companies and if the price is right i would increase my stake in them for the long run","text":"I wouldnt say avoid. These three are great companies and if the price is right i would increase my stake in them for the long run","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090583529","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090517795,"gmtCreate":1643230977748,"gmtModify":1676533786812,"author":{"id":"4087959350378170","authorId":"4087959350378170","name":"Jialatsia","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"4087959350378170","authorIdStr":"4087959350378170"},"htmlText":"Meep","listText":"Meep","text":"Meep","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090517795","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090510642,"gmtCreate":1643220356609,"gmtModify":1676533786573,"author":{"id":"3561795991086251","authorId":"3561795991086251","name":"YSLiu","avatar":"https://static.tigerbbs.com/21065765af1058975e81cd4662b5e69a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3561795991086251","authorIdStr":"3561795991086251"},"htmlText":"Good advice 😃","listText":"Good advice 😃","text":"Good advice 😃","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090510642","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090535035,"gmtCreate":1643217703998,"gmtModify":1676533786493,"author":{"id":"4087452914358580","authorId":"4087452914358580","name":"SanWangtikup","avatar":"https://static.tigerbbs.com/c7f061d50a9f915d0ce8e8c879871960","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"4087452914358580","authorIdStr":"4087452914358580"},"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090535035","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090533203,"gmtCreate":1643215605332,"gmtModify":1676533786397,"author":{"id":"3575590918363960","authorId":"3575590918363960","name":"Ky12345","avatar":"https://static.tigerbbs.com/36767aa2310c3358091bde5b12e72448","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0,"idStr":"3575590918363960","authorIdStr":"3575590918363960"},"htmlText":"M","listText":"M","text":"M","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090533203","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090539063,"gmtCreate":1643214817386,"gmtModify":1676533786350,"author":{"id":"3581295915321286","authorId":"3581295915321286","name":"DragonLee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581295915321286","authorIdStr":"3581295915321286"},"htmlText":"Really?","listText":"Really?","text":"Really?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090539063","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090595506,"gmtCreate":1643213686106,"gmtModify":1676533786262,"author":{"id":"4103600034876750","authorId":"4103600034876750","name":"GhostFury","avatar":"https://static.itradeup.com/news/9a02903dbf2e369c53a363293ce6d3c9","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4103600034876750","authorIdStr":"4103600034876750"},"htmlText":"Time will reveal how off the mark this article is😉","listText":"Time will reveal how off the mark this article is😉","text":"Time will reveal how off the mark this article is😉","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090595506","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090591776,"gmtCreate":1643212748837,"gmtModify":1676533786035,"author":{"id":"4104762753183170","authorId":"4104762753183170","name":"Zack44","avatar":"https://community-static.tradeup.com/news/821d0c362208aaf6ce35779946f70dd6","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":7,"crmLevelSwitch":1,"idStr":"4104762753183170","authorIdStr":"4104762753183170"},"htmlText":"Awaiting how would the market goes after Fed…","listText":"Awaiting how would the market goes after Fed…","text":"Awaiting how would the market goes after Fed…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090591776","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090599745,"gmtCreate":1643212305175,"gmtModify":1676533785986,"author":{"id":"4097296316103040","authorId":"4097296316103040","name":"angelo0908","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4097296316103040","authorIdStr":"4097296316103040"},"htmlText":"True","listText":"True","text":"True","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090599745","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090500374,"gmtCreate":1643210075746,"gmtModify":1676533785706,"author":{"id":"3575764142275716","authorId":"3575764142275716","name":"chinchillx","avatar":"https://static.tigerbbs.com/8fe1632cb6b0562a7b74cfbbbad35b14","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575764142275716","authorIdStr":"3575764142275716"},"htmlText":"Apple still overpriced.. not to buy this vrash but next crash/correction&nbsp;","listText":"Apple still overpriced.. not to buy this vrash but next crash/correction&nbsp;","text":"Apple still overpriced.. not to buy this vrash but next crash/correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090500374","repostId":2206697328,"repostType":2,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090274292,"gmtCreate":1643209870635,"gmtModify":1676533785658,"author":{"id":"4099146640722140","authorId":"4099146640722140","name":"3domo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4099146640722140","authorIdStr":"4099146640722140"},"htmlText":"56","listText":"56","text":"56","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090274292","repostId":2206697328,"repostType":2,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090274969,"gmtCreate":1643209835491,"gmtModify":1676533785666,"author":{"id":"3586489129629376","authorId":"3586489129629376","name":"Txfen80","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586489129629376","authorIdStr":"3586489129629376"},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090274969","repostId":2206697328,"repostType":4,"repost":{"id":"2206697328","pubTimestamp":1643194772,"share":"https://ttm.financial/m/news/2206697328?lang=&edition=fundamental","pubTime":"2022-01-26 18:59","market":"us","language":"en","title":"3 Buffett Stocks to Avoid Like the Plague in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2206697328","media":"Motley Fool","summary":"Even the world's greatest investors are wrong from time to time.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world&#39;s greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn&#39;t account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.</p><p>Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire&#39;s Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!</p><p>Buffett&#39;s a great investor, but he&#39;s not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.</p><h2>Apple</h2><p>The first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha&#39;s largest holding, as well as the largest publicly traded company in the world: <b>Apple</b> (NASDAQ:AAPL). <i>Yes</i>, I really said Apple.</p><p>Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It&#39;s the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.</p><p>Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.</p><p>The problem is that Apple is facing a trio of headwinds in 2022 that it hasn&#39;t contended with in a long time.</p><p>To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.</p><p>Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple&#39;s share-repurchase program might also pull back a bit.</p><p>Third -- and building off the previous point -- a higher-rate environment will make Apple&#39;s premium valuation less appetizing. Apple&#39;s current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.</p><p>Further, without share buybacks, Apple&#39;s EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.</p><h2>Kraft Heinz</h2><p>A second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway&#39;s largest holdings: <b>Kraft Heinz</b> (NASDAQ:KHC).</p><p>The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz&#39;s core brands would help ignite growth for years to come.</p><p>Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.</p><p>One of the more obvious concerns is that the company&#39;s comparable-sales momentum observed in 2020 didn&#39;t carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.</p><p>Another very big concern is Kraft Heinz&#39;s balance sheet. It&#39;s been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.</p><p>Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn&#39;t have the war chest that would be needed to reignite interest in its brands.</p><p>I&#39;d also caution that Kraft Heinz is at risk of a multiple contraction, with the nation&#39;s central bank set to raise rates. Even though the company isn&#39;t nominally pricey at a little over 14 times Wall Street&#39;s consensus EPS for 2022, the expectation is for both sales and profits to slide this year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>The third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company <b>Snowflake</b> (NYSE:SNOW).</p><p>Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake&#39;s cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they&#39;re using competing platforms, Snowflake makes this easy for its users by removing this barrier.</p><p>Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.</p><p>Despite these advantages, I have one glaring concern: Snowflake&#39;s ultra-premium valuation.</p><p>Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street&#39;s forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company&#39;s forecast of $10 billion in product revenue by fiscal 2029 (which&#39;ll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.</p><p>Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There&#39;s little question that profitability and relative value will come into focus as lending rates rise.</p><p>Again, as with Apple, I don&#39;t view Snowflake as a bad company. It&#39;s simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Buffett Stocks to Avoid Like the Plague in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Buffett Stocks to Avoid Like the Plague in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 18:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4558":"双十一","KHC":"卡夫亨氏","BK4566":"资本集团","BK4535":"淡马锡持仓","SNOW":"Snowflake","AAPL":"苹果","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BRK.B":"伯克希尔B","BK4504":"桥水持仓","ORCL":"甲骨文","BK4515":"5G概念","BRK.A":"伯克希尔","BK4170":"电脑硬件、储存设备及电脑周边","BK4548":"巴美列捷福持仓","BK4176":"多领域控股","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/01/26/3-buffett-stocks-to-avoid-like-the-plague-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206697328","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.AppleThe first Buffett stock to avoid like the plague in 2022 happens to be the Oracle of Omaha's largest holding, as well as the largest publicly traded company in the world: Apple (NASDAQ:AAPL). Yes, I really said Apple.Let me preface this by saying that Apple is a solid company that has an incredibly loyal following. It's the leading provider of smartphones in the U.S., and anytime the company debuts a new device, it tends to have customer lines wrapping around its stores.Additionally, Apple CEO Tim Cook is overseeing a successful transition of the company from being product-focused to service-oriented. Subscription services should generate higher margins and more predictable cash flow over time, relative to the revenue lumpiness of the iPhone, Mac, and iPad that have replacement cycles.The problem is that Apple is facing a trio of headwinds in 2022 that it hasn't contended with in a long time.To begin with, the introduction of 5G wireless infrastructure rolled out the red carpet for consumers to upgrade their wireless devices. This included Apple recording record sales for its first iPhone with 5G wireless capabilities. However, with new iPhone models expected to offer only modest upgrades (e.g., a better camera) over the iPhone 12 (the first 5G-capable model), year-over-year sales comparisons could be extremely challenging throughout 2022.Secondly, the Federal Reserve is expected to begin hiking its federal funds target rate this year, which will push lending rates higher. Apple has occasionally taken out low-cost loans to repurchase its stock and provide a lift to its earnings per share (EPS). As access to cheap capital dwindles, Apple's share-repurchase program might also pull back a bit.Third -- and building off the previous point -- a higher-rate environment will make Apple's premium valuation less appetizing. Apple's current forward-year price-to-earnings ratio is roughly 50% higher than its five-year average. However, sales are only expected to grow by a mid-single-digit percentage.Further, without share buybacks, Apple's EPS could go backwards in 2022. Apple may be a solid company, but there are much better deals to scoop up this year.Kraft HeinzA second Buffett stock to avoid like the plague in 2022 also happens to be one of Berkshire Hathaway's largest holdings: Kraft Heinz (NASDAQ:KHC).The packaged-foods giant actually found itself in the right place at the right time when the initial waves of the coronavirus pandemic struck. With restaurants around the country (and world, for that matter) closing down or reducing hours due to COVID-19, prepackaged meals and snacks became hot items. The hope has been that this increased engagement with Kraft Heinz's core brands would help ignite growth for years to come.Unfortunately, there are a number of red flags that should keep investors away from Kraft Heinz stock in 2022.One of the more obvious concerns is that the company's comparable-sales momentum observed in 2020 didn't carry over into 2021. Through the first nine months of 2021, net sales for the company are up only 0.5%, with price increases doing all the work and volume (i.e., product sales) falling by 1% from the prior-year period. The inference is that as COVID-19 vaccination rates tick up, people are getting out of their homes more often and returning to restaurants and/or their pre-COVID routines.Another very big concern is Kraft Heinz's balance sheet. It's been almost three years since the company took an impairment charge of more than $15 billion against the value of some of its core brands.Even after this sizable writedown, the company was carrying $31.4 billion in goodwill and nearly $24 billion in total debt on its balance sheet, as of Sept. 25, 2021. This compares to only $2.3 billion in cash and cash equivalents. The company simply doesn't have the war chest that would be needed to reignite interest in its brands.I'd also caution that Kraft Heinz is at risk of a multiple contraction, with the nation's central bank set to raise rates. Even though the company isn't nominally pricey at a little over 14 times Wall Street's consensus EPS for 2022, the expectation is for both sales and profits to slide this year.SnowflakeThe third and final Warren Buffett stock to avoid like the plague in 2022 is cloud-data warehousing company Snowflake (NYSE:SNOW).Like Apple, I consider Snowflake to be a solid company with clearly defined competitive advantages. For instance, Snowflake's cloud solutions are built atop the most-popular cloud-infrastructure service platforms. Whereas it can be difficult for businesses to share data if they're using competing platforms, Snowflake makes this easy for its users by removing this barrier.Snowflake has also rejected the popular subscription-based operating model in favor of a pay-as-you-go model that charges customers based on the amount of data stored and the number of Snowflake Compute Credits used. This transparent pricing system allows companies using Snowflake to better control their expenses.Despite these advantages, I have one glaring concern: Snowflake's ultra-premium valuation.Traditionally, when the Fed begins raising rates, the multiples for high-growth stocks tend to deflate. Within the cloud-computing arena, virtually no company has a higher price-to-sales multiple than Snowflake. Even factoring in a likely doubling in sales for fiscal 2022 and expected revenue growth (via Wall Street) of 66% in fiscal 2023, Snowflake is valued at roughly 44 times Wall Street's forward-year sales consensus of $2 billion. In fact, Snowflake is still valued at a sales multiple of 9 based on the company's forecast of $10 billion in product revenue by fiscal 2029 (which'll coincide with calendar year 2028). While Wall Street may be forward-looking, this valuation is extra generous.Furthermore, since the company is aggressively spending on marketing and product development, recurring profitability is still a ways off. There's little question that profitability and relative value will come into focus as lending rates rise.Again, as with Apple, I don't view Snowflake as a bad company. It's simply not an attractive investment given its valuation and the expectation of Fed tightening. That makes Snowflake worth avoiding in 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":162,"commentSize":29,"repostSize":0,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false}}