However, not all discounted stocks are necessarily worth owning at any valuation. That's the conundrum anyone eyeing digital payment facilitator PayPal (NASDAQ: PYPL) is facing right now. Shares are priced dirt cheap at only 10. 3 times this year's expected earnings of $5. 55 apiece. But the fact that the stock's drifted to such a valuation suggests most investors aren't hopeful about its future. Maybe you should be willing to take a speculative shot on it anyway, though -- or maybe not.
POLARIS INSIGHTS