Growth stocks rarely go on sale. When they do, it pays to pay attention.

Typically, there are only two ways to buy a growth stock at a discount. The first method is to invest before it becomes a growth stock. The second way is to invest when the market begins to doubt whether it is still a growth stock.

The second scenario is playing out right now with (NASDAQ:PYPL) stock. For years, the shares traded at a premium due to high revenue growth rates. But during the past three years, the shares have fallen in value by about 79% peak to trough.

Continue reading

Source Fool.com