While many stocks in the market may look overvalued, there are just as many that fall on the opposite end of the spectrum. Two stocks valued at dirt-cheap levels that I think deserve more respect are (NASDAQ: PYPL) and Twilio (NYSE: TWLO).

Both stocks had solid years during 2020 and 2021 but have since cratered to levels not seen since years before the pandemic stock market frenzy occurred. I think each deserves a long look, as the companies aren't performing as poorly as their valuations would have you believe.

Let's take a look at why PayPal and Twilio could be great buys now.

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Source Fool.com