It's not uncommon for investors to focus on the per-share price of a stock. It's easy to confuse a low-priced stock with a cheap one, but that's not always the case. There are plenty of stocks with low per-share prices that are expensive, and many with triple- or even quadruple-digit per-share prices that are cheap.

However, some stocks are cheap and have a low per-share price. The trick is to identify which stocks are cheap because the business is broken, and which are cheap simply because the market is being impatient. Here are two great stocks that fit into the latter category, and each can be purchased for less than $70.

Few stocks epitomize the wild volatility of the past few years more than (NYSE: TWLO). Over the past five years, this communications software company has seen its stock soar as high as $443 and fall as low as $43. Year to date, shares are up 38%; they trade for $68 at the time of this writing.

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Source Fool.com