When people say that a stock looks cheap, it could mean a few different things. Today, I'll show you three examples of what people mean by "cheap stocks" in the tech sector, with one common quality -- these stocks are affordable in a good way, and they should be on your short list for further research if you're in a share-buying mood.

Let's start with Block (NYSE: SQ), a well-known provider of financial services with a modern twist.

The stock comes with a market cap of $40.7 billion and trades at lofty valuation ratios such as 51 times trailing earnings and 75 times free cash flow. But those ratios don't tell the whole story, because Block is also a high-octane growth stock.

Continue reading

Source Fool.com