Few things are as rewarding as buying a blue chip stock when it's undervalued and watching it blossom and give your portfolio a spark.

The market can act irrationally, sometimes creating temporary distortions that investors can take advantage of. For example, look at the financial technology company (NASDAQ: PYPL). The stock price is down nearly 80% from its high, a rare drop for such a household name.

While sharp stock declines often come with a story, I'll show you why PayPal is remarkably cheap and could help a diversified investor become a millionaire with some due diligence, patience, and good fortune. Here is what you need to know.

Continue reading

Source Fool.com