Roblox, Pinterest, Signet Jewelers, Occidental Petroleum and Micron Technology are part of Zacks Value Trader blog.
Remember when PayPal Holdings (NASDAQ: PYPL) was reportedly interested in acquiring Pinterest (NYSE: PINS) late last year? At the time, Pinterest was valued at upwards of $40 billion, so PayPal would have ended up egregiously overpaying given everything that has ensued since news of a potential deal first leaked. Pinterest is now just a $15 billion company.
Many stocks are trading with low P/Es but that doesn't mean they are true value stocks.