Apple's stock looks cheap going into earnings

After hitting a new all-time high of $134.54 the day after its Q2 earnings report in April, Apple shares have stumbled. Last week, Apple stock briefly went into a freefall that sent it as low as $120, though it has rallied since Friday, rising as high as $127 on Wednesday morning. Opportunistic investors who bought the dip last week are already sitting on nice gains. However, even if you missed that chance to buy Apple stock on the cheap, it's not too late to profit from this tech juggernaut. A...