Over the past few weeks, shares of Apple have been trading at 52-week lows. Earlier this month, shares of Apple dipped below US$400 a share for the first time since 2011. Shockingly, Apple had a P/E ratio lower than Dell's for a few days last week.
Over the past week, however, shares of Apple have rebounded nicely and are now trading in the $436 range. As for what's fueling the latest Apple rally, it's likely that the company's recently announced capital return program is being viewed rather favorably by investors.
One man who's particularly bullish on Apple future prospects is Alisher Usma