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Apple Might Be a Trillion-Dollar Company, but Its Stock Is Still a Bargain

After Apple Inc. became the first company to achieve a trillion-dollar market cap on Aug. 2, many investors felt as though they'd missed out on one of the most historic run-ups in Wall Street history.

But they're just missing the bigger picture. In fact, the world's first trillion-dollar company is just getting started.

You see, Apple is still an absolute bargain - even after breezing through this historic marker, the company is trading well below the inflated metrics of its peers and the market as a whole.