Is Apple overvalued? Not by a long shot

It's almost unfathomable why some investors are turned off by Apple's (AAPL) stock. One reason may be that its price has been ramping up for at least the past five years. It shot to an all-time high of $164 a share on Sept. 11, 2017, the day before Apple launched its new iPhone lineup, spearheaded by the iPhone X.The stock has since slipped, closing at $159.88 on Sept. 15, but some Apple bulls see it soaring to $200 a share.With the share price having risen some 39 percent year-to-date, outscori