Today, Fool.com's Austin Smith and Chris Bledsoe look at whether Apple is a buy today after clocking an impressive 7.2% pop. 

While many are left scratching their head at the outsized gain, Austin and Chris attribute it to built-up optimism and strengthening fundamentals that got swept under the rug of fiscal-cliff uncertainty. While everyone was worried about what lawmakers would do, Apple quietly slipped into "too-crazy-cheap-to-ignore" territory, and all it took was one big day to unlock the bulls.