Today,'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.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.