Apple Edges Out Microsoft, Amazon to Retake Most Valuable Crown

Apple Is 'Extremely Cheap,' Tigress Financial CIO Says
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Apple Inc. is once again the world’s most valuable company -- but at a much lower level than its former peak.

The iPhone maker reclaimed the mantle of world’s largest stock by market capitalization on Tuesday, edging out Amazon.com Inc. and Microsoft Corp. for the first time in two months. The list of the biggest names on Wall Street has been repeatedly shuffled this year, with each of the megacap technology names holding the top spot at some point.