Jeff Reeves’s Strength in Numbers: This stock-market selloff is creating a rare opportunity to buy Apple on the cheap

For roughly 10 years, Apple has been the belle of the ball on Wall Street.

Shares of the Apple Inc. AAPL, +1.22% have soared over 750% in the last 10 years — more than eight times the return of the S&P 500 SPX, +1.49% It pushed aside Exxon Mobil XOM, +0.64% a few years ago to become the largest U.S. company by market capitalization, and has a good shot at being the nation’s first-ever trillion-dollar stock.

In fact, just Apple’s $280 billion stockpile of cash and investments is more than the value of all but 13 other S&P 500 corporations.

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