Will AAPL Stock Rally Again in 2026 to Help Apple Regain the Throne as the Biggest Company?

With a year-to-date (YTD) loss of nearly 5%, Apple (AAPL) is underperforming the average S&P 500 Index ($SPX) peer this year. The story is not different from last year, when it gained a mere 8%, which was less than half of what the broad-based index delivered. Adding insult to injury is the fact that Alphabet (GOOG) (GOOGL)—which was the best-performing Magnificent 7 stock in 2025—has surpassed Apple to become the world’s second-biggest company after Nvidia (NVDA). If not for Microsoft’s (MSFT) underperfo ...