Like Apple? Then You'll Love These 4 Stocks

Apple stock has been on an absolute tear recently. While the company's stellar second-quarter earnings report certainly helped matters, Apple's stock has also undergone a significant rerating by investors over the last two years.

Investors used to view the iPhone giant as a cyclical hardware-maker. Yet today, investors have begun appreciating Apple's steadily growing services revenue, which is tied to the growing overall installed base. In addition, investors are now appreciating even Apple's hardware products, as the 5G era should bring in long-term refreshment of phones, tablets, and earbuds, even if quarter-to-quarter patterns are a bit choppy. 

After Apple's enormous gains over the past two years, investors may be looking for "the next Apple." In that light, one tech sector is full of tech hardware companies that look a lot like Apple, financially speaking. In fact, they look better than Apple yet haven't rerated to Apple's valuation. While it's hard to say if a company will all of a sudden find new favor in the market, the following four companies look awfully similar to Apple not too long ago.

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Source Fool.com