Some investors questioned Apple's (AAPL) decision to stay on the sidelines of the AI trade, though 14% year-over-year web visit growth shows a lasting interest in the Mag 7 giant. LikeFolio's Andy Swan explains why he currently sees the stock as undervalued when comparing his data to the price action. He talks about Apple's "cycle of profitability" bolstered by a strong tech portfolio that he doesn't see slowing down anytime soon.