Maynard Um of Wells Fargo upgraded Apple to "outperform" Tuesday morning in a note sent to clients.
He is one of the top analysts on Wall Street covering technology hardware. Um's picks average a 10.5 percent one-year return and is he ranked in the top 10 percent of all analysts, according to TipRanks.com.
Um gave five key reasons why the company's stock will rise.
Here is why he likes Apple now…