Microsoft's strong Q4 performance sent the stock up 8% in pre-market trading, extending its impressive rally of over 50% since its April low of around $350

Shares of tech giant Microsoft (NASDAQ:MSFT) jumped 4.5% in the afternoon session after the company reported impressive fiscal fourth-quarter earnings that surpassed analyst expectations, fueled by significant growth in its cloud and artificial intelligence divisions.

Microsoft Corporation (NASDAQ:MSFT) is one of the Best Stocks to Buy According to Brasada Capital Management. On July 23, Morgan Stanley analyst Keith Weiss maintained a “Buy” rating on the company’s stock and set a price objective of $530.