Buy Alert: Microsoft Stock is Headed Higher

Microsoft's (NASDAQ: MSFT) stock has generated a total return of more than 400% over the past five years, thanks to CEO Satya Nadella's "mobile first, cloud first" strategy. Under Nadella, who took the helm in 2014, Microsoft expanded its cloud services, integrated them into Windows 10, launched new mobile apps on iOS and Android, introduced new Surface devices, and grew its Xbox gaming ecosystem.

Those efforts turned Microsoft, which had often been dismissed as a mature tech stock, into an exciting growth stock again. It also rallied more than 50% over the past 12 months as it brushed off the trade war, COVID-19, and other macro headwinds. Investors might be reluctant to buy Microsoft's stock at these levels, but I believe it could still head higher through the end of the year, for four simple reasons.

Image source: MIcrosoft.

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Source Fool.com