Why Microsoft Corp. (Nasdaq: MSFT) Stock Is a Good Buy Now

Microsoft Corp. (Nasdaq: MSFT) stock has looked good this year.

It's now trading at $48.74 as of yesterday's close (Tuesday), good for a 34% gain on the year.

Money Morning Capital Wave Strategist Shah Gilani told viewers today on FOX Business' "Varney & Co." that it's still a buy.

"I think it's got a good ways to go higher," Gilaini said.

So why does Gilani see a lot of promise from MSFT stock? And what other tech company is ready to buy? Watch the video below to find out.

More from Shah: Stocks have been on a tear lately, with the major indexes repeatedly hitting new highs. This momentum will likely carry into 2015. Here's how we'll play the end of the year rally...