Chocolate Cherry Almond Fudge

1 can (14 ounces) sweetened condensed milk

2 cups semisweet chocolate chips

1/2 cup coarsely chopped almonds

1/2 cup chopped candied cherries

1 teaspoon almond extract

In a microwavable bowl, combine milk and chocolate chips. Microwave on high until chips are melted and mixture is smooth when stirred, about 1 minute. Stir in almonds, cherries and extract. Spread evenly in a greased 8-in. square pan. Cover and chill until firm. Cut into squares. Store, covered, in the refrigerator.