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As the hybrid working lifestyle is expected to continue in the near term, with rising concerns surrounding the omicron coronavirus variant, fundamentally sound software stocks Oracle Corporation (NYSE:ORCL) and VMware, Inc. (VMW) could be solid bets now.
However, the ongoing chip shortage and increased cyberattacks have caused the weak players in the software industry to witness a sharp pullback. As the markets continue to reverse with major benchmark indexes slumping, fundamentally weak software stocks OKTA, Inc. (OKTA) and ZoomInfo Technologies Inc. (ZI) are best avoided now.
