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With the highly contagious COVID-19 Delta variant affecting even vaccinated people, many industry leaders have pushed back their office reopening dates. So, the software industry should continue thriving, at least in the near term.
Also, we think that with favorable investor sentiment surrounding tech stocks, shares of small-cap software companies Progress Software Corporation (PRGS), QAD Inc. (QADA), and Magic Software Enterprises Ltd. (MGIC) should witness solid upside in the near term.