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The United States vaccination rate is the lowest among the seven prosperous democracies, with just 61.94% of its population fully vaccinated, according to a University of Oxford study. This, coupled with the resurgence of COVID-19 cases, suggests a continuation of remote lifestyle for the foreseeable future. Perhaps tellingly, established multinationals such as Microsoft Corporation (NASDAQ:MSFT) and Alphabet, Inc. (NASDAQ:GOOGL), among others, have postponed their office reopening plans.
Because the software industry is expected to witness sustained demand in the coming months, Wall Street analysts expect lesser-known software stocks Alteryx, Inc. (AYX), Zix Corporation (ZIXI), and iHuman Inc. (IH) to rally by more than 45% in price.
