Identiv (INVE)

With the pandemic outbreak, the need for home security has become even more pressing. It has also increased the need for security among businesses and individuals.

Its Hirsch Velocity Software now includes contact tracing for reopened office buildings. The company has created a wearable Body Temperature Measurement Patch to monitor people's body temperatures as stadiums and theme parks reopen.

As a result, Identiv's recurring revenue increased 13 percent in the second quarter, and its backlog of orders increased 100 percent compared to the same quarter last year, indicating that the company's future appears bright.