What's the idea? Tenable is able to quickly attract new customers due to its market leadership, which is noted by several analysts. Modern technology requires higher investment in cybersecurity, which stimulates the growth of the market for relevant tools. The volume of the global cyber threat management market by 2032 will reach $31.5 billion, implying an average annual growth of more than 10% in 2023-2032. In 2023, Tenable closed a deal to purchase a company in the field of cloud infrastructure cybersecurity — Ermetic. In June 2024, the company announced the acquisition of Eureka Security, which will further expand Tenable's offerings in the field of cloud environment security. Tenable has created a strategic alliance with Deloitte, which may give an additional boost to the growth of the customer base in the near future. The company began to attract larger customers by offering comprehensive cybersecurity services. Tenable implements a share repurchase program, the authorized amount of which is 1.27% of the company's market capitalization.

ON Semiconductor Corporation (ON) is a technology company that provides energy management and sensor solutions, with a primary focus on the automotive and industrial markets. In the first quarter of 2024, the automotive sector accounted for 55% of the company's revenue, the industrial sector for 25%, and the remaining sectors for 20%. From a geographical perspective, the company's key market is the Asia-Pacific region. Currently, the company is facing difficulties. In the 1st quarter of 2024, its revenue decreased by 5% y/y and amounted to $1.86 billion, while diluted earnings per share (EPS) fell by 10% to $1.08. This was due to a significant reduction in revenues in the industrial and other segments: their incomes fell by 14% and 12% y/y respectively. Moreover, inventory levels increased by $35 million q/q, and the inventory turnover ratio increased by 15 days to 194 days.

What's the idea? Visual content is increasingly used in advertising around the world, driving demand for Shutterstock's services. The company has a large target market, especially in the Data, Distribution, and Services segment, with revenue nearly doubling in Q1 2024 due to the company’s partnerships with neural networks. The global digital content market is expected to grow at a compound annual growth rate of 6.1% through 2032 to reach $285.94 billion by the end of the forecast period. The recent acquisition of Envato will allow Shutterstock to double the number of subscribers, as well as increase annual revenue by 20% and adj. EBITDA by 15%. Due to improved business performance in Q1 2024, Shutterstock increased its 2024 revenue growth forecast to 5.5%–7%. The company pays dividends with an annual yield of 3.03% and also has a share buyback programme with an authorized amount equivalent to 5.05% of its market capitalisation.

Savers Value Village Inc. is a second-hand apparel and accessories retailer. It is the largest for-profit thrift operator in the US and Canada based on number of stores, with a total of 326 stores in the US, Canada and Australia. Thrift stores is a sector of the broader second-hand market that includes traditional options such as Goodwill, Salvation Army, and yard sales. The US second-hand apparel market grew 10.3% in 2023 and is forecast to reach $73 billion by 2028, with an average annual growth of 11.2% in 2023–2028. However, many resale and thrift companies struggle to stay afloat since turning a profit in the pre-owned clothing business is challenging. As a thrift operator, SVV conducts its business through three main operating stages: supply and processing, retail, and wholesale trade. Over the past several years, the company’s management has built a powerful, vertically integrated business model, with a customer base of 5.5 million of active members enrolled in the US and Canadian loyalty programs.