2 Recession-Proof Intelligence Stocks to Defend Your Portfolio
Nasdaq Three industries have historically proven recession-proof: government, education and healthcare. People still need education and healthcare during the good and bad times. Nations need a government to operate in any economic condition. Government intelligence, national security and military are primary functions that remain a high priority during economic cycles. While recession fears have been ongoing since 2022, these are two companies utilizing artificial intelligence (AI) technology that thrive during this period of economic uncertainty and can continue to thrive in the event of a recession.
Cognyte Software Ltd. (NASDAQ: CGNT)
Cognyte provides investigative AI-powered analytics software to governments and enterprises worldwide. From governments, intelligence, and law enforcement to financial institutions and organizations responsible for public safety, Cognyte provides "Actionable Intelligence for a Safer World." Its platform collects, fuses and displays disparate data sets to help agencies and security departments detect and investigate safety, security and fraud crimes more quickly and efficiently. Clients use the platform in more than 100 countries.
