2 Tech Stocks That Could Beat a Recession

According to Moody's, the chances of a recession hitting within the next 12 to 18 months are "awfully high." The International Monetary Fund has reduced its global economic growth forecast estimate for 2019 to the lowest level since the last financial crisis, citing the fallout of the protracted U.S.-China trade war. A survey of 200 economists carried out by the National Association for Business Economists in August revealed that more than 70% believe that there will be a recession within the next two years.

These doom-and-gloom predictions indicate that the next recession could be a matter of when and not if. And when a recession actually arrives, the stock market will go into a tailspin as companies find growth hard to come by on account of weak spending by consumers, corporations, and the government. But the likes of Palo Alto Networks (NYSE: PANW) and Netflix (NASDAQ: NFLX) could buck the trend. Let's see why.

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Source Fool.com