From Yahoo Finance: 2025-04-27 16:48:00

The United Nations Office on Drugs and Crime reported 11.7 million people were imprisoned globally in 2019, with a 25% increase since 2000. Women in prisons are growing at a faster rate than men. The US law enforcement PPE industry is expected to grow by 5.0% between 2022 and 2030 due to increased awareness of officer safety.

Police departments in the US are using AI for administrative tasks, but legal experts are concerned about transparency and bias. Companies are developing AI tools to aid law enforcement in budget cuts and crime reduction. The impact of AI in policing depends on usage and adoption in the sector.

NICE Ltd. provides software solutions for financial crime, compliance, and customer engagement. It ranks 11th on the list of best prison and law enforcement stocks to buy. The company’s cloud revenue rose 24% in Q4 2024, reaching over 400 enterprise cloud customers. NICE collaborated with Deloitte Digital to enhance customer service with AI.

NICE Ltd. ranks 11th on the list of best prison and law enforcement stocks to buy. While the company shows promise, some AI stocks may offer higher returns in a shorter timeframe. A report on an undervalued AI stock with significant upside potential is available for those seeking alternative investments.

Read more: Is NICE Ltd. (NICE) One of the Best Prison and Law Enforcement Stocks to Buy According to Analysts?