Is there a performance hit if we use a loop instead of recursion or vice versa in algorithms where both can serve the same purpose? Eg: Check if the given string is a palind
Stack overflow will only occur if you're programming in a language that doesn't have in built memory management.... Otherwise, make sure you have something in your function (or a function call, STDLbs, etc). Without recursion it would simply not be possible to have things like... Google or SQL, or any place one must efficiently sort through large data structures (classes) or databases.
Recursion is the way to go if you want to iterate through files, pretty sure that's how 'find * | ?grep *' works. Kinda dual recursion, especially with the pipe (but don't do a bunch of syscalls like so many like to do if it's anything you're going to put out there for others to use).
Higher level languages and even clang/cpp may implement it the same in the background.