first_img Jabran Khan | Monday, 25th May, 2020 | More on: PTEC Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. £1k to invest? I would consider buying this FTSE 250 tech stock now “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Jabran Khan has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img I believe a tech stock’s performance depends on its purpose. For example, a tech stock that has ride hailing applications may not be performing too well in the lockdown. On the other hand, a food delivery app is probably doing much better.Software development companies specialising in online gaming platforms are a double-edged swords, in my opinion. Although sporting events may have been cancelled, casino games have seen a rise in popularity during the lockdown. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Tech stock extraordinaire Gaming is big business. But Playtech (LSE:PTEC) isn’t your typical online gaming company. Since 1999, Playtech has grown to become the world’s largest online gaming software supplier. It employs nearly 6,000 people across 19 countries and possesses 140 global licenses. It has licence agreements with well-known names, including William Hill, Ladbrokes, and Warner Bros. Playtech has operated very much in the background of the gaming industry, creating and delivering platforms for gaming companies. Throughout its 20 years of existence, it has made shrew acquisitions to further its product range and diversify its offerings. Trading update and performanceSince the turn of the year, PTEC has lost over 40% of its share price value. I feel this presents a unique opportunity to grab bargain price shares in a great tech stock. Playtech took early steps in response to Covid-19. And it has kept investors abreast of all its developments with updates in March, April, and May. Its main actions were to prioritise the health and wellbeing of its employees, and to preserve cash flow. This meant Playtech’s employees began working from home in February, almost one month before the UK lockdown was imposed. Its board and executive management team took a 20% pay cut. Furthermore it decided to defer its current dividend. Results for 1 January to 30 April fell in line with expectations. Playtech pointed towards the exceptional performance of its trading platform TradeTech, which benefitted significantly from the increased market volatility and trading volumes. Playtech also has over €600m in liquidity which should see it through a turbulent time. It estimated that €65m was saved by suspending its dividend payments. This a shrewd move that many companies have been forced to take.VerdictOverall, I think Playtech could be a bargain tech stock to snap up at its current price. I believe that Playtech’s diversified portfolio of products and services set it apart from other run of the mill tech stocks. Playtech has a truly global reach, which will benefit it, especially during this turbulent time. Although the lockdown is still in effect here in the UK, many European and Asian countries are emerging from lockdowns. Playtech has significant interests in Asia and Europe. To say the pandemic will not affect Playtech would be untrue. PTEC has been transparent in its performance over the past three months and about how the virus is affecting it. That said, analysts predict that there will be growth for this technology giant, which I feel will thrive as time goes on.  Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Jabran Khanlast_img read more