Stock market crash: Is this FTSE 250 bargain stock NOW too cheap to miss?

first_img “This Stock Could Be Like Buying Amazon in 1997” 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. Stock market crash: Is this FTSE 250 bargain stock NOW too cheap to miss? 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. Is SThree (LSE: STEM) one of the best bargain stocks out there?Its forward price-to-earnings ratio of 17 times could be considered good value by many, given the ripping rate at which earnings have been growing. Both revenues and profits hit fresh record highs in the last financial year (to November 2019).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…It looked certain that SThree would make further progress in financial 2020, too. Sure, the toughening macroeconomic landscape might damage broader labour market conditions in the FTSE 250 company’s global territories. But its focus on niche, or STEM (shorthand for science, technology, engineering, and mathematics), industries would give it an extra layer of support.Nicht so gutHowever, it looks as the coronavirus crisis could blow SThree’s trajectory off course.The company itself commented in March that the challenges facing the labour market are “potentially very significant… given the fast-developing situation with Covid-19, recent large falls in oil prices, and increasing concerns about global confidence and GDP growth”.Given the chilling employment data from some of SThree’s markets, this isn’t a surprise . Let’s take Germany as an example, its single largest territory and responsible for just under a third of group revenues.Unemployment in Europe’s largest economy continues to rocket. At 6.3% for May, it was up half a percentage point from the previous month. And the figure would have been a lot worse had the German government not have introduced the Kurzarbeit work scheme.Similar to the furlough scheme here in Britain, the programme tops up the pay packets of employees put on reduced hours by their employers, lessening the financial strain on companies and thus reducing their need to axe workers.The German government expects the number of citizens relying on the support scheme to explode, too. As many as 2.1m people are predicted to apply for assistance, dwarfing the 1.4m that required help during the 2008–09 financial crisis.Will this bargain stock weather the storm?Could SThree, however, be able to absorb the worst of what the global economic downturn has to offer? Well the company itself believes that the niche industries it serves could save its bacon.In March’s release it said that “the need for STEM skills going forward should not be underestimated” as major issues like climate change and significant demographic shifts remain in the spotlight. And many of these challenges “[create] a huge opportunity as many of those skills, while still in high demand, are also in short supply, irrespective of where we are in terms of economic cycle”.SThree doesn’t operate in a bubble and revenues will take a smack given the scale of the Covid-19 hangover. I reckon recent share price weakness reflects its rising risks. And it has a robust balance sheet to help it navigate any choppy waters.This is share whose appealing long-term investment case remains intact. And I reckon the recent stock market crash makes it a bargain stock worthy of buying. 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. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. center_img Royston Wild has no position in any of the shares mentioned. The Motley Fool UK 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. Enter Your Email Address Royston Wild | Wednesday, 10th June, 2020 | More on: STEM Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. See all posts by Royston Wildlast_img read more