2 Tech Stocks to Buy Now and Hold for a Decade (Hint: 1 Isn't in the AI Trade)

Investors often associate the technology industry with artificial intelligence (AI). However, not all tech companies are AI-driven. Amazon (AMZN) and Sea Limited (SE) are two tech stocks that are expected to continue driving long-term growth, despite only one of them being an AI company.

Amazon's retail business, while slower-growing and lower-margin, is generally recession-resistant due to the wide variety of goods it offers. Its growth primarily comes from its cloud arm, Amazon Web Services (AWS), which accounts for 21% of the company's revenue but delivers the majority of its operating income. Despite reporting $382 billion in net sales in the first half of 2026, an 18% increase from the same period in 2025, Amazon's net income only grew modestly, primarily due to investment gains.

This has led to a low P/E ratio of 21. While Amazon's $220 billion in capital expenditures have strained its balance sheet, its 31 forward P/E ratio suggests its valuation is below historical levels, making it a potentially good long-term investment.

On the other hand, Sea Limited (SE) is a non-AI version of Amazon. It has a leading e-commerce business, Shopee, and a fintech enterprise, Monee, which is gaining traction in Southeast Asia. Sea Limited also started as a gaming company, Garena, and continues to operate it. While Sea Limited's net income grew modestly in the first half of 2026, it increased its operating expenses for future investments.

With a lower capex of $793 million and $4.9 billion in free cash flow over the trailing 12 months, Sea Limited appears to be in a strong position to invest in its business. Its stock trades at a forward P/E ratio of 25, indicating it may be undervalued. Therefore, considering Sea Limited's diverse business model and investment strategy, it could be a stock worth buying for a decade.