Sure, technology stocks have had a rough go of it of late, but let's face it: Over the longer-term, the world will become more digital, smarter, and automated. That's why it may be a good idea for long-term oriented investors to take advantage of tech's recent sell-off and look to the companies building the essential tech platforms powering the future.

While their stocks tend to be on the expensive side, Amazon.com(NASDAQ:AMZN), Tesla(NASDAQ:TSLA), Illumina(NASDAQ:ILMN) are all well off their 52-week highs. Currently discounted, each of these stocks should be put on your watchlist at the very least, as their technologies should become bedrock platforms of the 2020s and beyond. 

FAANG member Amazon has actually built not one, but several platforms that will be central to our near and long-term economic future. Of note, Amazon pioneered the idea of cloud computing, allowing businesses to safely plug into computing and storage capability as needed, instead of having to build it themselves. Today, Amazon Web Services is far and away the number one cloud platform, bringing in $45.4 billion in revenue last year, while growing 30% with 30% operating margins.

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