Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google, are both considered by many to be sound investments for long-term investors. After all, Amazon owns the world's largest e-commerce and cloud infrastructure platforms, while Google controls the largest search engine and streaming video platform.

But over the past 12 months, Amazon's stock sank 36% as Alphabet's stock dropped 28%. Both stocks tumbled as macro headwinds threatened their core businesses, while rising interest rates accelerated those declines by driving investors toward more conservative investments. Could either of these fallen tech giants recover this year? 

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Source Fool.com