These are the 10 tech stocks to own for the long term as coronavirus smacks markets, one firm says

Ticker: DOCU

"As more organizations make the move to digital platforms and are looking to significantly cut down on the high redundant costs and time involved in the traditional laborious contracting process, DOCU is solving a major pain point across the board for organizations looking for a streamlined software based cloud platform that solves these growing needs," Ives wrote.

While coronavirus could lead to cancellation of some conferences and partner summits, which could impact the company's deal flow, "we do not see this moving the needle on broader demand trends which remain robust from our vantage point with DOCU a core name to own for 2020 and beyond," he said.

Ticker: NICE

"We continue to believe NICE has a major runway for growth heading into FY20 and beyond and plays into a core cloud theme as more enterprises focus on analytics and cloud driven contact centers with NICE a significant beneficiary from this trend," Ives wrote.

"We see a negligible impact from the coronavirus outbreak given the company's core customer base and healthy end markets," he said.

Ticker: UBER

"While Uber is clearly impacted by less travel globally due to the coronavirus that could negatively affect growth and take rates in the near-term, we are taking a forest through the trees approach on owning Uber here," Ives wrote.

He continued: "The ridesharing industry has become one of the most transformational growth sectors of the consumer market over the past 5 years with Uber establishing itself as the clear #1 player and in our opinion is paving a similar road to what Amazon did to transform retail/ e-commerce. "