While some of Cathie Wood's favorite stocks have taken a hit in recent quarters, her long-held focus on putting cash into companies at the forefront of innovation and technology is a theme that remains compelling in a broad range of market environments.

If you have the investment capital on hand and the risk tolerance to put cash into beaten-down growth stocks, there are still wonderful companies with fantastic runway potential in this category. Here are three such stocks to consider holding for at least three to five years. 

Teladoc Health (NYSE: TDOC) has seen its shares pop by roughly 35% since the beginning of 2023, although the stock is still trading down some 57% from its position 12 months ago. The company has faced a rocky road since the peak of its pandemic success, but part of this has been due to the environment that followed its surge of growth. 

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Source Fool.com