Whether you've been investing for decades or are just starting out, this has been a difficult year. The benchmark S&P 500 index lost more ground in the first half of 2022 than it had since 1970.

The thing to remember about market downturns is that bad stocks tend to fall just as easily as great stocks that can deliver market-beating gains. These three growth stocks have what they need to outperform over the long run, but they've fallen between 51% and 80% from the peak prices they reached last year. 

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Source Fool.com