Macroeconomic challenges have reshaped the way the market is thinking about growth stocks. Despite what recent performance might suggest, some stocks that are down more than 80% from their highs are actually backed by promising companies with serious rebound potential. Putting your investment dollars behind the best of them could be a path to stellar long-term returns. 

Here's why investing in these three beaten-down stocks could be a great move to start the new year. 

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Source Fool.com