Buy the Dip: 3 Stocks to Buy Today and Hold for the Next 3 Years

It's been a tough year for investors as rising interest rates torpedoed higher-growth stocks. It's also been a challenging year for big blue chip stocks as the S&P 500 retreated about 10% this year.

But if we pull the chart back further, we'll notice that the S&P 500 has still risen nearly 50% over the past three years. Therefore, the current pullback might simply be setting the market up for its next bull run. Therefore, let's look at three promising stocks -- Cloudflare (NYSE: NET), Ferrari (NYSE: RACE), and The TJX Companies (NYSE: TJX) -- that could all head much higher over the next three years.

Image source: Getty Images.

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Source Fool.com