Down 60%, These 3 Fashion Growth Stocks Could Make Great Long-Term Investments

Here are three examples of growth stocks that are all trading at discounts of 60% or more from their 52-week highs that investors with a five-year-plus time horizon can buy now and hold for the long term. Canada Goose (NYSE: GOOS) is down just over 60% from its 52-week high due to many of the same reasons as other stocks, including concerns about inflation and supply-chain disruptions, as well as China's ongoing lockdowns. On the latest earnings call, CEO Dani Reiss touted the fact that the company is "uniquely insulated" from supply-chain challenges because 84% of the company's manufacturing is done in Canada and that it thus hasn't seen any major disruptions in terms of the supply chain.