3 Cathie Wood Growth Stocks to Buy and Hold for the Long Term

An alternative to trying to time the market (which even famed investor Warren Buffett says he can't do) is to buy high-quality growth companies with long-term growth prospects at any point in time and hold on to the stock long-term. In that vein of thought, here are three growth stocks purchased by another famed investor, Cathie Wood of Ark Invest, through her investment firm's various Ark funds. There is a conglomerate stock in the ARK Space Exploration & Innovation ETF (NYSEMKT: ARKX) that has an intriguing mix of near-, medium-, and long-term growth prospects.