I would agree that, 3 Years is a reasonable period for the stock.
My philosophy also revolves around investing for 3 to 5 years. Typically for Large Caps, 3 years could be reasonable period and for Small Caps, waiting for more time makes sense unless Stock becomes extremely overvalued, Business fundamentals worsen or Management Quality is degraded within 5 years.
During tough times, Small Caps will test your patience, and Large Caps turn around relatively faster after tough time (Similar to 2008-09 and 2018-19).
Apart from this, there could be some candidates which you can hold for 8 to 10 years as well.
These are some observations from my investment journey. These are not the suggestions.
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