PASADENA, CA – MAY 22: Exterior view of Urban Outfitters signage is seen on May 22, 2021 in Pasadena, California. (Photo by RBL/Bauer-Griffin/GC Images)
RBL/Bauer-Griffin | GC Images | Getty Images
Small-cap stocks are lagging far behind the major averages this quarter, but they could be due for a bounce in the new year, according to Jefferies strategist Steven DeSanctis.