3 Small-Cap Stocks That Could 10X by 2027 For those investors interested in small-cap stocks to buy, you might steer clear of tech names. At least, that’s according to the analysts at Jefferies . Jefferies analyst Steven DeSanctis recently discussed why his firm is underweighting small-cap tech stocks. “‘When we talk to investors, it seems like they are heading right back into tech, and we see flows to its ETFs accelerate as well,’ Jefferies analysts led by Steven DeSanctis said in an equity strategy note Wednesday [Aug. 31], referring to exchange-traded funds focused on the sector. ‘We don’t think this makes sense,’” Marketwatch reported. DeSanctis went on to say that small-cap tech stocks are trading at an average of 3.4 times their sales. While that’s a lower valuation than in recent years, it’s still 62% higher than the historical norm of 2.1 times sales. What should investors who are trying to buy Wonka’s Golden Ticket do? By that, I mean, if you’re searching for small-cap stocks whose prices will jump ten-fold over the next five years, you’ve got to take some risks to get those outsized rewards.