Christmas came early for stock investors this year as the market surged following the election of Donald Trump.
But a big November gain doesn't mean December can't be a strong month too, a new report shows.
"The obvious question many investors are now asking is, 'Will November's strength steal from a possible end-of-year rally, especially when it comes to small-cap stocks?' History says no," CFRA's chief investment strategist Sam Stovall wrote in a note to clients Monday.
Since the U.S. presidential election on Nov. 8, U.S. stocks are up across the board, led by the small-cap Russell 2000 index, which is up 12 percent.
Other benchmarks such as the Dow Jones transportation average and S&P MidCap 400 index have posted gains north of 8 percent since the election on hopes for pro-growth economic measures under President-elect Donald Trump.