Buy this online thrift store as secondhand clothing market heats up, Jefferies says

thredUP Co-Founder & CEO James Reinhart speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 02, 2019 in San Francisco, California.
Kimberly White | Getty Images Entertainment | Getty Images

Strong growth prospects in the clothing resale market should fuel a big jump in ThredUp's stock price, according to Jefferies.