Retail and Manufacturing Sectors Suffering from Store Closures

Both retail and manufacturing sectors have been impacted by store closures resulting from the COVID-19 outbreak. According to Equity Research Analyst, Chris Svezia, store closures could result in comp declines of up to -20% for retailers in Q1. In a research note featured by The Street, he explains how his estimates and price targets take into account multiple variables such as global containment efforts, liquidity, and buyback suspensions.

For more comments from Chris Svezia, view his full appearance.