A Lululemon sign hangs in front of their store at the Woodbury Commons Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York.

Gary Hershorn | Corbis News | Getty Images

(This story is for CNBC Pro subscribers only.)

JPMorgan analyst Matthew Boss on Thursday laid out a strategy for investors who are looking to own retail stocks during the coronavirus pandemic and into next year, when hopes for a widely available vaccine boosts expectations around an economic recovery.

“The way we’re thinking about is a bifurcated approach, meaning I think there will be companies that do well as Covid remains or outperform,” the No. 1 retail analyst according to Institutional Investor said on CNBC’s “The Exchange.”

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