On the first trading day of the year, I returned to CNBC “Closing Bell” to discuss market outlook over the next 12 months. During the segment, I weighed in on a few companies and where we see value in the market ahead. As value investors, we have a positive outlook for the retail sector. After the holidays, people often wonder if retailers did well enough, and midway through the season the answer for many was that they did not. However, we think they have been oversold and see opportunity. To view the full segment, click the image below.