Time to Buy This Luxury Stock?

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The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill and analysts Jason Moser and Tim Hanson discuss the top business and investing stories of the day.

Michael Kors'  fourth-quarter profits doubled. Shares of the fashion retailer were up Wednesday on the higher-than-expected earnings. Should investors take stock in the luxury brand? In this installment of MarketFoolery, our analysts discuss what the latest news means for investors.

Michael Kors is one of today's hottest high-end fashion brands, and that's translated into one of the best-performing stocks in retail -- since its debut on the market in late 2011, the share price has more than doubled. But with all that growth, has the stock finally become too expensive or is there still room left to run? The Motley Fool's premium report on Michael Kors gives investors all the information they need to make the right decision. We cover the key must-watch areas, opportunities, and threats to the company that investors need to know. To claim your copy, simply click here now for instant access.

The relevant video segment can be found between 0:41 and 5:50.

For the full video of today's MarketFoolery, click here.

The article Time to Buy This Luxury Stock? originally appeared on Fool.com.

Chris Hill and Tim Hanson have no position in any stocks mentioned. Jason Moser owns shares of Coach. The Motley Fool recommends and owns shares of Coach. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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