Historically, tumultuous times offer some of the best opportunities to invest in killer stocks, and the market's recent mess surely qualifies. And though high-end accessories maker Coach (NYSE: COH) has recovered from the great recession, many investors expect even better times ahead.

In our Motley Fool CAPS community, 92% of the 2,112 investors rating the company are bullish, so there's no shortage of reasons why Coach will thrive, three of which I've highlighted below.

But here at the Fool, we're all for looking at both the good and the bad sides of an investment. Once you're done with this article, you can read the case against the stock, weigh in with your own comments below, or rate Coach yourself in CAPS.

1. Improving retail environment
Department stores Macy's (NYSE: M) and Nordstrom (NYSE: JWN) that carry Coach items both reported a big leap in March same-store sales, and more upscale retailers like Abercrombie & Fitch (NYSE: ANF) also posted better performance. Analysts and economists see the recent pickup in consumer spending as a positive sign, and some CAPS members think the renewed willingness of consumers to spend puts Coach in a great position.           

2. Room to run
Coach management saw a strong pickup in business in its second fiscal quarter and maintains that its performance continues to improve. While JPMorgan Chase recently became less bullish on other retail stocks like The Buckle (NYSE: BKE), the investment bank upgraded Coach and sees room for growth and potential improvement in margins. And many investors aren't fretting the short-term gyrations much anyway, because Coach maintains a solid balance sheet and a keen ability to generate cash.

3. Expanding reach
Coach is looking to build on the popularity of its products in the U.S. by expanding its reach abroad, particularly in China, where it experienced a big increase in same-store sales in its second fiscal quarter. While China has attracted everything from discount retailer Wal-Mart Stores (NYSE: WMT) to luxury jeweler Tiffany (NYSE: TIF), Coach has found a warm welcome itself in the country and is trying to ramp up as quickly as it can. Coach also believes China will boost its financials sooner than originally thought.                 

To see details of what CAPS members are saying now about Coach, just click on over to Motley Fool CAPS and have a look -- or add your own thoughts directly to this story in the comments box below.