In the video below, Motley Fool analyst Jim Mueller discusses the opportunities for Whole Foods Market (NASDAQ:WFM).  

Jim highlights two key drivers of the company's recent success as reasons to believe that Whole Foods Market is poised for further growth.  First, its management believes that its addressable market is over 1,000 locations; at just 342 locations today, it has significant growth potential through continued expansion that is expected to triple the company's store count over time.  Second, Jim highlights how the pricing power that Whole Foods Market enjoys thanks to its focus on premium and organic foods translates into net income margins that are significantly higher than the low margins typically generated by grocery store chains including SUPERVALU (NYSE:SVU), Safeway (NYSE: SWY), and Kroger (NYSE:KR).

Jim believes that, in combination, these factors will lead to further opportunities for Whole Foods Market in the future.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.