The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Matt Argersinger and Andy Cross, discuss the top business and investing stories of the day.

Shares of Williams-Sonoma (NYSE:WSM) hit a new 52-week high on Wednesday after the specialty retailer reported better-than-expected earnings. The company is also increasing its dividend. Is it too late for investors to buy Williams-Sonoma? What's the biggest competitive threat to Williams-Sonoma? In this installment of MarketFoolery, our analysts debate the future of the specialty retailer.

The relevant video segment can be found between 5:33 and 11:21.

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