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

Shares of Whole Foods (NASDAQ:WFM) hit a new 52-week high on Wednesday in the wake of better-than-expected earnings and a 2-for-1 stock split. Whole Foods also raised its full-year earnings guidance. Despite Wednesday's gains, shares of Whole Foods still lag the broader market over the past year. In this installment of MarketFoolery, our analysts discuss the competitive landscape and the future of Whole Foods.

The relevant video segment can be found between 0:27 and 6:36.

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