The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith discusses topics across the investing world.

In today's edition, Austin tries to answer the question, is Elizabeth Arden a buy today? The company seems expensive by traditional metrics, but there is some justification for the premium. Their third-party relationships with other larger companies allow them to realize some stable, predictable returns.

With Europe in shambles, many investors may be nervous about investing in a company that's internationally focused, but they shouldn't be. Emerging markets are giving new life to established American companies with deep pockets. As these industry titans look abroad for more sales, they aren't starting with a blank slate -- they're bringing their operational excellence to new markets and thriving. To uncover these picks today, we invite you to read a copy of our free report: "3 American Companies Set to Dominate the World."The report won't be available forever, so we invite you to enjoy a free copy today. Click here to get your copy today!