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

In today's edition, Brendan and Austin talk about one of the best buy-and-hold stocks out there: Johnson & Johnson. The accolades just keep stacking up for a company like this. It has a high dividend yield and highly sustainable payout ratio, and it's well-diversified across three major segments. Because of its size and diversity, Johnson & Johnson can withstand far more market turmoil than many of its competitors.