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, Austin and Brendan talk about two massive companies with large short interests: Netflix and U.S. Steel. Austin does not buy the short case against Netflix now that the streaming media arena has become increasingly competitive.

The case against U.S. Steel also doesn't seem to be the most justified. Austin and Brendan think the exposure to Europe is scary, but the highly cyclical nature of the company is working against it as investors drive with the rearview mirror.

Shorting stocks can be exciting and profitable, but it's also dangerous. Rather than try and play a falling knife, I suggest you pick up a great growth story for the long run. You can uncover a great one in our report: "The Motley Fool's Top Stock for 2012." We've created a special free report for investors to uncover this soon-to-be rock star. The report highlights a company that is revolutionizing commerce in Latin America, and you can get instant access to the name of this company by clicking here to download it now.