The following video is part of our "Motley Fool Conversations" series, in which Motley Fool industrials analyst Brendan Byrnes and technology analyst Andrew Tonner search for value in the market.

In today's edition, Brendan and Andrew look at an iconic automaker that you shouldn't ignore. Ford appears to be dirt cheap right now; it is currently trading at just 6 times earnings, and its stock price has declined by more than 15% in the past month. On top of that, Ford's management has managed to lower its breakeven point for U.S. sales from 17.1 million vehicles in 2006 to 12.8 million vehicles this year. Throw in a catalyst in the form of a dividend that we expect from Ford in the first half of next year, and all this adds up to a stock that we love right now.

Brendan Byrnes and The Motley Fool own shares of Ford. Motley Fool newsletter services have recommended buying shares of General Motors and Ford. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.