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

In today's edition, Austin recaps some of the best-performing stocks in his sector (consumer goods...in case you didn't know) and gives his take on two that he likes going into 2012.

Austin Smith and Andrew Tonner do not own shares of the companies listed above. Motley Fool newsletter services have recommended buying shares of PriceSmart. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.