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

In today's edition, they take a look at the best- and worst-performing auto stocks for 2011. Even though the Japanese automakers suffered from three crises this year, domestic companies Ford and GM are down even more for the year. We believe this creates an opportunity for investing in Ford and GM for cheap.

Austin Smith and Brendan Byrnes own no shares of the companies mentioned here. Motley Fool newsletter services have recommended buying shares of Tesla Motors, 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.