The following video is part of our "Motley Fool Conversations" series, in which Andrew Tonner, technology editor and analyst, and Brendan Byrnes, Industrials editor and analyst, discuss topics around the investing world.

In today's edition, they discuss the cheapest companies in industrials. Are these companies priced low for a reason, or is this an opportunity to buy great companies at a discount? One perhaps surprising company in industrials that's cheap is GM. The company trades for less than 5 times earnings despite being the auto-market share leader in the United States and China.

Andrew Tonner owns no shares of the companies mentioned here. Brendan Byrnes owns shares of Ford. The Motley Fool owns shares of Ford, Lockheed Martin, and L-3 Communications Holdings. Motley Fool newsletter services have recommended buying shares of Ford, L-3 Communications Holdings, and General Motors. 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.