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 around the investing world.

In today's edition, Austin and Brendan discuss an interesting backtrack on an important policy that would have aided retailers such as Wal-Mart. This has larger implications for other companies vying to enter India, an economy that greatly could have benefited from foreign expertise in supply chains.

Going abroad can be extremely tricky for retailers. While India may look like it's going to be a tougher expansion that previously expected, there is another emerging market that is about to handsomely reward one broadline retailer: Latin America. In fact, we think the prospects are so promising we've named it "The Motley Fool's Top Stock for 2012." The company has grown an impressive 15% in the past 15 months and is poised to continue that growth with the upcoming Brazilian Olympics and World Cup. You can uncover this monster stock today by clicking here -- it's 100% free, but it won't be forever, so check it out while you still can.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.