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, Austin and Brendan discuss recent rumors that Best Buy (NYSE: BBY) could be a private equity buyout candidate. The company is currently very cheap with regard to free cash flow. Despite headwinds and competition, they could be so cheap now that private equity firms may come sniffing around.

Austin Smith has no positions in the stocks mentioned above. Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool owns shares of Best Buy and GameStop. 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.