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

In today's edition, Brendan and Austin discuss recent earnings out of Emerson Electric and the company's future prospects. While the company's earnings were somewhat disappointing, Austin and Brendan like that Emerson has continued to focus on growth despite the economic downturn. If you've been looking at Emerson, this could be a good time to get in for cheap for the long term.

Austin Smith and Brendan Byrnes have no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Cummins and Emerson Electric. 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.