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

In today's edition, Austin discusses a few of the reasons he loves Crocs. The company is the best it's been in years, and still looks cheap today. It has diversified effectively away from its contentious rubber shoes into other industry-specific products. You can add their large amount of free cash flow, high margins, and still-cheap metrics as a few other reasons to love this company. Even if you don't feel like buying the shoes, you should still take a look at the stock.

Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Under Armour. Motley Fool newsletter services recommend Nike and Under Armour. 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.