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.

Every now and again, we come across a stock that has us so excited we can hardly contain our investing enthusiasm. We've uncovered one such pick with so much promise that we've dubbed it "The Motley Fool's Top Stock for 2012." We've created a special free report for investors to uncover this soon-to-be rock star. The report highlights a company that is revolutionizing commerce in Latin America, and you can get instant access to the name of this company by clicking here to download it now.

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.