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

In today's edition, Austin talks about why the shorts are wrong about SUPERVALU, and why this stock is a super value today. The company is quickly shedding the baggage from their Albertson's acquisition, which has been a ball and chain on their balance sheet for a while now. As they pay down debt and write down bad assets, their metrics are sure to rebound in a big way. Not only that, the company trades at a bigger discount to free cash flow than their competitors.

If after hearing this, SUPERVALU's debt load is still too much for you, then maybe you should take a look at our free report: "The Motley Fool's Top Stock for 2012." In our special free report we highlight a great emerging-market stock that doesn't have the same burdens SUPERVALU is trying to shed. Instead, this company is all upside from here. Click here to download your free report now.