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

In today's edition, Austin and Andrew talk about an iconic Dow component: Kraft (NYSE: KFT). The company has a tremendous arsenal of strong brands, including Oreo, Ritz, and Cadbury. Its recent decision to split into two companies certainly has a bull and bear case to be made, but the more Austin looks at this, the more bearish he becomes. With all of the competition, both domestically and internationally, does this spinoff really make sense?

Andrew Tonner and Austin Smith have no positions in the stocks mentioned above. The Motley Fool owns shares of SUPERVALU. Motley Fool newsletter services recommend Procter & Gamble. 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.