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

In today's edition, Austin talks about his two favorite auto stocks, Hyundai and Ford (NYSE: F). He sees Hyundai's current positioning echoing that of the Japanese automakers in the 90's, when they started putting out great, reliable products that the domestic automakers couldn't match. Toyota rode that industry wave to become the world's largest automaker. Today, Hyundai's margins are three times those of Toyota's; it has an industry-leading warranty, impressive reliability figures, and has shown the tenacity to grow into new product categories successfully.

Austin Smith has no positions in the stocks mentioned above. Isaac Pino has no positions in the stocks mentioned above. The Motley Fool owns shares of Ford. Motley Fool newsletter services recommend Ford and General Motors Company. 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.