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.

Buying shares of Hyundai can be difficult for many investors since it's an international company. Sometimes it is just easier to go with a proven domestic company that has its best growth ahead of it. That's exactly the case with the three companies we've profiled in our special free report: "3 Companies Set to Dominate the World." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Enjoy, and Fool on!