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 Brendan Byrnes discuss topics across the investing world.

In today's edition, Brendan and Austin talk about a recent WPP report on the top 100 most valuable global brands. The report yielded some valuable observations about what investing means in each of the BRIC nations. Fortunately for the U.S. investor, Brazil seems to be one of the most favorable nations for international companies to invest in. You don't get the same emphasis on JV's that you get in China or India, which can crimp a domestic company's profitability. Brazil, and much of Latin America for that matter, also seems more receptive to international brands than Russia, which notoriously favors its own domestic companies. Austin outlines a few companies with potential upside based on these observations.

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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.