The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Isaac Pino and research analyst Lyons George discuss topics from across the investing world.

The roller-coaster ride in Europe shows no signs of slowing, and investors are left wondering whether the European Central Bank will take action in the coming weeks. Since the beginning of May, the Dow has plummeted over 8%, with much of the blame being squarely placed on the Greek tragedy. So far in 2012, however, many large-cap American companies have taken a dismal European market in full stride. At a company level, many of the blue chips factored in tepid growth on the continent across the pond. Only in recent weeks have we seen companies like Cisco revise forecasts to account for an even greater downturn in European demand. Isaac and Lyons delve into the Dow companies facing headwinds and the ones poised to prosper even as Europe declines.

With Europe in shambles, many investors may be nervous about investing in a company that's internationally focused, but they shouldn't be. Emerging markets are giving new life to established American companies with deep pockets. As these industry titans look abroad for more sales, they aren't starting with a blank slate -- they're bringing their operational excellence to new markets and thriving. To uncover these picks today, we invite you to read a copy of our free report: "3 American Companies Set to Dominate the World." The report won't be available forever, so we invite you to click here to get your copy today!

Isaac Pino owns shares of General Electric. Lyons George has no positions in the stocks mentioned above. The Motley Fool owns shares of Ford. Motley Fool newsletter services recommend Ford. 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.