The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes addresses topics from across the investing world.

In today's edition, Brendan takes a look at NetJets, a unit of Warren Buffett's Berkshire Hathaway, and its recent order of as many as 425 small jets. Bombardier is the main beneficiary of the order, worth over $7 billion for the company at list prices. NetJets made the big order, of which deliveries will begin in 2014, as a big bet on the economy rebounding in the future. If it does, this order should help put NetJets further ahead of its rivals. Check out the video below for more on why this move makes sense for NetJets and Berkshire Hathaway. 

Berkshire continues to look dirt cheap, trading near trading 1.1 times price-to-book, a level where Buffett previously said he'd repurchase shares. But our chief investment officer has picked out a different stock that he's even more bullish on. In fact, we're so excited about this stock that we've dubbed it "The Motley Fool's Top Stock for 2012." This free report outlines a high-growth company that's revolutionizing commerce in Latin America. To access the report before the rest of the market catches on, click here -- it's absolutely free.