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 focuses on Navistar, which has had a rough run of it lately. An appeals court recently ruled that Navistar can no longer pay fines to sell engines that don't comply with federal emissions laws, a big blow for the company. This comes after the company last week lowered its profit forecast for the year, concerned about lower demand for commercial trucks. Brendan likes that Navistar is investing in natural gas engines and has a partnership with Clean Energy Fuels, but serious benefits could be a ways off. In the video below, Brendan gives his opinion on rumors of a possible acquisition by Volkswagen or Fiat, and whether the beaten-down stock deserves your money. 

Considering Navistar has lost money for two consecutive quarters and is struggling against better-positioned competitors, there may be better opportunities out there. One stock we're highly confident about is identified in our special free report, "The Motley Fool's Top Stock for 2012." In it, our chief investment officer identifies his favorite company for the year. To access the report before the rest of the market catches on, click here -- it's absolutely free.

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.