Value and growth are two primary investing styles. Value stocks are undervalued companies trading below their intrinsic worth, often identified using metrics like low P/E, P/B, and high dividend yield. They tend to be established firms with stable earnings. Investors expect the market to eventually recognize their true value, resulting in price appreciation. On the other hand, growth stocks belong to companies with strong future potential and above-average earnings growth. These stocks reinvest profits and rarely pay dividends. While growth stocks can deliver high returns, they come with higher volatility and valuation risks. Investors must assess their risk tolerance and investment horizon before choosing a style. Value investing suits conservative investors seeking steady returns with margin of safety, whereas growth investing is more suited to aggressive investors targeting high capital gains. Many portfolios combine both styles to balance risk and reward. Timing and market conditions often influence which strategy outperforms.