@Calaber24p value makes more sense over the long term. Valuation metrics like P/E don't do well in predicting or explaining short term returns. For instance, valuation only explains circa 10% of the subsequent year's return. If you extend the time horizon to 10 years however, valuation explains more than 80% of the returns. Just saying that if you want to invest long term then value is good but if you want to speculate short term then growth is more appropriate.