Abstract

Today, value stocks and growth stocks in various capital markets around the world are served as one of the most important investment strategies. In general, the stocks of companies in the capital market may be classified into one of three categories of portfolio: of growth stocks, value stock or neutral stocks (natural stocks). In this review study, using the library method, the returns of stock growth and value stock were compared in the exchange stock. According to various theories and the results of some studies, growth and value stocks might fall at both ends of the profitability spectrum. Value and growth stocks are at the top or bottom end of the spectrum. Therefore, the growth stocks of companies have always tended to move towards high profitability and rapid growth in the evolutionary process of firms. According to the review of the studies and the theories presented, it is recommended to investors in the middle exchange stock to invest in large growth stocks in order to achieve higher returns.