Growth has outperformed value over the last several years. Is value dead? This paper explores whether value portfolios are expected to outperform growth portfolios. Value or growth spreads are used to address this research question. Zero investment portfolios yielded positive returns for different growth and value portfolios using returns with different frequencies. At the time of writing this paper in 2019, it appears that value portfolios are predicted to outperform growth portfolios in 2020.