(1:00) - Large Cap Value vs. Growth: Breaking Down The Performance(11:45) - Do You Chase The High Flying Stocks?(19:10) - Episode Roundup: IWD, IWF, DIS, BAC, CSCO, UNH Podcast@Zacks.com Welcome to Episode #203 of the Value Investor PodcastEvery week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.But in 2020, it’s really hard to be a value investor. Outside of a narrow span of about a month in March, when stocks sold off in the coronavirus sell-off, it’s been all growth again.Over the last year the iShares Russell 1000 Value ETF IWD has lost 8.95%.But the iShares Russell 1000 Growth ETF IWF has soared 22.99%.It’s no better over the last 3 years with Growth returning 18.76% while the Value ETF had just a 1.68% average annual return over that same time.Who wouldn’t want to chase those returns?Value Investors Don’t Have to ChooseHave a diversified portfolio. Unless you run a “value only” mutual fund or hedge fund, you can invest in whatever you want.That means value investors can own growth. Heck, Warren Buffett’s Berkshire Hathaway owns shares of Amazon now.There are no rules in investing.Have Guts? Look at Some Value StocksWith everyone else chasing the growth stocks, it’s not a bad time to take a look at some of the beaten down value stocks.1. Walt Disney Company DIS hasn’t returned to its former highs. With its parks still partly closed and its movie business mostly on hold, shares are still down 1.4% for the year. Is it a deal at these levels?2. Cisco Systems CSCO beat earnings on its last earnings report, but the Street didn’t care, as shares sold off and are down 9% over the last month. It’s trading with a forward P/E of 13.5, which is well under the average forward P/E of the S&P 500 of 25.3. Bank of America BAC continues to be one of the big bank stocks that is considered a value. It now has a forward P/E of 16, as its earnings have been cut. Shares are still down 27% year-to-date.It takes guts to accumulate positions in stocks going nowhere while the growth stocks are soaring.What else do you need to know about growth versus value in 2020?Find out on this week’s podcast.Looking for Stocks with Skyrocketing Upside?Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cisco Systems, Inc. (CSCO): Free Stock Analysis Report Bank of America Corporation (BAC): Free Stock Analysis Report The Walt Disney Company (DIS): Free Stock Analysis Report iShares Russell 1000 Value ETF (IWD): ETF Research Reports iShares Russell 1000 Growth ETF (IWF): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research