2 FTSE 250 stocks I’d buy today for growth and value Noah Riley holds no positions in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Image source: Getty Images I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Noah Riley Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Noah Riley | Friday, 18th December, 2020 | More on: CWK PFD The market has been split recently, with many investors advocating buying into growth shares and others arguing that value shares offer the best long-term potential. This has created significant uncertainty surrounding the future of the market. I have identified two FTSE 250 companies that I think tick both the growth and value boxes, and am considering for my own portfolio.Cranswick offers a good opportunity FTSE 250 food producer Cranswick (LSE: CWK) has had a relatively stagnant year compared to its long-term history of growth. This price consolidation could offer an excellent entry point in my opinion.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Cranswick is a highly diversified food producer with a portfolio spanning poultry, pork, convenience foods and gourmet products. In 2019 Cranswick continued to diversify, acquiring three companies that expanded its non-meat offerings, increasingly reflecting consumers’ changing consumption habits. The company is a strong cash generator, focusing on efficiency and supply chain management.Cranswick sources much of its food from its own fully-owned farms. By doing this Cranswick is able to keep a tight control on costs and improve margins while delivering ‘farm to fork’ quality control. It also gives the company long-term sustainability as Cranswick remains in control of the whole supply chain, reducing the risk of disruptions.Due to its increasingly diverse revenues and well-managed operations, Cranswick has delivered 30 consecutive years of dividend growth, creating substantial shareholder value. This has been achieved through the company’s incredible top-line revenue performance, which continued into 2020. Considering this strong sales growth combined with a solid dividend yield, a P/E of about 20x makes for an attractive entry price which I am considering acting on for my own portfolio.Another great FTSE 250 sharePremier Foods (LSE: PFD) owns some of Britain’s best loved food brands, including Mr Kipling cakes, Bird’s custard and Oxo stock cubes. These household staples underpin a solid FTSE 250 business that has a consistent history of delivering revenue growth.2020 looks like a record sales year for the company as it has benefited from a UK lockdown-driven spike in demand. Previous headwinds have been overcome, with a definitive pension agreement set to save the company £115m to £145m in potential deficit contributions.The company has also reduced its net debt by £40m to £429m over the past year. This reduction has de-leveraged the company’s balance sheet, bringing down the net debt/EBITDA ratio to 2.7x, ahead of the previously stated target of 3x announced back in 2017.The past two to three years have also seen a major restructuring of the company and this has delivered a sizeable positive impact to company profits. Following these changes, Premier Foods looks set to combine solid revenue growth with consistently improving earnings. At a P/E of about 11x, this is a share that I am eyeing up for a long-term investment.