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The Russell 2,000 Growth Index, a gauge of small stocks with relatively high earnings forecasts and ratios of price to book value, returned 43 percent last year, while the Russell 2,000 Value Index, made up of small stocks with lower valuations, slipped 1. ORO BUYBACK: In an effort to boost the stock price to book value, Burbank-based jewelry maker OroAmerica Inc. On top of that, Green says he's also looking for companies with a low price to book value, preferably 20%-25% below their industry's average. |
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