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Slacker Index

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Slacker stocks for a laid-back portfolio.

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The Minyanville Slacker Index, or SLACK Index, is an equal-weighted index of eight slacker-related stocks. Although down a little more than 2% year-to-date, the SLACK Index has handily outperformed its benchmark index, the S&P 500, which is down a little more than 6%.

This relative outperformance typifies the slacker mentality of doing just enough to get by without actually showing a profit or breaking a sweat. Hey man, it could be worse.



Minyanville Slacker Index Component Breakdown

  • Anheuser Busch (BUD) produces half-bodied beers for the full-bodied slacker lifestyle. Not too expensive, not too cheap, not too delicious, not too anything, really. Just beer.

  • Cash America (CSH) is America's largest pawn shop and payday loan service operator. It's estimated that over the course of a decade the average slacker will have paid more than $8,700 for the same $250 guitar through pawn shop loans.

  • Electronic Arts (ERTS) develops, markets, publishes and distributes computer and video games.

  • Kelly Services (KELYA) is a temporary staffing specialist. "I'm only temping here while I save up money to open my own independent coffee shop," said Jim the Slacker.

  • La-Z-Boy (LZB). This company's too lazy to even spell out its own name. We like it.

  • MasterCard (MA). Available credit $7.45? Sweet. Give me a pack of American Spirit Lights, please, and put it on the card.

  • Netflix (NFLX) forever changed home theater. Why hustle to the DVD store when the DVDs can hustle to you?

  • Urban Outfitters (URBN) is widely reputed to be the premier source of slacker beanbag chairs and useless lifestyle paraphernalia.
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No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

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