Harry Potter Stock Index

DEFINITION of 'Harry Potter Stock Index'

A collection of stocks from companies related to the "Harry Potter" series franchise. Created by StockPickr, this index seeks to capture some of Harry Potter's success by investing in selected movie producers, merchandisers and advertisers currently associated with the franchise.

The success of the Harry Potter franchise has snowballed since the first of many Harry Potter books, "Harry Potter and the Sorcerer's Stone", by J. K. Rowling, was first published in 1997. With the addition of movies, toys, games and other accessories, Harry Potter has created an industry generating billions of dollars in sales. With each new book edition or movie release, StockPickr believes investors can benefit by investing in companies involved with Harry Potter branded items.

BREAKING DOWN 'Harry Potter Stock Index'

The Harry Potter Stock Index includes such firms as Scholastic (Nasdaq:SCHL), who publishes the Harry Potter books, and Time Warner (NYSE:TWX), the series movie producer. Even Amazon (Nasdaq:AMZN) is included, where Potter books are best sellers. Hasbro (NYSE:HAS), Motorola (NYSE:MOT), Electronic Arts (Nasdaq:ERTS) and Coca Cola (NYSE:KO) are a few other related companies included in the index.

Is this a real stock index, like the S&P 500? Not really. It's more of a tongue-in-cheek version of a stock index. Note that stock portfolios and financial terms that are tied to celebrities tend to have a short shelf life, depending on how long the buzz lasts. For example, consider the term Bo Derek, which was most popular in the early 1980s, after the movie "10" first came out.

RELATED TERMS
  1. Franchise

    A type of license that a party (franchisee) acquires to allow ...
  2. Franchise Factor

    The measurement of the impact on a company's price-earnings (P/E) ...
  3. Permanent Portfolio

    A portfolio construction theory devised by free-market investment ...
  4. Franchiser

    A party in a franchising enterprise that ultimately owns the ...
  5. Phillips

    A New York-based auction house specializing in the sale of art ...
  6. Crown Loan

    A loan with no set maturity date, These loans are typically made ...
Related Articles
  1. Insights

    Harry Potter and the Unnecessary 8th Book

    A "special rehearsal edition" of the recent Harry Potter play--to be released July 31 as the eighth book in the series--will boost the franchise's fortunes, which have been sagging lately.
  2. Managing Wealth

    Harris Associates: Investment Manager Highlight

    Take a look at the executive management and investment professionals team that leads the private investment firm of Harris Associates.
  3. Insights

    Top 10 Successful Movie Franchises

    These movie franchises have grossed the highest overall.
  4. Managing Wealth

    6 Female Entrepreneurs Who Built Their Fortunes From Scratch

    Oprah and JK Rowling are just a couple of female billionaires that started with nothing.
  5. Investing

    Once-Stagnant Stock Is Now A Growth Story

    Sometimes, nothing improves a company's outlook like a smart, well-timed acquisition. When done right, these deals can transform companies with unexciting prospects into compelling growth stories. ...
  6. Markets

    3 Stocks To Profit From The IPO Bull Market

    In a sure sign that the U.S. eocnomy has finally broken free from the lingering effects of the Great Recession, the IPO market is scorching hot. The dollar value of U.S. IPOs in 2013 jumped 4 ...
  7. Managing Wealth

    Why Is The Star Wars Franchise So Valuable?

    There is no doubt that Star Wars was well worth the $4 billion-plus purchase price.
  8. Managing Wealth

    5 Self-Made Female Billionaires

    We all want to be billionaires, like the song goes. Here’s a look at some self-made female billionaires, and what characteristics these exceptionally wealthy ladies have in common.
  9. Markets

    Diamond in the Rough? U.S. Franchises in 2016 (MCD, DNKN)

    Learn about U.S. franchise growth and direction for 2016 and how changes in wage standards and consumer preferences may endanger large fast food chains.
  10. Insights

    The 6 Most Successful Films of the 21st Century

    Discover which 21st century movie releases rank as the most profitable in terms of absolute worldwide gross and as percentages of the movies' budgets.
RELATED FAQS
  1. Harry began a front-end load contractual plan, calling for $100 a month for 10 years ...

    The correct answer is A) In a front-end load contractual plan, the investor will receive the NAV plus all sales charges greater ... Read Answer >>
  2. What is a permanent portfolio?

    A permanent portfolio is a portfolio construction theory devised by free-market investment analyst Harry Browne in the 198 ... Read Answer >>
  3. What is the relationship between the PPI and the CPI?

    First, let's take a look at what these two acronyms mean: the PPI is the producer price index and the CPI is the consumer ... Read Answer >>
  4. How can I find out if a company I like is included in an index?

    There are a few ways to find out what indexes a company is involved in, and investors should take note of them when they ... Read Answer >>
  5. What are the pros and cons of using the S&P 500 as a benchmark?

    Learn about the advantages and disadvantages of using the S&P 500 as a benchmark for portfolio performance, and understand ... Read Answer >>
  6. How are HBO, Amazon and Google working to overtake Netflix?

    Learn who Netflix's primary competitors are, why these competitors just may beat Netflix with its own tactics and what Netflix ... Read Answer >>
Hot Definitions
  1. Glass-Steagall Act

    An act the U.S. Congress passed in 1933 as the Banking Act, which prohibited commercial banks from participating in the investment ...
  2. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  3. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  4. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  5. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  6. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
Trading Center