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high flyer |
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High flyer High-priced and highly speculative stock that moves up and down sharply over a short period. Generally glamorous in nature due to the capital gains potential associated with them; also used to describe any high-priced stock. Antithesis of sleeper.
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continues to be a high flyer two weeks after the company received approval from the Food and Drag Administration to market its proprietary cancer drug, Abraxane. Technitrol (NYSE: TNL), a maker of electronic components for telecommunications and computer networks, is another high flyer in Johnson's eyes. Merisel, based in El Segundo, was once a high flyer in the technology distribution industry. |
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