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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.

high flyer
A heavily traded stock that sells at a high price-earnings ratio. High flyers go through a period of rapidly rising prices when something about the firms or the industries in which they operate catches the investing public's fancy. Unfortunately, however, most high flyers eventually come to earth with plunging prices when investors' expectations are shattered.


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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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