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hot stock

   Also found in: Dictionary/thesaurus 0.02 sec.
hot stock
A stock that has large price movements on very heavy volume. Hot stocks often run in cycles depending on the investing public's interest in particular industries or particular concepts. Hot stocks are usually quite risky and are suitable for speculators involved in short-term trading.


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But what many had in common: a dubious distinction of being penny stocks trading under $5 on the Over the Counter Bulletin Board or the Pink Sheets, where many went public in reverse mergers without the benefit of traditional IPOs--and where investors can make big bucks from a hot stock but also take in the pants from the slightest bit of bad news.
Quote: ``It's a hot stock and it had the highest volume two weeks ago.
Much like a hot stock on Wall Street, speculators may have already factored in the anticipated revival of North American manufacturing into the pricing.
 
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