high flyer

Also found in: Idioms.

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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

High Flyer

A highly volatile, highly priced stock. Generally speaking, a high flyer has a high price-earnings ratio and moves significantly up and down in price in a short period of time. High flyers are attractive to high-risk investors because of the possibility for high capital gains in a very short period of time. The increases in price come about as investors expect a positive announcement, such as high earnings. If this announcement does not occur, or is not as optimistic as expected, the price collapses.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Gulf Air's "High Flyer" award scheme, established this year, recognises the efforts of employees who consistently display a superior level of commitment, accountability, positive attitude and ability to embrace change.
Commercial: 10.45am: MoneyGram Moneygrado vs Filex Cargo-A; 12.05pm: Alba vs DHL High Flyers.
Head of Economics Steve Kay said: "Merchants has a long tradition of inspiring some of Britain's financial high flyers and Economics is our most popular subject."
Mr Walters said: 'Simon Rosser Howell had been a high flyer but had suffered from manic depression and had not worked for some time.' The jury returned a verdict of suicide.
Ruthless cost cutting, coupled with the high mobility of the career-minded, means that real high flyers are often very hard to unearth.
The plot revolves around a scandal in Savannah when a well-to-do local high flyer's gay lover is murdered.
Fourteen were sold in Saturday's High Flyer auction, going for a total of PS47,820 and averaging PS3,415.
Having the last ball possession, Al Ghalia set up an alley hoop pass to Glower, but was prevented by High Flyer's American player 'Slim' as time expired.
We've a very good record of talent spotting so it won't necessarily be a high flyer that we bring in but we'll look to buy wisely.
In 2003 her sales won her a Ford Focus, her reward for reaching the gold level of Branson High Flyer Club at The Virgin Cosmetics Company.
ALMOST THERE: Global Flyer approaches airfield 67 hours after take off; HIGH FLYER: Branson congratulates Fossett on the runway at Salina, Kansas, as he celebrates with wife Betty