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.

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.

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.
References in periodicals archive ?
The High Flyer will travel to all four corners of the country with Virgin Australia, experiencing the heights of Australian hospitality both on the ground and in the air.
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 High Flyer Sale was the brainchild of senior auctioneer Terry Court, who is shortly retiring after 62 years with Brighwells.
The Branson High Flyer Club recognises the achievements of consultants and managers who maintain an excellent and consistent level of sales.
AUBURN haired mother-of-three Mrs Justice Rafferty is a high flyer who looks nothing like her 52 years and has a way of silencing any male buzz of conversation each time she enters court.
Top mare in the High Flyer sale was Ceri Fell's nine-year-old Popsters Jaleesa, sold to Mrs Bunting of Essex for PS3,500.
Jumbo Jewelers defeated Barangay Manama 93-87; Cellucom beat Philippines 70-63; and Arabia Office Solution defeated DHL High Flyer 67-52.
County Wexford handler Paul Nolan is looking forward to saddling Sky High Flyer as she moves up to Group One level for the first time.