10 Most Successful Penny Stocks that Made It Big

9. Pier 1 Imports (PIR)

Price: $4.55;

Many of the companies you will find on this list don’t have the dreamy story most people expect from fast rising stocks. The number 9 on our list of most successful penny stocks that made it big  is Pier 1 Imports that was once a solid company with a large set of products that included everything from large furniture pieces to gifts and various decorative accessories. PIR reached its all-time high share price in 2003, and since then the company has been facing a constant decline for more than seven years. This was propelled by the growing competition and the 2008 Economic crisis. Since then the company has made drastic changes and now this stock is facing a solid growth. At the moment the Pier 1 Imports shares can be purchased for $4.55 a piece.

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