15 Most Successful Penny Stocks in History

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14. Pier 1 Imports Inc (NYSE:PIR)

Market Cap: $355 Million

Pier 1 Imports Inc (NYSE:PIR)’s stock had had a great run until the financial crisis started. The company that sells furniture and other decorative accessories had been already struggling since 2003, but the burst of the housing bubble, which affected not just financial companies, but also furniture retailers, sent the stock below $1 per share. It managed to recover in the following years, reaching $24 in 2013, but since then it has been on a decline again and is currently again trading below $5 per share.

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