Some people scoff at the notion that a savvy investor armed with a small nest egg of $1,000 can build a fortune, but it?s happening every day.

Here are three penny stocks that literally lined their early investors? pockets with gold.

In the early 2000s before the medical community began focusing on obesity as a major epidemic, Owings Mills, Md.-based Medifast, Inc. (NYSE: MED) was a penny stock with a vision but without much share value.

On Dec. 29, 2009 the diet management company was a 14-cent penny stock, compared to its $26.29 share value today. If you had invested $1,000 in this stock just five years ago, your stake would be worth $187,785 today!

Medifast Still Expanding

Medifast has been growing along with its share value. On Jan. 9, the company announced the opening of five new franchise locations in Alabama and Louisiana, which will be owned and operated by Team Wellness CEO, Neal Smith.

?The continued addition of franchised Medifast Weight Control Centers is consistent with our long-term growth strategy and increases the delivery of our services? said Chairman and CEO of Medifast Michael MacDonald, in a written statement. ?By growing the footprint of our Weight Control Centers, we stand to reach more Americans, supporting them in their transition to, and maintenance of, healthier lifestyles,? he added.

On Jan. 30, MED?s share price closed at $26.29, down 35 cents from its close of $26.64 the previous day.

Find out what could be the best investor?s move when it comes to MED by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com/

Drive-Chain Makers? Comeback

When the auto industry imploded in 2008 it took Axle & Manufacturing Holdings, Inc. (NYSE: AAM) down with it.

The Detroit-based drive-chain maker?s stock value cratered on Mar. 6, 2009, becoming a penny stock selling at 40 cents a share, only to make a major comeback to its current $19.02 a share value today. Had you invested $1,000 in Axle & Manufacturing the day it hit its low five years ago, it would have grown to a nice little nest egg of $47,550 today.

Backlog of Business

The company has come back strong in tandem with the U.S. auto industry. For example, On Jan. 15, Axle & Manufacturing Holdings announced that its backlog of new and incremental business for 2014 through 2016 of an estimated at $900 million in future annual sales. Not bad for a company that only five years ago was facing bankruptcy.

On Jan. 30, AAM?s share price closed at $19.02, up 3 cents from its close of $18.99 the previous day.

Find out what could be the best investor?s move when it comes to AAM by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com/

Home-Goods Hero

Fort Worth, Texas-based Pier 1 Imports Inc. (NYSE: PIR) is a prime example of a penny stock that went on to reward its investors handsomely.

The recent mortgage meltdown kicked Pier 1 in its financial teeth, decimating its stock value that had reached $25 in November 2003. On March 13, 2009, Pier 1 shares hit a low of 11 cents. Despite this, the company never filed for bankruptcy and an improving economy, housing market and a rising stock market have sent its stock soaring to its old highs.

Had you invested just $1,000 in Pier 1 at its penny-stock low, it would be worth $174,363 today!

Still, like so many other retailers, Pier 1 Imports Inc. (NYSE: PIR) suffered a disastrous holiday selling season. Its CEO Alex W. Smith blamed continued slow traffic caused by wintry weather for the lethargic 1.3% increase in same store sales for the five-week period ended Jan. 4, 2014, compared to the five-week period ended Jan. 5, 2013.

That?s why it?s increasingly critical that the 2014 housing recovery doesn?t fizzle but continues to heat up to a white hot sizzle, creating a strong demand for the decorative accessories, housewares, seasonal products, furniture and candles Pier 1 sells.

So far, there are some good market omens, and more importantly, mounting evidence that the 2013 partial housing recovery is more than a false start. Here are just three of them:

- Fannie Mae?s positive outlook for the 2014 housing market in a Jan. 13 statement by its Chief Economist Doug Duncan: ?Despite the rise in mortgage rates since the spring, many housing indicators posted strong gains at the end of 2013 and consumer housing attitudes are strengthening, all of which bodes well for continued but measured housing recovery in 2014,? Duncan said in a written statement.

- New homes are staying on the market for an average of 3.1 months before being sold, far less time than the average 5.5-month average for the last 30 years.

- A recent report by Wash.-D.C. financial publisher Kiplinger is forecasting that new-home sales are likely to soar by a solid 15% or 500,000 in 2014.

Online channel increasingly important

An increasingly stronger online presence could also help turbocharge Pier 1?s sluggish sales. The company witnessed the growing importance of its popular Web site Pier1.com when the ecommerce site ended up accounting for about 4% of the company?s total December sales.

The good news is that the outlook for online sales is much better than it was in 2013. In 2014, ecommerce sales will soar to nearly $250 billion, up from $155 billion in 2009, according to Cambridge-Mass research firm Forrester. Last year, online retail sales were up a healthy 11 percent, compared to 2.5 percent for all retail sales.

On Jan. 30, PIR?s share price closed at $19.18, up 11 cents from its close of $ 19.07 the previous day.

Find out what could be the best investor?s move when it comes to PIR by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com/

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